An Explanation for Why We Haven’t Seen A Correction

This chart shows the price action of the S&P 500 since the last official correction back in the second quarter of 2012, and the red portions indicated each market selloff greater than 3% since then. Let me point to three important observations: Markets Dip Often:  Investors were forced to endure ten separate instances of the […]

Restoring Trust in the Financial Planning Industry

In tumultuous economic times, and after numerous financial scandals and stories of outrageous financial prophets, more than a few fortunes were soon parted from their unknowing owners. The financial services industry has always had a black eye.  A Harris Interactive poll was done a few years ago asking Americans whether they trust the advice they’re […]

It’s Not What You Know, It’s What You Don’t Do…

Traditional Financial Advice Has Failed – And the Statistics Prove It:   More than 95% of the population is failing to retire with financial security. – U.S. Department of Health Education and Welfare For the twenty years ending in 2013, the S&P 500 Index averaged 9.22% a year. The average equity fund investor earned a […]

When to Apply for Social Security Benefits

With the demise of guaranteed pensions, and in light of the risks you face in managing your own retirement assets, maximizing Social Security becomes a critical part of retirement planning.   One of the most important decisions a retiree faces is when to apply for Social Security benefits. This is not a decision to be […]

Will the Stock Market Save Your Public Pension?

Double-digit annual returns for most U.S. public pension systems over the past two years have done little to shrink the yawning deficits facing many of them after a decade of inadequate funding, according to analysts and recent data. -excerpted from Reuters, March 10, 2014   Thanks to a robust stock market, most systems have enjoyed […]

Income Updates for Various Demographics

Despite the economic setback and slow recovery in recent years, or perhaps because of them, it seems Americans may be on a trajectory for higher income – if not higher income, then perhaps greater satisfaction with the income that they earn. Here’s a recent round-up of studies about current demographic groups and their earning prospects: […]

The Role of Uncertainty

Remember trying out for a sports team, or the high school play? Remember waiting to get your acceptance letter from the colleges where you applied? Remember that feeling that you couldn’t move forward, you couldn’t make plans … until you knew? [CLICK HERE] to read the article, “Political Uncertainty Keeps Slowing Economy’s Rise,” at USA […]

Wealthcare Workup Point #2: Retirement Analyzer

Ron Papa, President of Legacy Advisors in Norwell, explains how each point in his “wealthcare” workup comes together to provide a comprehensive approach to retirement planning. A Financial Stress Test – Using the RETIREMENT ANALYZER Tool The second point or stage in my “5-Point Wealthcare Workup” is the Retirement Analyzer.  That’s the point when we […]

Our Nation’s Heroes Golf Tournament – Pembroke Country Club

Last month I was honored to participate in the Boston Chapter of the Salute Military Golf Association’s first  “Our Nation’s Heroes Golf Tournament.”  This is an event that the SMGA held to support golfing programs for veterans and raise awareness of the capabilities of disabled veterans and civilians alike who benefit from the ability to […]

Wealthcare Workup Point #1: Asset Analysis

Ron Papa, President of Legacy Advisors in Norwell, explains how each point in his “wealthcare” workup comes together to provide a comprehensive approach to retirement planning.   Assessing Symptoms or ASSET ANALYSIS: The first point in my 5-Point Wealthcare Workup is Asset Analysis:  that’s where we analyze your current assets from an investment, tax and […]