We’re pleased a present a look back at 2016 here, courtesy of the professionals at Dimensional Fund Advisors.
Experiencing market volatility early in retirement can be a very unsettling experience for a new retiree, and may raise the legitimate concern of whether early early market declines combined with portfolio withdrawals can jeopardize a retirement plan. In fact, the risk – more formally known as “sequence of returns” – is real. The chart below […]
This is Springwater’s Source, a topic or issue in personal finance and investing, shared visually. The Source will share one concept, once a month, in about a minute or less. Educated investors understand that there is a benefit to diversification. Setting aside grandma’s warning to not put “all your eggs in one basket”, there are […]
This is Springwater’s Source – a topic or issue in personal finance and investing, shared visually. The Source will share one concept, once a month, in about a minute or less. An important concept derived from financial economics is that of a “risk premium”. In a nutshell, this premium is what investors can expect to […]
First of all, we do not sell annuities – or indeed any financial products. We are not insurance agents nor do we represent any insurers. We work for our clients – some of whom have purchased annuity contracts they later wish they hadn’t. Here is how we may be able to help you: The Tax […]
Nobel laureate and M.I.T. professor of economics Robert Merton doesn’t think much of target-date funds. Excerpts from the November 2, 2015 online edition of Advisor Perspectives: Target-date funds are an exceptionally bad way to save for retirement, according to Robert Merton. Merton is a professor of economics at M.I.T. and was awarded the Nobel Prize […]
One of the more interesting aspects of our practice at Springwater is that we occasionally find our “investment mood” at odds with that of our prospective clients. So it is context of managing (prospective) client expectations that we share with you below the contents of an email we sent to our clients in May 2007, […]
At Springwater, we build portfolios based on the science of capital markets to deliver a better investment experience for our clients. We know that you don’t need to accurately predict the future to deliver successful long-term performance. With the market again near an all-time high, we thought it would be prudent to review some comments […]
Click here to read our market commentary for the fourth quarter of 2014.
Most Americans accumulate the bulk of their savings for retirement in employer-sponsored retirement plans, like 401(k) and 403(b) accounts. These plans generally offer retiring employees little flexibility around what to do with their account balances. Yet choices about how to spend a life’s worth of savings are fraught with tricky calculations about financial risk, taxes […]