The myRA Retirement Accounts are Now a Reality

Way back in February 2014, I penned a blog about a new option for workers whose employers did not have a workplace savings plan. It was dubbed the myRA and was designed as a starter savings account. President Obama discussed the new savings option in his State of the Union Address last year and the U.S…. Read More

Secret 2 to Making Effective New Years Resolutions

Part 2 of 3

How are you doing with starting small on your New Year’s resolutions? Have you adjusted your list yet? Recalibrated any of your goals to start small? I love my new start small goal. My meditation practice is up to 14 minutes and climbing. Remember, small changes are easy changes. Life is meant to be a… Read More

The Best Gift from Gen 1 to Gen 2

The Goering Center

Goering Center NewsletterJanuary 15, 2015by: Mackey McNeill He is 62, the first generation. She is 40, the second generation. They are ready to make the transition from Gen 1 to Gen 2. While the challenges are many, varied and complex, the financial issues that arise in this transfer of wealth provide an underpinning of success… Read More

The Three Secrets to Making Effective New Years Resolutions

Part 1 of 3

For years I made sweeping New Years resolutions. Losing weight was always on the top of list. The rest of the list consisted of a variety of things I wanted to change in my life. The items on the list were bound together like a sailors knot by the “should” word. My resolutions provided an… Read More

Sustainable Withdrawal Rates – Part 2

As mentioned in part I: Sustainable Withdrawal Rates, estimating the correct amount to withdraw from your retirement savings is critical in ensuring you make your investments last for your entire life as well as your spouses. Part II focuses on the various techniques that can be employed to minimize the risk associated with outliving your… Read More

Sustainable Withdrawal Rates – Part 1

You’ve worked hard your entire life and you’ve saved diligently to make sure you’d have financial freedom in retirement. Now that you are either in retirement or getting close to it, you need to make sure your finances, i.e. what you have in your retirement portfolio, lasts the rest of your life and possibly that… Read More

Do you really own a business?

Or does it own you?

As business owners, it is so easy to let the business become your life. So much to do, so little time. At least that is what we tell ourselves. For life to be worthwhile, it needs balance, and most business owners I meet have precious little of that in their lives. I think we have… Read More

Dollar Cost Averaging

If fear of the market keeps you up at night, one of the best and most effective ways to take advantage of any market event, good or bad, is to consider using an investment strategy called dollar cost averaging. You can automate this method to force you to invest on a regular basis regardless of… Read More

Diversification – Creating a Balanced Investment Portfolio

One method to alleviate your fear of the market is to do your homework on “the market”. Not all assets behave in the same manner at the same time. Some go up when others go down. By building a portfolio that takes this into consideration, you spread your risk across all areas of the market…. Read More

Creating a Board of Advisors – The First Meeting

Part 6 of 6

This is the sixth & final in a series of blogs posts about my personal journey to putting a Board of Advisors together. To view all blog posts on our Board of Advisors please click here.  Ready, set go!  Everyone arrived on time and we had a great dinner at my home.  The caterers made life… Read More