
The Distillery Newsletter
Insights
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How Retirement Spending Changes With Time
New retirees sometimes worry that they are spending too much, too soon. Should they scale back? Are they at risk of outliving their money? This concern may be legitimate.
Orchestrating Your Retirement Accounts
The typical retirement strategy is built on the pillars of your 401(k) plan, your Traditional IRA, and taxable savings. Getting the instruments of your retirement to work in concert has the potential to help you realize the retirement you imagine.
Deciding When to Take Social Security
One of the most common questions people ask about Social Security is when they should start taking benefits. Making the right decision for you can have a meaningful impact on your financial income in retirement. Before considering how personal circumstances and objectives may play into your decision, it may be helpful to preface that discussion with an illustration of how benefits may differ based on the age at which you commence taking Social Security.
Retirement Questions That Aren’t About Money
Preparing for retirement is not entirely financial. Your degree of happiness in your “second act” may depend on some factors that don’t come with an obvious price tag. Here are some non-monetary factors to consider as you prepare for your retirement.
Getting a Head Start on College Savings
As a parent, you teach your children to dream big and believe in their ability to overcome any obstacle. By investing wisely, you can help tackle the financial obstacles of funding their higher education – and smooth the way for them to pursue their dreams.
Pullbacks, Corrections, and Bear Markets
When the market drops, some investors lose the perspective that downtrends and uptrends are part of the investing cycle. When stock prices break lower, it's a good time to review common terms that are used to describe the market's downward momentum.
Diversification, Patience, and Consistency
Regardless of how the markets may perform, these three principles should be incorporated into your financial strategy.
Q1 Update: Recent Market Volatility Reinforces the Need for Long Term Perspective
When the market acts like it’s been acting lately, it’s a good time to remind everyone that, while downturns feel bad, they should not be a surprise. The history of the market is dotted with peaks and valleys that must have been hard to live through, even if they were temporary.
Strategies for Managing Student Loan Debt
If college were a party, then student loans are the hangover. Unfortunately, the "hair of the dog" won't cure this headache, but here are some ideas for managing your student loan debt.
Tax Efficiency in Retirement
Are you striving for greater tax efficiency? In retirement, it is especially important – and worth a discussion. A few financial adjustments may help you manage your tax liabilities.