Social Security paid out more in retirement and disability benefits in 2018 than it took in via payroll (a.k.a. FICA) taxes. This has been the case each year since 2010 and is only projected to get worse. As a result, many people have become doubtful when it comes to predictions of Social Security’s solvency and long-term benefit payments. However, I tend to be more optimistic. My … Read more
This post is the first of a three-part series on retiree healthcare expenses.
Part 1: Drivers of Retiree Healthcare Expenses
Part 2: Understanding Medicare
Part 3: Factoring in Long-term Care
We are often asked during retirement planning engagements how we estimate retiree healthcare expenses. It’s an important question because healthcare can consume such a large portion of many retirement budgets. What’s more, healthcare expenses can vary … Read more
In this Brief, we provide an overview of how robo-advisors work, explain the key difference between robo-advisors and traditional financial advisors, and discuss when, how and for whom the use of robo-advisors can be beneficial.… Read more
Target Date Funds are mutual funds that automatically adjust their asset allocation over time as they approach a specified “target date,” often retirement or college. Since the funds adjust themselves over time, you can hold them for the long-term while taking a “hands-off” approach. This can help you reduce the risk of behavioral errors while also simplifying your investment portfolio. However, this is not to say … Read more
Artemis is pleased to announce a new service offering designed to teach young professionals the basics of personal finance. Taught by a member of the Artemis team, the course covers everything a recent graduate needs to know to begin to manage their financial affairs responsibly.
- How to establish a budget and savings goals
- Principles of sound investing
- Managing credit and debt
- How to optimize