WealthTrace Financial Planning & Retirement Planning Blog

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  • You Don't Need A Financial Advisor For Retirement Planning

    by Doug Carey | Apr 18, 2016
    Today's technology is reshaping industries, and the financial advisor industry is no different. The old model where advisors charge hefty fees is starting to erode. Financial planners charge an average of $2,000 per plan and they usually leave you with a 100 page report and you never hear from them again. This model is ripe for destruction.
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  • Asset Allocation Calculator- How To Allocate Your Assets

    by Doug Carey | Apr 12, 2016
    The free asset allocation calculator below can help you build a diversified and balance mix of investments. The calculator takes into account several variables such as risk tolerance, age, your savings, and your tax rate.
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  • Pension Calculator & Spousal Survivor Options

    by Doug Carey | Apr 12, 2016
    If you are having a difficult time deciding whether or not it makes sense to have a survivor's pension (widow's pension) for your spouse, you can use our free calculator below to help you choose.
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  • Online Financial Planning: Easier Than You Think

    by Doug Carey | Apr 11, 2016
    It used to be that you could sort of tell when it was time to get professional help in managing your investments. You knew, for example, that in your 30s and making a decent salary and socking away a fair amount of money, you probably did not have enough in assets for it to make sense to have professional help--the costs would just be too high. But at some point, with a mortgage and a kid and maybe another one on the way, you might start paying closer attention to those financial planner advertisements on TV or in the local paper, and even give one a call.
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  • Using An Accurate Monte Carlo Retirement Calculator

    by Doug Carey | Apr 11, 2016
    Do you really want to ask "Will I outlive my money in retirement or not?" You can ask that, but what you also need to be asking is "What is the probability that I do not outlive my money in retirement?" For this you need an accurate Monte Carlo Retirement Calculator.
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