Beacon Wealthcare |

18 Nov 2016 What if Financial Planning Was More Inspirational and Fun?

Posted at 14:22h in Briefs about our Process, The Friday Brief by Sam Bass Jr.

For most folks, the idea of financial planning sounds like as much fun as doing lab work, going to the dentist, or creating a budget. And in truth, the way it is widely practiced only amplifies the perception that it is a painful exercise in all things uninspiring. As sensual creatures, we enjoy things that appeal to our senses and instinctively avoid the things that affront them.

01 Jul 2016 Efficiently Using the Capital Markets for Lifetime Savings

Posted at 11:26h in Briefs about our Process, The Friday Brief by Sam Bass Jr.

It is a myth that people saving for life purposes need actively managed funds to comfortably reach their financial goals. In fact, it can be argued that actively managed funds significantly slow progress and reduce their lifestyles, both now and later, compared to efficient portfolios. Technically defined, an efficient...

16 Jan 2014 Does Monte Carlo-Based Financial Planning Really Work? Part 2

Posted at 20:40h in Briefs about our Process, The Friday Brief by Sam Bass Jr.

Last week we looked at Monte Carlo as part of our larger planning process. This week we'll zero-in on probability analysis, known as Monte Carlo specifically to explain how it works and more importantly, why you should care. Whether you are technical or very non-technical, this Brief is for you. Monte Carlo (MC)...

10 Jan 2014 Does Monte Carlo-Based Financial Planning Really Work?

Posted at 14:45h in Briefs about our Process, The Friday Brief by Sam Bass Jr.

A few days ago after wrapping up a productive planning meeting, my client asked me a question in total earnest. He had come to our meeting with concerns that new information he brought would wreck his plan. We made the changes he needed to make and we reviewed...