Alexandra Clark

Retirement Income Planning Requires Realistic Spending Assumptions

If you have read any literature on retirement planning or have received advice from a financial professional, chances are you were presented with the 70% rule, the one that suggests that retirees will need between 70 and 80% of their pre-retirement income in order to maintain their standard of living. There are several flaws with

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For Financial Planning Success Consider the Impact of Behavioral Finance

The success or failure of a financial plan is driven by a variety of possible influences. Factors like the right rate of savings, good investment selection, and careful risk management are all important and commonly recognized as elements of a high quality plan. Going a step further and incorporating a well thought out estate plan

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Why Financial Professionals Are Still Important

With the current popularity of robo-advisors, some wonder what the difference is between an algorithm and a financial professional. Robo-advisors have been able to offer an alternative to traditional financial professionals to those with limited resources. They can provide automated advice and portfolio management based on your criteria with low costs and low account minimums.

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