Mark Roberts

Take-Home Pay is the Net Effect of Retirement Income

Here are some highlighted excerpts from the interview with chartered financial consultant, investment advisor representative and author Mark Roberts: Steve: How big a role do taxes play in retirement? Mark: I think they play the biggest role, it’s the number one thing that eats away our money more than anything else. We don’t always have high medical bills, but we typically a few more medical bills as we get older. What’s constant every year, healthy or unhealthy, is taxes. Steve: You just said when the first person dies in a marriage, you lose an exemption. If they were on...

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Required Minimum Distributions on Qualified Retirement Plans

Here are some highlighted excerpts from the interview with chartered financial consultant, investment advisor representative and author Mark Roberts: Steve: Okay, now one of those issues you manage is RMDs, Requirement and Distributions. You say that the IRS has a kind of a little secret here, but it’s a big one. Talk about that. Mark: RMD stands for Required Minimal Distributions. It is required we take a minimum withdrawal every year from our retirement plans, our IRAs and 401(k)s, every year starting at 70½ for the rest of our life. There is a formula. It is based on two...

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Real Income Advisors Are Rare in Retirement Management

Here are some highlighted excerpts from the interview with chartered financial consultant, investment advisor representative and author Mark Roberts: Why is it one of the worst things to create income? It sounded counter intuitive when I first heard it. How did you come to that? Mark: Well, the whole purpose of saving money is so we can spend this money in retirement at a time when we need to replace our paychecks. Social Security isn’t going to be enough alone. Well, how do you take income from a portfolio? You have to sell stuff. You have to take a...

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Can the Way Advisors Are Cause Conflicts of Interests?

Fee-Based Versus Commission-Based Advisors, Which Is Best? It is impossible to be in the advisory business, be altruistic and be profitable? Is there such an inherent conflict of interest between advisor and investor that the compensation models that exist today need to be scraped? The Department of Labor may have a say in all of this sooner rather than later. Here are some highlighted excerpts from the interview with chartered financial consultant, investment advisor representative and author Mark Roberts: Steve: Why am I paying a fee if all I’m doing is buying and holding? Is that a legitimate gripe...

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If Returns Are Not Worth the Risk, Why Buy and Hold?

When Portfolio Performance is Sub-Optimal, It’s Time for Second Opinion Many modern portfolio proponents use the risk-return theory of the efficient frontier to measure market returns against risk exposure. The goal is to optimize returns with the least amount of risk. If portfolio performance falls below the efficient frontier, the portfolio is deemed sub-optimal. Here are some highlighted excerpts from the interview with chartered financial consultant, investment advisor representative and author Mark Roberts: Steve: How do you know you’re getting the right return for the right risk? Mark: That’s a great question. I ask clients all the time if...

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