SMART Financial Goal Setting

When it comes setting goals, it’s smart to be SMART about them. What do I mean? If you haven’t heard the acronym, here’s what you need to aim for when you set your goals, and how each of these features applies to finances and retirement. 

– Specific 

– Measurable 

– Achievable 

– Relevant

– Time-bound 

5 New Year’s Resolutions for Finances

Welcome to 2023! Perhaps there’s no more fitting topic to start the year with than New Year’s resolutions. In this show, we discuss the 5 most important resolutions any retiree or preretiree should make as we head into 2023.

1. reasses how much risk you’re willing to take

2. reasses the investments in your portfolio (“retirement risk assessment”) 

3. set personal, specific goals regarding what you would like to do this next year and how much it will cost (hobbies, travel, grandkids) 

4. have a plan B (what will you do if we do go into a recession and your portfolio loses money – hint: if you’re worried about that, you’re most likely invested wrong and need our help) 

5. consider getting more educated about finances 

Why Bond Values Fluctuate Opposite of Interest Rates

One of the most often asked questions from clients and listeners has to do with the relationship between bond values and interest rates. In this episode, we answer this question in detail. 

  • why bond values go up when interest rates go down 
  • what is the difference between direct and indirect ownership of a bond
  • how does income investing work
  • why you can still count on the income from your investments when bond values are down 

Client Q&A Webinar Replay

Why is there a disparity between inflation, the FED and unemployment? Where will the stock market go from here? These are just a few of the questions we answered during our most recent client webinar. We’ll replay it here and it’s our longest episode yet, we hope you’ll find it helpful. 

The Choreography of Retirement

Just like a well-run music show, symphony or ballet, there are many moving parts that need to come together in a synchronized manner in order for your retirement plan to run without a hitch.