Archive | Saving

Field of Dreams

Assets and Aspirations

Our brokerage account custodian, T.D. Ameritrade, has an excellent slogan for their advisor industry advertisements: “You manage more than assets, you manage aspirations”. That aligns well with our philosophy. We have always resisted being called “investment managers”, because investments are but a tool to accomplish goals or aspirations. Everyone has distinct and unique goals.   […]

Continue Reading 0
file7001246481267

Avoiding Mistakes with Your Largest Assets – Part 1

For many individuals, their house and retirement plan represent their largest assets (aside from human capital, the ability to produce income). Financial mistakes, particularly mistakes later in your working life, can have long lasting impacts on lifestyle choices. The philosophy and approach towards managing these assets can make all the difference. In this article, we […]

Continue Reading 0
Look Forward

Cure the Disease or Treat the Symptoms? – Part 2

In Part 1, we discussed the ingredients needed to “cure the disease” – the malady of not having enough financial resources to maintain your lifestyle (including living cost increases) – throughout retirement. With time, savings and discipline it is often possible to get back on track. Sometimes, however, there isn’t enough time and the gap […]

Continue Reading 0
OLYMPUS DIGITAL CAMERA

Cure the Disease or Treat the Symptoms? – Part 1

There are many similarities between physical and financial health. As financial advisors, we often are confronted with the same dilemma that physicians face; cure the disease or treat the symptoms? In Part 1, we will look at curing the disease and in part 2 we will discuss treating the symptoms. In a perfect world, we […]

Continue Reading 0
http://www.dreamstime.com/stock-photography-couple-talking-financial-advisor-image18914932

Financial Freedom

Financial goals are as different as the people behind them. Regardless of the specifics, for most individuals, a sense of financial freedom is what the goals represent. At the time we celebrate our national independence, it is fitting that we consider the liberating nature of financial independence. Both varieties of independence require diligence to attain, […]

Continue Reading 0
Comfort Zone

What’s Comfort Costing You?

“Close your Eyes and Ignore Everything.”  – John Bogle, Vanguard Founder (Speaking to an interviewer about recent market volatility)   In a quest to avoid “risky investments”, over the past few years, many investors have flocked to what they perceive are “safe investments”. In the end, they have likely increased the chances of outliving their resources. Not […]

Continue Reading 0
Buckets

Buckets are Better

For all the gyrations over complicated financial strategies and products, one of the best methods to accomplish goals is through the use of “buckets”. That is, organizing savings into tax-deferred (retirement plan accounts) and taxable (dollars invested after taxes) accounts in order to increase long-term flexibility. Sometimes this may mean opting to “personalize“ rather than […]

Continue Reading 0
Hosted by Zee Creative, Inc.