Some important facts to put losses in the stock market into perspective. The average drawdown (loss) from peak-to-trough in a given year in the U.S. stock market going back to 1928 is: -16.3%. And you can see from the image below, about two-thirds of the time there has been a double-digit correction (-10 to -20%) at some point during the calendar year:   These averages are skewed a little higher because of all of the crashes throughout the 1930s, but … Continue reading

I am certainly not trying to scare anyone here, but only add some sanity to the conversation. Over and over again, in my discussion with folks interested in my financial services and planning as well as some long-time clients, they clearly have forgotten 2000, 2001, 2002, and 2008. And the lightning-quick market rebound in March 2020 from the COVID virus, many don’t seem to believe that markets won’t go down – at least not for a year or longer. So … Continue reading

I’m very excited to announce that my 5th book has just been published on amazon. In 2021 and beyond, retirees will need better income withdrawal and Required Minimum Distribution (RMD) strategies to survive a 25-30+ retirement. Why? The Problems: The traditional 60/40 portfolio (60% stocks and 40% bonds) and the “4% Rule” can no longer be counted on for not outliving your money in retirement. You will learn precisely why the author and so many others believe this as you … Continue reading

No place to put your money is perfect. Every single type of investment has pros and cons.  Most of you know that I am a big fan  (where appropriate) of Index Universal Life (IULs) policies. I personally own 5 and Norma owns 2 policies. So do my daughter and brother. I wrote a whole book about them: “Tax-Free Millionaire” which is available on amazon in paperback and KINDLE. You don’t have to like life insurance. You only have to like … Continue reading