Oct 30, 2017
A few years ago, I was talking with a couple who were about 2 years away from retiring. They had no idea how they were going to live. Don’t get me wrong, they had a pile of money and lots of assets, but no plan as to how or where the income they needed would come from. As we looked at their investments and assets...
Oct 25, 2017
The truth you must know about retirement. The pension is all but extinct. Retirement income is all on you. Where is it going to come from? What percentage of your assets can you spend each year, to make sure your money will last as long as you do? Everything has changed - and what you don't know, can hurt you. We'll...
Oct 24, 2017
Debtor or Cash Buyer Are you a debtor or a cash buyer? What if I told you there isn’t a lot of difference between them in the end? What are we told if we pay cash for big purchases? We’re told that we’ll save money and not pay interest. Of course, that is true – and interest can stack up. Listen to the quote...
Oct 21, 2017
Where are we at so far
- We’ve defined a couple of things
- Pensions are all but history for most Americans
- Accumulating assets for retirement is pretty much up to you
- You better figure out how you are going to get a steady paycheck when you retire
- Annuities can offer a guaranteed income for life
Oct 21, 2017
Every retiree faces the same risks when it comes to taking income from their investments and savings. They are:
- Investment/Market risk
- Withdrawal Rate Risk
- Sequence of Return Risk
- Inflation Risk
- Deflation Risk
- Longevity Risk