Our Blog
Costs in fees
The impact of fees on your investment returns
Fees may only be 1 or 2% but that can make a huge difference over time.
If you invest $10,000 at an annual rate of return of 7%, you will have about $150,000 at the end of 40 years.
4% Rule
It’s helpful to know how much money you need to retire or how much income the money you have will provide in income.
The 4% rule it’s an approximation to help with both questions. It states that: If you withdraw 4% of your initial retirement savings per year.
Retirement Software
We are going to look closer at some of the issues around retirement planning. Retirement planning is really about priorities:
• When do you want to retire? • How much would you like to spend in retirement?
SECURE Act – RMD Changes
https://youtu.be/ZW_BQ9ag6VU The SECURE (Setting Every Community Up for Retirement Enhancement) Act of 2019 (the “Act”), which notably modifies Required Minimum Distribution (RMD) rules, went into effect January 1, 2020. Below are the five things that many people need...
Social Security – Double Dip
File and SuspendIf you are at your full retirement age (FRA), you can continue to work and suspend your benefit so your current spouse can collect a spouse’s benefit and you and earn delayed retirement credits (DRCs) which increase your Social Security benefit. The...
4 Things to Consider Before Investing
This is our first podcast answering questions that we receive. The first question I’ll address is: What should I consider before investing? First – make sure they have a prudent reserve. It is recommended that people have liquid assets to...
Ten Investment Pitfalls and Ten Tips to Improve Your Financial Situation
Here are 10 investment mistakes that we frequently see and 10 ways to correct those mistakes and improve your financial situation. Thank you for visiting my blog – Ask a Fee Only Financial Planner. Lack of communication. If you split assets between...
Twenty Largest Companies in the US by Stock Market Capitalization
Technology stocks hold the top three spots on this list of the largest companies in the US (by market capitalization). Market capitalization is the market value of a companies’ outstanding shares (the number of shares times the share price). Here are the top 20:...
Kirk Du Plesis, Options Alpha – Option Trader
Exploring Options Trading with Expert Kirk Duplesis: Episode 17 of the 'Ask a Fee-Only Financial Planner' Podcast Welcome to the 17th episode of the 'Ask a Fee-Only Financial Planner' Podcast, hosted by Bill Holiday from AIO Financial. In this episode, we dive into...
Generation Investment Management
Generation Investment Management has gained some recent attention because of their recently reported above market returns for Socially Responsible Investing and also because their chairman is Al Gore. I called Generation Income and found that their investment...
Social Security Strategies Ending
Many couples will need to adjust their retirement plans because of two big changes affecting Social Security benefits. Because of Congress’ November, 2015 budget deal, two popular claiming strategies are coming to an end. The “file and suspend” and the “restricted...
Probate – Estate Planning
What is Probate? The court process for transferring property that do not have designated beneficiaries. What assets are subject to Probate? All assets that are in the decedent’s name (without a designated beneficiary) at the time of death. The estate needs to go...