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Accretive Wealth Blog

Be Smart About Retirement

Wednesday, June 26, 2013

Last week we talked about saving for your children’s education, but it’s even more important to create realistic plans for your own retirement. While you want to do the best for your children, you don’t want to ignore your own interests and jeopardize your ability to live comfortably later on. Retirement lasts longer than it used to: A man who’s 50 years old now is expected to live to be 82, while a woman is expected to reach 85.

Many of us don’t realistically think about our retirement, if we think about it at all. Let’s take a look at some numbers from the National Institute on Retirement Security’s June 2013 report, The Retirement Savings Crisis: Is It Worse Than We Think? (The answer is a resounding yes.) Continue reading “Be Smart About Retirement” »

529 Plans: College Savings with Flexibility & Tax Protection

Wednesday, June 19, 2013

Some of our clients and friends weren’t able to attend our dinner meeting on June 17, when BlackRock VP Vivian Tsai gave an illuminating presentation about 529 plans. In this week’s blog post, we’d like to share some of the information she provided.

Let’s start by taking a look at college costs, which are high now and expected to continue rising. According to Sallie Mae’s How America Saves for College 2013, the cost of attending a four-year college in 10 years is estimated to be $139,028 at a public institution, or $248,878 at a private institution. Clearly, you need to begin saving for your children’s education as early as possible. If you started putting just $200 a month into a tax-free investment vehicle when your baby was born, by the time the child turned 21 you’d have about $120,000 (assuming a 7% annual return, gross of fees). Continue reading “529 Plans: College Savings with Flexibility & Tax Protection” »

Putting Your Money Where Your Beliefs Are

Wednesday, June 12, 2013

We’re excited about our new strategic partnership with the Aperio Group, an alliance that allows us to offer customized Sharia-compliant portfolios to our clients. In the past, investors who wanted to reflect their Islamic values in their investments have had very limited options. To broaden those options, we turned to the Aperio Group, a pioneer in applying enhanced indexing techniques to socially responsive portfolios.

Aperio worked with us to design two new solutions—one is benchmarked to the MSCI All Country World Index (MSCI ACWI) and the other is benchmarked to the Russell 3000 Index. For any Accretive Wealth client who meets minimum requirements, Aperio will create a portfolio of individual stocks managed separately to track one of these index benchmarks. Continue reading “Putting Your Money Where Your Beliefs Are” »

Taking the Market’s Temperature

Wednesday, June 5, 2013

In this week’s post, Accretive Wealth’s CEO, Faraz Sattar, continues his conversation with Daniel Kern, president and chief investment officer at Advisor Partners, LLC, Accretive Wealth’s new partner. They discuss world economic trends as well as market opportunities and challenges.

Faraz: Let’s start with your take on the US economy. Where do we stand?

Dan: The domestic economy is doing okay. It’s certainly not great, but we have come off the bottom. First-quarter earnings actually beat expectations, even though revenue fell a bit short. The housing market is rebounding nicely; employment appears to be improving. We don’t expect the Fed to take any dramatic measures any time soon, although it will likely taper off liquidity measures in the second half of 2013. Continue reading “Taking the Market’s Temperature” »