Since 2020 members of the Ruedi Wealth team have been writing weekly investing and retirement planning columns for our local newspaper, The News-Gazette.
What was hyped as the investment of the century turned out to be yet another cautionary tale about the dangers of chasing the hot stock of the day. Though some initial investors had the chance to come out ahead, almost every post-IPO buyer of SpaceX is currently sitting on losses.
Today I want to talk about one of the most important questions: how much will I need to spend during retirement?
Most retirees have heard about the monetary benefits of delaying Social Security. But that didn’t stop roughly a quarter of men and women from signing up for Social Security at the earliest possible age (62) in 2024 per Social Security Administration data.
Hedge funds have a certain mystique about them, but they are often bad investments for typical investors due to their high fees and potential for their risky investment strategies to completely blow up.
As I was celebrating Independence Day this year, I couldn’t help but think of one of the pieces of financial jargon you may hear in the retirement and financial planning industry: financial independence.
As strange as it sounds, I often tell clients I hope they get a tough bear market early in retirement. That is because a bear market is the ultimate test of a retirement planning process.