What Do Low Interest Rates Mean for Stock Returns?
Interest rates are one of the key tools that the Federal Reserve has to manage the economy. Changing how much it costs to borrow money can slow down an economy or give a the economy a nudge.
Changing Risks in Retirement, Part Three: Spending, Inflation, and Cognitive Decline
This article is part of a series; click here to read Part 1. Spending shocks Unexpected expenses in retirement come in many forms, including: unforeseen need to help family members divorce changes in tax laws or other public policy changing housing needs home repairs rising health care and prescription costs long-term care Retirees must preserve […]
Changing Risks in Retirement
It is important to understand from the very outset how changing risks are primarily what separate retirement income planning from traditional wealth management. Retirees have less capacity for risk, as they become more vulnerable to a reduced standard of living when risks manifest. Those entering retirement are crossing the threshold into an entirely foreign way […]
Women and Financial Planning
“Think equal, build smart, innovate for change”. It is a time to applaud the progress of women’s achievements around the world. However, even with incredible progress, women face unique circumstances when approaching retirement.
Finding the Right Balance Between Inflation Risk and Investment Risk
When we talk about retirement risks, people often tend to fixate on their investments. Yes, investment risk is important, but it’s only a piece of the puzzle. The primary risk to your retirement is not having enough money to do what you want. Like I said, investment risk certainly plays into this, but you need […]
Risk and Retirement Finances
In my last blog post, I described a recent article by Paula Hogan and Rick Miller about different approaches to financial planning. I’d to come back to an issue from that article related to risk management for retirement finances. They make a clear distinction between two risk concepts: Risk tolerance: comfort in dealing with portfolio […]
