�ݺ�ߣshows by User: Lfranksr

�ݺ�ߣshows by User: Lfranksr / http://www.slideshare.net/images/logo.gif �ݺ�ߣshows by User: Lfranksr / Mon, 13 Mar 2023 23:09:47 GMT �ݺ�ߣShare feed for �ݺ�ߣshows by User: Lfranksr The Dynamic Implications of Sequence Risk on a Distribution Portfolio Journal of Financial Planning.pdf /slideshow/the-dynamic-implications-of-sequence-risk-on-a-distribution-portfolio-journal-of-financial-planningpdf/256465351 thedynamicimplicationsofsequenceriskonadistributionportfoliojournaloffinancialplanning-230313230948-2aba2737
A practical method for advisers to measure exposure to sequence risk is through evaluation of the current probability of failure rate (which I've later renames as iteration failure rate to reflect measurement of the Monte Carlo simulation rather than the plan itself - two different things). This paper lead to a deeper investigation of failure rates thus leading to two subsequent papers discovering the three-dimensional nature of simulations over various time periods and allocations, as well as application of longevity to the simulation modeling.]]>
A practical method for advisers to measure exposure to sequence risk is through evaluation of the current probability of failure rate (which I've later renames as iteration failure rate to reflect measurement of the Monte Carlo simulation rather than the plan itself - two different things). This paper lead to a deeper investigation of failure rates thus leading to two subsequent papers discovering the three-dimensional nature of simulations over various time periods and allocations, as well as application of longevity to the simulation modeling.]]> Mon, 13 Mar 2023 23:09:47 GMT /slideshow/the-dynamic-implications-of-sequence-risk-on-a-distribution-portfolio-journal-of-financial-planningpdf/256465351 Lfranksr@slideshare.net(Lfranksr) The Dynamic Implications of Sequence Risk on a Distribution Portfolio Journal of Financial Planning.pdf Lfranksr A practical method for advisers to measure exposure to sequence risk is through evaluation of the current probability of failure rate (which I've later renames as iteration failure rate to reflect measurement of the Monte Carlo simulation rather than the plan itself - two different things). This paper lead to a deeper investigation of failure rates thus leading to two subsequent papers discovering the three-dimensional nature of simulations over various time periods and allocations, as well as application of longevity to the simulation modeling. <img style="border:1px solid #C3E6D8;float:right;" alt="" src="https://cdn.slidesharecdn.com/ss_thumbnails/thedynamicimplicationsofsequenceriskonadistributionportfoliojournaloffinancialplanning-230313230948-2aba2737-thumbnail.jpg?width=120&height=120&fit=bounds" /> A practical method for advisers to measure exposure to sequence risk is through evaluation of the current probability of failure rate (which I've later renames as iteration failure rate to reflect measurement of the Monte Carlo simulation rather than the plan itself - two different things). This paper lead to a deeper investigation of failure rates thus leading to two subsequent papers discovering the three-dimensional nature of simulations over various time periods and allocations, as well as application of longevity to the simulation modeling.

The Dynamic Implications of Sequence Risk on a Distribution Portfolio Journal of Financial Planning.pdf from Better Financial Education

]]> 9 0 https://cdn.slidesharecdn.com/ss_thumbnails/thedynamicimplicationsofsequenceriskonadistributionportfoliojournaloffinancialplanning-230313230948-2aba2737-thumbnail.jpg?width=120&height=120&fit=bounds document Black http://activitystrea.ms/schema/1.0/post

http://activitystrea.ms/schema/1.0/posted

0 Skittles_Quilt Chart 2022.pdf /Lfranksr/skittlesquilt-chart-2022pdf skittlesquiltchart2022-220521181434-fba10178
Can You Pick The Next Winner? Asset Class Performance 2002‐2021 of various global markets. Pick any color in any earlier year and see what happened in any later year. Bottom go up and top go down randomly. *Note the 20 year results also change asset class positions over the years (don't predict the future).]]>
Can You Pick The Next Winner? Asset Class Performance 2002‐2021 of various global markets. Pick any color in any earlier year and see what happened in any later year. Bottom go up and top go down randomly. *Note the 20 year results also change asset class positions over the years (don't predict the future).]]> Sat, 21 May 2022 18:14:34 GMT /Lfranksr/skittlesquilt-chart-2022pdf Lfranksr@slideshare.net(Lfranksr) Skittles_Quilt Chart 2022.pdf Lfranksr Can You Pick The Next Winner? Asset Class Performance 2002‐2021 of various global markets. Pick any color in any earlier year and see what happened in any later year. Bottom go up and top go down randomly. *Note the 20 year results also change asset class positions over the years (don't predict the future). <img style="border:1px solid #C3E6D8;float:right;" alt="" src="https://cdn.slidesharecdn.com/ss_thumbnails/skittlesquiltchart2022-220521181434-fba10178-thumbnail.jpg?width=120&height=120&fit=bounds" /> Can You Pick The Next Winner? Asset Class Performance 2002‐2021 of various global markets. Pick any color in any earlier year and see what happened in any later year. Bottom go up and top go down randomly. *Note the 20 year results also change asset class positions over the years (don't predict the future).

Skittles_Quilt Chart 2022.pdf from Better Financial Education

]]> 646 0 https://cdn.slidesharecdn.com/ss_thumbnails/skittlesquiltchart2022-220521181434-fba10178-thumbnail.jpg?width=120&height=120&fit=bounds presentation Black http://activitystrea.ms/schema/1.0/post

http://activitystrea.ms/schema/1.0/posted

0 the-rewarding-distribution-of-us-stock-market-returns.pdf /slideshow/therewardingdistributionofusstockmarketreturnspdf/251828880 the-rewarding-distribution-of-us-stock-market-returns-220521181108-fca5ac62
Annual stock market returns are unpredictable, but “up” years have occurred much more frequently than “down” years in the US. That may be reassuring to investors, especially if they find market downturns unsettling. The US stock market posted positive returns in 75% of thecalendar years from 1926 through 2021. • The market gained an annualized average of 10.2% during this period. Yet nearly two-thirds of yearly observations were at least 10 percentage points above or below the average. • Another noteworthy trend: More than two-thirds of the down years were followed by up years. The most recent example: a 5.0% loss in 2018 followed by a 30.4% gain in 2019.]]>
Annual stock market returns are unpredictable, but “up” years have occurred much more frequently than “down” years in the US. That may be reassuring to investors, especially if they find market downturns unsettling. The US stock market posted positive returns in 75% of thecalendar years from 1926 through 2021. • The market gained an annualized average of 10.2% during this period. Yet nearly two-thirds of yearly observations were at least 10 percentage points above or below the average. • Another noteworthy trend: More than two-thirds of the down years were followed by up years. The most recent example: a 5.0% loss in 2018 followed by a 30.4% gain in 2019.]]> Sat, 21 May 2022 18:11:08 GMT /slideshow/therewardingdistributionofusstockmarketreturnspdf/251828880 Lfranksr@slideshare.net(Lfranksr) the-rewarding-distribution-of-us-stock-market-returns.pdf Lfranksr Annual stock market returns are unpredictable, but “up” years have occurred much more frequently than “down” years in the US. That may be reassuring to investors, especially if they find market downturns unsettling. The US stock market posted positive returns in 75% of thecalendar years from 1926 through 2021. • The market gained an annualized average of 10.2% during this period. Yet nearly two-thirds of yearly observations were at least 10 percentage points above or below the average. • Another noteworthy trend: More than two-thirds of the down years were followed by up years. The most recent example: a 5.0% loss in 2018 followed by a 30.4% gain in 2019. <img style="border:1px solid #C3E6D8;float:right;" alt="" src="https://cdn.slidesharecdn.com/ss_thumbnails/the-rewarding-distribution-of-us-stock-market-returns-220521181108-fca5ac62-thumbnail.jpg?width=120&height=120&fit=bounds" /> Annual stock market returns are unpredictable, but “up” years have occurred much more frequently than “down” years in the US. That may be reassuring to investors, especially if they find market downturns unsettling. The US stock market posted positive returns in 75% of thecalendar years from 1926 through 2021. • The market gained an annualized average of 10.2% during this period. Yet nearly two-thirds of yearly observations were at least 10 percentage points above or below the average. • Another noteworthy trend: More than two-thirds of the down years were followed by up years. The most recent example: a 5.0% loss in 2018 followed by a 30.4% gain in 2019.

the-rewarding-distribution-of-us-stock-market-returns.pdf from Better Financial Education

]]> 599 0 https://cdn.slidesharecdn.com/ss_thumbnails/the-rewarding-distribution-of-us-stock-market-returns-220521181108-fca5ac62-thumbnail.jpg?width=120&height=120&fit=bounds presentation Black http://activitystrea.ms/schema/1.0/post

http://activitystrea.ms/schema/1.0/posted

0 Prototype software example of aging model incorporating both portfolio and longevity percentile statistics along with consumer spending trend line /slideshow/prototype-software-example-of-aging-model-incorporating-both-portfolio-and-longevity-percentile-statistics-along-with-consumer-spending-trend-line/250469292 prototypesoftwareexampleofagingmodelincorporatingbothportfolioandlongevitypercentilestatisticsalongw-211018125313
This first appeared in blog post that describes the graphs in more details https://blog.betterfinancialeducation.com/sustainable-retirement/what-are-the-three-paradigms-of-retirement-planning/ Prototype software example of aging model incorporating both portfolio and longevity percentile statistics along with consumer spending trend line of “Real People” (which is not based here on spending percentile statistics, but on research averages). Starting balance $500,000 with $36,000 Social Security. Two simple graphs by age answer many retiree questions about potential future spending and balances. Creates a whole different discussion. Also illustrates why age 95 is a poor reference for planning since it doesn’t plan or consider aging into future ages from the beginning of retirement.]]>
This first appeared in blog post that describes the graphs in more details https://blog.betterfinancialeducation.com/sustainable-retirement/what-are-the-three-paradigms-of-retirement-planning/ Prototype software example of aging model incorporating both portfolio and longevity percentile statistics along with consumer spending trend line of “Real People” (which is not based here on spending percentile statistics, but on research averages). Starting balance $500,000 with $36,000 Social Security. Two simple graphs by age answer many retiree questions about potential future spending and balances. Creates a whole different discussion. Also illustrates why age 95 is a poor reference for planning since it doesn’t plan or consider aging into future ages from the beginning of retirement.]]> Mon, 18 Oct 2021 12:53:13 GMT /slideshow/prototype-software-example-of-aging-model-incorporating-both-portfolio-and-longevity-percentile-statistics-along-with-consumer-spending-trend-line/250469292 Lfranksr@slideshare.net(Lfranksr) Prototype software example of aging model incorporating both portfolio and longevity percentile statistics along with consumer spending trend line Lfranksr This first appeared in blog post that describes the graphs in more details https://blog.betterfinancialeducation.com/sustainable-retirement/what-are-the-three-paradigms-of-retirement-planning/ Prototype software example of aging model incorporating both portfolio and longevity percentile statistics along with consumer spending trend line of “Real People” (which is not based here on spending percentile statistics, but on research averages). Starting balance $500,000 with $36,000 Social Security. Two simple graphs by age answer many retiree questions about potential future spending and balances. Creates a whole different discussion. Also illustrates why age 95 is a poor reference for planning since it doesn’t plan or consider aging into future ages from the beginning of retirement. <img style="border:1px solid #C3E6D8;float:right;" alt="" src="https://cdn.slidesharecdn.com/ss_thumbnails/prototypesoftwareexampleofagingmodelincorporatingbothportfolioandlongevitypercentilestatisticsalongw-211018125313-thumbnail.jpg?width=120&height=120&fit=bounds" /> This first appeared in blog post that describes the graphs in more details https://blog.betterfinancialeducation.com/sustainable-retirement/what-are-the-three-paradigms-of-retirement-planning/ Prototype software example of aging model incorporating both portfolio and longevity percentile statistics along with consumer spending trend line of “Real People” (which is not based here on spending percentile statistics, but on research averages). Starting balance $500,000 with $36,000 Social Security. Two simple graphs by age answer many retiree questions about potential future spending and balances. Creates a whole different discussion. Also illustrates why age 95 is a poor reference for planning since it doesn’t plan or consider aging into future ages from the beginning of retirement.

Prototype software example of aging model incorporating both portfolio and longevity percentile statistics along with consumer spending trend line from Better Financial Education

]]> 701 0 https://cdn.slidesharecdn.com/ss_thumbnails/prototypesoftwareexampleofagingmodelincorporatingbothportfolioandlongevitypercentilestatisticsalongw-211018125313-thumbnail.jpg?width=120&height=120&fit=bounds document Black http://activitystrea.ms/schema/1.0/post

http://activitystrea.ms/schema/1.0/posted

0 Bio napfa article june 2021 /slideshow/bio-napfa-article-june-2021/249466116 bionapfaarticlejune2021-210623205843
Finding the parallels between flying a jet and helping people develop financial plans may be difficult for the average person, but for Larry R. Frank Sr., the similarities between these two activities are crystal clear.]]>
Finding the parallels between flying a jet and helping people develop financial plans may be difficult for the average person, but for Larry R. Frank Sr., the similarities between these two activities are crystal clear.]]> Wed, 23 Jun 2021 20:58:43 GMT /slideshow/bio-napfa-article-june-2021/249466116 Lfranksr@slideshare.net(Lfranksr) Bio napfa article june 2021 Lfranksr Finding the parallels between flying a jet and helping people develop financial plans may be difficult for the average person, but for Larry R. Frank Sr., the similarities between these two activities are crystal clear. <img style="border:1px solid #C3E6D8;float:right;" alt="" src="https://cdn.slidesharecdn.com/ss_thumbnails/bionapfaarticlejune2021-210623205843-thumbnail.jpg?width=120&height=120&fit=bounds" /> Finding the parallels between flying a jet and helping people develop financial plans may be difficult for the average person, but for Larry R. Frank Sr., the similarities between these two activities are crystal clear.

Bio napfa article june 2021 from Better Financial Education

]]> 165 0 https://cdn.slidesharecdn.com/ss_thumbnails/bionapfaarticlejune2021-210623205843-thumbnail.jpg?width=120&height=120&fit=bounds document Black http://activitystrea.ms/schema/1.0/post

http://activitystrea.ms/schema/1.0/posted

0 A question of equilibrium - can there be more buyers than sellers? Or more sellers than buyers? /slideshow/a-question-of-equilibrium-can-there-be-more-buyers-than-sellers-or-more-sellers-than-buyers/120475890 aquestionofequilibrium-181023193713
Have you ever wondered who is buying if so many people are selling? The notion that sellers can outnumber buyers on down days doesn’t make sense. What the newscasters should say, of course, is that prices adjusted lower because would-be buyers weren’t prepared to pay the former price. What happens in such a case is either the would-be sellers sit on their shares or prices quickly adjust to the point where supply and demand come into balance and transactions occur at a price that both buyers and sellers find mutually beneficial. Economists refer to this as equilibrium. ]]>
Have you ever wondered who is buying if so many people are selling? The notion that sellers can outnumber buyers on down days doesn’t make sense. What the newscasters should say, of course, is that prices adjusted lower because would-be buyers weren’t prepared to pay the former price. What happens in such a case is either the would-be sellers sit on their shares or prices quickly adjust to the point where supply and demand come into balance and transactions occur at a price that both buyers and sellers find mutually beneficial. Economists refer to this as equilibrium. ]]> Tue, 23 Oct 2018 19:37:13 GMT /slideshow/a-question-of-equilibrium-can-there-be-more-buyers-than-sellers-or-more-sellers-than-buyers/120475890 Lfranksr@slideshare.net(Lfranksr) A question of equilibrium - can there be more buyers than sellers? Or more sellers than buyers? Lfranksr Have you ever wondered who is buying if so many people are selling? The notion that sellers can outnumber buyers on down days doesn’t make sense. What the newscasters should say, of course, is that prices adjusted lower because would-be buyers weren’t prepared to pay the former price. What happens in such a case is either the would-be sellers sit on their shares or prices quickly adjust to the point where supply and demand come into balance and transactions occur at a price that both buyers and sellers find mutually beneficial. Economists refer to this as equilibrium. <img style="border:1px solid #C3E6D8;float:right;" alt="" src="https://cdn.slidesharecdn.com/ss_thumbnails/aquestionofequilibrium-181023193713-thumbnail.jpg?width=120&height=120&fit=bounds" /> Have you ever wondered who is buying if so many people are selling? The notion that sellers can outnumber buyers on down days doesn’t make sense. What the newscasters should say, of course, is that prices adjusted lower because would-be buyers weren’t prepared to pay the former price. What happens in such a case is either the would-be sellers sit on their shares or prices quickly adjust to the point where supply and demand come into balance and transactions occur at a price that both buyers and sellers find mutually beneficial. Economists refer to this as equilibrium.

A question of equilibrium - can there be more buyers than sellers? Or more sellers than buyers? from Better Financial Education

]]> 890 1 https://cdn.slidesharecdn.com/ss_thumbnails/aquestionofequilibrium-181023193713-thumbnail.jpg?width=120&height=120&fit=bounds document Black http://activitystrea.ms/schema/1.0/post

http://activitystrea.ms/schema/1.0/posted

0 The happiness equation /slideshow/the-happiness-equation-116328265/116328265 thehappinessequation-180924182428
The Happiness Equation as it relates to investing is an interrelationship between your perceptions and expectations of investing and events. How do you manage happiness when you can't manage the markets?]]>
The Happiness Equation as it relates to investing is an interrelationship between your perceptions and expectations of investing and events. How do you manage happiness when you can't manage the markets?]]> Mon, 24 Sep 2018 18:24:28 GMT /slideshow/the-happiness-equation-116328265/116328265 Lfranksr@slideshare.net(Lfranksr) The happiness equation Lfranksr The Happiness Equation as it relates to investing is an interrelationship between your perceptions and expectations of investing and events. How do you manage happiness when you can't manage the markets? <img style="border:1px solid #C3E6D8;float:right;" alt="" src="https://cdn.slidesharecdn.com/ss_thumbnails/thehappinessequation-180924182428-thumbnail.jpg?width=120&height=120&fit=bounds" /> The Happiness Equation as it relates to investing is an interrelationship between your perceptions and expectations of investing and events. How do you manage happiness when you can't manage the markets?

The happiness equation from Better Financial Education

]]> 823 8 https://cdn.slidesharecdn.com/ss_thumbnails/thehappinessequation-180924182428-thumbnail.jpg?width=120&height=120&fit=bounds document Black http://activitystrea.ms/schema/1.0/post

http://activitystrea.ms/schema/1.0/posted

0 Sailing with the tides and investing metaphor /slideshow/sailing-with-the-tides-and-investing-metaphor/90953204 outsidetheflagssailingwiththetidesus-180316193715
A mistake many inexperienced sailors make is not having a plan at all. They embark without a clear sense of their destination. And once they do decide, they often find themselves lost at sea in the wrong boat with inadequate provisions. Destination, contingencies when trouble comes up, course corrections, bad weather and more can happen on the journey. How do you properly prepare for sailing is much the same as investing.]]>
A mistake many inexperienced sailors make is not having a plan at all. They embark without a clear sense of their destination. And once they do decide, they often find themselves lost at sea in the wrong boat with inadequate provisions. Destination, contingencies when trouble comes up, course corrections, bad weather and more can happen on the journey. How do you properly prepare for sailing is much the same as investing.]]> Fri, 16 Mar 2018 19:37:15 GMT /slideshow/sailing-with-the-tides-and-investing-metaphor/90953204 Lfranksr@slideshare.net(Lfranksr) Sailing with the tides and investing metaphor Lfranksr A mistake many inexperienced sailors make is not having a plan at all. They embark without a clear sense of their destination. And once they do decide, they often find themselves lost at sea in the wrong boat with inadequate provisions. Destination, contingencies when trouble comes up, course corrections, bad weather and more can happen on the journey. How do you properly prepare for sailing is much the same as investing. <img style="border:1px solid #C3E6D8;float:right;" alt="" src="https://cdn.slidesharecdn.com/ss_thumbnails/outsidetheflagssailingwiththetidesus-180316193715-thumbnail.jpg?width=120&height=120&fit=bounds" /> A mistake many inexperienced sailors make is not having a plan at all. They embark without a clear sense of their destination. And once they do decide, they often find themselves lost at sea in the wrong boat with inadequate provisions. Destination, contingencies when trouble comes up, course corrections, bad weather and more can happen on the journey. How do you properly prepare for sailing is much the same as investing.

Sailing with the tides and investing metaphor from Better Financial Education

]]> 668 2 https://cdn.slidesharecdn.com/ss_thumbnails/outsidetheflagssailingwiththetidesus-180316193715-thumbnail.jpg?width=120&height=120&fit=bounds document Black http://activitystrea.ms/schema/1.0/post

http://activitystrea.ms/schema/1.0/posted

0 Key questions for the long term investor /slideshow/key-questions-for-the-long-term-investor/81469350 keyquestionsforthelong-terminvestor-171101160116
9 key questions every investor asks themselves eventually. Here are some short answers with academic foundations.]]>
9 key questions every investor asks themselves eventually. Here are some short answers with academic foundations.]]> Wed, 01 Nov 2017 16:01:16 GMT /slideshow/key-questions-for-the-long-term-investor/81469350 Lfranksr@slideshare.net(Lfranksr) Key questions for the long term investor Lfranksr 9 key questions every investor asks themselves eventually. Here are some short answers with academic foundations. <img style="border:1px solid #C3E6D8;float:right;" alt="" src="https://cdn.slidesharecdn.com/ss_thumbnails/keyquestionsforthelong-terminvestor-171101160116-thumbnail.jpg?width=120&height=120&fit=bounds" /> 9 key questions every investor asks themselves eventually. Here are some short answers with academic foundations.

Key questions for the long term investor from Better Financial Education

]]> 846 3 https://cdn.slidesharecdn.com/ss_thumbnails/keyquestionsforthelong-terminvestor-171101160116-thumbnail.jpg?width=120&height=120&fit=bounds document Black http://activitystrea.ms/schema/1.0/post

http://activitystrea.ms/schema/1.0/posted

0 The uncommon average /slideshow/the-uncommon-average/80585195 theuncommonaverage-171008201302
When setting expectations, it’s helpful to see the range of outcomes experienced by investors historically. For example, how often have the stock market’s annual returns actually aligned with its long-term average? Better yet, how often are the markets positive?]]>
When setting expectations, it’s helpful to see the range of outcomes experienced by investors historically. For example, how often have the stock market’s annual returns actually aligned with its long-term average? Better yet, how often are the markets positive?]]> Sun, 08 Oct 2017 20:13:02 GMT /slideshow/the-uncommon-average/80585195 Lfranksr@slideshare.net(Lfranksr) The uncommon average Lfranksr When setting expectations, it’s helpful to see the range of outcomes experienced by investors historically. For example, how often have the stock market’s annual returns actually aligned with its long-term average? Better yet, how often are the markets positive? <img style="border:1px solid #C3E6D8;float:right;" alt="" src="https://cdn.slidesharecdn.com/ss_thumbnails/theuncommonaverage-171008201302-thumbnail.jpg?width=120&height=120&fit=bounds" /> When setting expectations, it’s helpful to see the range of outcomes experienced by investors historically. For example, how often have the stock market’s annual returns actually aligned with its long-term average? Better yet, how often are the markets positive?

The uncommon average from Better Financial Education

]]> 848 4 https://cdn.slidesharecdn.com/ss_thumbnails/theuncommonaverage-171008201302-thumbnail.jpg?width=120&height=120&fit=bounds document Black http://activitystrea.ms/schema/1.0/post

http://activitystrea.ms/schema/1.0/posted

0 Retirement phases plan /slideshow/retirement-phases-plan/76635683 retirementphasesplan-170604183520
How many times can you use a source of money in your retirement plan? Turns out, just once, unless you know ahead of time WHEN something is going to happen, or if something was NOT going to happen. Since we don't know either, we need to plan on what resources may solve which issues we have in retirement. That plan should be documented in some fashion, otherwise our minds begin to allocate limited resources to everything - and that's when life happens. This will be discussed in detail on Better Financial Education's blog on the 4th of Oct 2017 http://wp.me/p2Oizj-Jc .]]>
How many times can you use a source of money in your retirement plan? Turns out, just once, unless you know ahead of time WHEN something is going to happen, or if something was NOT going to happen. Since we don't know either, we need to plan on what resources may solve which issues we have in retirement. That plan should be documented in some fashion, otherwise our minds begin to allocate limited resources to everything - and that's when life happens. This will be discussed in detail on Better Financial Education's blog on the 4th of Oct 2017 http://wp.me/p2Oizj-Jc .]]> Sun, 04 Jun 2017 18:35:19 GMT /slideshow/retirement-phases-plan/76635683 Lfranksr@slideshare.net(Lfranksr) Retirement phases plan Lfranksr How many times can you use a source of money in your retirement plan? Turns out, just once, unless you know ahead of time WHEN something is going to happen, or if something was NOT going to happen. Since we don't know either, we need to plan on what resources may solve which issues we have in retirement. That plan should be documented in some fashion, otherwise our minds begin to allocate limited resources to everything - and that's when life happens. This will be discussed in detail on Better Financial Education's blog on the 4th of Oct 2017 http://wp.me/p2Oizj-Jc . <img style="border:1px solid #C3E6D8;float:right;" alt="" src="https://cdn.slidesharecdn.com/ss_thumbnails/retirementphasesplan-170604183520-thumbnail.jpg?width=120&height=120&fit=bounds" /> How many times can you use a source of money in your retirement plan? Turns out, just once, unless you know ahead of time WHEN something is going to happen, or if something was NOT going to happen. Since we don't know either, we need to plan on what resources may solve which issues we have in retirement. That plan should be documented in some fashion, otherwise our minds begin to allocate limited resources to everything - and that's when life happens. This will be discussed in detail on Better Financial Education's blog on the 4th of Oct 2017 http://wp.me/p2Oizj-Jc .

Retirement phases plan from Better Financial Education

]]> 861 4 https://cdn.slidesharecdn.com/ss_thumbnails/retirementphasesplan-170604183520-thumbnail.jpg?width=120&height=120&fit=bounds presentation Black http://activitystrea.ms/schema/1.0/post

http://activitystrea.ms/schema/1.0/posted

0 Portfolio perspectives-january-2017 /slideshow/portfolio-perspectivesjanuary2017/71248777 portfolio-perspectives-january-2017-170121180105
The world is risky. The future is uncertain. And many of the decisions we make can have a pro-found impact on our future welfare. Risk cannot be eliminated, but it can be managed. Blog post for further perspective http://wp.me/p2Oizj-I8 (scheduled to post 17 May 17).]]>
The world is risky. The future is uncertain. And many of the decisions we make can have a pro-found impact on our future welfare. Risk cannot be eliminated, but it can be managed. Blog post for further perspective http://wp.me/p2Oizj-I8 (scheduled to post 17 May 17).]]> Sat, 21 Jan 2017 18:01:05 GMT /slideshow/portfolio-perspectivesjanuary2017/71248777 Lfranksr@slideshare.net(Lfranksr) Portfolio perspectives-january-2017 Lfranksr The world is risky. The future is uncertain. And many of the decisions we make can have a pro-found impact on our future welfare. Risk cannot be eliminated, but it can be managed. Blog post for further perspective http://wp.me/p2Oizj-I8 (scheduled to post 17 May 17). <img style="border:1px solid #C3E6D8;float:right;" alt="" src="https://cdn.slidesharecdn.com/ss_thumbnails/portfolio-perspectives-january-2017-170121180105-thumbnail.jpg?width=120&height=120&fit=bounds" /> The world is risky. The future is uncertain. And many of the decisions we make can have a pro-found impact on our future welfare. Risk cannot be eliminated, but it can be managed. Blog post for further perspective http://wp.me/p2Oizj-I8 (scheduled to post 17 May 17).

Portfolio perspectives-january-2017 from Better Financial Education

]]> 736 2 https://cdn.slidesharecdn.com/ss_thumbnails/portfolio-perspectives-january-2017-170121180105-thumbnail.jpg?width=120&height=120&fit=bounds document Black http://activitystrea.ms/schema/1.0/post

http://activitystrea.ms/schema/1.0/posted

0 Robo advisor-whitepaper /slideshow/robo-advisorwhitepaper/70474702 robo-advisor-whitepaper-161227163820
Robo-advisor portfolios may be well diversified, they also contain construction gaps that should not be present in well-constructed portfolios. Post discussing this in broader context schedule for 3 May 2017 http://wp.me/p2Oizj-HV]]>
Robo-advisor portfolios may be well diversified, they also contain construction gaps that should not be present in well-constructed portfolios. Post discussing this in broader context schedule for 3 May 2017 http://wp.me/p2Oizj-HV]]> Tue, 27 Dec 2016 16:38:19 GMT /slideshow/robo-advisorwhitepaper/70474702 Lfranksr@slideshare.net(Lfranksr) Robo advisor-whitepaper Lfranksr Robo-advisor portfolios may be well diversified, they also contain construction gaps that should not be present in well-constructed portfolios. Post discussing this in broader context schedule for 3 May 2017 http://wp.me/p2Oizj-HV <img style="border:1px solid #C3E6D8;float:right;" alt="" src="https://cdn.slidesharecdn.com/ss_thumbnails/robo-advisor-whitepaper-161227163820-thumbnail.jpg?width=120&height=120&fit=bounds" /> Robo-advisor portfolios may be well diversified, they also contain construction gaps that should not be present in well-constructed portfolios. Post discussing this in broader context schedule for 3 May 2017 http://wp.me/p2Oizj-HV

Robo advisor-whitepaper from Better Financial Education

]]> 985 6 https://cdn.slidesharecdn.com/ss_thumbnails/robo-advisor-whitepaper-161227163820-thumbnail.jpg?width=120&height=120&fit=bounds document Black http://activitystrea.ms/schema/1.0/post

http://activitystrea.ms/schema/1.0/posted

0 Portfolio perspectives-december-2016 /slideshow/portfolio-perspectivesdecember2016/70474608 portfolio-perspectives-december-2016-161227163441
Robo-advisor portfolios may be well diversified, they also contain construction gaps that should not be present in well-constructed portfolios. Post discussing this in broader context schedule for 3 May 2017 http://wp.me/p2Oizj-HV]]>
Robo-advisor portfolios may be well diversified, they also contain construction gaps that should not be present in well-constructed portfolios. Post discussing this in broader context schedule for 3 May 2017 http://wp.me/p2Oizj-HV]]> Tue, 27 Dec 2016 16:34:41 GMT /slideshow/portfolio-perspectivesdecember2016/70474608 Lfranksr@slideshare.net(Lfranksr) Portfolio perspectives-december-2016 Lfranksr Robo-advisor portfolios may be well diversified, they also contain construction gaps that should not be present in well-constructed portfolios. Post discussing this in broader context schedule for 3 May 2017 http://wp.me/p2Oizj-HV <img style="border:1px solid #C3E6D8;float:right;" alt="" src="https://cdn.slidesharecdn.com/ss_thumbnails/portfolio-perspectives-december-2016-161227163441-thumbnail.jpg?width=120&height=120&fit=bounds" /> Robo-advisor portfolios may be well diversified, they also contain construction gaps that should not be present in well-constructed portfolios. Post discussing this in broader context schedule for 3 May 2017 http://wp.me/p2Oizj-HV

Portfolio perspectives-december-2016 from Better Financial Education

]]> 160 3 https://cdn.slidesharecdn.com/ss_thumbnails/portfolio-perspectives-december-2016-161227163441-thumbnail.jpg?width=120&height=120&fit=bounds document Black http://activitystrea.ms/schema/1.0/post

http://activitystrea.ms/schema/1.0/posted

0 Afs 2016-certainty of lifestyle shared /slideshow/afs-2016certainty-of-lifestyle-shared/67676506 afs-2016-certaintyoflifestyleshared-161026135901
This paper essentially demonstrates to academics and the profession that the current method of computing retirement income essentially arrives at a single solution applicable only to today; it does not model the future as currently interpreted. Our paper contrasts the difference between a calculation and a "multi-cast" simulation model. Our research summary paper is published in the Journal of Financial Planning, Nov 2016. A link to the paper is available here "Combining Stochastic Simulations and Actuarial Withdrawals into One Model." ( http://bit.ly/2eLBUq9 ) Our working paper documenting our research project won the CFP® Board Best Research Paper Award at the 2016 Academy of Financial Services ( http://academyfinancial.org/ ) annual conference through an academic panel using a blind review process. "Certainty of Lifestyle: Contrasting a Simulation Over a Fixed Period versus Multiple Period Models" ( http://bit.ly/2dWtuNz ) In early Nov 2016, two blogs will post going into more insights from the research: Just where does the fear of outliving our money come from? Part I with link to Part II. ( http://wp.me/p2Oizj-H2 ) ]]>
This paper essentially demonstrates to academics and the profession that the current method of computing retirement income essentially arrives at a single solution applicable only to today; it does not model the future as currently interpreted. Our paper contrasts the difference between a calculation and a "multi-cast" simulation model. Our research summary paper is published in the Journal of Financial Planning, Nov 2016. A link to the paper is available here "Combining Stochastic Simulations and Actuarial Withdrawals into One Model." ( http://bit.ly/2eLBUq9 ) Our working paper documenting our research project won the CFP® Board Best Research Paper Award at the 2016 Academy of Financial Services ( http://academyfinancial.org/ ) annual conference through an academic panel using a blind review process. "Certainty of Lifestyle: Contrasting a Simulation Over a Fixed Period versus Multiple Period Models" ( http://bit.ly/2dWtuNz ) In early Nov 2016, two blogs will post going into more insights from the research: Just where does the fear of outliving our money come from? Part I with link to Part II. ( http://wp.me/p2Oizj-H2 ) ]]> Wed, 26 Oct 2016 13:59:00 GMT /slideshow/afs-2016certainty-of-lifestyle-shared/67676506 Lfranksr@slideshare.net(Lfranksr) Afs 2016-certainty of lifestyle shared Lfranksr This paper essentially demonstrates to academics and the profession that the current method of computing retirement income essentially arrives at a single solution applicable only to today; it does not model the future as currently interpreted. Our paper contrasts the difference between a calculation and a "multi-cast" simulation model. Our research summary paper is published in the Journal of Financial Planning, Nov 2016. A link to the paper is available here "Combining Stochastic Simulations and Actuarial Withdrawals into One Model." ( http://bit.ly/2eLBUq9 ) Our working paper documenting our research project won the CFP® Board Best Research Paper Award at the 2016 Academy of Financial Services ( http://academyfinancial.org/ ) annual conference through an academic panel using a blind review process. "Certainty of Lifestyle: Contrasting a Simulation Over a Fixed Period versus Multiple Period Models" ( http://bit.ly/2dWtuNz ) In early Nov 2016, two blogs will post going into more insights from the research: Just where does the fear of outliving our money come from? Part I with link to Part II. ( http://wp.me/p2Oizj-H2 ) <img style="border:1px solid #C3E6D8;float:right;" alt="" src="https://cdn.slidesharecdn.com/ss_thumbnails/afs-2016-certaintyoflifestyleshared-161026135901-thumbnail.jpg?width=120&height=120&fit=bounds" /> This paper essentially demonstrates to academics and the profession that the current method of computing retirement income essentially arrives at a single solution applicable only to today; it does not model the future as currently interpreted. Our paper contrasts the difference between a calculation and a "multi-cast" simulation model. Our research summary paper is published in the Journal of Financial Planning, Nov 2016. A link to the paper is available here "Combining Stochastic Simulations and Actuarial Withdrawals into One Model." ( http://bit.ly/2eLBUq9 ) Our working paper documenting our research project won the CFP® Board Best Research Paper Award at the 2016 Academy of Financial Services ( http://academyfinancial.org/ ) annual conference through an academic panel using a blind review process. "Certainty of Lifestyle: Contrasting a Simulation Over a Fixed Period versus Multiple Period Models" ( http://bit.ly/2dWtuNz ) In early Nov 2016, two blogs will post going into more insights from the research: Just where does the fear of outliving our money come from? Part I with link to Part II. ( http://wp.me/p2Oizj-H2 )

Afs 2016-certainty of lifestyle shared from Better Financial Education

]]> 1354 5 https://cdn.slidesharecdn.com/ss_thumbnails/afs-2016-certaintyoflifestyleshared-161026135901-thumbnail.jpg?width=120&height=120&fit=bounds presentation Black http://activitystrea.ms/schema/1.0/post

http://activitystrea.ms/schema/1.0/posted

0 4 steps-effective-portfolio-trifold-1 /slideshow/4-stepseffectiveportfoliotrifold1/66645666 4-steps-effective-portfolio-trifold-1-161002164436
Investing makes it possible for many of us to achieve important lifetime goals, such as retirement. That’s why we employ an investment approach based on almost nine decades of data, analysis and research, insights from behavioral finance and close relationships with leading academics. There are four key concepts which play a vital role in the construction and management of our portfolios. Together, they add up to a distinctive long-term, approach we call Asset Class, or evidence-based, Investing]]>
Investing makes it possible for many of us to achieve important lifetime goals, such as retirement. That’s why we employ an investment approach based on almost nine decades of data, analysis and research, insights from behavioral finance and close relationships with leading academics. There are four key concepts which play a vital role in the construction and management of our portfolios. Together, they add up to a distinctive long-term, approach we call Asset Class, or evidence-based, Investing]]> Sun, 02 Oct 2016 16:44:36 GMT /slideshow/4-stepseffectiveportfoliotrifold1/66645666 Lfranksr@slideshare.net(Lfranksr) 4 steps-effective-portfolio-trifold-1 Lfranksr Investing makes it possible for many of us to achieve important lifetime goals, such as retirement. That’s why we employ an investment approach based on almost nine decades of data, analysis and research, insights from behavioral finance and close relationships with leading academics. There are four key concepts which play a vital role in the construction and management of our portfolios. Together, they add up to a distinctive long-term, approach we call Asset Class, or evidence-based, Investing <img style="border:1px solid #C3E6D8;float:right;" alt="" src="https://cdn.slidesharecdn.com/ss_thumbnails/4-steps-effective-portfolio-trifold-1-161002164436-thumbnail.jpg?width=120&height=120&fit=bounds" /> Investing makes it possible for many of us to achieve important lifetime goals, such as retirement. That’s why we employ an investment approach based on almost nine decades of data, analysis and research, insights from behavioral finance and close relationships with leading academics. There are four key concepts which play a vital role in the construction and management of our portfolios. Together, they add up to a distinctive long-term, approach we call Asset Class, or evidence-based, Investing

4 steps-effective-portfolio-trifold-1 from Better Financial Education

]]> 136 3 https://cdn.slidesharecdn.com/ss_thumbnails/4-steps-effective-portfolio-trifold-1-161002164436-thumbnail.jpg?width=120&height=120&fit=bounds presentation Black http://activitystrea.ms/schema/1.0/post

http://activitystrea.ms/schema/1.0/posted

0 The mathematics of investing /slideshow/the-mathematics-of-investing/66082204 themathematicsofinvesting-160916050048
There are a number of different methods of calculating investment return, depending on what you’re trying to measure. Perhaps the most basic is total return, which is simply an investment’s ending balance expressed as a percent of its beginning balance. Total return includes capital appreciation and income components; it assumes all income distributions are reinvested. To annualize total return, you’ll need to calculate the compound annual return, which generally requires using a financial calculator. It’s important to keep in mind that you need a greater percentage gain after a losing year in order to break even on your investment. More discussion of this when blog posts 22 Feb 2017 http://wp.me/p2Oizj-Hk ]]>
There are a number of different methods of calculating investment return, depending on what you’re trying to measure. Perhaps the most basic is total return, which is simply an investment’s ending balance expressed as a percent of its beginning balance. Total return includes capital appreciation and income components; it assumes all income distributions are reinvested. To annualize total return, you’ll need to calculate the compound annual return, which generally requires using a financial calculator. It’s important to keep in mind that you need a greater percentage gain after a losing year in order to break even on your investment. More discussion of this when blog posts 22 Feb 2017 http://wp.me/p2Oizj-Hk ]]> Fri, 16 Sep 2016 05:00:48 GMT /slideshow/the-mathematics-of-investing/66082204 Lfranksr@slideshare.net(Lfranksr) The mathematics of investing Lfranksr There are a number of different methods of calculating investment return, depending on what you’re trying to measure. Perhaps the most basic is total return, which is simply an investment’s ending balance expressed as a percent of its beginning balance. Total return includes capital appreciation and income components; it assumes all income distributions are reinvested. To annualize total return, you’ll need to calculate the compound annual return, which generally requires using a financial calculator. It’s important to keep in mind that you need a greater percentage gain after a losing year in order to break even on your investment. More discussion of this when blog posts 22 Feb 2017 http://wp.me/p2Oizj-Hk <img style="border:1px solid #C3E6D8;float:right;" alt="" src="https://cdn.slidesharecdn.com/ss_thumbnails/themathematicsofinvesting-160916050048-thumbnail.jpg?width=120&height=120&fit=bounds" /> There are a number of different methods of calculating investment return, depending on what you’re trying to measure. Perhaps the most basic is total return, which is simply an investment’s ending balance expressed as a percent of its beginning balance. Total return includes capital appreciation and income components; it assumes all income distributions are reinvested. To annualize total return, you’ll need to calculate the compound annual return, which generally requires using a financial calculator. It’s important to keep in mind that you need a greater percentage gain after a losing year in order to break even on your investment. More discussion of this when blog posts 22 Feb 2017 http://wp.me/p2Oizj-Hk

The mathematics of investing from Better Financial Education

]]> 2445 6 https://cdn.slidesharecdn.com/ss_thumbnails/themathematicsofinvesting-160916050048-thumbnail.jpg?width=120&height=120&fit=bounds document Black http://activitystrea.ms/schema/1.0/post

http://activitystrea.ms/schema/1.0/posted

0 Fundamentals of asset class investing /slideshow/fundamentals-of-asset-class-investing-65986586/65986586 fundamentalsofassetclassinvesting-160913180240
The article discusses an alternative approach to experiencing the costs of index reconstitution, called “Asset Classes,” which allow the fund manager broader leeway as to when to buy or sell, along with a broader range of holdings. This discussion begins in the section called “Decision Two: Indexing or Asset Class Investing?” The Asset Class approach, also referred to by others as "Factor Investing," is based on what has become to be called “Evidence Based Investing” due to roots discussed in the linked "Factor Investing" article, that come from academic (peer reviewed and repeatable results) foundation that continues to this day. My blog post discussing this article is scheduled to post 8 Feb 2017 http://wp.me/p2Oizj-Hh]]>
The article discusses an alternative approach to experiencing the costs of index reconstitution, called “Asset Classes,” which allow the fund manager broader leeway as to when to buy or sell, along with a broader range of holdings. This discussion begins in the section called “Decision Two: Indexing or Asset Class Investing?” The Asset Class approach, also referred to by others as "Factor Investing," is based on what has become to be called “Evidence Based Investing” due to roots discussed in the linked "Factor Investing" article, that come from academic (peer reviewed and repeatable results) foundation that continues to this day. My blog post discussing this article is scheduled to post 8 Feb 2017 http://wp.me/p2Oizj-Hh]]> Tue, 13 Sep 2016 18:02:39 GMT /slideshow/fundamentals-of-asset-class-investing-65986586/65986586 Lfranksr@slideshare.net(Lfranksr) Fundamentals of asset class investing Lfranksr The article discusses an alternative approach to experiencing the costs of index reconstitution, called “Asset Classes,” which allow the fund manager broader leeway as to when to buy or sell, along with a broader range of holdings. This discussion begins in the section called “Decision Two: Indexing or Asset Class Investing?” The Asset Class approach, also referred to by others as "Factor Investing," is based on what has become to be called “Evidence Based Investing” due to roots discussed in the linked "Factor Investing" article, that come from academic (peer reviewed and repeatable results) foundation that continues to this day. My blog post discussing this article is scheduled to post 8 Feb 2017 http://wp.me/p2Oizj-Hh <img style="border:1px solid #C3E6D8;float:right;" alt="" src="https://cdn.slidesharecdn.com/ss_thumbnails/fundamentalsofassetclassinvesting-160913180240-thumbnail.jpg?width=120&height=120&fit=bounds" /> The article discusses an alternative approach to experiencing the costs of index reconstitution, called “Asset Classes,” which allow the fund manager broader leeway as to when to buy or sell, along with a broader range of holdings. This discussion begins in the section called “Decision Two: Indexing or Asset Class Investing?” The Asset Class approach, also referred to by others as "Factor Investing," is based on what has become to be called “Evidence Based Investing” due to roots discussed in the linked "Factor Investing" article, that come from academic (peer reviewed and repeatable results) foundation that continues to this day. My blog post discussing this article is scheduled to post 8 Feb 2017 http://wp.me/p2Oizj-Hh

Fundamentals of asset class investing from Better Financial Education

]]> 1174 7 https://cdn.slidesharecdn.com/ss_thumbnails/fundamentalsofassetclassinvesting-160913180240-thumbnail.jpg?width=120&height=120&fit=bounds document Black http://activitystrea.ms/schema/1.0/post

http://activitystrea.ms/schema/1.0/posted

0 Index reconstitution the price of tracking /slideshow/index-reconstitution-the-price-of-tracking-65986443/65986443 indexreconstitutionthepriceoftracking-160913175849
There is a cost to indexing that most investors are unaware of. It is called “reconstitution.” A blog post is scheduled for 8 Feb 2017 discussing this article. http://wp.me/p2Oizj-Hh]]>
There is a cost to indexing that most investors are unaware of. It is called “reconstitution.” A blog post is scheduled for 8 Feb 2017 discussing this article. http://wp.me/p2Oizj-Hh]]> Tue, 13 Sep 2016 17:58:48 GMT /slideshow/index-reconstitution-the-price-of-tracking-65986443/65986443 Lfranksr@slideshare.net(Lfranksr) Index reconstitution the price of tracking Lfranksr There is a cost to indexing that most investors are unaware of. It is called “reconstitution.” A blog post is scheduled for 8 Feb 2017 discussing this article. http://wp.me/p2Oizj-Hh <img style="border:1px solid #C3E6D8;float:right;" alt="" src="https://cdn.slidesharecdn.com/ss_thumbnails/indexreconstitutionthepriceoftracking-160913175849-thumbnail.jpg?width=120&height=120&fit=bounds" /> There is a cost to indexing that most investors are unaware of. It is called “reconstitution.” A blog post is scheduled for 8 Feb 2017 discussing this article. http://wp.me/p2Oizj-Hh

Index reconstitution the price of tracking from Better Financial Education

]]> 1005 5 https://cdn.slidesharecdn.com/ss_thumbnails/indexreconstitutionthepriceoftracking-160913175849-thumbnail.jpg?width=120&height=120&fit=bounds document Black http://activitystrea.ms/schema/1.0/post

http://activitystrea.ms/schema/1.0/posted

0 Social security as longevity insurance /slideshow/social-security-as-longevity-insurance/65408666 socialsecurityaslongevityinsurance-160826231306
Most people look at the benefits they would receive today when making their decision about when to begin receiving their Social Security. They also underestimate how long they may live unless they already have medical issues that are known to reduce longevity. These two impulses cause many couples to begin their benefits too early which has an adverse effect for survivor income. When one person dies, the lowest benefit “goes away” and the highest benefit “remains.” The article below explains how that works with a couple and their Social Security benefits at various ages.]]>
Most people look at the benefits they would receive today when making their decision about when to begin receiving their Social Security. They also underestimate how long they may live unless they already have medical issues that are known to reduce longevity. These two impulses cause many couples to begin their benefits too early which has an adverse effect for survivor income. When one person dies, the lowest benefit “goes away” and the highest benefit “remains.” The article below explains how that works with a couple and their Social Security benefits at various ages.]]> Fri, 26 Aug 2016 23:13:06 GMT /slideshow/social-security-as-longevity-insurance/65408666 Lfranksr@slideshare.net(Lfranksr) Social security as longevity insurance Lfranksr Most people look at the benefits they would receive today when making their decision about when to begin receiving their Social Security. They also underestimate how long they may live unless they already have medical issues that are known to reduce longevity. These two impulses cause many couples to begin their benefits too early which has an adverse effect for survivor income. When one person dies, the lowest benefit “goes away” and the highest benefit “remains.” The article below explains how that works with a couple and their Social Security benefits at various ages. <img style="border:1px solid #C3E6D8;float:right;" alt="" src="https://cdn.slidesharecdn.com/ss_thumbnails/socialsecurityaslongevityinsurance-160826231306-thumbnail.jpg?width=120&height=120&fit=bounds" /> Most people look at the benefits they would receive today when making their decision about when to begin receiving their Social Security. They also underestimate how long they may live unless they already have medical issues that are known to reduce longevity. These two impulses cause many couples to begin their benefits too early which has an adverse effect for survivor income. When one person dies, the lowest benefit “goes away” and the highest benefit “remains.” The article below explains how that works with a couple and their Social Security benefits at various ages.

Social security as longevity insurance from Better Financial Education

]]> 900 3 https://cdn.slidesharecdn.com/ss_thumbnails/socialsecurityaslongevityinsurance-160826231306-thumbnail.jpg?width=120&height=120&fit=bounds document Black http://activitystrea.ms/schema/1.0/post

http://activitystrea.ms/schema/1.0/posted

0 https://cdn.slidesharecdn.com/profile-photo-Lfranksr-48x48.jpg?cb=1724527847 As an MBA and CERTIFIED FINANCIAL PLANNER™ Practitioner, I help people get ready for a successful retirement ... to and then through retirement where money outlives you, not the other way. I'm also the author of Wealth Odyssey, a book about financial planning that goes beyond personal finances as just numbers. My retirement planning research is peer reviewed and published in the Journal of Financial Planning. The professional you choose to help you achieve your financial goals should believe in prudent investment principles, education, personal service, and the uniqueness of every client. This is my philosophy in working with my clients! I answer only to you, and nobody else.... blog.betterfinancialeducation.com https://cdn.slidesharecdn.com/ss_thumbnails/thedynamicimplicationsofsequenceriskonadistributionportfoliojournaloffinancialplanning-230313230948-2aba2737-thumbnail.jpg?width=320&height=320&fit=bounds slideshow/the-dynamic-implications-of-sequence-risk-on-a-distribution-portfolio-journal-of-financial-planningpdf/256465351 The Dynamic Implicatio... https://cdn.slidesharecdn.com/ss_thumbnails/skittlesquiltchart2022-220521181434-fba10178-thumbnail.jpg?width=320&height=320&fit=bounds Lfranksr/skittlesquilt-chart-2022pdf Skittles_Quilt Chart 2... https://cdn.slidesharecdn.com/ss_thumbnails/the-rewarding-distribution-of-us-stock-market-returns-220521181108-fca5ac62-thumbnail.jpg?width=320&height=320&fit=bounds slideshow/therewardingdistributionofusstockmarketreturnspdf/251828880 the-rewarding-distribu...