Rick Alford

Rick Alford, CRP, President
Office 972-731-2539 | Cell 214-762-1905 
May 2018
Celebrating our Mothers on Mother's Day

"Mothers hold their children's hands
for  a short while,
but their hearts forever." 

~ Anonymous

Happy Mother's Day!
Retirement: Making the Best Decision for Your Future

Do you need extra cash to supplement your retirement income? Wouldn't it be nice if extra income sources were available to you on a  tax-free basis? 
Stock Market Update
A Note from the Accounting Professor

Volatility returned to stock market in the first quarter of 2018. Both February and March posted negative returns, unlike last year where stocks racked up gains months after month without fail. The market is looking for an opportunity to unload some of the outsized gains of 2017, as fair-weather investors are anxious to take profit. One wonders how long it will take for common sense to prevail...
The Big Mistake in Retirement Planning

Historically, Americans have relied on Social Security and company pensions to fund retirement. Then, when both started to falter about 15 years ago, 401(k) plans were heralded as the ideal retirement solution.

Not so fast. Reports in Time Magazine, the Los Angeles Times, the Wall Street Journal and CBS' 60 Minutes have exposed the shortcomings of 401(k) plans. People just don't contribute enough, they don't diversify, they try to time the market and, ultimately, they end up losing money. Watch the  interview for more information.
In This Issue

Don't Be Fooled:
6 Common Retirement Misconceptions

Smart investing is good and quite difficult if the appropriate strategy is not employed. Hoping for the best as you draw down that savings to meet your budget in retirement, while 
  • stock market ups & downs
  • inflation
  • medical expenses 
virtually ensures that you will remain nervous about your financial health up to and through retirement.

The problems with conventional wisdom is...
Using Life Insurance for Retirement Puropses

The one fear we all have when getting close to retirement, even with all our planning, is whether we'll have enough to last us through it.

When doing your planning for retirement, you need to accept the reality that you could be retired for a long time and, if married, your savings may need to last for two lives - not just one.
This material has been prepared for informational and educational purposes only.  It is not intended to provide and should not be relied upon for,  accounting, legal, tax or investment advice.  Please consult with a professional specializing in these areas regarding  the applicability of this information to your situation.
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