by Michael Lecours | Aug 20, 2016 | Finding Confidence, Investment Behavior, Investment Strategies, Retirement, Uncategorized
Stay the course. That’s the secret. The pain we experience when we see the account balance drop is much greater than the joy we feel when we see the account balance increase by the same amount. Imagine you have a retirement account with $500,000 in it and it declines...
by Michael Lecours | Aug 18, 2016 | Finding Confidence, Investment Strategies, Personal Development, Retirement, Saving, Uncategorized
The story about a couple’s desire to retire in 4 year is compelling. They have applied many of the important financial planning concepts: 1) The plan to live a very modest lifestyle in retirement – They plan to need 30,000 a year in retirement. 2) They have cut and...
by Michael Lecours | Jun 24, 2016 | Investment Behavior, Investment Strategies, Personal Development, Rule of Thumb, Uncategorized
Recently we introduced The Money Management Tool to help clients better organize their financial lives. The tool has lots of features and we will occasional explain how some of the features are being used by our clients (or should be used) to help them reach their...
by Michael Lecours | Mar 24, 2016 | Finding Confidence, Investment Strategies, Personal Development, Retirement, Rule of Thumb, Uncategorized
I recently read Carl Richard’s “The One-Page Financial Plan” and was impressed with Richard’s approach to working through some complex financial issues. In particular, he focused almost exclusively on the emotional issues that investors face. What does money...
by Michael Lecours | Jan 13, 2016 | Investment Behavior, Investment Strategies, Retirement, Uncategorized
Important Changes to Social Security How to Avoid the Biggest Mistake When Starting Social Security How To Reduce the Pain of a Required Minimum Distribution The Myth of Putting All Your Eggs in One Basket A 2016 Economic Outlook...
by Michael Lecours | Dec 23, 2015 | Investment Strategies, Taxes, Uncategorized
For the last few years, Congress waits to the very last minute to extend a few important tax laws. This year is different. Under the proposed deal, these laws will become permanent. For more information about the provisions, click here.
