Let’s compare the similarities of two very different days of one’s life: Day one of your first ‘real’ job, and the first day of retirement. Not only are these two days similar, they both require significant preparation if one is to achieve success throughout each journey. On the first day at work, people are generally […]
Two Exciting and Scary Days Read More »
Last month, California’s largest public pensions system, CalPERS, lowered its forecast of expected annual investment returns to 6.5%. Prior to this decision, the expected annual return was 7.5%. This was a major decision affecting the future of our largest state pension system. Here are a couple more relevent facts regarding CalPERS: it currently has $291.4
You’re Not Saving Enough Read More »
This morning, I read (and watched) an NBC News Report titled: “The Great 401(k) Experiment Has Failed for Many Americans.” The report goes on to state that the median 401(k) retirement account balance of working Americans is $18,433. That’s it! For some of you, that’s just 2-months of family living expenses…and then you’re out! While
Putting Your Interests First!! Read More »
How well do you really understand risk? As a financial planner helping clients to invest their life savings appropriately, I know a thing or two about risk. What I have found over the years is that people generally cannot measure, assess, and/or address risk in a manner that makes logical sense. I imagine that if
Dangerous Comfort Zone Read More »
