"Morningstar" Articles

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Weekend Reading: Big Financial Questions? Step Away from the Spreadsheet

If you’re a data-driven individual like myself, you might find greater financial peace of mind when presented with real-time numbers on a spreadsheet. However, it’s also important to know not all big picture decisions regarding your retirement and financial wellbeing should depend solely on stats.

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Weekend Reading: For Retirees, When Inflation Arrives Is as Important as Its Magnitude

When it comes to the impact inflation can have on your lifelong savings, the biggest factor it comes down to is timing.

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Weekend Reading: What's a Safe Retirement Spending Rate for the Decades Ahead?

While the four percent rule might be a well-known standard, a recent Morningstar panel determined that in today’s economic climate, a 3.3 percent withdrawal rate might fare better for a conservative portfolio.

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Weekend Reading: The Good News for Upcoming Retirees

Today’s retirees may be unable to match the portfolio-withdrawal rates of those before them, but their amount in assets appears much larger.

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Weekend Reading: Don't Neglect the Softer Side of Your Estate Plan

Hopefully your estate plan includes the basic estate documents and beneficiaries, but here’s a look at why you might want to go deeper and be more descriptive with your wishes before your passing.

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Weekend Reading: My 'Too Hard' Pile is Pretty Big

Here’s a unique way to view your investment options, and it’s a strategy Warren Buffett and his right-hand man, Charlie Munger, utilize as well.

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Weekend Reading: What I Learned from My 'Faux-Tirement'

We’ve previously discussed the concept of a ‘phased retirement’ on the Retire With Purpose podcast, but another way to test out this new lifestyle is a retirement trial run.