The 4% Withdrawal Rule: 
An Outdated Retirement Strategy?

Many retirees wonder how much they can withdraw from their retirement portfolios each year, while still having a strong asset base. A common guideline has been 4%, known as the “4% Withdrawal Rule.” In recent years, this strategy has sparked major discussions among academics and professionals as to whether or not it’s still a viable guide for today’s retirees. Before…

Female Investors: Take Hold of Your Financial Security

Are female investors all that different from their male counterparts? When it comes to setting goals and making decisions, the differences might not be obvious. A recent study showed the top three financial goals for both women and men were a comfortable retirement, maintaining their current lifestyle and covering healthcare costs. It also showed a high majority of both women…

The Money Balancing Act

Uncertainty and risk tolerance. This concept of just what a person can “stomach” is huge when it comes to properly allocating how your hard earned assets are to be positioned. Most of our clients, and the public in general, as they move into retirement, aren’t keen on losing money. So, for these folks, it’s important to control volatility.

The DOL’s Fiduciary Rule: Bad for the Small Guy?

Backdoor payments, hidden fees, loopholes in the rules…these were the conflicts of interest buried in fine print that advisors who were not acting as fiduciaries used to chisel away about a quarter of their clients’ retirement savings. When the Department of Labor issued their fiduciary rule, the theme was clear: when advising clients on retirement, advisors would legally be considered…

Dementia & Finances

The World Health Organization notes that an estimated 47.5 million people currently live with dementia, a syndrome that affects memory, thinking, behavior and ability to perform everyday activities. It can severely impact the ability to make financial decisions, and finding ways to help those with dementia manage their finances is critical to their health and well-being. These 5 tips can…

To Tax Today or Tax Tomorrow, That is the Question!

It is very interesting how often plumbers have leaky pipes and the insurance agent has no life insurance. People get busy in their professional lives and keep putting off what they can do for themselves today, in order to do for others they serve. This phenomenon combined with the fact that people are ultimately private and do not want any…

Overcoming Four Major Financial Mistakes Physicians Make

As a physician, you spend countless hours working so that others can enjoy a healthy and fulfilling life, leaving you with fewer hours to spend on yourself and your finances. With your focus on your profession, you may fall victim to making financial mistakes that can add up over the long run. Here are four financial mistakes physicians make and…