Introduction In the world of personal finance, few concepts are as powerful as the future value of money. It underscores why starting early with retirement…
The Time Value of Money: Future Value of Current Holdings
Introduction: Understanding the Time Value of Money in Retirement Planning Grasping the concept of the future value of money is essential to retirement planning. Imagine…
Why I Don’t Do Dollar Cost Averaging
Introduction Dollar cost averaging, often referred to as “DCA”, is the technique of investing a fixed amount of money at regular intervals regardless of market…
Timing is Everything: Sequence of Returns Risk
Biggest Fear The biggest fear for most retirees is running out of money before running out of years. The risk of running out of money…
The 4% Rule: Is It Good Enough?
Introduction If you have been planning for retirement for any period of time, you have likely encountered the 4% Rule. This rule is a commonly…
What is “Your Retirement Equation”?
“When do you plan to retire?” “Your Retirement Equation” will help you answer that question. If you ask an average person when they plan to…