Join Us For a Free Webinar on Wednesday, April 19 at 8:00 pm ET When Joe and Amy came into my office, it was almost too late. Joe and Amy had met in college in Canada and moved to the…
Read More Just Announced: U.S.-Canada Cross-Border Retirement Webinar
As you probably know, the stock market is experiencing the first bear market (20% correction in the S&P 500) since 2009. Although we have had a historic stock market run over the past 10 years, it doesn’t make these drops…
“Can you guarantee an 8% rate of return like the annuity salesman?” I have had a variation of this question a hundred times in my planning career. The minute I get the question my blood starts to boil, hairs raise…
Read More The Misleading “Guaranteed Rate of Return” on an Annuity
I’ve been working with a family for years and finally this year they have decided to pull the trigger and retire. Both will retire now that they are 65, and we spent a lot of time discussing healthcare, and specifically…
Read More The Medicare Mistake That Could Cost You Thousands
The goal in retirement is to have an investment strategy that creates a steady stream of income while minimizing downside risk. Yet, the strategy needs to be aggressive enough in which your account can grow and keep up with inflation.…
Anyone who does their own taxes has been there before. The moment you input all of your taxes, hit the submit button, and close your eyes and hope that you don’t owe money. Taxes are pretty simple. Have enough withheld…
https://youtu.be/xC8EkN4eE70 Careful of Guaranteed Rates of Returns on Annuities How can you lose money when the annuity salesperson "guarantees" a 6.5% rate of return? This video discusses what you should be aware of before buying an annuity. Of course, a…
When Bob and Sally came into the office, their finances were a mess. They had recently retired and were withdrawing nearly 10% annually from their retirement savings. At their current withdrawal rate, they would be out of money by the…
Buying an annuity is not that different from buying a home. Let’s break it down: Both involve pretty high fees (6% realtor commissions don’t pay themselves)Both involve long time commitments as annuities have high surrender fees, and most homes aren’t…
Does it make sense that most financial advisors charge more just because you have saved more? It doesn't to me, so I did something about it.
