When our parents retired, living to 75 amounted to a nice long life, and Social Security was often supplemented by a pension.  The Social Security Administration estimates that today’s average 65-year-old woman will live to age 86 1/2.  Given these projections, it appears that a retirement of 20 years or longer might be in your […]

Families with special needs children have a new tax-deferred savings option.  The ABLE account, also called a 529A savings account, is patterned after the popular 529 savings plan, created to help parents save for a child’s higher education. Click here to read the full article.

If you have a child with special needs, a trust may be a financial priority.  There are many crucial goods and services that Medicaid and Supplemental Security Income might not pay for, and a special needs trust may be used to address those financial challenges.  Most importantly, a special needs trust may help provide for […]

Much is out there about the classic financial mistakes that plaque startups, family businesses, corporations, and charities.  Aside from these blunders, some classic financial missteps plague retirees. Calling them “mistakes” may be a bit harsh, as not all of them represent errors in judgement. Yet, whether they result from ignorance or fate, we need to […]

The track record of Individual investors is grim. This topic comes up every year when DALBAR releases a study1 tracking investor behavior over the past two decades, which included the dot.com bubble, the Great Recession, and the recent return to bullish markets. However, that depth of hindsight is not creating a 20/20 of wise investments. […]

What is a Relationship With a Financial Advisor Worth to an Investor? A 2019 study by Vanguard, one of the world’s largest money managers, attempts to answer that question. Vanguard’s whitepaper concludes that when an investor worked with an advisor and received professional investment advice, they saw a net portfolio return about 3% higher over […]