Bogue Asset Management’s Quarterly Investment Letter is available for review, My commentary examines the economic "tug of war" being reflected in the stock market, with improving economic and company fundamentals on the one side, and concerns about debt-related stress points and the longer-term strength of the economic recovery on the other. [See More]
Bernie Madoff’s clients didn't see his Ponzi scheme coming. Could they have? Let's look at four safety tips that would have prevented this from happening and the safeguards that Bogue Asset Management LLC provides in its client relationships: [See More]
How your advisor is compensated does matter. Lately there has been a blurring of the lines with the use of the term “Fee-Based” to describe how one is compensated. I’ll tell you why Fee-Based is not Fee-Only and the difference can be substantial: [See More]
Shopping around for a financial planner? When you are in the process of looking for a financial planner, you should have a consistent interview process to determine which planner is the best for your needs. These are the seven questions that I suggest that you should ask: [See More]
Retirement Income Planning
Retirement Income Planning is creating a distribution strategy of your life savings once you retire. This can include:
- Defining how you are going to live the rest of your life and your cash flow needs after pension, Social Security and other income sources
- Establishing a retirement “safety net” to tap into when the financial markets are at lows.
- Rollover strategies for your employer based retirement plans
- Determining the optimal time to take Social Security
- Determining the best pension payout choices and immediate annuity options
- Establishing a retirement paycheck system to provide for ongoing needs
- Determining your required rate of return in your investment strategy, the corresponding allocation of stocks, bonds and cash to meet this required return and if this is aligned with your tolerance for risk
- Adjusting the risk/return level of the portfolio; eliminating risk when not needed and only increasing risk if needed (ongoing client engagements)
- Maximizing the tax efficiency of withdrawals using taxable, tax-deferred and tax free investment accounts and resources
- Determining which asset class (or sub-class) to withdrawal based on current market conditions and valuations.
- Determining the risk of long term care needs and if long term care insurance or other options are appropriate.
- Determining if a reverse mortgage is a viable option and the making optimal elections with the choices available