On June 9, the U.S. Department of Labor’s Fiduciary Rule—the most famous and controversial set of investment regulations you’ve probably never heard of—is going to start taking effect. The rule promises better protection for investors who employ financial advisors to help manage their retirement accounts, including rollovers into an Individual Retirement Account. The Fiduciary Rule [...]
“Financial Mission - The Retirement Gridiron” Here's this week's Financial Mission, if you choose to accept it. Each week I'll send you a replay of my new podcast, "Your Financial Mission," where I discuss financial topics and share insight that impact your overall financial strategy. This week's Mission: The Retirement Gridiron If you choose to [...]
“Remembering the Fallen” Today, Memorial Day, is the day we remember those who have fallen while serving America and her people in defense of freedom and freedom's cause. Many of us know the shock of losing someone dear, especially when it's unexpected. I lost a brother in 1996 when his F18 crashed in the [...]
“Financial Mission - The Retirement Marathon” Here's this week's Financial Mission, if you choose to accept it. Each week I'll send you a replay of my new podcast, "Your Financial Mission," where I discuss financial topics and share insight that impact your overall financial strategy. This week's Mission: Emotions and Retirement Planning If you choose [...]
“Financial Mission - The Retirement Marathon” Here's this week's Financial Mission, if you choose to accept it. Each week I'll send you a replay of my new podcast, "Your Financial Mission," where I discuss financial topics and share insight that impact your overall financial strategy. This week's Mission: Rookie Mistakes If you choose to accept [...]
For those of you paying attention to tech news over the weekend, you have heard about a recent trend hitting UK hospital networks, among others, regarding a new strain of Ransomware called "WannaCry." While money managers have not been impacted, I wanted to take the opportunity to remind everybody about what it does, as [...]
“Financial Mission - The Retirement Marathon” Here's this week's Financial Mission, if you choose to accept it. Each week I'll send you a replay of my new podcast, "Your Financial Mission," where I discuss financial topics and share insight that impact your overall financial strategy. This week's Mission: The Retirement Marathon If you choose to [...]
“Evidence Based Portfolios” You don’t know what you don’t know. It’s the part of the iceberg under the water. Continuing with our series on the Science of Smart Investing [excerpted from ThinkAdvisor] Part 3: Evidence-Based Portfolios In the recent book “The Incredible Shrinking Alpha”, Larry Swedroe, director of research for Buckingham Strategic Wealth, and his co-author [...]
“Retirement: Life's Most Expensive Purchase” As thousands transition into retirement, wouldn’t it be nice to know what the costs are going to be . . . ahead of time? This article from ThinkAdvisor discusses a Merrill Lynch/Age Wave study that reports: the average cost of retirement is 2.5 times that of the average house! Retirement is [...]
"Hamilton" Tickets - Part of an Alleged Ponzi Scheme In my Retirement Planning courses, there is a section in which we discuss priorities for the money. One of those priorities is "Preservation". It's usually taken to mean a method for preserving the asset over one's lifetime, or 2 lifetimes, as the case may be. [...]