We know a few people retiring this year. Each new cohort of retirees faces its own set of challenges. This week we highlight a few issues for this year’s retirees to consider. You will be retiring into a sluggish economic recovery. While the economy is improving, the rate of improvement is much lower than expected.
A couple of news stories last week reminded me that there are some risks in life and in investing you can’t adequately plan for. Seemingly rare events have big consequences –both positive and negative—and are a key to understanding financial markets and history itself. This is the basic thesis of a book published several years
The U.S. equity bull market is in its seventh year. Many investors’ bad memories from 2008 or 2000 have faded. Some investors are feeling left behind. This week we examine the power of investor regret and why going “all in” now may not be a good idea. Pay attention to the emotion of regret. Investors
Am I on track? That question is posed to us quite often by individuals making general inquiries. Underlying issues usually are “Do I have enough to retire comfortably?” or “Do I risk running out of money?” This week’s blog addresses aspects of these underlying questions. In general, two main approaches are used in retirement planning
The Napa earthquake reminded us this week of our restless earth, about the unpredictability of external shocks to the market, and how we don’t need to be lulled to sleep when volatility is relatively low. Three Investing Lessons from the Napa Earthquake. Stocks and other risky assets have been doing particularly well the last few