Posts by Ben Rickey
Spending that Nest Egg Wisely in Retirement
It’s difficult enough to plan and save right for retirement, given today’s topsy-turvy financial markets. What’s more, it can be a bit of a puzzle in those Golden Years to come up with the right withdrawal plan. The idea, of course, is to find that balance between spending down a portfolio while maintaining the right…
Read MoreThe Importance of Maxing out Contributions to Employer Sponsored Plan Accounts
According to the Employee Benefit Research Institute, only about 4 in 10 workers contributed to an employment-based retirement plan in 2011. This means that the other 60 percent of workers could be missing out on one of the most valuable retirement tools available to them. There are some significant benefits associated with contributing to such…
Read MoreGeneration X and Last-Minute Retirement Planning
Procrastination is rarely a good thing. When it comes to retirement planning, Generation X can’t afford to wait until the last minute. According to a recent Pew Charitable Trusts study and a PwC survey cited by Bankrate.com, Generation X is struggling to save for retirement. Moreover, experts say Generation X was hit hardest by the…
Read MoreMillennials and Their Money: 3 Tips for Overcoming Investing Fears
When it comes to Millennials—Americans ages 18 to 29—and their money, most have a sinking feeling that investing in the stock market is like boarding the Titanic. According to a recent Bankrate.com study cited by a recent The Street article, younger people prefer cash or cash equivalent investments. How can a young person get over…
Read More5 Essentials for Early Retirement Planning
Who wouldn’t want to retire early and pursue their own goals and desires? The problem is that without sensible retirement planning it can be difficult to save up enough to retire at 65 and even harder to get to that point early. To help, here are five things you can do to help get yourself…
Read More3 Steps to Prevent and Avoid Fights Over Estates
A death in the family is traumatic and stressful, and something which all affected must come to terms with in their own way and in their own time. Unfortunately, the time during which emotions are running hot are usually also when family members need to come together and agree. In this ‘perfect storm’ of emotions,…
Read MoreNew Baby? Saving for their Future and Yours
Congratulations! You are the proud parent of a bouncing baby boy or girl. Better yet, maybe one is on the way. Suddenly you feel compelled, almost inexplicably to start them a savings plan. You might have even searched the internet for “Educational Savings Accounts” and had this come up. I hate to burst your bubble,…
Read MoreI’m Getting Divorced. Who Can Help Me?
If you are going through a divorce right now, chances are high that you have a lot on your plate dealing with the death of your union. If you are the spouse who didn’t have much to do with managing the finances, you’re probably just now trying to learn what all of these things are…401(k),…
Read MoreDealing with Times of Transition
I am putting together a series of blog posts on dealing with times of transition. These are not meant to “put a bow” on a complex situation, but to highlight a couple of items that are easy to miss when you are making complicated decisions that have long term consequences in a time when you…
Read MoreUpdate from Yale
Every year LPL’s Advisory leadership takes over one of the premier business schools in the country. Active professors take advisors through the cutting edge of finance in academia. It is the most worthwhile conference of the year for me. This year, the top 125 Advisory practices at LPL took over the Yale School of Management.…
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