You may be familiar with various techniques used to maximize Social Security benefits. We have been very proactive in educating our clients on these issues and recommending these techniques when appropriate. As part of the Bipartisan Budget Act of 2015 signed in November, two frequently used Social Security claiming strategies known as “file and suspend” and “restricted application” are being discontinued.
The concepts discussed by Dimensional Fund Advisors Chairman David Booth in 2009 regarding the importance of balancing volatility risk and purchasing power risk are perhaps even more relevant today for investors planning for retirement.
In the October issue of Chicago magazine, six Forum advisors were recognized as Five Star Wealth Manager professionals. Five Star recognized John Adam, Mary Anne Ehlert, Marcus Heinrich, David Lennon, Norbert Mindel and Stephen Senesac.
Over the past week, stock markets worldwide have experienced a significant drop in prices. Whether the media calls them downturns, corrections, selloffs or crashes, such events are actually a normal part of investing in equities.
Forum Financial Co-Managing Partner Norbert Mindel was featured in The Wall Street Journal’s Voices on August 3.