Who Can We Trust with Our Nest Egg in Retirement?

The question we should ask now is, “who can we trust with our nest egg in retirement?” Note I said “Nest Egg in Retirement” NOT “Retirement Nest Egg”. The real danger is when we are in retirement. Trust is more important than safety, safety more important that risk and risk more important that reward in […]

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The Perfect Financial Planner for me

What is the perfect financial planner for a Baby Boomer? I thought I might put some thoughts down and let my subscribers comment on it. Together we might come up with the perfect financial planner for us all. We might also get the wealth management industry to sit up and take notice. We will be […]

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Buy and Hold is becoming Outdated

Dean Barber of Barber Financial Group said, “Buy and Hold is Outdated“. He adds, “you should remember to take profits and redeploy them into lesser-risk, low-expectation areas”. You can read his article on Yahoo Finance called, “Protecting Your Nest Egg in Recession” written by Laura Bruce from Bankrate.com. In keeping with my own beliefs this […]

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$20,000 Average Commission for Annuity Salesperson

I have said on this blog that the Wealth Management Industry want a slice of the $40B they believe we Baby Boomers have. We will become their primary source of income if we don’t watch out. Once again I will qualify this by saying that not all wealth managers are like this. It’s still a […]

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Baby Boomers – How to select a Good Financial Advisor?

How does a Baby Boomer find a good financial planner? This is an important question and should not be taken lightly because you may have a relationship with them for 30 years or more. So you need to do your due diligence on anyone you select. There are plenty of Internet articles on selecting a […]

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Baby Boomers – Go wherever the good financial planners are

Good financial planners are hard to find. I define a good financial planner as one who is working to protect your nest egg in retirement and avoid large losses. They are people who actively manage your nest egg and know how important it is to preserve your capital so it can earn money for you […]

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Baby Boomer – Financial Planners using 3-6-9 Bogus numbers

Many in the financial planning industry have what is called the 3-6-9 method for calculating a Baby Boomers retirement income. What do the numbers mean? They assume there is 3% inflation, 6% return on fixed interest and 9% return on equities. They plug these bogus numbers into their models and add a bit of risk […]

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A Financial Planner with the Right Attitude for Baby Boomers

Finding any financial planner who understands the needs of Baby Boomers in retirement is difficult. I spend several hours a day researching the Internet for information I can disseminate on my Blog. Sometimes I come across a financial planner’s blog or website that meets the standards of what a financial planner should be all about […]

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