Required Minimum Distributions

The best way to prepare for retirement is to save, early and often.  Generally, one should set aside 10% to 15% of one’s income each year.  If the habit takes hold early in one’s career, a very meaningful nest egg should be the result. Saving is easier when there is a tax deduction for it, […]

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Market Signals

Short-term Treasury yields moved higher last week as the 2-year rose 4 basis points to 2.58%. The 10-year rose early but was off late in the week to finish flat 2.83%. Although the 2 year/10-year spread narrowed to 25 basis points, a level not seen since August 2007, renewed concerns about inversion, a signal of […]

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Planning for a Long Life

Not many years ago, the typical retirement age, 65, was viewed as the onset of old age. Today, gerontologists define matters differently: If you’re between the ages of 65 and 74, you are one of the “young-old.” To be considered “old”, you need to be in the 75-to-84 age bracket.  After that, you’re known, demographically, […]

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Stocks Signal Trade Dispute Not War

Tariffs, first announced in March, were levied last week and reporters announced the beginning of a U.S. trade war. U.S. stock indexes, however, shrugged off the noise. The S&P 500 finished the week up 1.52% and cooler heads are talking of a trade dispute, refusing to elevate the latest tariff announcements to the level of […]

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Beware of Financial Fraud, aka “Phishing”

The Financial Industry Regulatory Authority (FINRA), formerly the National Association of Security Dealers, continues to warn investors and consumers about “phishing,” a scam that uses spam e-mail to lure investors into revealing account information, passwords or PINs, or other types of confidential information. Often the e-mails falsely claim to be from service providers that investors […]

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Do I Need a Fiduciary? (Part VI)

Planning does not get easier in the distribution phases of a plan. There is not sufficient room in this brief to cover all of the issues involved. Step #6 points to just a few of the planning issues in a very broad way. The details in a personal financial plan can best be addressed by […]

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