โThe 4% Rule,โ 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 plusโฆ
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 thankfullyย more and more Americansโฆ
I took some form of a personality test many years ago and the results showed, among other things, that I am โa questioner.โ๏ฟผThat means that I have to know why and how things work. It used to get me intoโฆ
Most people don’t realize this, but there are both ๐ง๐๐ซ๐๐๐๐ and ๐ง๐๐ซ-๐๐ฅ๐๐ buckets you can use to grow your wealth. Nearly everyone is familiar with the โtaxable bucket.โ If an investment is in a “taxable bucket” then that means thatโฆ
How many times do you lose in a down year when you have โmanaged fundsโ where you pay management fees. ๐ค In a down year your investment portfolio/retirement account loses money. So you lose once just from the market dropping.โฆ
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 thoseโฆ
Infinite Banking vs. Traditional Savings Accounts: There are a few problems saving and spending money with traditional savings or checking accounts that you donโt have with an Infinite Banking policy. INTEREST EARNINGS: When you’re setting thousands of dollars aside inโฆ
“It’s just a 1 or 2% fee. It’s such a smallย 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 aโฆ
When some of the most historically wealthy families like the the Morgans, the Stanleys, the Rothschilds, the Rockefellers, Ray Kroc, J.C. Penny, used the Infinite Banking as a wealth building vehicle, it’s time to pay attention and give it someโฆ
