Retirement Income Planning Requires Realistic Spending Assumptions

If you have read any literature on retirement planning or have received advice from a financial professional, chances are you were presented with the 70% rule, the one that suggests that retirees will need between 70 and 80% of their pre-retirement income in order to...

Investment Markets Rollercoaster

We finished 2018 with the S&P 500 being down 4.4%. In 2019 through Monday 1/21/2019, the S&P 500 is up 6.63%. Quite a ride 3 weeks into 2019! It brings to mind this chart that I discovered on social media…emojis and all! (click to chart enlarge- chart courtesy...

Financial Literacy for Children

In a recent survey by JumpStart Coalition for Financial Literacy, only 26 percent of those between the ages of 13-21 said that they had been taught how to manage money. Yet, when they turn 18, kids are signing contracts for student loans, opening credit card accounts,...

RIP John C. Bogle

John Clifton Bogle died January 16, 2019. Who is John Bogle? He founded The Vanguard Group (the second largest investment management company in the world) in 1975 and has been called the father of index investing. Fortune Magazine called him one of the four giants of...

House Buying Tips

Buying a house is one of the biggest, if not the biggest purchase you’ll make in your lifetime. Here are some tips and tricks for ensuring that the entire process is as stress-free as possible. Prior to starting your search, make sure you know how much house you can...