If you’re nearing retirement or recently entered it, then you’re in what’s called the “Retirement Red Zone®” – a phrase coined by Prudential that designates the five years before and five years after retirement. It’s at this critical point that you’re subject to what is called Sequence Risk, the risk that you would experience lower…
DetailsThe media can get a little excitable at times when market indexes go on a weekly losing streak or have a down month like it did in September. Questions inevitably come up asking if or when a market crash will happen. We won’t take the bait, and we won’t say, especially since prognosticators have been…
Details(Posted September 25, 2014) Given the impressive returns for the S&P 500 since the 2009 bottom (the stock market bottom was March 9, 2009), the question is often asked, “What would your returns be like if you had bought at the peak of the market in 2000?” The S&P 500 peaked on March 24, 2000.…
DetailsThe CFA designation is widely considered the investment profession’s most rigorous credentialing program and has been referred to as a “gold standard” by the Economist and Financial Times, and Business Insider refers to it as “Wall Street’s Hardest Exam” (source). See this video to find out what your investment manager had to go through in…
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Transamerica Center for Retirement Studies just put out their 15th Annual Retirement Survey (see it here). According to this infographic, millennials on average are starting to save for retirement at age 22. 70% are participating in 401(k) plans, socking away 8% of their annual salaries, and 60% expect to retire at age 65 or sooner.…
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