Blog Posts

  • What Bonanza Taught Me about Retirement

    November 28, 2011
    When I was a kid, Saturday night was the special night. First, we got to have a Coke with our meal―outside of Saturday nights, we did not drink soda. Second, we were allowed to stay up and watch “Bonanza,” which started at 10:30 p.m. I remember thinking how cool it ...
    Read more
  • Three Retirement Plan Drivers

    November 21, 2011
    The common question in our office lately has been about returns: What kind of returns should I assume in my retirement plan? As many clients find out, a 1 percent return difference, either positive or negative, has a huge impact on a plan that we are trying to project out ...
    Read more
  • Increase Retirement Savings in 2012

    November 14, 2011
    A few weeks ago I wrote about an increase in Social Security benefits for retirees in 2012. This increase in benefits is due to an increase in inflation. Inflation increases living costs for retirees, but can also drive the savings side of the retirement question. The IRS recently announced that ...
    Read more
  • Retirement Risks: Big Versus Small Decisions

    November 7, 2011
    When working with younger clients, I often get into a discussion of needs versus wants. Often, by the time someone is close to retirement, those lines blur and everything feels like a need. But no matter what your age, I have found that there is an easy way to consider ...
    Read more
  • Retirement Risks: Sequence of Returns

    October 31, 2011
    One of the key lessons to come from the market drop of 2008 and 2009 is that the timing of returns matters as much, or more so, than the average rate of return. By timing, I mean sequence―negative returns early in retirement matter more than negative returns later in retirement. ...
    Read more
  • CLASS Act Stops Before It Starts

    October 28, 2011
    Within the health reform legislation President Obama signed back in March 2010 was a long-term-care insurance program called the Community Living Assistance Services and Supports (CLASS) Act. The program was meant to allow people, while working, to pay premiums into a pool and after a minimum five-year wait, start receiving ...
    Read more
  • Social Security on the Rise

    October 24, 2011
    Inflation, contrary to what is reported, must be on the rise; I know this because the box of cereal I buy is shrinking while the price is not. Social Security is going to help retirees buy that box of cereal this year. After not seeing an increase in benefits for ...
    Read more