The Art of Creating an Investment Policy Statement

This week’s AAII Weekly Digest highlights these “must-read” AAII articles:   The Art of Creating an Investment Policy Statement To build the nest egg you will need for retirement requires discipline and patience. You must treat your personal income and expenses like a business. Typically, this involves having a financial plan that incorporates short-, mid-…

 

April AAII Journal Update

The April 2018 AAII Journal is Now Available Online.   Feature Article » Are You Spending Too Little in Retirement? by Meir Statman While mental tools and self-control are useful when saving, in retirement, they can stop us from spending on ourselves and family.   Financial Planning » Social Security and Medicare Can Raise Retirees’…

 

Retirement Planning Strategies Following the 2017 Tax Act

This week’s AAII Weekly Digest highlights these “must-read” AAII articles:   Common Questions About Medicaid and Medicaid Planning State and federal governments continue to tinker with Medicaid eligibility and spend-down rules. Estate planning and gifting strategies can be used to preserve assets, while still allowing a person to maintain eligibility for Medicaid. Retirement Planning Strategies…

 

Bill Bengen Discusses His Retirement Withdrawal Strategy

William “Bill” Bengen, whose 1994 study introduced the concept of the 4% withdrawal rate for retirees, recently participated in a question and answer session on social media website Reddit. The conversation focused on retirement withdrawal strategies and portfolio allocation. I’ll provide some highlights here. The full exchange is interesting, though you will want to set…

 

When Should You Begin Collecting Social Security Benefits?

This article originally appeared in the October 2013 issue of the AAII Journal. There are many complex rules governing Social Security benefits. However, four key points can help you make an informed decision about when to claim benefits. To simplify the discussion, several assumptions are made: your Social Security benefits would not be affected by…