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Investment Strategy, Personal Finance Alex Voorhees Investment Strategy, Personal Finance Alex Voorhees

How Cash Can Earn You More Than 0%

Do you know the interest rate you’re earning on your savings account? The last time I checked, my “high-yield” savings was paying a meager .4%. When savings accounts pay nearly 0% in interest, as they did from 2002-2004 or 1992-1994, it is tempting to think of cash as a worthless investment.

But as investors found out during the Covid-19 crisis, 2008 financial recession, and many recessions prior, cash was anything but worthless.

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Retirement Planning Alex Voorhees Retirement Planning Alex Voorhees

My Retirement Checklist

My family thrives on checklists because without them we would almost certainly head to the beach for a long vacation without sunscreen or our swim trunks.

Preparing for retirement can feel a bit like a really long vacation, constantly wondering if there’s something you haven’t thought of. That’s why I created my 33 item retirement checklist to walk clients through as they prepare for retirement.

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Retirement Planning Alex Voorhees Retirement Planning Alex Voorhees

My Retirement Checklist (Part 3)

Last week we discussed how to evaluate whether your investment and tax plan are optimized to be working toward your retirement income goals.

In the final part of my Retirement Checklist series, we will discuss how to make sure you’re making cost-effective decisions about Medicare and other insurance, and evaluating the best Social Security strategy for yourself.

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Retirement Planning Alex Voorhees Retirement Planning Alex Voorhees

My Retirement Checklist (Part 2)

Last week we discussed the foundation for your retirement - calculating in detail your income and expenses at various stages throughout retirement. This week, we will discuss how to evaluate whether your investment and tax plan are working toward your retirement goals. While working with a trusted and competent advisor can be helpful for all items of the retirement checklist, they can be especially helpful in the area of investments and taxes discussed below.

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Retirement Planning Alex Voorhees Retirement Planning Alex Voorhees

My Retirement Checklist (Part 1)

My family thrives on checklists because without them we would almost certainly head to the beach for a long vacation without sunscreen or our swim trunks. Preparing for retirement can feel a bit like a really long vacation, constantly wondering if there’s something you haven’t thought of. That’s why I created my retirement checklist to walk clients through as they prepare for retirement.

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Investment Strategy Alex Voorhees Investment Strategy Alex Voorhees

Doing Nothing Is Hard

“A genius is the man who can do the average thing when everyone else around him is losing his mind.”—Napoleon

Investing sounds easy in theory.

(1) design a portfolio based on goals and risk tolerance

(2) set guidelines for when and how changes should be made

(3) then get out of its way  

As anyone who has been investing for some time will tell you, it is anything but easy.

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