No matter how you feel about an impending recession and other issues, you may be thinking twice about your investments. Should you try to shift your portfolio to higher ground, until the coast seems clear? Might these stressful times justify a measure of market-timing?
Most people want to maintain their current standard of living after they retire. That’s why they are saving and investing; to support their future spending. This video shows how focusing on how much wealth to accumulate, you should think about how much income your portfolio can support.
Our personal story highlights the value of working with an independent agent - not from any one product provider – so we could find the best insurance solutions. Being beholden to one company is not always in your best interest.
If you’re a high-earning professional, there can be complicated gaps lurking in your policies’ fine print, exposing you to dangerous risks. Successful families are well-advised to ensure that the excess liability coverage they think they’ve got is actually optimized for their unique needs.
Understanding how income and wealth impact happiness plays an important role in retirement planning. It helps determine both your need to save and how much risk you need to take (how much you need to allocate to risky assets).
Love the recognition that my friend, colleague and mentor Larry Swedroe received this month in Investment Advisor magazine. He truly is a warrior for spreading the necessary and good word of how investors can overcome the stresses of Wall Street’s improprieties and challenges.