Client Vault

cnbc

3 steps to avoid running out of money in retirement

The majority of Americans don’t think they are saving enough and are worried their savings won’t last as long as they do. Only 31 percent of workers who participate in an employer-sponsored retirement plan, such as a 401(k), 403(b) or 457, are “extremely confident” or “very confident” that they will not outlive their money —…

Make joy-based budgeting a New Year’s resolution

Do your New Year’s resolutions for 2016 include crafting a workable budget that you’ll actually want to stick to? Are you stumped about how to make it happen? One answer is an approach that financial advisor Manisha Thakor, director of wealth strategies for women at Buckingham and The BAM Alliance, calls “joy-based budgeting.” First, estimate…

How to find a financial advisor

Looking to avail yourself of a financial advisor’s services but stumped as to how to pick one? Who better to tell you what to look for than a financial advisor himself? “I believe there are four minimum requirements for anyone you’re considering working with,” said Tim Maurer, certified financial planner and director of personal finance…

Is your financial advisor really putting you before profit?

How financial advisors are compensated doesn’t determine their character, but it does influence their behavior. As the debate over regulatory standards of conduct for financial advisors plays out in Washington, the issue for investors boils down to how their advisors are paid and how well the arrangement aligns the interests of the advisor with their…

Hitting the target

Target date funds are a popular default option in many retirement plan investment schemes, but are they a good fit for younger, millennial investors? CNBC Senior Personal Finance correspondent Sharon Epperson discusses target date funds with certified financial planners Tim Maurer, of The… Read the rest of the article on CNBC.

Have you committed these investing blunders?

The financial worries that keep Americans up at night run the gamut from cradle to grave: daily expenses, college education, retirement nest eggs. While stressing over the big fiscal picture, many investors easily fall into some costly—but very much avoidable—financial traps. We asked the CNBC Digital Financial Advisor Council to weigh in with some of…

The millennial future

Given changes in the jobs market and retirement savings options, how can risk-averse millennial investors in their 20s and 30s secure their futures? CNBC Senior Personal Finance correspondent Sharon Epperson discusses the future for Gen Y workers with certified financial planners Tim Maurer, of The… Read the rest of the article on CNBC.

When it comes to investing, rely on long-term wisdom

When it comes to the market’s peaks and troughs, investors often don’t react as rationally as they might think. In fact, in times of extreme volatility or poor performance, emotions threaten to commandeer our common sense and warp our memory. It’s called recency bias. Recency bias is basically the tendency to think that trends and…

Changing jobs? 3 tips for making a smooth switch

There are few occasions in life so filled with optimism—and stress—as leaving one company to join another. Regardless of how common career moves are, the tactical skill and emotional fortitude required is anything but typical. The stakes are high, and as a result, mistakes are often made. Here are three rules to follow to help…

©2017 Lucia Wealth