Author - David John Marotta, CFP®, AIF®

1
How to Set Retirement Goals
2
How to Protect Your Retirement
3
How to Adjust Risk Appropriately for Retirement
4
How to Readjust Your Retirement Plan
5
Invest Even When Afraid

How to Set Retirement Goals

Yogi Berra once said, “You’ve got to be very careful if you don’t know where you are going because you might not get there.” Perhaps he was pondering retirement. Without a retirement plan you can’t tell “if you’re there yet.”

But saving something toward retirement and hoping for the best does not constitute an adequate plan. Because retirement is years – even decades – away, planning is more critical, not less. The more detailed the retirement plan, the greater the likelihood of success.

All financial planning begins by listing your financial goals. Most of us are not motivated primarily …

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How to Protect Your Retirement

How to Protect Your Retirement

The original version of this article was published November 22, 2004 under the title “Retirement Wisdom Part 5 – Value Objective Advice.” Time-sensitive numbers are relative to the original post date.

Would you complain if your $100,000 investment grew to $5.2 million dollars over 50 years? Probably not, but how would you feel if you found out it would have grown to $16.7 million had you not lost $11.5 million to unnecessary fees, expenses and commissions?

Analyze your investments at the Morningstar website: www.morningstar.com . Enter the five-character ticker for one of your funds; for example, the Vanguard 500 Index …

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How to Adjust Risk Appropriately for Retirement

The original version of this article was published November 15, 2004 under the title “Retirement Wisdom Part 4 – Adjust Risk Appropriately.” Time-sensitive numbers are relative to the original post date.

When the market is doing well it seems as though investing is strictly about the wisdom of knowing where to plant, when to water, and having the patience to wait for it to grow. But in fact in both good times and bad times, investing is really about managing your emotions. If you want to be an investor, you have to grow to understand not only the relationship between

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How to Readjust Your Retirement Plan

It is important to know how much you should be saving. Every year you delay adequately funding your retirement cuts in half your retirement standard of living.

Imagine Fred and Wilma, now in their forties, with savings of $250,000 and an income of $55,000. They project that putting $1,036 a month into savings this year will meet their goal of retiring at 65. But that projection is only good for the coming year.

Projections are like blinking your eyes open as you are walking quickly. They give you a quick snapshot of where you are and what direction you …

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Invest Even When Afraid

The US markets have set new highs. As of June 30, 2017, the S&P 500 Total Return Index is up 9.34% year to date. Foreign markets are doing even better with the MSCI EAFE Index of Foreign Developed Countries up 13.81% and the MSCI Emerging Market Pirce Index up 17.22% year to date.

That being said, investors are noticeably scared, because they know that the markets can go in both directions.

The stock market is inherently volatile, but it is also inherently profitable. Everyone would want to have invested as much as possible 30 years ago, even knowing all …

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