Please enjoy this 1-minute video (for those receiving this by email: please click on the blog title line above to view). Many people don’t fully realize how important time is to their savings and investing. If you start early, you can actually save less each month, and come out further ahead, as compared to delaying […]
Annuities … Promises of guarantees and no loss?
What tends to be forgotten, or at least not mentioned or emphasized, is that in order to purchase an annuity for the income desired, a sum of money has to be removed from the portfolio to do that. What is the income cash flow from that sum of money in the first place before such […]
1-minute video: The Dynamic Effect of Saving More
Please enjoy this 1-minute video (for those receiving this by email: please click on the blog title line above). Most people don’t realize that saving for retirement is a moving target. Because you save more, you’re spending less, and thus your retirement target has moved. It has moved making it easier to retire, simply because […]
1-minute video: How Long Will My Retirement Savings Last?
Please enjoy this 1-minute video (for those receiving this by email: please click on the blog title line above). The concepts of “Probability of the Portfolio” and “Probability of the Person” are discussed further in “Just what should an annual checkup do for you during retirement?“ // My 1-minute video series on YouTube. My Knowledge […]
Grandparents and Social Security
The question comes up more often than you might think: People are caring for a grandchild and want to know if they can get Social Security benefits for the child. This is a very different question when it comes from grandparents rather than parents. Parents who have young children can, upon applying for their own […]
1-minute video: When Can I Retire?
Please enjoy this 1-minute video (for those receiving this by email: please click on the blog title line above). Here’s a discussion, for more insight, into the “Retirement Feasibility Timeline.” The effect of making small adjustments is talked about in the video about the “Dynamic Effect of Saving More.” The concept of the “Standard of […]
1-minute video: Retired Standard of Individual Living
Please enjoy this 1-minute video (for those receiving this by email: please click on the blog title line above). The concept of Standard of Individual Living, what I call your SOIL, is discussed and how it is “individual” because your lifestyle is unique only to you. Connecting today’s SOIL to your retirement SOIL, is critical […]
What’s the Difference Between Advisers?
You’ve probably had experiences with different “advisers” without even realizing it (even at your bank). “Adviser” is a broad term ill-defined in the financial services profession. A key part of financial education is to become more aware of what kind of “adviser” are you talking with (not only me, but with any other as well)? […]
1-minute video: The Source of the Cost of Delaying Savings
Please enjoy this 1-minute video (for those receiving this by email: please click on the blog title line above). “Stacking” refers the the fact that each contribution you make, at different times, have different timeframes in which they grow by compounding. Thus, each contribution has different outcomes. This fact is rarely discussed so that people realize […]
1-minute video: About Better Financial Education
Please enjoy this 1-minute video (for those receiving this by email: please click on the blog title line above). More on the flying analogy in the video and how it, and my military flying experience, relates to planning and investing. // Larry’s Bio My 1-minute video series on YouTube. My Knowledge Center video library. How […]