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Sensible Perspectives

Let’s Talk About Your Budget. Your Lifetime Budget.

Posted by on February 14, 2018

Budgeting is something that few people enjoy. Simply hearing the word may cause you to imagine clipping coupons or, worse, being out of a job. Many people believe that if you have enough resources, budgeting is a choice rather than a necessity. In what follows, I’ll explain why everyone already has a budget (whether they’ve […]

Responding to the Stock Market Decline

Posted by on February 12, 2018

You may have heard that the stock market has been very volatile recently, with several days of significant declines. The drops in the US market on Monday, February 5th and Thursday, February 8th were especially large, around 4%, depending on the index. This followed a decline on February 2nd of a bit over 2%. To add […]

Sustainable Investments: A Sensible Approach

Posted by on January 17, 2018

Edward Samp contributed extensively to this article. Many investors have become interested in the impact of their investment decisions on the world in which we live. While the primary objective of your investment strategy may be financial: e.g., allowing you to live comfortably in retirement or putting your children through college, some investors also desire […]

Former Fidelity SVP Joins Sensible Financial As Associate Advisor And Senior Director Of Strategy

Posted by on December 13, 2017

Chris Andrysiak spent the first 25 years of his career working in big companies – Fidelity Investments, Braxton Associates / Deloitte Consulting, and Goldman Sachs — in consulting, finance, and strategic management roles.  He gained firsthand knowledge of how financial products are created, marketed, and sold by large financial companies.  He also learned a lot […]

How Will Proposed Tax Reform Affect Me?

Posted by on December 13, 2017

The US House and Senate are considering extensive income tax reform. The table below outlines current law and the bills for each chamber as they were at the close of business on Monday, December 4, and provides indications of the bill that has emerged as the “final deal” on Wednesday, December 13. While this “final […]

How to Succeed at New Year’s Resolutions, Without Really Trying

Posted by on December 1, 2017

Every year, we provide guidance to help you with your New Year’s resolutions. While we used to say that our advice was based solely on introspection, evidence on how habit formation works has emerged, and it’s consistent with our recommendations. So, we can now say with confidence that if you follow these steps, you are […]

How Much Can I Plan on Social Security?

Posted by on November 17, 2017

In my first article on Social Security, I described how the program works and reviewed the program’s financial standing over the last thirty years. In my second article, I examined the financial future of Social Security and the policy changes necessary to shore up the program’s long-term finances. Here, I outline Sensible Financial’s new projections […]

Year-end Tax Planning: Should You Do a Roth Conversion?

Posted by on November 16, 2017

Many advisors tout the benefits of a “tax-free income” in retirement for those individuals with a Roth IRA. More important than tax-free income in retirement is the goal of reducing your lifetime tax burden by shifting income from one year to another through a Roth conversion. With the December 31st deadline for 2017 Roth conversions […]

The Risks of Active Management

Posted by on November 5, 2017

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 […]

Sensible Financial Joins Mass Innovation Nights For a Night of FinTech Innovation

Posted by on October 19, 2017

Sensible Financial team members Rick Fine, Chris Andrysiak and Rick Miller recently served as experts at Mass Innovation Nights (#MIN102), a monthly gathering featuring startups and local innovators. The theme for the event was financial technology and financial literacy, and included 13 startups with exciting new fintech products. The financial literacy theme tied in nicely with […]