How Retirement Spending Changes with Time

If you are unsure of how your spending habits will change throughout your retirement years, you are not alone. Many new retirees are concerned about spending too much too early in their retirement, and they may hold back from spending their hard-earned income. After all, the mindset and habit changes required to shift from working…

The Nature of Risk

    When you invest money, you are putting it at risk — all investments can lose money. The key is to gauge your risk and not put more money at risk than you are willing to lose.   This is a relative concept. If you only have $10,000 to invest, then putting $9,000 in…

The Financial Stress Toll (of Late)

In a recent survey by the American Psychological Association, more than 80% of American adults said they were feeling increased financial stress due to: Higher inflation (87%) Ongoing supply chain issues caused by the pandemic (81%) Global uncertainty due to the war in Ukraine (81%) Furthermore, hardships related to the pandemic — including poor health,…

Market Volatility: Taken in Perspective

Global turmoil and rising inflation have presented today’s investors with some pretty daunting risks. But remember, this is the situation for which you built a long-term plan. If you haven’t developed such a strategy yet, we are happy to help you do so. We can help identify your long-term goals, particularly with regard to retirement…

Six Rules for Successful Investing with Your Non-Retirement Funds

  Once you’ve exhausted your traditional retirement funds, including 401K, 403B, traditional IRAs, Roth IRAs and other types of defined contribution plans, you may be asking, what’s next? I always recommend utilizing non-retirement funds, such as after tax money, to invest in index funds, including ETFs and mutual funds, in conjunction with traditional retirement funds.…