𝐃𝐨𝐞𝐬 𝐭𝐡𝐞 “𝟒% 𝐑𝐮𝐥𝐞” 𝐫𝐞𝐚𝐥𝐥𝐲 𝐰𝐨𝐫𝐤?
“The 4% Rule,” invented by a financial advisor in the mid-90s, states that if a retiree has a retirement portfolio of 50% stocks and 50% bonds then they should be able to withdraw 4% of their portfolio each year plus…
James Rutter
Would you pay for gas that made your car drive backwards?
If you had a choice between your car always moving toward your destination without having to pay for any gas or you could pay for gas that would sometimes make your car drive faster, but would also make it drive backwards sometimes,…
This Real Life Story Will Make You Rethink Everything
A few months back, a colleague of mine shared a story of a late night phone call he received from his friend and client Steve. He thought it was odd that he was calling him so late at night. So…
Where Is Your Retirement Money The Safest
It’s no secret that there’s a lot of fear and uncertainty in the stock market these days. Unfortunately, most Americans’ retirement savings are exposed to the market’s volatility in addition to being charged management fees, but thankfully more and more Americans…
Question Everything
I took some form of a personality test many years ago and the results showed, among other things, that I am “a questioner.“That means that I have to know why and how things work. It used to get me into…
Taxable vs. Tax-Free Buckets
Most people don’t realize this, but there are both 𝗧𝗔𝗫𝗔𝗕𝗟𝗘 and 𝗧𝗔𝗫-𝗙𝗥𝗘𝗘 buckets you can use to grow your wealth. Nearly everyone is familiar with the “taxable bucket.” If an investment is in a “taxable bucket” then that means that…
How Many Times Do You Lose When The Market Drops?
How many times do you lose in a down year when you have “managed funds” where you pay management fees. 🤔 In a down year your investment portfolio/retirement account loses money. So you lose once just from the market dropping.…
Is A 529 Plan The Best Way to Save For College?
AN ALTERNATIVE WAY TO SAVE FOR COLLEGE: Many years ago when my wife and I were looking to setup some college funding accounts for our children, we went to our CFP and were given a couple options. One of those…
Fees, The Silent Killer
“It’s just a 1 or 2% fee. It’s such a small amount.” That’s what most people are told and believe, but they don’t understand the effect of compounding negative returns and how it will affect your retirement. The truth is a…
