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MONEY matters

Mark Zaifman's thoughts on money, global economic trends and politics
The Latest Research on Retirement Planning Changes Everything
Mark Zaifman   |    Wed, Jan 25, 2017 @ 04:00 PM

There are some big changes happening in the world of retirement planning. Some big and really good changes. First some background.

One of the most studied and researched topics in the field of financial planning is NOT the study of the accumulation phase of your life, where you’re saving and investing for the future. Instead, the subject that draws the most attention in the academic as well as professional world of personal finance, by a longshot, is that of the withdrawal phase of your life. The phase where you begin to distribute the money you’ve saved either with a planned retirement income strategy or a flying by the seat of your pants strategy.

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Investors Buckle-up; 2017 Looks to be a Wild Ride in the Markets
Mark Zaifman   |    Tue, Dec 20, 2016 @ 10:59 AM

 

 The stock market has long been considered a leading economic indicator. Given the recent stock market rally since the election, it’s fair to believe 'the market' is sending a clear signal of what’s to come in 2017. Oh, but if only it was that easy.

One of the best money articles I read post-election in terms of what do I do now with my investment strategy was written by Ron Lieber of the Times in his Your Money column titled One Crucial Investing Question: Are Your Goals Different Now? Thankfully, this article makes you think long and hard before you decide to change your portfolio strategy.

 

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Think You Can Outsmart the Stock Market When You Retire?
Mark Zaifman   |    Wed, Nov 30, 2016 @ 03:15 PM

Last week, a good friend asked me if I would look over the retirement plan his financial planner had just completed. Let’s call my friend, Steve.

And for the record, if I may digress, I’ve discovered the hard way that maintaining and keeping long-term friendships intact when your occupation is financial advisor, means making sure your friends understand why recommending they work with an independent advisor who is not their friend, yet puts their best interests first. Sounds easy, yes? Not so much. On to Steve’s story...

 

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How To Avoid Common Mistakes When Preparing For Retirement
Mark Zaifman   |    Tue, Oct 18, 2016 @ 08:59 AM

According to Pew Research, every day for the next 14 years, 10,000 baby boomers will reach age 65. Think about that for a second, that’s a lot of people. And whether they plan to retire at age 65 or in a few years, preparing for retirement is now front and center in their lives.

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How Boomers Are Redefining Retirement Success
Mark Zaifman   |    Fri, Sep 09, 2016 @ 10:34 AM

 

The way boomers define ‘retirement success’ is changing rapidly. The old model of ‘success’ - where your goal is to accumulate as much money as you possibly can by the time you reach the finish line, regardless of the stress and impact on your physical, emotional and spiritual health, well, that model is no longer sustainable.

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Broken Dreams- A Retirement Plan Turned Upside Down
Mark Zaifman   |    Tue, Aug 02, 2016 @ 10:18 AM

This is a true story of a couple that planned on launching into retirement with high hopes, only to find their dreams dashed. It’s a story of betrayal, self-sabotage, unconditional love and the amazing gift of forgiveness and redemption.

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Vanguard Founder and Index Fund Pioneer John Bogle Celebrates 65 Years in the Financial Services Industry
Mark Zaifman   |    Tue, Jun 28, 2016 @ 05:35 PM

There’s not many people in the financial world that have earned as much acclaim and adoration as the founder of Vanguard, John Bogle. Like his good friend Warren Buffett, these two men exemplify radical humility in an industry loaded with oversized egos.

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On The Road to Retirement Planning
Mark Zaifman   |    Wed, May 04, 2016 @ 09:30 AM

On The Road to Retirement... “If you don’t know where you’re going, any road will take you there.”

The refrain "If you don't know where you're going, any road will take you there" was essentially a paraphrase of an exchange between Alice and the Cheshire Cat in Chapter 6 of Lewis Carroll's Alice in Wonderland: "Would you tell me, please, which way I ought to go from here?"

 

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Long-Term Investing - Why 5 Days Over 10 Years Have Made All the Difference
Mark Zaifman   |    Tue, Feb 16, 2016 @ 10:26 AM

These past couple months, and especially the past few weeks, have been particularly nerve racking for investors. With memories of the last stock market crash still etched into our collective psyches, it’s challenging, even for disciplined long-term investors, not to get caught up in the frenzy.

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A Market Decline is Temporary-Selling at a Loss is Permanent
Mark Zaifman   |    Mon, Jan 18, 2016 @ 11:31 AM

Here we go again…..up, down, up, down. If this stock market roller coaster ride has you feeling anxious, you’re not alone.

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