Letter from the CEO

January 2016

Geof-ScanlonThe Purpose of My E-Newsletter
I hope you enjoy receiving my e-newsletter.  It is intended to enhance and complement the personalized service that you already receive from me.  The e-newsletter’s main objective is to ensure, regardless of busy work schedules and travel plans, that each of my clients will receive at least a minimal amount of timely advice on a regular basis.  I also hope it will stimulate your thinking on issues related to your personal finances by providing you with articles on a variety of financial topics.  Please feel free to call or e-mail me with any questions or comments, particularly with regard to the applicability of a given idea to your personal situation.Please be liberal in sharing this e-newsletter with your colleagues and friends.  Feel free to call or e-mail me with the names and addresses of people who might enjoy receiving their own copy of this e-newsletter.
Retirement Pitfalls for Baby Boomers
Since the first baby boomer retiree started collecting Social Security payments in 2007, millions more members of this influential generation have said goodbye to the workforce and hello to what they undoubtedly hope is a long and enjoyable retirement. Now, as many as 10,000 baby boomers are retiring every day, according to statistics from the Pew Research Center.
[FULL ARTICLE…Retirement Pitfalls for Baby Boomers]
Scary Retirement Statistics
As a nation, we’re woefully unprepared for retirement. The tough reality  is that you might not be as prepared for retirement as you think. Here are five scary retirement statistics that should help drive home the                        importance of planning for your future today.
[FULL ARTICLE…Scary Retirement Statistics]
Risk Management Techniques
 The goal of risk management is to help protect your wealth from risks such as death, serious illness, income loss, property damage, and theft.
Prepare a property inventory, listing all assets and their value. This will help you determine how much insurance is needed and can help establish proof of loss in the event of a claim.
[FULL ARTICLE…Risk Management Techniques]
Saving Strategies Based on Your Personal Goals
There are many different reasons to save; and at any given time, you’ll probably be saving for more than one reason. Maybe you’re saving for next year’s family vacation, and at the same time for your children’s education and your retirement. But your approach to saving shouldn’t be the same for each; how and where you save should depend on what your goal is.
[FULL ARTICLE…Saving Strategies Based on Your Personal Goals]
Watching Stocks
No matter how often you prefer to monitor your stocks’ performance, there are certain items you should consider. Here are five things to review as you monitor your stocks’ performance: earnings, price and dividends, P/E and PEG ratios, insider transactions and stock buybacks, and sudden and large changes on high volume.
[FULL ARTICLE…Watching Stocks]

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