facebook twitter instagram linkedin google youtube vimeo tumblr yelp rss email podcast blog search brokercheck brokercheck

Bristlecone Blog

Sign-up to receive our latest personal finance updates & market commentaries:

SUBSCRIBE

%POST_TITLE% Thumbnail

Finding Your Money

Our financial lives can be complicated. Between monthly bills, medical costs, bank accounts, credit and debit cards, investment accounts, and taxes, for better or worse each of us accumulates hundreds of financial relationships over the course of our lives.

Read More

What Do Millennials Know?

A spate of recent think-pieces, news segments, and even a forthcoming documentary film have popularized an internet subculture called the “FIRE” movement (which stands for “Financial Independence, Retire Early”). In a nutshell, FIRE is about achieving financial independence earlier in life via extreme frugality and accelerated retirement savings. Its adherents (typically Millennials) report saving as much as 50-70% of their gross income each year, in a bid to accelerate the point at which their investment portfolio can support their modest annual income needs, freeing them from traditional work obligations.

Read More
%POST_TITLE% Thumbnail

How Much Can I Safely Spend from My Portfolio?

This is among the most common questions we receive from clients, many of whom are either already retired or nearing retirement. It is an important issue and one that often prompts investors to seek out professional help from an advisor. But first, let’s lay out some basic terminology: What is the ‘net spending rate’? This number is defined in relation to your assets. First, add up all your annual expenses from last year. Make any needed adjustment(s) to get a more realistic amount if you feel that some items were over or understated. If you were still working, adjust for that as well. Subtract from these expenses any income that you receive from sources other than your portfolio: social security benefits, annuities, pension, rents, alimony, etc. The difference between the two is your net spending, i.e. the amount you’ll need to draw from your portfolio. The net spending rate is simply this number expressed as a percentage of your portfolio’s value.

Read More

Has the Housing Market Peaked (Again)?

Last week brought news that the average 30-year mortgage rate increased to 4.61%, the highest level since 2011. This should not be particularly surprising–mortgage rates are highly correlated to the benchmark 10-year U.S. Treasury bond yield, which has more than doubled from its record low nearly two years ago:

Read More