Planning for “Fixed” Income During Retirement

Andy Reynolds

Atheneum

Fixed income during retirement can help provide stability to a retirement income structure, with less dependence on the stock market. Just as there are risks to a market-based investment portfolio, a fixed income retirement strategy has positives and negatives. Fixed income structures must be analyzed across the life expectancy of the individual/couple. While some may … Continued

The Fed Says Lower for Longer

Cameron Hamilton

Weekly Update

The Fed will be more tolerant of inflation in hopes of maximizing employment The Fed will continue aggressive asset purchases and low rate targets The Fed believes that additional Federal stimulus is necessary for recovery Rates will not be increased until 2023!  This was the takeaway headline we heard repeated ad nauseum last week in … Continued

Planning for RMDs

John Boardman

Atheneum

The vast majority of people save the bulk of their retirement funds in qualified retirement accounts (401ks, 403bs, etc.) and IRAs.  Through regular saving and long-term growth of the investments inside these accounts, a typical account holder hopes to develop some type of an income stream during their retirement years.  According to the US Census … Continued

Summary of Recent Presidential Memoranda and Executive Orders

Frank Yozwiak

Weekly Update

As we at Ballast have done throughout the year, we want to continue to give updates on some of the goings-on related to the Coronavirus – especially those with financial effect.  In that context, earlier this month, President Trump signed several presidential memoranda and executive orders with the stated goal of providing some economic relief … Continued

Determining a Healthy Withdrawal Rate

Brian Burton

Atheneum

One of the more arduous tasks facing retirees and soon-to-be retirees is trying to determine how much money can be withdrawn from retirement accounts each year without running out – yet not skimping yourself either.  Solving this puzzle has become even more challenging given today’s low interest rate environment and tempered expectations for future investment … Continued

Benefits of Multiple Income Streams at Retirement

Andy Reynolds

Atheneum

In our second Atheneum article for this quarter’s Retirement Income subject, we discuss the benefit of having multiple income streams during retirement.  To understand the advantage of having multiple income streams, it is important to first understand one of the most important factors that affects portfolio longevity when taking income: sequence risk.  According to Investopedia, … Continued

How Unemployment Insurance Works

Cameron Hamilton

Weekly Update

Unemployment systems are not designed to withstand a year like 2020 Unemployment claims this year are 10x higher than previous highs Unemployment insurance funds are being depleted at the state level Business owners will likely pay the shortfall in future years without reform The all-time chart of unemployment claims will need to be remade after … Continued