The Third Age Redefines Lifespan Realities

As we navigate life in the 21st century, the trend that will have the most profound effect on the future of our society (and other industrialized societies) is the “Age Wave.”  In other words, we are living longer and the percentage of older adults is growing at an unprecedented rate.

An important factor contributing to this demographic shift is the aging of the Baby Boom generation—a whopping 76 million Americans who are steadily marching through middle age and into the ranks of “senior citizens.”  Because of their numbers and collective “force of personality,” the impact of Baby Boomers on American life has been likened to “a pig in a python”—a distinct bulge that refuses to “pass through” history unnoticed!  Just as they have redefined every stage of their lives, Baby Boomers are also redefining aging and retirement. (more…)

When College Costs Don’t Go According to Plan

You’ve spent years dutifully contributing to a college savings account for your children or grandchildren. Soon it will at last be time to switch from saving to spending.

You’ve done your best to fully fund the cost of four years of college. But there are so many variables and even more that will continue to affect your estimates. These unknowns include scholarships, whether you’re paying in-state or out-of-state tuition, the return rate of your investments and whether your teen will need more than four years to complete her degree. (more…)

Can You Win in a Lose-Lose Game: Tariffs and Trade Wars

“We’re On The Brink Of An AllOut Trade War!”
“Market Futures Fall As Investors Anticipate New Tariffs!”
“What Will Happen If Trade Tensions Escalate!?”

Chances are you’ve seen headlines like these over the past few months. The media can’t stop talking about tariffs and trade tensions and how they might harm the U.S. economy. But are tariffs really that bad? Is it true that we’re approaching a full-blown trade war with China?

In this piece, we hope to untangle reality from the what-ifs and shed some light on what changes, if any, you should make to your financial plan while the threat of tariffs and trade wars looms.


Does Market Timing Work?

By: Emilie Goldman

With so many ups and downs in the stock market over the past few quarters, investors may be tempted to try to predict the stock market to avoid declines and benefit from the gains. Yet there is already a group of professional managers—called tactical asset allocators—who are trying to time the market.

Tactical asset allocators generally tell investors they will avoid stock market declines and participate in stock market gains. This promise appeals to most investors since we are all interested in growing and preserving our wealth. But does the track record of tactical asset allocators supports their promise? Thankfully, we came across a 2019 study that sheds light on this subject. (more…)

You Aren’t Going to Buy a House in the Bay Area? Really?

As Bay Area housing prices continue to rise, many residents—the ones who aren’t planning their escape to Arizona, Oregon, Washington or Texas—are opting not to jump into fray.

Instead of squirreling away their dollars in hopes of being able to amass a six-figure down payment, they’re embracing the freedom and better cash flow that comes with renting instead of buying.

For many people, this approach makes sense emotionally and financially. The median price of a Bay Area home is $830,000 – more than three and a half times the median sale price of $232,700 for homes in the U.S. Anyone who’s visited an open house on the Peninsula, in San Francisco, the East Bay or San Jose knows that homes sell quickly and often above the asking price. (more…)