McLean Asset Management
Longevity risk—the risk of running out of assets before running out of time—is fundamental to retirement. We know about the distribution of longevity for the overall population, but an individual cannot know in advance precisely where he or she will fall in the distribution. The length of your retirement could be much shorter or longer…
Read MoreThe following is an excerpt from our ebook, “Investing Through the Decades,” which you can download by clicking here. Throughout history, when bad news and events touched the daily lives of investors and caused nest eggs to shrink, it’s been natural to ask, “Is this the end of investing as we know it? Have new…
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A plan to meet housing needs is an important part of a retirement income strategy. A home provides an emotional anchor, providing daily comfort and shelter, memories, and nearness to friends and community. Homes are also a major source of wealth for retirees and near-retirees. Home equity provides between 45 and 75% of median household…
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Everyone knows the story of the tortoise and the hare: A speedy hare ridicules a slow-moving tortoise until the tortoise proposes a race. The hare agrees, bolts past the tortoise and then, certain he’ll win, takes a nap break halfway through. The tortoise keeps on, slow and steady, and the hare awakes to find he’s…
Read MoreTax loss harvesting can be an incredibly powerful way to reduce your tax bill and keep more money invested and working for you. Tax loss harvesting involves realizing losses from your investment portfolio that can be used to offset gains from your portfolio, or even your regular income. While many people don’t like the idea…
Read MoreWithdrawing from your investment portfolio in retirement is like walking through a minefield. If you don’t take the right path, you’re going to take a large tax hit. Most people don’t think about it, but your distribution strategy in retirement and the resulting taxes can have a significant impact on how long your money lasts…
Read MoreMillennials began their careers around the 2008-2009 downturn and are understandably gun-shy around stocks. They saw their parents’ losses and want to avoid having the same thing happen to them. As a result, most millennial investors are opting for the security of large cash positions or more conservative portfolios to make sure they don’t experience…
Read MoreHaving spent the better part of the last 10 years in Japan, I have not been all that familiar with Dave Ramsey. Sure, I’ve heard from time to time that there is a radio show financial guru who talks about 12% market returns and an 8% withdrawal rate in retirement, but that sounded so farfetched…
Read MoreFor almost all of my work on retirement withdrawal rates, I’ve assumed a constant inflation-adjusted withdrawal rate strategy. That is, the withdrawal rate is defined as an amount of income withdrawn in the first year of retirement as a percentage of retirement date assets. This income amount then adjusts for inflation in subsequent years. Since…
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