Variable annuities are popular in times of market turbulence because of extra fringe benefits like “guaranteed income for life” or “withdrawal benefits.” However, these are the three reasons why those fringe benefits don’t always mean variable annuities are a good investment option for you: High Cost – variable annuities are double or triple the cost of a mutual fund, which … Read More
The #1 Concern of Retiring Before Age 65
Congratulations! You’ve worked hard, planned and saved and now you’re able to do what very few people can: you are able to retire before you turn age 65. If you’re in this group, the single biggest concern you have now is health insurance. Q. What do you do if you’re retiring before age 65 and going on Medicare? Assuming your … Read More
The $35,000 graduation gift we gave our boys
This is the time of year we get calls from clients asking us for ideas on how they can help a family member pay for college. Here’s an even better gift than money…
CNBC Top Advisor list misses the mark
9 out of the top 10 financial advisors on the CNBC “Top 100 Fee-Only Wealth Management Firms” list were really NOT Fee-Only. Here’s the problem with Top Advisor lists…