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Questions our clients are asking...

Anne:” I’m 35 years old, earning $200,000 pa. How much money do I need to maintain my lifestyle in retirement?” WP: It is interesting you mention retirement. It’d be important to know what retirement means to you and when you’re hoping to retire. But, for this exercise, we’d assume retirement age of 67 years. Also, bear in mind that everyone’s needs, and lifestyles are different. And even within your own lifestyle needs, things may change which may make your income needs change. Conventionally, you’d need about $140,000 during retirement. This is about 70% of your current salary. To generate this income, you’ll need investable assets of about $2.8M in today's dollars to generate about 5% of

Is Volatility Risk?

What's happening in today's stock markets? Is it a correction or a recession? The dictionary defines a correction as "a change that rectifies an error or inaccuracy". But is this an error or pure market design? In investment markets, a correction represents about 10% decline from a recent high. We start to talk bear market territory when we reach 20% decline – somewhere we’re not. Much as a correction may sound scarier than it looks, remember that corrections are a normal part of stock market trading. For instance, the S&P 500 has had about 5 corrections between 1990 and 2000 and 4 between 2010 and 2017. Yet the same index was about 339 points in 1990 and about 2275 points in 2017^. Historic

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