Nine Guidelines for Retirement Success

This week’s AAII Weekly Digest highlights these “must-read” AAII articles:   Misunderstanding Variable Universal Life Can Lead to Adverse Consequences Many people view variable universal life as similar to whole life and universal life, buying these policies for family protection or associated with estate planning. This article shows, however, that variable universal life policies are…

 

A Guide to Dealing With an Estate Planning Attorney

It is well-known that the best way to motivate someone to go see an estate planning attorney is to arrange a trip to a faraway place. There are, of course, excellent reasons for consulting with an estate planning attorney other than exotic travel. Up-to-date estate plan documents maximize the chance that your wishes with respect…

 

Inherited IRA Rules for Spouses, Heirs and Trusts

This week’s AAII Weekly Digest highlights these “must-read” AAII articles:   Inherited IRA Rules for Spouses, Heirs and Trusts Inherited IRAs have unique traits and do not follow all the same rules as traditional individual retirement accounts and Roth IRAs. Though some similarities exist, the applicable rules are dependent on whether the new owner of…

 

Majority of Readers Have Taken Steps in the Event of Cognitive Impairment

The aging process can hurt your ability to make proper decisions about your finances. On average, 29.2% of individuals aged 80 to 89 have cognitive impairment. While the aging process affects everyone differently, it is important to protect the investment portfolio you have spent years accumulating. Cognitive impairment has a direct, negative impact on a…

 

Vast Majority of Readers Have Named an Estate Trustee Who is Also a Relative

The decision to name a trustee is a complex process that includes weighing and balancing the various factors according to personal preferences and circumstances. A trustee is a person or institution named in a trust agreement to carry out the objectives and follow the terms of the trust. A trustee can be a non-professional individual, a professional individual (such as an…

 

What to Do When You Haven’t Saved Enough for Retirement

This week’s AAII Weekly Digest highlights these “must-read” AAII articles:   The Art of Creating an Investment Policy Statement The approach to building your nest egg should be process-driven. You should document the process you will follow in a written plan, an “investment policy statement” (IPS), that incorporates your short-, mid- and long-term financial goals….

 

My Notes From the CFA Institute’s Annual Conference

I spent the first half of this week at the CFA Institute’s Conference in Philadelphia. The conference is targeted toward CFA charterholders and covers a very wide range of topics. It’s also an international conference, with the third biggest delegation of attendees, behind the U.S. and Canada, coming all the way from South Africa. I’ve…

 

Overwhelming Percentage of Readers Have Estate Plan

Many people do not see an estate plan as necessary, while others recognize the need to plan but have no idea whom to contact or how to begin. Estate planning encompasses much more than simply protecting one’s assets; it provides peace of mind that your assets will pass according to your wishes at the least…

 

AAII Journal May 2017 Issue Now Available

Feature Article: When You Haven’t Saved Enough for Retirement Saving more, working longer, delaying the claiming of Social Security benefits and tapping home equity can all help fund retirement. by Charles Rotblut, CFA In This Issue: Stock Strategies » What Is Your Investing Edge? Many investors focus on trying to gain an information edge, but…