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Sometimes You Should Retreat Before Pressing On

Wednesday, February 01, 2017 Bookmark and Share

Before modern military tactics were developed, it was common for the General to move to an elevated position to observe the battle. Typically, soldiers fighting face-to-face with their enemy were so focused on survival that they lacked perspective on whether they were winning or losing until the battle was over. The General’s view, however, prompted adjustments to increase the likelihood of victory.  


Can You Name the Biggest Threat to Your Retirement Nest Egg?

Thursday, May 22, 2014 Bookmark and Share

by Don Patrick, MBA, CFP®

One of the biggest and most costly mistakes that most people make is failing to consider the very real possibility that they will need some type of long term medical care in the future—either in the home, in a nursing home, rehabilitation center, or assisted living facility—or some combination of all of these.

The good news is that 50% of us won’t need any such long term health care.

The bad news is that half of us will need some form of care, whether at home or in an institution, according to the Health Insurance Association of America. So when we think about risks to our retirement nest egg, we need to think not only of stock market losses and inflation, but of the very real possibility that catastrophic illness may affect our spouse or us. 

Can You Name the Biggest Threat to Your Retirement Nest Egg?

Wednesday, October 23, 2013 Bookmark and Share

by Don Patrick, MBA, CFP®

One of the biggest and most costly mistakes that most people make is failing to consider the very real possibility that they will need some type of long term medical care in the future—either in the home, in a nursing home, rehabilitation center, or assisted living facility—or some combination of all of these.  


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