The Relaxing Retirement Coach Blog

Tuesday, March 6th, 2018

BEWARE: “Retire Reassured”

Did you see this headline last week?

On Tuesday, February 27th, in big bold RED letters above The Wall Street Journal newspaper name across the top of the newspaper, was the headline, “RETIRE REASSURED, The fear of outliving your money is real, but has a solution been right in front of us all along? See Page A5.”

In tiny letters in the top left-hand corner was the …

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Monday, February 19th, 2018

Market Corrections and Time

Most Americans walk proudly and carefree when market prices are climbing.

Risk becomes irrelevant. Strategic asset allocation looks boring, and disciplined diversification gets called into question because some asset classes outpace others. Many begin to lament not having all of their money in the winning asset class over the last year.

The fact that markets correct all the time and have experienced many ugly stretches during their …

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Friday, January 5th, 2018

We Begin 2018 With That Word Again

While shooting baskets at the gym with my son Michael down in Chatham last weekend, I observed him do something I’ve seen him do dozens of times over the years. Something we’re all guilty of and can learn from as I will expand on in a moment.

As I rebounded and fed him the ball after warming up for a bit, he went on a roll …

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Friday, December 8th, 2017

The Morningstar Rating Mirage

A couple weeks ago, new Relaxing Retirement members asked a very good question which prompted an important answer that I’d like to share with you. This is a very important issue to understand on many levels.

As we were reviewing their new Retirement Bucket Strategy™, they casually asked, “we assume that we’ll use 5-star rated funds to fill out our allocation” (almost assuming an affirmative answer.)

What …

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Friday, November 3rd, 2017

Should You Buy or Rent a Second Home?

Two Relaxing Retirement members have asked the same question in the same week: we’re thinking about buying a vacation home instead of renting again this winter? What do you think?

I have witnessed this progression with members countless times over the years: rent for a week in Florida or Arizona. Then, two weeks the next year. Then, a month. Then, two months, etc….until they really develop …

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Friday, October 20th, 2017

Happy 30 Year Anniversary

Do you know what yesterday was?

If you don’t: a) that’s a good sign, and b) there is a lesson for you going forward!

Yesterday, October 19, 2017 marked the 30th anniversary of the largest single day decline in stock prices.

On October 19, 1987, the Dow Jones Industrial Average fell 22.6%, and the S&P 500 fell 20.5% in one day.

Yes, you read that correctly. 22.6% in one …

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Friday, September 8th, 2017

What Can We Conclude From This?

An article in this past weekend’s Wall Street Journal was titled, “Investors Have Stopped Pulling Money From Stock Market…Longest Streak of Equity Withdrawals in 13 Years Has Come to an End.”

This sounds like a pretty big deal, doesn’t it?

The article goes on to say that Americans withdrew $30 billion from equity mutual and exchange traded funds over a 10-week span this summer, the longest streak …

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Tuesday, August 15th, 2017

How Often Do You Experience Investing Pain?

Is it possible that two different individuals can have the exact same investment allocation over a 43-year period of time, yet one experiences almost three times more investment “pain” than the other?

At first glance, you might think this is impossible. If two individuals have the exact same investment allocation and they don’t buy or sell anything for forty three years, shouldn’t they both experience the …

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Friday, July 21st, 2017

Put It in a Drawer

A few weeks back, I shared the discussion I had with a new Relaxing Retirement member who asked, “What is our strategy if we have another big market correction?”

You may recall that my first recommendation was to replace the word “if” with “when.”

If history is any indicator of the future, it’s not a matter of “if”; it’s a matter of “when”. In addition to the …

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Friday, June 16th, 2017

The Next Big Market Correction

With the current bull market in its 8th year since the March, 2009 bottom, a week doesn’t go by without someone in the financial media trying to make a name for themselves by predicting the next big stock market correction.

Actually, if you tune into CNBC, you can find one of these predictions nearly every day!

Given all of this talk, it didn’t surprise me when I …

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Friday, May 12th, 2017

Taking Probate Seriously

If you’ve ever had the unfortunate job of settling an estate for a family member or friend who didn’t have a proper plan in place, then you know just how awful the probate process can be.

Unnecessary delays… never ending trips back and forth to the attorney’s office and the courts…. and, of course, fees.

Whenever this subject comes up with a new Relaxing Retirement member, it …

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Friday, April 14th, 2017

Pay Off Your Existing Mortgage?

One of the questions I receive all the time, predominantly from new Relaxing Retirement members, is “should we pay off our existing mortgage”?

That’s a really good question which has no clear cut answer.

My answer always involves asking a lot of questions, so I thought I’d share those with you today in the hope of helping you arrive at a good answer given your unique set …

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