Plan For Life Now

In this week's episode, Dave and Steve discuss an article from their favorite columnist, Barry Rithholtz. When does it make sense to use a financial advisor and when are you better off investing on your own?

In this week's show, Dave and Steve discuss the possibility of big losses in your bond portfolio. They also discuss John Hancock's decision to exit the long term care business.

Donald Trump has been elected President in one of the most shocking elections in recent history. Love him or hate him, we all need to think about what this means for your investments and retirement plan going forward. Listen to Dave and Steve discuss the outcome and how to properly position your mindset and portfolio for the next four years.

Should you expect a 5% return over the next 10 years? A new report suggests this is unlikely. Dave and Steve break this down and what it means for your retirement accounts.

In this week’s episode Dave and Steve discuss the .3% cost of living adjustment that Social Security benefits will receive in 2017. How should you think about this in the context of your overall plan? Also, how will predicted Medicare increases impact what little COLA you are hoping to receive?

On this week’s show Dave and Steve discuss QCDs and LTC. What is a QCD you ask? Qualified Charitable Distributions allow you to donate required minimum distributions to a charity to reduce your adjusted gross income. As always, Dave provides insight into the ever changing landscape of Long Term Care insurance. Last, but not least, Dave and Steve continue their Redskin predictions trying to get back into the win column.

There has been one question on the top of everyone's mind with regards to their portfolio: How will the upcoming election affect my investments? While no one knows the answer, we can use history as a guide. Dave and Steve take a closer look at historical returns based on who controls the White House, House and Senate.

On this week's episode of Plan for Life Now, Dave and Steve discuss football legend Sam Huff. His public and painful battle with dementia has led to difficult choices for his family members. They also touch on social security claiming and the advice you receive from the Social Security administration.

In this week’s episode Dave and Steve renew their tradition of picking the Redskins games. They also revisit the upcoming deadline for people holding the Federal Long Term Care insurance plan. In addition, they tackle the recent news of the Wells Fargo settlement for opening fake accounts. What types of conflicts of interest can exist between an advisor and their client? How can you attempt to minimize these conflicts?

In this week's episode of Plan for Life Now, Dave and Steve explore the psychology of the investor. What are investors thinking and feeling right now? What psychological mistakes are we all hardwired to make when it comes to investing? And most important of all, how can we avoid making these in our own retirement plan.