Dealing With Market Volatility

Contributed by: Lewis J. Walker, CFP® Outside of government agency guaranteed savings or insurance company guarantees, market volatility is a fact of life. Take the stock market. Volatility is normal and must be considered in framing your personal Investment Policy. Since we can only theorize the future but not predict the future, expecting and learning…

The 100 Day Syndrome

Contributed by: Lewis J. Walker, CFP® The stock market is not an escalator. Escalators are predictable, offering a smooth ride with the end point visible at the top. Of course, being mechanical, escalators can break down, malfunction, even cause serious injury. The stock market is not mechanical or precisely predictable, despite a constant quest to…

Funding Healthcare Wild Cards

Contributed by: Lewis J. Walker, CFP®   Underpinning most goals, aspirations, and “bucket list” dreams, is the assumption of good health. Of the top eight retirement worries of surveyed workers age 50 or older, three were health related: Declining health that requires long-term care; lack of access to affordable and adequate healthcare; cognitive decline, dementia,…

Succession Planning Is For Everyone

Contributed by Lewis J. Walker, CFP® The first Baby Boomers were born in 1946 as post-W.W. II America expanded with manifold opportunities. As the initial wave turned 30 in the 1970s, we saw bursts of  entrepreneurialism as businesses were founded. Those born in 1946 turn 70 this year as they contemplate Required Minimum Distributions for…

Why Simple Isn’t Simple

Contributed by: Lewis J. Walker, CFP® A popular investment magazine offered a number of age related planning tips. In general the advice made sense, but some of it was deficient in its simplicities. While not naming the magazine to protect the well-meaning, some thoughts. One point was that peak earnings years occur somewhere around age…

A Warning Against Presumption

Contributed by Lewis J. Walker, CFP® There are over 2000 references in the Holy Bible concerning money, possessions, riches, charity, the proper uses of wealth, and the conduct of business. The writers of the Old and New Testaments authored the original financial and life planning guide several thousand years before such concentrations emerged as a…