Turning retirement savings into retirement income can be an intricate process. Here are factors to consider.
Coronavirus: “Same Old, Same Old” or Miles Away from Ordinary?
When You Have 103 Years to Do Estate Planning
At What Age Should You Start Taking Social Security?
Stress Testing Your Wealth Plan
Real Estate and Finances for Millennials
Hindsight is 20/20. Foresight Isn’t
Understanding the Different Types of Financial Advisors in Florida
Charitable Giving, the Tax-Wise Way
MDFR Retirement Recon: Deferred Compensation
Northstar Financial Planners’ President Earns Special Needs Designation
Your Year-End Financial Checklist
Something to Sink Your FAANGs Into
There’s a misconception in the markets: Value stocks have lost their vigor. Value stocks have underperformed growth stocks over the past decade. In the U.S., the annualized compound return has been 12.9% for value stocks, or those trading at a low price relative to their book value. That contrasts with 16.3% annualized compound return for growth stocks, or those with a high relative price.
Beating the Spread
It’s easy to pick sports winners. Without even looking at next weekend’s NFL schedule, I’m going to pick New England, the 49ers, Green Bay, and the Saints. Will all four of those picks be winners? Maybe not, but if I follow a strategy of picking big favorites every week, I’m highly confident I will pick a lot more winners than losers.
Value Judgments: Viewing the Premium’s Performance Through History’s Lens
There’s a misconception in the markets: Value stocks have lost their vigor. Value stocks have underperformed growth stocks over the past decade. In the U.S., the annualized compound return has been 12.9% for value stocks, or those trading at a low price relative to their book value. That contrasts with 16.3% annualized compound return for growth stocks, or those with a high relative price.
Mental Illness—Concerns and Challenges
The Conflicted Caddie
In the world of financial advice, most people hire advisors with conflicts of interest. And the cost to you isn’t a few bucks for new golf balls. There’s a lot of money that can be made off your money. That’s why probably the most important question you can ask a financial advisor is “How are you paid?”
Miami-Dade Firefighters: Health Insurance Subsidies
What to Expect When Things Don’t Go as Expected
At its most basic, retirement planning is a mathematical exercise. Inputs include annual savings during your working years, expected return on investments, expected retirement date, expected household expenses during retirement, and life expectancy. Did ya notice that one word popped up an awful lot there? A fairly large amount of the financial planning process is based on expectations..
Backdoor Roth IRA Contributions
I received two calls this past month asking basically the same thing. “Hey, Allen, I was talking to this guy, and he said I should do a backdoor IRA. It sounded great! What do you think?” My first thought was “Is someone out there doing seminars on this?” It reminded me of a word that I learned many years ago: Tinstaafl. There Is No Such Thing As A Free Lunch. Or put another way, if it sounds too good to be true, it probably is.