Economic Update & Key Reminders
Choose Wisely: Selecting Beneficiaries
What’s happening with the markets? This is always a loaded question, and it’s never just one factor. Thus, let’s focus on what we believe are the primary factors, and those are inflation and rising interest rates. As we all know by now, prices for just about everything have skyrocketed – up about 8.6%, on average, Read More →
Retirees’ Retirement Asset Withdrawal Rate: Will Your Money Last?
After setting up a savings or retirement account, applying for an insurance policy or finalizing a trust, you may think the final step – designating beneficiaries for these assets – would be a piece of cake. It seems simple enough, after all—fill in a few blanks with the names of those closest to you, and Read More →
For many years the investment advisory community has proposed that if retirees withdrew their retirement assets at the rate of 4% annually there is a high probability that assets would last to normal life expectancy. The 4% “rule” is not a one-size-fits-all solution, and there are several variables to consider, but it could at least Read More →