In this video, we talk about what is happening in the investment world, the impact of the Magnificent 7, the changes made to our bond holdings, the concept of rebalancing expecting a correction in stocks, and whether higher interest rates are good or bad.
Who wants to be a millionaire? Fidelity released their annual study and the number of 401k millionaires increased by 11.5% in 2023. What does it take to get there? We will share some insights from their data and translate that into how it can help you eventually become a 401k millionaire.
As much as financial planners like us want to think that number crunching is the key to creating a successful retirement, it likely has more to do with your mindset than anything else. Today we share three key traits that can lead to better outcomes.
One of the most important elements of any retirement plan is what you spend. As you reach your fifties, one important goal to focus on is paying off your mortgage and other debt before you retire. Let's look at how the average American spends in retirement, and why not having those big debt payments can improve your chances for success.
Personal finance radio personality, Dave Ramsey, ruffled some feathers not long ago with a rant about safe withdrawal rates. His claim: You can rely on an 8% withdrawal rate in retirement. Is this dangerous advice or are nerdy financial advisors like us stealing your hope for retirement?
It is 2024, and that means the next “end of the world moment” for investors is on our doorstep, the General Election. It has already been a hot topic for people from both sides of the political spectrum. Today we try to add some historical context to election years and investment results.
With all of the turmoil throughout 2022, the expectations for 2023 were not overly optimistic. Last year will go down as one remembered for what didn't happen. Join us for the replay.
When asked about his success as a hockey player, Wayne Gretzky is famous for saying, "I skate to where the puck is going, not where it has been." There have been some significant changes in the bond market. Interest rates and bond yields have increased significantly, and this has dictated a change to our approach in how we position the bond allocation of your portfolios.
Join us for a live stream. We will review the investment markets for the first three quarters of the year. We will talk about some big changes in our model portfolios and what concerns us for the remainder of this year and into next.