Compensation Drives (Bad) Behavior-The Fiduciary Rule
While the clear majority of financial advisers are honest and moral individuals, it appears we are set to protect those who are not. The fiduciary rule was set to establish standards that put a client’s retirement interests above those advising them. Keeping the status quo supports a mantle of credibility where none is deserved. My […]
My Retirement Rehab Weekly Round-up
Welcome to the round-up! Below are the posts we read, found interesting and loved this week for a variety of reasons. They are inspiring and thought-provoking and we’d like to share them with you. OUT OF YOUR RUT Our Health Insurance Premium was Over $21,000 Last Year This is a very informative article that analyzes not […]
3 Keys to Achieving Financial Freedom
Financial freedom has become like the holy grail. According to Employee Benefit Research Institute, only 21% of workers are very confident they’ll have enough money for retirement. Achieving financial freedom is a big issue for all demographics, but especially if you’re 50+ and running out of time. As a financial advisor, here’s what I think the […]
My Retirement Rehab-Weekly Retirement Round-Up
Welcome to the Round-up! Below are the posts we read and loved this week for a variety of reasons. We think you’ll like them too. Whatever happened to Wall Street’s Old, Unwanted Salesman? “In the new Wall Street, there are simply fewer jobs. Post-crisis rules to curb risk-taking and shrinking bond-trading revenues […]
How to Find the Best Financial Advisor
A financial advisor is someone who offers professional advice on how best to save, invest, and grow your money. The best financial advisors aren’t stockbrokers or accountants, but they are specialists who can help you build a financial safety net, if you find the right one. Do you Need a Financial Advisor? It is possible […]
How to Cope With the Robots Replacing Your Job
According to Pew research, the majority of human jobs could be automated by 2065. The process has begun, and many jobs are at risk today. This isn’t just a possibility –it’s something that should worry people. The robots can replace your job and destroy your retirement planning, especially if you’re already late career. Millennials have time […]
Why Your Retirement Is A Myth
The retirement planning pundits have finally thrown in the towel. The new leading piece of wisdom to come from this crowd is to work longer before retiring. Recall that other gems have been: Start saving in your 20’s Max out your 401K contributions Take some risk but not too much investing (?!) Now we are […]