by Michael Lecours | Apr 26, 2013 | Investment Strategies, Retirement, Rule of Thumb, Uncategorized
Many advisors tell their clients, as a rule of thumb, a client can withdraw about 4% of their portfolio each year, without it affecting the principal. We have been telling our clients this for years. In fact, this rule of thumb dates back a few decades and was...
by Michael Lecours | Apr 17, 2013 | Retirement, Rule of Thumb, Uncategorized
During tax season, we had dozens of conversation with clients that begin with the client asking, “can I make a tax deductible contribution to my IRA, so I can lower my tax bill?” Unfortunately, the answer isn’t a straightforward “yes” or “no”. Rather, we have to drill...
by Michael Lecours | Jan 2, 2013 | Retirement, Rule of Thumb, Saving, Uncategorized
The single greatest factor to affect your financial goals for retirement has nothing to do with investment options, asset allocations, bonds or stocks. Rather, it’s the amount you save for retirement year over year. And yet, many struggle to save for retirement...
