by Michael Lecours | May 19, 2017 | Retirement, Rule of Thumb, Saving, Uncategorized
Saving just a little bit extra each year can have a profound impact over the long term. Investor’s Business Daily ran some pretty interesting numbers showing the impact on one’s retirement if an extra $20 is saved every week. Here is some of the findings...
by Michael Lecours | May 18, 2017 | Economy, Saving, Saving for College
With all of our clients who have children, planning for college expenses is the one of the biggest concerns that keeps them up at night. Retirement planning may be a bigger issue in the long term, but the children will be going to college a lot sooner than their...
by Michael Lecours | Mar 31, 2017 | Saving
The “Retire in your 30’s concept” has been gaining some traction these last few months. There are a lot of success stories being shared from others about how they have been able to retire early. From time to time, I find one that is particularly interesting and want...
by Michael Lecours | Jan 18, 2017 | Finding Confidence, Investment Behavior, Personal Development, Retirement, Rule of Thumb, Saving
The following article examines five young people and their financial plan (more like their lack of planning). They are then offered some preliminary advice about how to improve their situation. Unfortunately, in every case I found the advice to be overly...
by Michael Lecours | Oct 14, 2016 | Finding Confidence, Investment Behavior, Retirement, Saving, Saving for College, Uncategorized
“ I want to save for retirement, but I can’t afford to do so right now.” This is a common complaint we hear, especially with our younger clients. They are dealing with debts, saving for their children’s education, and even helping to take care of their aging parents....
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...