One is the risk of outliving your assets; the other is the risk of losing your purchasing power. How you allocate your assets to manage and mitigate those risks matters. Put too much of your money in one place, and you run the risk of not keeping pace with inflation. Put too much in another place, and you run the risk of running out of money or, as some say, lifestyle.
In over 40 years of business, our firm has never lost any money for our clients, in part because they don't own mutual funds. The following article seeks to simplify the many complexities of mutual fund expenses so investors are able to discover the true costs associated with mutual fund ownership.
It sure is fun to see the positive returns of a bull market. But, if you are cringing at the sight of significant downturns and losses when a big, bad, bear comes into view, perhaps the slow, steady, performance of a fixed indexed annuity should be part of your retirement savings mix.
We're just a month away from the mid-year point, believe it or not. As a half-time refresher of sorts, I wanted to share some information on all things IRA. The following infographic from Max Retire Rules covers the high-points on the four types of IRA - Roth, Traditional, Simple, and SEP
The nice thing about this piece is that in addition to covering the basics of how each IRA functions, there is also updated limit information for 2013. This can come in handy as you contemplate your contributions now or in the future for the 2013 tax year.
According to American Express nearly one out of three adults is attending a wedding this year - so there’s a decent chance you have an answer to our title question.
This is a little off of the beaten path, but interesting none the less. I came across this inforgraphic put together by American Express breaking down all things wedding, from a dollars and cents standpoint.