Our stay-put behavior reflects our view that the stock market serves as a relocation center at which money is moved from the active to the patient. -Warren Buffett How much annual income can your retirement portfolio provide? Your retirement lifestyle will depend not only on your assets and … [Read more...]
Portfolio Income, 529s vs Other Options, & Heidi
How Much Annual Income Can Your Retirement Portfolio Provide?
Your retirement lifestyle will depend not only on your assets and investment choices, but also on how quickly you draw down your retirement portfolio. The annual percentage that you take out of your portfolio, whether from returns or the principal itself, is known as your withdrawal rate. Figuring … [Read more...]
More Encouragement in a Bear Market
Through the first three quarters of 2022, the performance of the market has been difficult to watch. The S&P 500 is down over 20%, and bonds* have declined over 11%. We have seen an increase in volatility, and inflation has risen to levels not seen in decades. It feels like it will never … [Read more...]
Encouragement in a Bear Market
Market volatility has been the unfortunate reality most of 2022. As the economy grapples with inflation and higher interest rates, significant drops in equities and bonds this year have been difficult to stomach. Here are a few reminders: You are a long-term, goal-focused, plan-driven … [Read more...]
Social Security at 62, Retirement Plan Options, & Michael Kitces
The best financial plan has nothing to do with what the markets are doing, nothing to do with what your real estate agent is telling you, nothing to do with the hot stock your brother-in-law told you about. It has everything to do with what's most important to you. - Carl Richards Social … [Read more...]