I’ve identified long-term care as the greatest unsolved challenge in the field of goals-based retirement investing. This doesn’t make me Sherlock Holmes. Anyone who has requested a quote for LTCI knows we’ve got a problem.
Cathie Wood, CEO/CIO of Ark Investment Management, (in)famously predicted that her firm’s strategies could see a 40 percent annualized return over the subsequent five years. That prediction rounded the halfway pole and is now headed home, so this seems like a good time to check in on how it is faring
Last July, I issued an open letter to the annuity industry requesting the introduction of a product to meet the needs of independent advisors who adhere to a safety-first, goals-based investing philosophy. That call has been answered.
Advisors who set up recurring withdrawals at TD need to beware. With the transition to Schwab, those scheduled January withdrawals will take effect in December instead.
I previously discussed a method of applying long-run, risk-return insights to a goals-based approach to retirement investing. This article considers how to extend the process into the pre-retirement years.
While a goals-based approach divides a retiree’s liabilities (future spending goals/needs) and assets into separate pieces with separate mandates, it can be useful to see how they all stack together.
In investing, you can have a safe present or future value, but not both!
Common aphorisms and assumed truths about stock returns often imply the disappearance of risk over long horizons. Is that accurate?
The aim of this series is to move beyond the simplistic example of goals that exist at a single point in the future to consider retirement, the most common purpose for long-term investing for an individual.
We’ve known for a long time that CPI-adjusted lifetime guarantees are the ultimate bedrock for a secure retirement.
Nearly a year ago, I – provisionally and with qualifications – declared I-Bonds to be the fabled “free lunch” due to the remarkable 9.62% rate they were paying. That rate came down – a lot – so should you still buy them?