In one of my recent conversations with an employee preparing for retirement, we covered a lot of territory over a number of sessions. In running his retirement projections, he was WAY ahead of the curve. He had his estate plan prepared by an excellent attorney. Continue reading “What Are Your Funds Really Costing You?”
Do you have a written plan in place to guide your investment decisions? If not, how will you know if your investment plan is on track to meet your financial life planning goals? An excellent way to make sure that you follow an investment plan and have a measurement stick in place to track your progress is to setup an investment policy statement. Continue reading “Is Your Investment Portfolio Missing a Key Ingredient?”
Investing for retirement can be an intimidating undertaking. Setting aside money in your 401(k) plan is difficult enough, but determining how to invest it presents its own set of challenges. The good news is that you don’t need to be a seasoned, savvy investor in order to make the right choices. In fact, once you determine your risk tolerance and know what to look for in a fund, picking the right one is largely a process of elimination. Continue reading “6 Tips for Making the Best 401(k) Investment Choices”
Surprisingly, Michael Phelps only placed third in one of last week’s Olympic trials. Will you be just as shocked if your plan’s mutual funds don’t end up rating a gold or silver with Morningstar’s new forward-looking mutual fund ratings? Continue reading “Are Your Plan’s Mutual Funds Olympic Medal Material?”
When a friend of mine recently told me that she had a financial advisor, I asked her how much he was charging her. At first, she didn’t think he was charging her anything. When she realized that he probably wasn’t helping her out of the goodness of his heart, she acknowledged that she had no idea how or what she was paying him and didn’t remember him ever discussing this with her. Continue reading “How Much is Your Financial Advisor Costing You?”
