Author - David John Marotta, CFP®, AIF®

1
Investing Mistake: Paying Too Much In Investment Vehicle Fees
2
How to Get Started with Retirement Planning
3
How to Set Retirement Goals
4
How to Protect Your Retirement
5
How to Adjust Risk Appropriately for Retirement

Investing Mistake: Paying Too Much In Investment Vehicle Fees

There can be great value in the sage advice of a fee-only fiduciary advisor. Even if they brought no value for their investment management, they could still bring great value for their help in comprehensive wealth management.

While a competent financial counselor can bring value, an expensive investment product cannot.

Given two S&P 500 funds, the fund that charges less in fees and expenses allows investors to keep more of the underlying returns. A small difference in returns has a large affect over long periods of time.

Imagine two investors who each take our advice and …

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How to Get Started with Retirement Planning

There is an urgency to planning for your retirement. Some choices can be postponed, while others will severely impact your financial freedom later in life.

I love math, especially story problems. One of my favorite goes like this: Tom is driving to a city that is 120 miles away. For the first 60 miles Tom averages 30 miles per hour. How fast must Tom drive the last 60 miles in order to average 60 miles per hour for the entire trip?

The answer is not 90 miles an hour. The answer is that it is impossible for Tom to average …

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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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