Creating a Retirement Withdrawal Plan For Any Situation
Jon Guyton is a well-known retirement columnist based in Minneapolis and an expert panelist on retirement for the Wall Street Journal. And it’s Guyton who introduced the concept of a…
How to Endure a Down Market
According to an analysis of the S&P 500 by CNBC, since World War II we’ve seen twenty-five market corrections. A correction is defined as a drop of 10 percent or…
Consider Picking An ETF To Save On Portfolio Taxes
An index is simply a list of companies like the Dow Jones or S&P 500. An index fund is a product that tracks that list. It can take the form…
Stop Uncle Sam From Biting Into Your Large Traditional IRA
Spreading out your lifetime tax bill, by taking small and voluntary tax hits earlier, can be more efficient than waiting and taking big, mandatory tax hits later. Why is this…
How to Quickly Cut Your Portfolio Taxes – Part 2
Withdrawal Order I have another client named John, a retired Boeing engineer in his mid-sixties who also lives in California. He also has a brokerage account and an IRA. He…
How To Quickly Cut Your Portfolio Taxes
Asset Location Dr. Henry, a successful plastic surgeon in Newport Beach, California, came to me seeking help with his financial planning and his portfolio. Like many investors, he had an…
All I Want To Know Is Where I’m Going To Die, So I’ll Never Go There
When I spoke with Chuck Schwab that day in his office, our conversation turned to active versus passive management. “You and I both know that 99 percent of investors should…
You May Be Paying Twice What You Thought In Fees – Here’s How to Find Out for Yourself
Active mutual funds (funds that try to outperform the market) typically charge a fee 1 percent per year. I’ve found many clients paying the standard 1 percent to their manager…
Evaluating Your Account Performance And Your Advisor
I’ve found that when clients ask their stock-picking advisor about their performance lagging the S&P 500, the answer they often get is that they aren’t fully invested in the stock…
Backtesting The Income on Demand Strategy
We can’t see what the future will bring—but we can learn from the past. One of my favorite websites is www.portfoliovisualizer. com. It provides a back-testing tool that lets you…