Annual Returns Tell Investors Very Little

Below is a synopsis of this investment report: Using a single year to measure investment returns is practically useless to investors, money managers, and everyone else in the investment industry. Investors must accept down years from time to time, just as they already accept down mont
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Six Tips To Tell Your Grandchildren About Retirement Planning

Below is a synopsis of this investment report: Retirement planning has become far more complicated for the younger generation versus when current retirees first got started. Follow my “Six Simple Rules for Retirement” that all Millennials should follow from the day they begin their ca
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Know Your Number

When saving for retirement, how critical is it to know your number? Fidelity, ING and many other Wall Street based financial institutions stress knowing your number. But is that the right way to go about planning for retirement? In a recent Harvard Business Review article, Nobel Prize
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What Does a Floating BMW Have To Do With Retirement Planning?

A few weeks ago, on a Wednesday, we had a terrible storm that dumped over 5 inches of rain in the Philadelphia area.  During that storm, I was driving through Pennsauken on route 130 South in my new BMW, on my way to downtown Philadelphia. At a dip in the road, there was some water ac
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Having A Retirement Account Doesn’t Mean You Have A Retirement Plan!

I recently read that we make, on average, 612 decisions every day.  Everything from what color tie or pair of shoes to wear to who should we marry, should I buy my first house or how should I save for retirement. Obviously, some decisions are more important than others.  Some decision
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Retirement Planning and Social Security

It is no secret that the social security trust fund is spending more than it is collecting.  While there is no immediate crisis, it is important that investment advisors and financial planners consider the possible impact that this will have on your retirement now and in the future. A
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5 Retirement Income Issues

Planning your retirement income is a very difficult and challenging task. You can’t afford to mess it up. You need to do it right the first time. Here are five factors to keep in mind when creating your retirement income plan. Each can endanger your finances during your retireme
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