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Sensible Perspectives

Health Savings Accounts: A sensible way to save for health-related expenses

Posted by on March 23, 2017

    Health Savings Accounts (HSAs) were signed into law in 2003 by George W. Bush. HSAs are bank or brokerage accounts that allow you to save for qualified medical expenses. Many people do not fully understand how these accounts function or how they may be beneficial, even though they have been available for nearly […]

Sensible Tops in San Diego

Posted by on March 22, 2017

Sensible Financial was recently named one of the 2017 Top Ten Best Financial Advisors in San Diego by AdvisoryHQ News. AdvisoryHQ News has over five million readers and provides extensive research, reviews, and rankings on financial firms and products for consumers across the U.S., the U.K., Canada and Australia. Their reviews and rankings are independently researched […]

Will Trump abolish the DOL fiduciary rule? Does it matter?

Posted by on February 23, 2017

Only a few months ago I wrote How the DOL’s New Fiduciary Rule Will Affect Retirement Advice. In doing so, I threw three years of law school education out the window and broke one of the profession’s cardinal rules: Never speak in absolutes! (As if “never” weren’t an absolute!). I’d like to take this opportunity […]

Digesting the Alphabet Soup of Medicare

Posted by on February 22, 2017

  This article is the first in a series on Medicare, the Federal government insurance program that provides health care to seniors and people with certain disabilities. In this article, I provide an overview of Medicare and its component Parts.  Future articles will describe various aspects of Medicare in more detail. Medicare is a health […]

My Dinner with Ben Bernanke

Posted by on February 14, 2017

On February 2nd, I had dinner with former Fed Chair Ben Bernanke. I hasten to add, lest I give you the wrong impression, that the occasion was the CFA Society Boston Market Dinner, and there were approximately 1,100 guests in all. Bernanke’s remarks highlighted the event, followed by Society President George Hoguet’s extended Question and […]

The Undoing Project by Michael Lewis

Posted by on January 27, 2017

In The Undoing Project, Michael Lewis brings life to the friendship and working relationship between Daniel Kahneman and Amos Tversky.  (Kahneman is still working – at Princeton. Unfortunately, Tversky has died.) Kahneman and Tversky were two smart guys. They thought differently about how people make judgments and decide. Their work changed economic and financial thinking. […]

Estate Plan Mistakes You Can Easily Avoid

Posted by on January 26, 2017

Every December I try to attend the Harvard Memorial Church’s Annual Carols Service. This year I was supposed to go with an old friend. I’ll call him Larry. Larry and I had dinner in October to celebrate his 64th birthday. We made plans at the time to attend the Carols Service together. Four days later […]

Inflation Assumption Updates And Your Financial Plan

Posted by on January 25, 2017

To improve our recommendations, we are re-evaluating the economic assumptions in our financial plans.  We will be rolling out newsletters and white papers on each assumption. In this article, I will discuss our new methodology for inflation and its effect on our recommendations. What is Inflation? Rarely a day goes by that we do not […]

WGBH Listeners: Download Sensible’s E-book

Posted by on January 1, 2017

Welcome WGBH Listeners! Did you hear us on WGBH, one of Boston’s public radio stations? Sensible Financial is proud to support public radio – a great source of news and information. Listen for our underwriting announcements this week. They will air during Morning Edition, Boston Public Radio, afternoon drive and over the weekend. You can also […]

Bond Returns Early in the Trump Era (Part 1)

Posted by on December 21, 2016

There is now a tendency for higher interest rates. Total bond returns equal the coupon (interest payment) plus the price change impact of any interest rate change. Neither the interest rate alone nor the interest rate change alone determine the total return. Both have an impact. In the long run, higher rates are good for […]