At Sensible Financial we spend a lot of time thinking about and advising on Social Security. A search on our website yields over a dozen articles. For most Americans, Social Security is their largest asset. (If it is not your largest asset it is still likely to be a very large asset). Choosing when you[Learn more…]
Freezing Your Credit
Freezing your credit is now free (and probably makes more sense than ever) In April I wrote an article about the steps Sensible Financial takes to protect our clients’ information along with actions you can take to protect yourself, such as using strong passwords and enabling multifactor authentication where possible. A newly-passed law now makes it easier to protect your credit information. Earlier this[Learn more…]
What Should You Do With Your Old Employer Retirement Account When Changing Jobs?
With the economy picking up, more people are changing jobs. This article will focus on just one of the implications of moving to a new job: what should you do with your old employer retirement plan? You have three options, each of which I will address in turn, highlighting the factors that we use to[Learn more…]
How Sensible Financial Protects Your Information
The increasing number of data breaches and identity theft is a major concern. Recent high-profile stories like the Equifax breach and the Cambridge Analytica-Facebook scandal remind us of the ubiquity of the problem. It is therefore very timely to talk about some of the ways Sensible Financial works to protect your data. Interspersed throughout this[Learn more…]
Want To Be Happy In Retirement? Spend Your Time And Resources On These Things.
A few years ago, I had the pleasure of attending a seminar by Dr. Michael Finke, then a professor at Texas Tech (he is now at The American College of Financial Services). He spoke about measuring life satisfaction in retirement. I remember being impressed by his talk and wanting to write my own article about[Learn more…]
The Risks of Active Management
In my last article I summarized the trailing 15 years of active management versus passive management performance data (spoiler alert: passive won). Looking solely at fund returns over that timeframe, we saw that the overwhelming majority of active managers trailed the performance of their relevant benchmarks. But returns are only part of the analysis. Risk[Learn more…]
Blindfolded Monkeys With Darts! An Update On The Active vs. Passive Investing Debate.
At Sensible Financial, we get very excited about passive investing. Since we first opened our doors in 2002, we’ve recommended passive funds as the best option for clients interested in higher returns at lower risk. It was a pretty radical recommendation at the time. Since our first financial plan, things have changed quite a bit[Learn more…]