“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 accept this mission, we'll discuss the major life events that can impact your retirement plan and different ways you can adjust for them. As always if you have any questions or [...]

“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 training area off Ocean City. Military aviation and flight operations are an unforgiving environment, as it war. This is a time when toasts are raised. President Trump's Memorical Speech today captured [...]

“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 to accept this mission, we'll discuss the major life events that can impact your retirement plan and different ways you can adjust for them. As always if you have any questions [...]

“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 this mission, we'll discuss the major life events that can impact your retirement plan and different ways you can adjust for them. As always if you have any questions or would [...]

  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 well as the importance of safe email practice and Windows updates. All you techies out there probably know all this already. This Ransomware works by somebody opening a link or an [...]

“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 accept this mission, we'll discuss the major life events that can impact your retirement plan and different ways you can adjust for them. As always if you have any questions or [...]

“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 Andrew Berkin, director of research at Bridgeway Capital Management, lay out the convincing argument that the investment industry spends far too much time chasing any hint of Jensen's alpha (a measure of [...]

“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 the most expensive purchase most people will make, yet many Americans are under-funding their retirement, according to a new study from Merrill Lynch and Age Wave. The study, Finances in Retirement: [...]

"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. However, my biggest concern for people is HANGING ON to the asset itself. There are so many cases where investors have been defrauded or received bad/poor advice. Today's examples just came [...]

The Money Talk With Your Parents (or Children)   Guess how many people between the ages of 50 and 80 think that one day they won’t be able to manage their day-to-day finances? Nine percent. And how many of them have watched friends or family lose that ability? Sixty percent. This alarming conflict is reflected in a new study by Fidelity Investments, which also found that while many parents are leery of burdening their kids by asking for help with their finances, eight out of 10 [...]