Education
A Fundamental Economic Fact Fiduciaries Use to Fight Fear of Falling Markets
Economic concepts can lay dormant for extended periods of time, but they never truly disappear. This is why it pays to know people who are older than you and have actually lived through one (or more) economic cycles.
5 Most Important Financial Concepts a Fiduciary Must Teach
It’s in everyone’s best interest to be successful, so it’s part of a fiduciary’s duty to show them how.
Child IRA Chapter Excerpt: “Gaming & Saving”
A family that plays together, saves together. Establishing a Child IRA benefits the next generation. Given its tremendous power, the Child IRA remains one of the most under-appreciated retirement savings tools available. In the remaining chapters, we’ll present a virtual “how-to” manual that shows how different groups of people can implement and enjoy the advantages of the IRA.
Retirement Pros Reveal Their Own Best Interests When It Comes to Their Retirement Plans
Long-term investors like retirement savers can easily act like a fiduciary for their own assets. All they need to do is look in a mirror – but not for their own reflection. Look in a mirror a retirement professional is looking into and see how that reflection invests for retirement.
How Can Fiduciaries Use New Tax Cuts to Nudge 401k and IRA Retirement Savers?
There’s a chance for savers to increase the odds they’ll retire in comfort thanks to the 2017 tax law. Here’s how, but the window of opportunity will close fast.
How Anchoring Hurts 401k Retirement Savers
With the introduction of the concept of anchoring, Tversky and Kahneman opened the door to a new way of thinking about and addressing the financial decision-making process. For more than four decades, subsequent research has expanded upon their idea. Yet, plan sponsors and participants continue to remain uninformed of the dangers of anchoring.
Will Record Breaking Market be the Anchor that Sinks 401k Savers?
With a GOT-based strategy, expectations are predicated on needs, not the happenstance of the market. GOT-based portfolios may not have the record-breaking excitement of market indices, but it’s slow-and-steady-wins-the-race philosophy may lead to a more comfortable retirement.
5 Sample Techniques to Convince Retirement Savers to Focus on Their Own GOT Rather than Current Market Returns
In retirement planning, there can never be any guarantees. That’s why it’s critical that these tools are used continually and consistently. A magician never gives the audience’s eyes a chance to wander.
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The materials at this web site are maintained for the sole purpose of providing general information about fiduciary law, tax accounting and investments and do not under any circumstances constitute legal, accounting or investment advice. You should not act or refrain from acting based on these materials without first obtaining the advice of an appropriate professional. Please carefully read the terms and conditions for using this site. This website contains links to third-party websites. We are not responsible for, and make no representations or endorsements with respect to, third-party websites, or with respect to any information, products or services that may be provided by or through such websites.