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prepare for a deeper downturn

Should you prepare for a deeper downturn?

The current bull market is 9 years old.  That’s the second longest on record and it has people wondering how much further it can go.  That question has taken on added urgency given the recent volatility, rising interest rates and political uncertainty.  Markets lost ground in February (the first losing month in over a year) […]

debt puts retirement at risk

Global debt is staggering. Why that could be bad news for your retirement.

The amount of debt in the world is staggering. Auto loans recently passed $1 trillion for the first time and the average car loan is the highest it’s ever been, recently surpassing $30,000. Student debt stands at about $1.4 trillion. Mortgage debt is about $14 trillion. More than 30% of households carry a balance on […]

biggest retirement expense

Your biggest retirement expense (and how to get rid of it)

Let’s take a poll.  What do you think will be your biggest retirement expense?  Travel?  Healthcare?  Plaid pants?  Mai Tais? Actually, according to a recent report by the Employee Benefit Research Institute (EBRI), you’ll likely spend the most (40-45% of your budget!) on housing.  That’s right.  The Casa. Good old home sweet home.  Nearly half […]

Two surefire ways to retire sooner

“When can I retire?”  I get that question a lot.  If you’re curious about the answer, look no further than your retirement budget.  The more money you want to spend during retirement, the more you’ll need to save before you get there and the longer you’ll likely need to work.  It stands to reason then, […]

retirement quiz

Financial Checkup Checklist

Just like it’s a good idea to get a health checkup every year, it’s a good idea to get a financial checkup as well.  Doing so can help you detect problems early (while they’re still treatable) and will also help you gauge your progress and make sure you’re on track for a healthy retirement. To […]