The dangers of relying on Monte Carlo when planning retirement
Investors who are nearing retirement all want to know one thing: Will my money last as long as I do? This is the question that causes pre-retirees a lot of sleepless nights. Not knowing the answer to this question also causes many pre-retirees to delay retirement out...
Annuity mistakes to avoid
Last week, I wrote about the pros and cons of buying an annuity. Given the complex nature of annuities, I thought it was important to also cover potential complex mistakes that people make regarding them. First, annuity contracts can be either owner-driven or...
Pros and cons of an annuity
One question we get asked frequently is whether or not to buy an annuity. Since there are many factors to consider when answering this question, this article isn’t intended to provide you with a “yes” or “no” answer. Instead, this is meant to provide you with...
Legacy: Retirement journey part 4
This is the fourth and final article in the series on the stages of retirement planning. Next to the pre-retirement phase, this is, in my opinion, the next most important part. If you had done everything you needed to do in order to set yourself up for an enjoyable...
