We have a lot of clients who work for municipalities. These folks often have the ability to “retire” at massively different ages than other folks. And that’s great for them. But it’s forced us to use different “language” when talking with clients. A client (we will call Joe) is “retiring” this year at age 66.… [Read More] “Retire” versus “Drawing Down Assets”
Retirees face several risks when planning for retirement. Some of the biggest risks retirees face are market risk (assets will decrease in value), inflation or purchasing power risk ($1 today might not get you the same amount of goods 10 years from now), business risk and interest rate risk. These all pose serious problems for… [Read More] Planning for Retirement, Better to be Safe Than Sorry
Do I Have Enough Saved For Retirement? As investment advisors, some variation of the question “will I have enough money to retire?” is almost always asked to us in meetings with clients. Rightfully so because it is a VERY important question. People work their entire lives towards retirement, and the last thing they would want… [Read More] Do I Have Enough Saved For Retirement?