Watch the video below and play the Income Game! If you have a pen and paper to jot down 5 quick numbers that would be great. But if not, just try and remember your 5 numbers. Let’s play…

Below you will see a year-to-date chart of some of the major market indexes for 2015. As you can see, in most of the asset classes there has been a pretty high amount of volatility – especially since June or so. Here are the asset classes shown: Blue – SPY – the S&P 500 Red – AGG – the Barclay’s Aggregate Bond Index Aqua – EEM – the Emerging Market Index (stocks – India, Brazil, Russia,         … Continue reading

I was thinking about the “right” lead-in to the video below and I found it in a book written by a well-known colleague who is a fellow Certified Financial Planner, Roy Diliberto. Here’s a few verbatim sentences from page 7 in his book, “Basic Truths for Financial Life Planners” about why clients should want their advisor to act as a “fiduciary” vs. the much lower but more prevalent “suitability” standard of care. Here it goes: From page 7: “How does this sound for an elevator speech? I want to help you with your financial goals, but … Continue reading

“Accumulation vs. Distribution” is another part of the “Math vs. Money” concept. One of the most difficult concepts I have to train my own clients to appreciate and fully understand is the fact that rates of return are not just meaningless when it comes to retirement income planning, they are misleading and can even be dangerous as well. You can also watch a short 5 minute video webinar about MATH vs. MONEY on the video page of this website. It Can … Continue reading