Blog Posts

  • College’s Effect on Retirement

    August 13, 2012
    When the topic of college comes up at gatherings, and guests find out what I do for a living, the natural response is that I must be the one guy that is fully prepared for college. After all, I see how much college costs and I should know how to ...
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  • A Healthy Retirement Makes You Sweat

    August 6, 2012
    I have written often of the need to look at the cost of health care in retirement (often citing the Fidelity study that shows the average 65-year-old couple will need $240,000 in retirement for health care—not including long-term care). At the end of the day, however, the cost is the ...
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  • Where Will the Money Come From?

    July 30, 2012
    Last Thursday, reported on an Allianz study that showed only 14% of baby boomers’ parents believe they owe their children an inheritance. I don’t know if 14% is the right number or not, but I can attest to a change in thinking that I am running into more and ...
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  • The Changing Landscape of Long-Term Care Insurance

    July 23, 2012
    Last December, I wrote a blog about hedging against inflation by using the 10-pay option on long-term care insurance contracts. Long-term care insurance is a hedge in that you use current dollars (premiums) to pay for future costs (benefits paid). If you can front-load the premiums by paying the policy ...
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  • The RMD Approach to Retirement Spending

    July 16, 2012
    Accumulation is easy. Save money. Decumulation is tougher because now you need to pick a strategy and stick with it. Strategies abound: Spend your interest and dividends and never touch the principal (which is difficult in today’s low-interest-rate environment); follow the “4% rule” and index that for inflation; or annuitization ...
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  • 0% Interest Rates and Your Retirement

    July 9, 2012
    A recent article by Michael Finke, professor and coordinator of the doctoral program in personal financial planning at Texas Tech University, points to a problem we financial planners have been having for the last several years—a problem we might not be able to shed soon. The problem is interest rates, ...
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  • The Supreme Court Just Announced, “Your Taxes Are Going Up”

    July 2, 2012
    We now have certainty about what the future holds for the Patient Protection and Affordable Care Act (PPACA). By upholding the PPACA, the Supreme Court kept the wheels moving that will affect all of us for years to come. The new law comes with some very specific tax provisions that ...
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