Hitting ‘the number’ in retirement

Your portfolio balance, your budget and your lifespan are all critical inputs into your retirement plan

Jack TierneyTime to read: 3 min

I’m going to hit the number this year — the one that people often associate with retirement. To be clear, I am not retiring this year, but when retirement is closer than it used to be, there are a few more numbers that command your attention. There’s your portfolio balance: the investments, savings, and IRA/401(k) balances that you’ve been building up all these decades. There’s the amount of money you pull from your portfolio each year for your expenses. And then there’s the number of years you need your money to last.

Number 1 – Your portfolio

While you are working, you contribute to your IRA or 401(k), maybe with a company match; if the markets are flat or up,


Why fiduciaries may want to consider fixed income

Investment clarity can help further the advisor-investor conversation

Jack TierneyThe US Marine Corps motto is “Semper Fidelis” or “Semper Fi” for short, meaning “always faithful.” Another related Latin word, “fidere,” means “to trust.” From this root also comes the word “fiduciary,” which refers to acting in a capacity of trust or confidence. While “faith” and “trust” are staples of love songs and wedding vows, “fiduciary” clearly denotes a financial relationship — and this summer, many of you may be embarking on new fiduciary relationships.

What is the fiduciary standard?


Taking an active approach to down markets

Part 3: Exploring the truth about benchmark investing

As noted in our previous blog on the myths of benchmark investing, active and passive strategies have cycled through periods of over- and underperformance for the last 25 years. In this blog, we focus on performance during down markets, and show that active strategies have historically captured less of the downside than market benchmarks. We’ll explain why this is a very important distinction.

Limiting downside risk is a critical part of investing due to: 


Why active vs. passive isn’t an either/or choice

Part 2: Exploring the truth about benchmark investing

Life is full of undeniable truths. There’s, “An apple a day keeps the doctor away.” Another old favorite is, “Don’t judge a book by its cover.” And for years, investors have been trained to trust in market averages. Over the long term, the saying goes, you can’t beat the market — so why not join it through a passive investment strategy that mirrors exposure to a market benchmark?

Apples are surely nutritious, and reading a book before judging it is definitely prudent, but when it comes to investing solely in market averages, we need to talk.

In this series, we are examining some common myths about benchmark investing.