Category: Retirement Planning

Future-Proofing Your Retirement: Tackling Economic Volatility in 2024

If you listen to the “talking heads” in the media these days, you’ll hear about the potential for a recession in 2024, continued inflation, higher-than-normal interest rates, and, if that isn’t enough, the impact of a presidential election year. It all adds up to an unpredictable market and some volatile conditions. So, what does this mean for your investments and retirement plans, and what can you do to prepare for these market conditions?   Doing nothing may not be an option. […]   Read More
Date: December 4, 2023

Break Free from Financial Biases for a More Comfortable Retirement

As a fee-only fiduciary financial advisor in New Haven, I’ve seen firsthand how financial biases can be the unseen pitfalls in the path of many people seeking a comfortable retirement. Using proactive, defensive retirement planning and sophisticated investment management strategies, we aim to help you prepare for and manage market volatility and other factors that can negatively impact your hard-earned retirement assets.  But here’s the catch: even savvy investors succumb to potential biases that cloud judgment and cause poor financial […]   Read More
Date: November 27, 2023

Confident Retirement Planning in 2024: Overcoming Market Uncertainties

In a climate of rising volatility and speculation about a looming recession in 2024, charting your path to retirement might feel like steering a ship through stormy waters. You’ve worked hard to accumulate a substantial retirement nest egg as a professional, business owner, or executive. Now, you need a comprehensive retirement plan to protect your wealth during your 30+ years of retirement and document how you want your assets distributed to family members. In the short run, you need a […]   Read More
Date: October 9, 2023

Retirement Amid 2024 Uncertainties: Planning Ahead with Confidence

2024 could be very challenging, with the potential for a recession during an election year. In other words, several uncertainties could increase market volatility. This uncertainty is compounded if you plan to retire in 2024 or recently retire. You may have a lot of questions or concerns about the future and what you can do to minimize certain risks:    Should I retire in 2024? Have I saved enough for 30 years of retirement? How will market volatility affect my plans? […]   Read More
Date: September 25, 2023

Dreaming of Retirement? Here’s What $3 Million Can Get You

Let’s say you’ve tucked away $3 million for your retirement years in Hartford or New Haven, Connecticut. It might sound like a large amount, but in today’s world of economic uncertainty, inflation, and rising longevity, it’s important to know the real purchasing power of your savings.  In this blog, we’ll explore how viable it is to retire with $3 million in savings and how you can effectively manage these assets with comprehensive retirement planning. Let’s dive in. 1. Retirement Spending […]   Read More
Date: September 18, 2023

Use a Retirement Planner to Avoid Five Critical Retirement Mistakes

Retirement is a distinct phase of life that everyone aspires to reach. It is the time to enjoy the rewards of a lifetime of hard work, saving, and sacrifice. However, it’s important to know that successful retirements require strategic planning by an expert to avoid critical errors that have dire consequences. That’s where the services of an experienced retirement planner in Woodbridge, CT, can be the difference between winning and losing the race.   In this article, we’ll share five of […]   Read More
Date: August 1, 2023

Six Retirement Tips From a Woodbridge, CT, AIF® Financial Advisor

For high-net-worth individuals, retirement planning is not simply about building a nest egg. It involves a complex web of considerations, from maximizing retirement savings to planning for health care late in life. As a fee-only, fiduciary financial advisor based in Woodbridge, CT, I’ve helped hundreds of successful individuals and families create sustainable retirement plans over the last 30 years.   As your wealth accumulates, so should your need for a highly experienced financial professional who has earned the Accredited Investment Fiduciary […]   Read More
Date: June 26, 2023

7 Essential Retirement Planning Tips for High-Net-Worth Individuals

Retirement planning is a critical aspect of prudent financial management, and it becomes even more complex when dealing with substantial wealth and income. High-net-worth individuals face unique challenges and opportunities when preparing for their golden years, and having the right strategic plan in place is essential. In this article, we will explore seven key considerations that can help you navigate the complexities of retirement planning as a high-net-worth individual and your family.    Read our Quick Guide on Connecticut Retirement […]   Read More
Date: June 19, 2023

“What if I Run Out of Money?”

Is a recession coming? Are you worried about running out of money after retirement? With the financial uncertainties caused by a likely 2023/2024 recession, global economic turmoil and increasing life expectancies, even some affluent families and individuals are growing apprehensive about their financial future.  However, there is a way to ease those fears—by getting proactive. If you create a comprehensive financial plan for your post-retirement years, you can ensure that your retirement savings last throughout your life. We just need […]   Read More
Date: March 31, 2023

How a 2023 Recession May Impact the Elderly

As the economy continues to show uncertainty, many people are asking themselves how a potential recession in 2023 may impact their finances and future plans. This is especially vital for the elderly population: People living on fixed incomes are facing heightened levels of financial concern alongside retirees-to-be with fewer working-age years left before retirement age.  Even financially independent families and individuals should be aware of the potential risks posed by a 2023 recession. It’s vital to understand which actions taken […]   Read More
Date: March 30, 2023