Unless you have enough money to live off just the interest of your portfolio, you will need to choose between a systematic withdrawal plan and utilizing retirement buckets to provide your retirement income.

Here is why I prefer the retirement buckets strategy:

We all know investing includes ups and downs. Mostly up… but not always. It’s a natural part of investing. But lately, with the recent run in stocks and concerns rising about a pullback, I have been having more conversations about how to plan for a pullback.

To me, the best approach to volatility is to be bipolar: Fiercely protective over any money you will need in the next couple of years and aggressive with investments that you do not need to draw from for some time.

Throughout my 24-year tenure as an advisor, my preference has leaned towards a Goal-Based investment strategy and plan as opposed to an asset allocation model portfolio, and this inclination is grounded in several reasons.

While Goal-Based investing and Model Portfolios both prove to be valid and successful investment strategies, they distinctly differ in their approaches and intended purposes.

In the complex world of financial planning and investment management, one crucial question often goes unasked: How does your financial advisor get paid? The answer to this question can significantly impact the quality of advice you receive and, ultimately, your financial success. This white paper explores various fee structures for financial advisors, with a particular focus on how flat fee-based advisors provide a superior structure compared to traditional fee-only Assets Under Management (AUM) managers, especially for clients with higher net worth.

As parents, we strive to equip our children with the knowledge and skills they need to navigate the complexities of adulthood successfully. One crucial aspect of financial literacy that often gets overlooked is building credit.

By teaching children and teens about credit from an early age, we can empower them to make wise financial decisions and lay a solid foundation for their financial future. Let’s explore some practical tips on how to get children and teens started on the right path:  

When do annuities make sense in a portfolio? In my opinion, rarely! After over two decades of experience, I personally feel the drawbacks of annuities fail the Fiduciary Standard that clients are entitled to. Here are the 5 reasons I avoid using annuities:

The basis of Asset Allocation was formed in 1952. Numerous advances and complexities have been added to the investing landscape since then while the core concept has largely remained unchanged. While Modern Portfolio Theory (MPT) has been widely influential in investment management, it is not without its limitations and criticisms. Here are some of the downsides associated with MPT:

Robo advisors offer several benefits, such as low fees, automated portfolio management, and simplified investment options. However, there are a few potential downsides associated with using robo advisors. Here are some considerations:

Understanding when and how to claim Social Security benefits isn’t always straightforward, especially if you plan to continue working. While you can start collecting benefits as early as age 62, continuing to work before you reach your full retirement age (FRA) may impact how much you can collect.

Flat fee wealth management is a financial advisory model that charges clients a fixed fee based on the services provided, rather than a percentage of their assets under management (AUM). This approach has gained popularity in recent years due to its simplicity, transparency, and potential cost savings for investors.