by Rupe | Oct 12, 2014 | Money Matters
So, you’ve accumulated what seems like a sufficiently sized nest egg coming into retirement. The next step is to figure out how to get your money out of it.
At first blush, the answer seems simple: Buy income-producing securities–bonds and dividend-paying stocks–and call it a day. When yields are higher, so is your payday; when they’re lower, you have to get by on less. Continue reading
My thoughts: I find Christine Benz’s columns on all things investing and retirement very informative and accessible. Here is one on retirement withdrawal strategy.
by Rupe | Oct 8, 2014 | Money Matters
Thoughts: Excellent article below from USAA on preparing to retire. I don’t necessarily subscribe to tip 1 though. I think that anyone who retires as late as 70 will not have a relaying retire; most die a few years after. Yeah, I get the “we will live until age 90” bit, but that’s pretty much speculating on a future – it’s like saying, “if you get 8% on your portfolio you will become a million year”. I am a little more pragmatic in my approach to life – do keep an eye on the future, but live a little now.
More people are working longer to maintain their standard of living in retirement. Are you prepared?
In the hectic daily grind of maintaining a career, you might feel that planning for your retirement years can wait. The truth is that, without regularly setting aside a portion of your income during your prime earning years, having to work during your golden years to make ends meet could become a harsh reality. Continue reading @ USAA...
by Rupe | Oct 5, 2014 | Money Matters
Q: “At what net worth should I consider getting a money manager?”
A: There is no magic number for when you need help. Similarly, you don’t have to wait for your net worth to hit a certain mark to seek out the services of a pro…MSNM
I go the index funds (Vanguard and USAA) route with a mix of 401ks from former employees and individual stocks that I have purchased over the years. I manage my own portfolio but I am eyeing the Vanguard Personal Advisor Services program that is piloting right now.
by | Jan 4, 2014 | Money Matters, Reflections
My husband was only 36 when we sat in the exam room and received the bad news we already knew was coming. The cancerous tumor in his esophagus had returned, and it would kill him.
“We can buy you a little more time, but that’s the best we can do. I’m sorry,” were the exact words from the oncologist.
If you’re reading this with interest, chances are you or someone you know may be grappling with a terminal diagnosis.
First, I offer you my deepest sympathies. https://mbno.com/rLH/b5g
by | Dec 26, 2013 | Money Matters
Although you may dread doling out large sums of cash for your homeowners policy year after year, you simply can’t afford to go without it. That would be crazy. However, you don’t have to break the bank to carry suitable coverage.
Read more at – Money Talks
by | Oct 17, 2013 | Money Matters
When it comes to car shopping, timing is everything. But the formula for figuring out the perfect time to make the purchase can be complicated.
If you’re shopping for your next new car, keep the following tips and statistics in mind.
Source: USAA
