Author - Alan Moore, CFP®, MS

1
Low Rates Make Retirees Gnash Their Teeth
2
Just Ask “Do You Have A License?”
3
Including Social Security As Part Of Your Retirement Plan
4
Owning vs. Loaning – How Will You Invest In The Market?
5
3 Tips To Balance Retirement And Education Savings When You Have A Child

Low Rates Make Retirees Gnash Their Teeth

How are low interest rates effecting retirees? This is the question Chris Kissell, reporter for Fox Business, recently asked me.

Should retirees be putting their low (or no) interest yielding cash into stocks or bonds in order to generate some return? Absolutely not.

Even getting a sad-sack 1% return is better than exposing all your savings to higher levels of risk, says Alan Moore, founder of Serenity Financial Consulting in Milwaukee.

“I look at cash as market insurance,” he says. “When the stock market takes a dive, (retirees) don’t want to be in the position of having to sell stocks

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Just Ask “Do You Have A License?”

After a recent presentation to AARP for their Ready for Retirement series, an attendee asked how to find a quality financial advisor. This is a great question that is unfortunately difficult to answer. Why? Because certain parts of the financial community have spent a lot of money lobbying Congress to keep it that way.

If you frequent this blog, you know that I believe:

  1. Your financial advisor should be fee-only; no other compensation structure is acceptable. This eliminates a lot of the conflicts of interest that exist in the world of financial product sales.
  2. Your financial advisor should always
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Including Social Security As Part Of Your Retirement Plan

When you’re younger, thinking about retirement seems more like a concept than an eventual reality – the milestone seems so far away. But, one day, it will become a reality, and it’s better to start planning financially as early as possible for that reality to ensure that you have enough money accumulated not simply to exist, but to enjoy your work-free days.

Your retirement plan needs to be funded from different sources. After all, you shouldn’t put all of your eggs in one basket. One source that is often ignored or discounted, but should still be part of your plan …

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Owning vs. Loaning – How Will You Invest In The Market?

There are two primary ways that a person can invest in the market – you can either own something, or you can loan someone money. Admittedly there are other exotic strategies, however these are the two most common, and ones that investors should probably stick to.

Owning

The first way to earn money in the market is to own something. You could own a company, gold, or real estate. When you want to own part of a company, you can simply purchase stock in that company. Purchasing stock means you literally own a part of that company.

So let’s break …

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3 Tips To Balance Retirement And Education Savings When You Have A Child

New parents often wonder how they are going to balance saving for their kids’ college education and their own retirement. There isn’t always enough money to fund all of their goals, and they are looking for a way to prioritize their savings.

I recently wrote a guest post on the 3 tips to help you strike a healthy balance between retirement and education savings when you have a child. The post first appeared on The Virtual Attorney‘s blog.

#1: Fully Fund Your Emergency Fund

I know what you’re thinking… what do cash reserves have to do with retirement OR …

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