Retirees hate to spend money in retirement.  It’s not a big revelation as we are told for two decades during our childhoods and then are taught for decades working to only spend what you make and save the rest.   

Dipping into savings is inculcated into us, almost from birth, as a bad thing.  This ...

Real risk is simple—not enough cash when money is really needed—like running out of gas in the desert.  

- Charles Ellis  

We face countless risks in our everyday lives that we’ve learned, from a very young age, to manage.  Managing those day-to-day risks may seem like second nature to most by ...

Why is speculation a game you cannot win? 

Near my house there’s a mountain called Lone Peak with a trail called Jacobs ladder that goes nearly straight up. The cool thing about it is the end is always in sight. Just 6 miles ahead and about 4,000 feet up. 

Upon nearing the top, you can see the exc...

As we approach the upcoming presidential election, I want to address any concerns you may have about its potential impact on your investments. 

I’ve received several emails asking what we are doing ahead of the November 5^th election.  The answer is simple:  NOTHING!

There is a general rule of thum...

Financial advising is in need of a good shift in thinking. Most advisors still operate like it’s the late 20^th century, baby sitting assets, and for retirement income, selling some of those assets each month to cover the clients’ monthly expenses.

One of the things we need to help our clients get b...

Looking back at 2023, one thing we can reflect on is the winding road we navigated along the way. The last several years we’ve had alternating results and abnormal returns. In 2020, the S&P fell more than 33% before recovering before year’s end to finish up 18%. In 2021, the market was up 29%. In 20...

 “We’re aware of the risk that we would hang on too long. We’re very focused on not making that mistake.”

- Jerome Powell, Fed Chairman

Less than two months ago, I wrote to clients that the pivot was coming over the next year. Little did I know it was coming in a couple of weeks as the market q...

During the time I was writing this, I was interviewed for a podcast in which I discussed this very topic. To listen, click here.

For most of the last two decades, bond mutual funds were an easy and convenient way to purchase bonds. However, as rates fall, you are getting diluted by new money flowin...