One of the most important steps in determining when you should retire is figuring out what you want to do after you retire. Sounds like backward logic right? Most people think of retirement as the time in their life where they don’t have to do anything!...
The Purchase of a Lifetime
Keeping Financially Fit
Year after year, getting healthy is a top New Year’s resolution for Americans, while saving more and spending less typically ranks lower on the list of priorities. While many people may have purchased gym memberships at the start of the year (and are hopefully continuing to use it a month and a half in), we believe strongly that taking steps to improve financial wellness is a goal worth pursuing, and sticking to....
The Sequence of Things
To give you a taste of how future returns can really play with an assumed safe withdrawal rate, here’s a simple graphic to illustrate. In each scenario you have the same time horizon, same average return over that time horizon (10%), and an equal number of years of 10% losses and 30% gains over the time period. The only difference between each scenario is the sequence over which you experience those losses....