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Blog Posts

  • Hitting the Wall from 52 to 57

    April 16, 2012
    A marathon is 26.2 miles. I have run three of them and can say that the first half of the marathon is actually fun, almost a party atmosphere. But then somewhere between mile 16 and 19 I hit the dreaded wall. The infamous wall is that point in the marathon ...
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  • Retirement Is Like Making the Big Leagues

    April 9, 2012
    According to Investment News, almost 80% of NFL players are bankrupt or in severe financial hardship within five years of retiring from the sport. For the NBA, the number is 60%. I thought about these statistics as I read a baseball book, Out of My League, by Dirk Hayhurst. ...
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  • Never Co-Sign Your Retirement Away

    April 2, 2012
    There is a new retirement reality for those that are in their mid-50s or older. For these people, who are trying to save aggressively, or even retire, the topic of having children move back home is a touchy one. As parents, we all want to help our kids in ...
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  • A Retirement Decumulation Journey―Delay Retirement

    March 26, 2012
    While the economy is picking up somewhat, there are plenty of people who are still debating when they can retire. Based on the market returns of the last decade, many retirement plans are on hold. With those returns there are a few drivers in a retirement plan that should be ...
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  • Uh Oh―A Roth Recharacterization Tip

    March 19, 2012
    Plenty has been written over the past few years about Roth IRA conversions. But less has been written about the recharacterization process, so mistakes can be made. There is a specific scenario that everyone should understand if you are going to recharacterize a Roth (recharacterizing involves converting a Roth back ...
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  • A Retirement Decumulation Journey―The Pie

    March 12, 2012
    In my last post, I talked about how to assess some of the bigger strategy issues around using annuities for your retirement plan. In the end, the issue of longevity (living a long time in retirement) needs to be addressed, along with the issue of ceding some control of your ...
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  • A Retirement Decumulation Journey: Annuities 101

    March 5, 2012
    When I got into the financial services industry in 1994, I focused on helping people save money―accumulation planning. But as people shift from accumulating assets to distributing (spending) those assets the decumulation phase of life begins and brings with it a whole new host of issues to deal with. One ...
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