Latest Blogs, Tools And Resources
End of Life Planning
One thing we all have in common is that we are going to die. Although death is not something we want to think about, dying is a reality that is best handled when we have planned for it. The truth is, most people will become seriously ill or incapacitated leading up to...
5 Truths to Learn from The Death of Equities
How inflation was supposed to destroy the stock market. August 13, 2019 was the 40th anniversary of a BusinessWeek article, “The Death of Equities.” This article talked about the Labor Department ruling that allowed pension fund money to “go into listed stocks and...
American Household Net Worth
It’s not all doom and gloom. A constant theme here at Falbo Wealth Management is how financial journalism has consistently ignored the upsurge in American household net worth. Household monthly financial obligations are at historic all-time lows and have been for...
Mentally Preparing Yourself to Retire
Bruce and Jitendra had planned for their retirement about five years before Bruce was ready to leave his job as a school principal. Many of their friends were either retired or facing retirement and provided the couple with good examples of both what to do and not to...
Have You Thought About Working in Retirement?
In my discussions with my clients, we often talk about what role “work” might play in retirement. While some clients would never consider such a thing, many understand the value that work provides in their lives and they try to incorporate work activities into a...
People Behave Badly – The Power of Diversification
Indices v. Investors Investors, left to their own devices, can work against their long-term interests. When people react with emotion they tend to make snap decisions that don’t always work in their favor. In my experience, Human nature is a terrible investor. If you...
What Are Your Work Options in Retirement?
When considering all of the various options for your retirement some important questions to ask yourself are “What are the positive impacts on my life from staying in the workforce?” and “What is the ‘good stuff’ I get from being employed?” Even if you are really...
Redefining Retirement
“When you wake up one morning and decide that, from this day forward, you can do what you want, when you want, and how you want—you are retired.” - Barry LaValley There is an old story that can be used to describe how aging boomers think about retirement. A woman who...
The Role of Work in a Healthy Life
There is a tendency to demonize work in order to make retirement look more attractive. In this blog, we look at the value that work provides. Our retirement consultant Barry LaValley of the Retirement Lifestyle Center has suggested that you consider the things you...
Healthy Aging: An Essential Element in a Happy Retirement
It’s not too late to add healthy aging to your retirement plans! In discussions with my clients about their future, I am often struck by their fear of health issues that may cause them an early death. In fact, some of them refuse to discuss long-term issues in their...