When reevaluating your tolerance for risk, now or in the future, it’s worthwhile to look through the lens of “regret minimization” as much as you’re looking through the lens of potential “return maximization.” Learn how. By Doug Buchan “Maximizing returns” is a phrase that you’ll hear bandied about ad nauseam on both Wall Street and…
Sure, having enough money is an important part of the retirement equation, but there’s much more to consider as well. Wealth Advisor Connie Brezik tackles four questions to ask and answer before you take this step. By Connie Brezik, CPA/PFS, CFP® Anyone considering retirement, or who has retired in the recent past, understands that there…
The risk of becoming more vulnerable to financial abuse as we get older can pose a significant threat to our retirement security. Larry Swedroe explores research into the scope of the problem, and then offers some steps to help guard against it. The World Health Organization reports that by 2050, 2 billion people (22% of…
When stock markets drop, it can be tough to see past the pain and recall that your investment plan incorporates such risks. To help you take the long-term view, Chief Investment Officer Jared Kizer puts October’s market moves into perspective. When the stock market drops, it can be tough to see past the immediate pain….
The decisions we make surrounding family wealth and lifestyle planning can oftentimes be uncomfortable. Wealth advisor Jeff Johnson breaks down where and how you might want to start your family’s next important conversation about money. I’ve been a close observer of the way families make, communicate and implement financial decisions for most of the last…
Tim Maurer offers a simple retirement stress test and asks what is perhaps the better question: What number works for you? “Wow, those guys must be millionaires!” I can recall uttering those words as a child, driving by the nicest house in our neighborhood—you know, the one with four garages filled with cars from Europe. The…
After years of little volatility, the market’s ups and downs might have you feeling uneasy. But a long-term perspective from Chief Investment Officer Jared Kizer provides some context on the stock market downturn. Prior to Feb. 2, 2018, the stock market had been through a remarkably tranquil period. Since that date, the U.S. stock market…
Tim Maurer visits with the TODAY show to discuss managing debt, saving for the future and investing long-term. With markets hitting record highs and a new tax plan in place, there’s a lot in play when it comes to balancing your finances. Tim Maurer visits with the TODAY show’s Sheinelle Jones and Craig Melvin to…
Fixed Income Advisor Steve Wiechel explains how the fixed income desk determines which is best for each individual client. In-state or out-of-state municipal bonds? Fixed Income Advisor Steve Wiechel explains how the fixed income desk determines which is best for each individual client. By clicking on any of the links above, you acknowledge that…
Larry Swedroe takes a look at the data and builds his case for why investors should continue to expect a value premium going forward. Recency bias—the tendency to give too much weight to recent experience and ignore long-term historical evidence—underlies many of the mistakes commonly made by investors. It’s particularly dangerous because it causes investors…
Tim Maurer tells the tale of an entrepreneur who made his passion into his profession. “This was given to me, because that was going to kill me,” entrepreneur Lee Janik told me. “That” was the job of owning and running a construction company he started in Ohio in the mid-2000s. “This” was the sacred experience of fly fishing,…
Manisha Thakor and David Ressner discuss saving for college, financial aid, calculating costs and even how to identify the right (priced) college. Demystify planning for college costs: Manisha Thakor and David Ressner discuss saving for college, financial aid, calculating costs and even how to identify the right (priced) college. By clicking on any of the…
BAM ALLIANCE member Stuart Vick Smith offers five tips for helping to teach your kids about money. As parents, we continually struggle to pass knowledge on to our children. Unfortunately, sometimes financial knowledge is left off the list or lost in translation. To prevent that happening, consider the following five tips to help teach your…
Can we better save for retirement by acting as if that “someday” is today? While on vacation recently in the Abaco Islands, on the outer rim of the Bahamas, I found myself on an important mission: taking the golf cart to the local market to restock our dwindling supply of the necessary ingredients for piña…
The giving season is here, so we’re revisiting some tips from Tim Maurer on how to transform one of the more stressful elements of this time of year into something more fulfilling.The Guide to Happy Giving