Financial Services

admin July 25, 2018

Getty Images Secretary Henry Paulson and the economic team in place when the financial crisis hit in 2008 including Federal Reserve Chairman Ben Bernanke (L), Federal Deposit Insurance Corp Chairman Sheila Bair, New York Fed President Timothy Geithner. Nearly ten years ago, Lehman Brothers, declared bankruptcy after a frantic weekend of unsuccessful talks to […]

admin July 23, 2018

U.S. stock market returns over the past decade or so have been nothing short of spectacular, but far less so for those who chose to retire in 2008, when a 30% decline in the market inflicted irreversible damage. In the financial-planning world, this reality is called the “sequence of returns risk.” It means that when […]