2021 Financial Check-Up pt. Deux
2021 Financial Check-Up
How long will your retirement savings last?
The average American will live to see their 78th birthday and 30% of us will live to see 90! When planning for retirement we have to assume we will be living off savings for 25-30 years! This can be an overwhelming…
Retirement savings and time
There are so many unknowns when it comes to saving for retirement. Will social security still be around? Probably. How much will I need to live on? More than you think. How much will my investments earn? Not as much…
Why Are Otherwise Smart Vets Turning Down Free Money?
Its crazy. I have a friend who works in a small multi-doctor practice in Pheonix. Their clinic offers a SIMPLE IRA for employees. When you hear “Simple IRAs” (Savings Incentive Match Plan for Employees of Small Employers) think “401K for…
The #1 predictor of investment performance is expense!
Those of us who plan on enjoying our “golden years” will save money for retirement. The majority will use mutual funds as our go-to investment. While people spend a lot of time looking at the return one mutual fund has…
F.I.R.E. dangerous to your health?
So if you follow my blog, you know that I’m not a big fan of F.I.R.E. (Financial Independence and Retire Early). For those unfamiliar with the topic, followers of the F.I.R.E. principals live very frugal lives using the money they save…
Financial Advisors – Who Can We Trust
It’s not easy knowing who a veterinarian can trust for financial advice. If you aren’t leery of the people who try to give you financial advice, you haven’t seen The Wolf of Wall Street. Think that was an exaggeration? Maybe…
Why Market Downturns Are Our Friend!
A young colleague of mine was shocked when she looked at her most recent 401K investment returns. You see, her relatively short experience with investing has been contained entirely during the longest bull market in modern history. For someone who’s entire experience…
Robo-Investing
A Modern Twist On Paying Yourself 1st! We all do it. I can remember as a child being warned by my mother about the dangers of it, so it’s nothing new. Advertisers and marketers are counting on it. Amazon built…
There’s a F.I.R.E. – I Just Don’t Feel The Warmth…..
There’s a “movement” afoot and its called Financial Independence and Retire Early or F.I.R.E. To oversimplify, the followers of F.I.R.E. live relatively frugal lives using the money they save to pay down debt and invest. The goal? To have enough passive income that…
