2018 | FIGuide

Retiring at 43?! #FIRE

Dec 31 2018

I read a fascinating article by Steven Kurutz in the New York Times recently, it’s titled, “Retire at 43. You’re on FIRE.”

It talks about people who have made the conscious decision to live very frugally. They save a giant percentage of their incomes so they can retire at really young ages. Not 57 early retirement, but 43 or younger!

It’s fascinating, it’s a really interesting mindset. We really hadn’t seen a lot of this before, but have in the last five to ten years. People that want to have control of their lives, be independent and decide what they …

Can Everything Be Down for The Year? Um, yeah.

Dec 31 2018

As of the end of November, ninety percent of asset classes tracked by Deutsche Bank were down.

Sixty-three asset classes are on track for a down year. That is a record, and that’s quite a record. It beats the record from like eighty years ago when they had like thirty some asset classes. Anyway, ninety percent.

Most of the way through December and it’s still on track.

It’s also trending to be the first year in twenty-five years when both stocks and bonds went down.

Stocks have gone down sharply a couple of times this year, earlier in the year …

7 Social Security Myths You Must Know

Nov 30 2018

Many Americans have come to believe certain myths about Social Security benefits and may be misinformed on a range of important topics, such as who is actually eligible to receive benefits, how much they will receive when they apply for benefits, or whether Social Security will pay for their long-term care, to name a few. While the future of Social Security may be uncertain, it is essential to understand the facts about Social Security, particularly what your benefits are, and what they are not, so you can make informed decisions to help prepare for your future.

Let’s explore the

Don’t Buy Complicated Investments

Nov 30 2018

There was an article recently in the Wall Street Journal about the collapse of a company called Future Income Payments. It was a really sad story.

There was a couple in the article and a nice picture of them. They have lost a big part of the money they had set aside for retirement and are in pretty bad financial condition.

It is alleged that they lost that money in a scheme perpetrated by a company called Private Income Payments which would buy pensions and sell the rights to the payments to investors in a little known, and to be …

The Powerful Positive Financial Impact Of Delaying Retirement

Nov 30 2018

By Eve Kaplan, CFP® Practitioner

New data show the powerful positive financial impact of delaying retirement by even just a few months. Postponing retirement even by a month – for some – can equal or exceed the positive impact of saving more each year for 10 years while working. This is great news especially for people approaching retirement who are worried about insufficient savings and who might be thinking that it’s “too late” to shore up their retirement.

As an advisor, I’m always looking for ways for clients to improve their retirement prospects. We’ll all living longer lives and the …

Archive - 2018