Planning For Longevity

March 20th, 2019

Wow, he made it. Over the past 14 years I have talked about him, written many articles about him and wondered whether he would actually make it to his 100th birthday.

He is an inspiration to me; I have often reflected on his life, especially in times of my own self-doubt, not always because of his advice but because his life is a feel-good story. Everyone loves a rags-to-riches story – self-made wealth which came from hard work, perseverance, trial and error, and an element of risk-taking.

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Spring-Clean Your Finances: 10 Tips to Boost Savings

March 14th, 2019

Find areas in your budget that you may be able to live without.

Here are 10 quick and easy ideas for generating an extra $250 a month that can be used to pay down debt or redirect to your retirement savings:

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Investment concepts you should understand

March 14th, 2019

Investment literacy is an important way to stay on top of your retirement plan. Bone up on 12 key investment principles that you need to stay informed by viewing a quick slide show from AARP.  https://tinyurl.com/y6a34d49

Healthcare & Your Social Security Benefits

March 12th, 2019

Healthcare takes a bigger share of Social Security benefits as you age. Many people expect that they will be able to live on less income in retirement. Some expenses clearly will fall for some (such as mortgage payments and commuting costs), but others may rise, and potentially increase over time (such as healthcare).

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When Cash Is King

March 5th, 2019


Retirement planning is not all about investment growth and asset allocation. Cash is an often overlooked, yet essential way to stabilize your income, improve your ability to handle unanticipated expenses, and to become financially flexible.

Here’s a short, practical guide for setting up a robust cash management strategy using three types of cash “buckets”: Read the rest of this entry »

Pay Off Your Student Loan or Pay Into Your 401 (k) plan?

February 26th, 2019

Many employees are young and carrying debt related to their education. They question whether it’s better to channel income toward paying off loans or into the 401(k) plan.

Like so many other choices in life, this one is complicated.

The best answer is, of course, to do both. But you don’t want to overwhelm employees so they give up and fail to take any action. We all know Read the rest of this entry »

No Fixed Address?

February 26th, 2019

For a lot of people, gone are the days of being chained to a desk in a nine-to-five job, punching a time card in Monday through to Friday and dreading peak-hour traffic on a daily basis.

Over the last ten years there has been a lot of talk about “flexible hours”, “remote access” and “hot-desking”. There has also been a shift in the way employment demands are being met, with a lot of job seekers choosing to offer their services on a consulting [as-needed] basis rather than signing a traditional employment contract.

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Retirement Expectation Versus Reality

February 19th, 2019

When expectation and reality differ, the results can be tough to take — especially when the subject is retirement. By communicating with employees in a way that recognizes both the perceptions and the realities, employers can smooth the transition from worker to retiree.

With this disconnect in mind, it’s important for employers to pay attention to key areas where worker expectations and retirement reality part ways. They may then be able to direct their communication efforts where they could truly make a difference. Read the rest of this entry »

Preferred Asset Allocation

February 15th, 2019

With the level of market volatility that we experienced in 2018, it is possible that your preferred asset allocation may be off target. Say, for example, that your target international stock allocation is 30% of your portfolio. In 2018, your international holdings dropped to 20%, due to weakness in global markets.

To re-balance your portfolio to its original target, you would sell enough of what increased in your portfolio to restore your international holdings to 30%.9

The Stock Market Drops. Now What?

February 7th, 2019

The Stock Market Drops. Now What?

In October 2018, the Dow Jones Industrial Average, a widely followed measure of stock-price performance of 30 of the largest U.S. companies, dropped 1,380 points in just two days. While that sounds scary, it was just a 5% move, taking the index back to mid-July 2018.

Still, you might have noticed that when your funds have been doing well, you feel pretty euphoric, but when they’re down, you feel a lot worse than the pleasure you felt when they were doing better. This is a psychological effect known as loss aversion, and it’s believed to be hard-wired in to our brains. The best way to respond to these emotional swings is to try to take emotion out of the equation altogether. Over long market cycles historically, markets have moved up, although, as always, they fall eventually. It’s that long historic sweep that you should focus on, not short-termmovements. You should also pay attention to the things you can control in investing and ignore what you cannot change. Here are a few tips to keep inmind:

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