finance tagged posts

Charitable Giving: the Benefits it Gives Us

11/08/2019 Finance  No comments

Many of us use charitable giving to make the world a better place for the next generation. Some people volunteer time and talent. And some are fortunate enough to give through wealth.

Using wealth for good has become a core aspect of the U.S. value system. I’ve seen charitable giving grow steadily over the past several decades. Studies show that since the 1950s, even after adjusting for inflation, charitable giving has grown by 6.5 times.1

I believe when you combine your personal values with wealth management strategies, you create a greater sense of purpose and achieve benefits.

Why do we give?

Vanguard Charitable conducted a survey years ago on charitable giving...

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Retirement Crisis: How to Create One

06/14/2019 Finance  No comments

Long-nosed skunk- retirement crisis smells

Long-nosed skunk- retirement crisis smells Humboldt’s hog-nosed skunk (Conepatus humboldti) searching for food in Valle Chacabuco, Patagonia, Chile

Retirement Crisis! Citizens of the world! The press is misleading you on retirement savings!

A worrying new study from the World Economic Forum predicts a retirement crisis with “retirees might run out of money 10 years before they die,” according to Bloomberg News coverage. The World Economic Forum calculates that the average 65-year old American has only enough savings to cover 9.7 years of retirement income out of a nearly 20-year expected retirement. Results for other countries are similar.

As usual, headlines from the credulous news media pile up: “Japanese women face retirement savings gap of almost 20 years,” says the Japan Times...

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