Gain Perspective on Financial Planning. Investments. Your Future.

Can I Safely Withdraw Principal in Retirement?

As a cross-border financial advisor, one question I hear nearly every day is, “Can I afford to withdraw my principal in retirement?” For most of my clients, the short answer is, yes, but it is important to know how much and from which accounts you … [Read more...]

How to Invest When You Can’t Predict Market Direction

If you’re thinking of investing in stocks but you’re concerned about which direction the stock market will move, here’s what you need to know: If you are a new investor with a long-term perspective, it shouldn’t matter which direction the stock … [Read more...]

Why You Need to Talk to Your Adult Children About Your Finances

Do you find it difficult to discuss with your adult children what should happen with your finances towards the end of your life? If so, you’re not alone. People don’t like thinking about their own mortality or losing control. Moreover, as family … [Read more...]

Steps You Need to Take 5 Years Before Retirement

Will you have “enough” money to live comfortably? The months and years before retirement may be filled with trepidation and financial worries. In order to minimize financial concerns before retirement, here are some steps you should take in the five … [Read more...]

How to Choose the Right Financial Advisor for You

Choosing the right financial advisor can be like seeking the right life partner. Your financial advisor needs to be the perfect match for you and your situation. Your advisor must be knowledgeable, honest, reliable, and, most importantly, have your … [Read more...]

3 Hidden Retirement Risks and How to Avoid Them

What are the retirement risks you should watch out for when planning your future? The following risks, which often get forgotten, can torpedo even the best-laid retirement plans: Underestimating the true cost of retirement Many people plan for … [Read more...]

What You Need to Know About Rolling Your 401k to an IRA

When you change jobs, everything you need to take with you can be neatly packed into a box – except your retirement plan.  When you leave your job, you need to think about rolling your 401(k) into an IRA (Individual Retirement Account). If you left … [Read more...]

How to Make a Good Investment Decision

Since one person’s good investment choice may be a huge mistake for someone else, what factors should you consider when deciding upon a potential investment? In investing, the only hard and fast rule is that past performance never guarantees future … [Read more...]

What You Need to Know About Asset Allocation

Was Miguel Cervantes’ Don Quixote fighting imaginary windmills or market volatility when he said, “Don’t put all of your eggs in one basket?” Putting all of your assets in one basket doesn’t keep them as safe as you might think because there is … [Read more...]

The Things Not to Do With an Inheritance

When you get an inheritance, your first question may be, “What should I do now?” But perhaps a better question is “What shouldn’t I do now?” An emotional roller-coaster Getting an inheritance arouses many emotions. Sometimes, people get too … [Read more...]

Profile Perspectives is a personal finance blog based on articles Doug Goldstein, CFP®, director of Profile Investment Services, Ltd., published in The Jerusalem Post. The information posted is purely informational and does not constitute investment or tax advice. Advertisements on the site are neither endorsements nor recommendations. Consult your professional advisors before making any investments based on articles or advertisements. Securities offered through Portfolio Resources Group, Inc., member of FINRA, SIPC, MSRB, FSI. Accounts carried by Pershing LLC., Member NYSE/SIPC, a subsidiary of The Bank of New York Mellon Corporation.

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