Blog
5% Retirement Spending is Too Much!
HOW MUCH CAN I SPEND IN RETIREMENT? This question is one of the most common questions people ask me when working on their retirement plan. I have often had people tell me that they were planning to spend 5% of their portfolio during retirement. For some reason, many...
Common Estate Planning Mistakes
Over the last 25 years I have met with 300+ wealthy families to discuss their financial planning, investments and estate planning concerns. In my experience, 80% of the time, there are issues with an estate plan. Generally, the issues have nothing to do with...
The Three Worst Retirement Planning Mistakes
1.) SELLING YOUR PORTFOLIO AT THE BOTTOM OF A BEAR MARKET Over the last 25 years I have seen many, too many, retirement planning mistakes. One of the most serious retirement planning mistakes that you can make is to try to time the market and sell your portfolio at...
Investor Returns vs Unrealized Gain/(Loss) Cost Basis Reporting
Why am I losing money? In my role as an investment adviser, I have the distinct privilege of providing advice to clients who have achieved great success in their respective careers and businesses. Many have degrees from the top universities of the world. ...
4% Rule – Three Important Questions Before You Use It
The inflation adjusted 4% rule is a common retirement spending strategy. To follow the rule, you spend 4% of your portfolio in your first year of retirement and then increase your spending every year thereafter by 3% to account for inflation. To see if...
Does Your Fee-Based Financial Advisor Have Conflicts of Interest?
HOW DO CONFLICTS OF INTEREST ARISE WITH FEE-BASED FINANCIAL ADVISORS? Approximately 90% of financial advisors are dual registrants which means they are both financial advisors and stockbrokers. Dual registrant financial advisors often market themselves as “fee-based."...