Are Your Retirement Fund Returns for 2008 as bad as this?

A friend of mine has emailed me his WRAP account Mutual Fund returns for 2008. My friend had all his retirement nest egg in a WRAP account until recently. It is one of the top fund mangers in Australia. When the market started going crazy in January he became very risk averse as he watched […]

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Wealth Managers Find New Ways to Avoid Large Loss of Funds

The Financial Planning industry has a problem. They want to avoid a large loss of money from their funds under management as Baby Boomers move into retirement and become risk averse, especially in this economic climate. I read with interest this weekend that in Australia where interest rates are as high as 8.25% on term […]

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Capitulation is Not an Option in Retirement

Well it happened, the S&P 500 is officially is down over 20% and that means a technical recession is occurring. What does it mean to you with your retirement funds taking a serious hit? One thing it doesn’t mean is that you should capitulate and sell all your equity funds and rush to cash. On […]

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A Tale of a Baby Boomer’s Retirement Nest Egg

A Baby Boomer friend of mine has sent me his WRAP Account results through to June 2008. We both decided in November 2006 that we would hand our retirement nest eggs over to the “Professionals” so we could spend our time doing other things as we move into semi-retirement. Our retirement nest eggs were put […]

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Protect Your Nest Egg in Retirement

Thanks for dropping by and taking a look at my blog. As the title suggests it will be all about how to protect your nest egg in retirement. I’m not talking about all the financial wizardry spoken of by the Wealth Management industry. I’m talking about how your nest egg can disappear over time through […]

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