What is a Fee-Only Advisor?
The National Association of Personal Financial Advisors (NAPFA) defines a Fee-Only planner as one who, in all circumstances, is compensated solely by the client, with neither the advisor nor any related party receiving compensation that is contingent on the
purchase or sale of a financial product. A Fee Only Advisor may not receive commissions, rebates, finder's fees, bonuses or any form of compensation from others as a result of a client's implementation of the individual's planning recommendations.
The Complexities of Tax-Planning in Retirement
If you are like most people when you hear the phrase "tax planning," you immediately think it is for high net worth people with complicated finances and not important for you. However, tax planning is an important part of retirement planning, and retirement
can create both tax complexity and opportunity.
10 Brilliant Ideas for Retirement Planning
1. Consider delaying social security – while not always the best answer (we can help determine when it's not), delaying social security is provides a low-cost, guaranteed return that can't be matched by annuity products.
5 Myths of Retirement Planning
There are several common myths that often prevent retirees from maximizing their retirement savings and income ultimately negatively influencing their peace of mind. We'll jump right into these important insights.
Cost-Control: An Investor's Greatest Investment
In the mid-1800s, in a collection of essays entitled “Conduct of Life,” Ralph Waldo Emerson observed, “Money often costs too much.” More than 150 years later, his words remain well worth heeding, as we focus on one of the most effective ways to enhance your
wealth: aggressively eliminating unnecessary investment costs.
4 Rules to Making Sense of Fixed Income
Anyone who is keeping even a casual eye on financial headlines is aware that fixed income returns are a bit topsy-turvy these days. With bond prices reacting negatively to uncertain economic news, investments that are supposed to be our reliable safety net
and income stream during troubled times are experiencing uncertain times themselves. Many investors are abandoning their existing plans (or had none to begin with), and are selling off their bond funds. To cite a June 28 column in
The New York Times, “Taking a Cue From Bernanke a Little Too Far,” the month’s outflows neared $77 billion, handily exceeding the last high-water mark of nearly $42 billion bond-fund outflows in October 2008.