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What’s on our mind? You can read about it in our blog. Whether it’s ideas from the investment services world or concepts from the financial industry, you can read about it here. And once in a while, we may throw in a movie review or some other surprise. So keep checking in. We’re glad to have you reading along.

 

Thursday, October 25, 2018

1) Financial wellness education Getty Images The hottest of all 401(k) plan improvements is financial wellness education. The greatest source of stress for employees is finances. Forty-three percent of a Purchasing Power survey's...

 

Tuesday, October 23, 2018

Consumers will soon be able to freeze their credit files without charge. So if you have not yet frozen your files — a recommended step to foil identity theft — now is a good time to take action, consumer advocates say....

 

Tuesday, October 23, 2018

The Department of Labor on Monday released a proposed rule that would make it easier for small businesses to offer retirement plans to employees. The proposed regulation would allow small businesses to form multiple employer plans, in...

 

Friday, July 27, 2018

The Fifth Circuit Court of Appeals killed the Department of Labor’s fiduciary rule, and the Securities and Exchange Commission has stepped up with its own set of fiduciary proposals. The big question on everyone’s minds:...

 

Wednesday, July 25, 2018

Today, July 20, 2018, marks 49 years since man first stepped on the lunar surface. It was at that time Neil Armstrong uttered those now famous words… “That’s one small step for a man; one giant leap for mankind...

 

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Tuesday, July 24, 2018

Unreturned phone calls and emails, not portfolio performance, are the top reasons clients fire their financial advisors, according to a new survey. I take it personally when I call or email someone and don’t get any response. I...

 

Friday, July 20, 2018

Employers, are you working with the right 401(k) investment adviser? Do you want to find out? Ask your adviser the following eight questions and then see how the answers compare with the generally desired responses outlined below....

 

Wednesday, July 11, 2018

When your client dies, who owns the pictures on their Facebook page? Who has control of their electronic bill-payment sites or bitcoin account? Who is responsible for shutting down or memorializing social media sites? Digital rights...

 

Tuesday, July 3, 2018

The tax reform law has had one interesting consequence for the retirement industry: It has driven up interest in different types of savings plans that work in tandem with 401(k) plans to help company owners and highly compensated...

 

Wednesday, June 27, 2018

In the past, saving $1 million for retirement was considered a benchmark to help you enter retirement comfortably. But times have changed, and that figure may no longer be accurate. “Boomers and the subsequent generations are...

 

Monday, June 25, 2018

Technology has transformed the way many of us work, but it also has almost completely eliminated our ability to unplug, de-stress and take care of our mental health. Many employees make themselves available 24/7, checking email before...

 

Thursday, June 21, 2018

Retiree do's and don'ts in a rising-rate environmentRetirees who want to protect their portfolio from interest rate increases are advised to opt for investments with the highest cash yields, according to this article on Morningstar....

 

Wednesday, June 20, 2018

Getting people to invest in their workplace retirement plan is only half the battle. The more the industry does to improve participation rates, the more it opens plan sponsors up to risks. In its research, Willis Towers Watson has...

 

Tuesday, June 19, 2018

“My plan only has $3 million in it. How much ERISA exposure could we have?” This question from a client who wondered whether it was worth the cost of putting in written plan policies and controls got me to thinking about...

 

Monday, June 18, 2018

A major benefit of retirement is that you no longer have to punch a time clock. But this can be a mixed blessing. Without the structure of job and family, you might begin to feel disoriented. Perhaps you can't remember what day of the...

 

Thursday, June 14, 2018

While June 13 was widely cited as the last day the Department of Labor could appeal to the U.S. Supreme Court the 5th Circuit’s ruling vacating the fiduciary rule, that day has now come – and gone. So now the prevailing...

 

Wednesday, June 13, 2018

That wellness program your company implemented in the last few years might be showing results. A recent UnitedHealthcare survey found that 62% of participants in wellness programs say their productivity has improved, 56% have had fewer...

 

Tuesday, June 12, 2018

Financial stress is a major concern for today’s millennials who are facing unprecedented financial challenges. According to a 2017 PWC Employee Financial Wellness Survey, 65% of millennials reported being stressed about their...

 

Tuesday, June 12, 2018

The year you retire is a pivotal time to make final adjustments to your finances and a plan to spend down your assets. You also need to make important decisions about Social Security and health insurance. Here's what you need to do if...

 

Monday, June 11, 2018

While on vacation recently, I entered into a discussion with another couple and we shared our career backgrounds. The conversation eventually turned to retirement, and I realized that many people are not aware that health savings...

 

Friday, September 15, 2017

Here is the link to the Equifax Data Breach website: www.equifaxsecurity2017.com While on this page, you can check to see if you are affected and to also sign up for the free credit monitoring.

 

Tuesday, June 27, 2017

Health savings accounts are essential for people who are covered by high-deductible healthcare plans. They can also be worthwhile investment vehicles for higher-income investors. In contrast with flexible spending accounts, which...

 

Monday, June 19, 2017

The average size of an NFL lineman in the 1960s was close to six feet tall and 250 pounds. Today the average NFL lineman is over six feet five inches and well over 310 pounds. There are likely a number of reasons for this huge increase...

 

Thursday, June 1, 2017

Americans report they are worried about affording retirement, but over half say they aren’t saving money to retire. The latest COUNTRY Financial Security Index revealed that two in three Americans (67%) report the country’s...

 

Thursday, June 1, 2017

Nearly 75% of adults have financial regrets, Bankrate.com found in a survey. The most common is not saving early enough for retirement, cited by 22%, followed by not saving enough for an emergency (16%), and, tied at third, carrying...

 

Thursday, April 27, 2017

April 27, 2017 In the new world of fiduciary scrutiny and media attention, many employees are looking at their retirement plan to see if they are paying the lowest cost for their plan investments. Plans which use revenue sharing to pay...

 

Friday, April 21, 2017

http://money.usnews.com/money/retirement/second-careers/articles/2017-04-10/7-reasons-to-work-part-time-in-retirement

 

Monday, April 3, 2017

This time of year, I have a lot of discussions with clients regarding the amount of taxes they were required to pay for the prior year. A number of my clients are at the stage of life when they are required to take an annual...

 

Monday, March 27, 2017

http://awealthofcommonsense.com/2017/03/updating-my-favorite-performance-chart-for-2016/

 

Tuesday, February 28, 2017

We want high returns from our investments, but we want much more. We want to nurture hope for riches and banish fear of poverty. We want to be number 1 and beat the market. We want to feel pride when our investments bring gains and...

 

Tuesday, February 21, 2017

Executive Summary The standard advice in saving for retirement is rather straightforward: save as much as you can, starting as early as you can, to maximize the amount of your savings and how long it has to grow. The more you can get...

 

Friday, February 17, 2017

Even higher-income investors may be able to benefit from this credit on occasion--or help someone else do so. As the mid-April tax-filing deadline draws close, many investors scramble to invest in an IRA for the previous tax year. The...

 

Monday, February 6, 2017

Checklists. Doctors use them. Engineers use them, Pilots use them. A checklist is a tool to manage complicated jobs. Now let’s put that concept into the context of an individual who has fiduciary responsibilities for an ERISA...

 

Friday, February 3, 2017

Tax season may be the time to bring up financial concerns with parents and elderly relatives. As these individuals age, we should approach their financial planning with care and with respect. Here are 11 important questions to...

 

Thursday, November 5, 2015

Making sound financial decisions begins with asking the right questions. Start with the questions we’ve provided here to chart a course for financial well-being: Investing: Accumulate and maintain wealth When there are so many...

 

Thursday, November 5, 2015

IN THE MARKET Perhaps you’re in the market for a better wealth management experience. You found a firm to help you manage your assets, but it’s been awhile since you’ve heard from them, and you’re not entirely convinced that they are...