“Truly invaluable advice, plus a well written and interesting read.” —Margaret
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Here’s the latest from the YouTube channel:
Latest Articles
5 Hidden Fees of Fee-Only Advisors
Fee-only financial advisors are often touted as the most transparent and unbiased option for investment advice. They do not earn commissions and have a fiduciary duty to act in their clients’ best interests. However, even fee-only advisors have hidden costs and conflicts that can chip away at your investment returns over time. 1. The True…
Decoding The “Chance of Success” In Your Retirement Plan
You enter your income, expenses, investments and liabilities into your favorite retirement planner. You click a button, the software does some kind of calculation, and out pops a single number. It may be 87%. Maybe it’s 72%. Or it could be 15%. Whatever the number, you’re told it represents your retirement plan’s “Chance of Success.”…
What Rate of Return Should You Assume for Retirement Planning
Estimating the future returns of your investments is a key part of most retirement plans. It can help us understand our plan’s chance of success, but it can also be the most challenging. In this article, I’ll walk through my approach along with the tools and resources you can use in your own retirement plan….
Tax-Efficient Retirement Withdrawal Strategies to Combat the RMD Tax Tsunami
TL;DR Retirees have up to three types of accounts to draw from in retirement: traditional retirement accounts, Roth retirement accounts, and taxable accounts. Each account type is taxed differently. By choosing which accounts to draw from each year, retirees have the flexibility to manage when they’ll pay taxes and how much they’ll pay. The traditional…
7 Ways to Build an Income Producing Portfolio in Retirement (And Why It’s A Bad Idea)
Many in retirement seek investments with high income. Whether interest, dividends, or both, retirees value the ability to spend income from a portfolio without the need to sell shares of the investment that generates the income. This sentiment was reflected in an email I received from a viewer of my YouTube channel: “How about a…
Series I Savings Bond Rates Now Stand at 5.27% (Updated November 2023)
Series I Savings Bonds rates increased this month. The unadjusted CPI-U rose from 301.836 in March 2023 to 307.789 in September 2023. As a result, the Inflation Rate on I Bonds increased to 3.97% in November 2023. At the same time, the fixed rate jumped from 0.90% to 1.30%. This represents the highest fixed rate…
