Opportunity Costs and Retirement Decisions
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Regular readers know that I sometimes reflect on an interaction I’ve had with an individual or couple in the context of financial counseling/coaching and the broader implications of the subject…
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Should You Ditch Bonds for Money Market Funds?
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A family friend recently asked me to look at her retirement investment portfolio. It’s advisor-managed and has an allocation one-third S&P 500-indexed annuity, one-third stock and bond ETFs, and one-third…
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Include Financial Simplicity in Your Retirement Plan
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The older I get, the more critical simplification becomes to my wife and me, especially with our finances. You don’t need me to tell you that we live in a…
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I’m Not as Reluctant Toward Annuities, But I’m Still Not Sure I Need One
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In the previous article, I alluded to my “safe withdrawal rate” (SWR) portfolio strategy, which I described as “strategic growth and income.” I also discussed the impact of inflation on…
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Why Am I Reluctant to Purchase a Lifetime Income Annuity?
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Many financial planners, advisors, and especially retirees are wary of annuities. They cite cost, complexity, loss of liquidity, under-performance, and other factors as their primary concerns. In many cases, their…
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Could I Have Done a Better Job of Tax Planning Before I Retired?
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It’s that time of year again: income tax time. And I can’t be sure, but I think many retirees are generally more concerned about taxes in retirement than when working.…
