100 years after Charles Ponzi created his famous scam, investors can still fall prey to financial fraud. Here are some tips to avoid it.
When talking about investment risk, it is tough to nail down the details of risk tolerance. Risk tolerance: Risk tolerance is the degree of variability in investment returns that one is willing to withstand. Rick Miller discusses the implications of risk tolerance and capacity in living standards.
Income Volatility is defined as the variance of income, the divergence from the average. When individuals have risky income, often they are not as concerned with implications of lifetime wealth as they are cash management. Rick Miller discusses income volatility when planning finances for the future.
Working longer now may cause you to miss opportunities to spend time with your family, to travel, or to take on other activities. Sacrificing now to live better later isn’t attractive. We work with you to identify a sustainable living standard, so you can live better today- not just in retirement.
An estate plan is a series of documents that helps you achieve goals such as providing for your family in the event of an emergency and formalizing your wishes about end of life care at the lowest cost to you and your family. We can give you guidance along the whole process, even working closely[Learn more…]
Rick Miller discusses how inflation, interest rates, returns, and expectations of spending in life-cycle factor into financial planning.
Human capital is an important part of the portfolio. A lifetime balance sheet is used to determine budget when planning for the future. Rick Miller discusses the assets and liabilities that go into sustainable life-cycle planning.