Certain Uncertainties in Retirement

Certain Uncertainties in Retirement

The uncertainties we face in retirement can erode our sense of confidence, potentially undermining our outlook during those years.

Indeed, according to the 2013 Retirement Confidence Survey by the Employee Benefits Research Institute, only 18% of retirees say they are “very confident” about having enough assets to live comfortably in retirement. Almost 40% were either “not too confident” or “not at all confident.”

Today’s retirees face two overarching uncertainties. While each on their own can lead even the best-laid strategies to go awry, it’s important to remember that remaining flexible and responsive to changes in the landscape may help you meet the challenges of uncertainty in the years ahead.

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Why Does the Stock Market Drop When the Fed Raises Rates?

Why Does the Stock Market Drop When the Fed Raises Rates?

There's a great deal of conversation happening now about the Federal Reserve's intention to raise interest rates. If you've heard about these announcements or even all of the speculation leading up to them, you may be wondering what it means to you. It's perfectly fine to be concerned about these changes especially if you notice the value of your portfolio changing in the short term. But, it also helps to understand the connection between the Federal Reserve and the stock market? How does one relate to the other?

What You Need to Know About the Fed

The Federal Reserve is the big bank in the U.S. The decisions this bank makes impact a great deal of financial matters within the country. In fact, the Fed's job is to help keep the country on a path towards financial stability. There are plenty of politicians that will tell you how corrupt it is. There are others that will tell you it is not. The bottom line is, the Fed's decisions will impact what happens to your portfolio because they directly impact the stock market's investors.

The stock market is not directly impacted by the Fed.

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Eight Mistakes That Can Upend Your Retirement

Eight Mistakes That Can Upend Your Retirement

Pursuing your retirement dreams is challenging enough without making some common, and very avoidable, mistakes.

Here are eight big mistakes to steer clear of, if possible.

No Strategy: Yes, the biggest mistake is having no strategy at all. Without a strategy, you may have no goals, leaving you no way of knowing how you’ll get there – you if you’ve even arrived. Creating a strategy may increase your potential for success, both before and after retirement...

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