Breaking Down the Bear Market
We’re officially in a bear market, so what does this mean for investors? In this episode, Rob Auclair discusses what investors should know about bear markets, how to understand bear markets within a historical context, and how pulling out of the market could affect portfolios. Topics Discussed: Average duration and return of bear markets historically […]
Word of the Day: Engaged
Engaged means greatly interested or committed. In this Word of the Day video, Rob talks about what it means to be engaged and how it affects your relationships when you’re more engaging with other people. Topics Discussed: What it means to be engaged with people The benefits of being more engaged How to become more […]
Real Estate Expert Chad Kritzas Talks 2022 Market Correction
Rob talks with Chad Kritzas of Home Smart Real Estate to discuss the effects of the 2022 market correction and rising interest rates on the Rhode Island real estate market. Topics Discussed: Record median real estate prices in RI Changes in inventory and sales rates Drastic interest rate increases in context Recent market shifts and […]
Market Correction or Recession?
By mid-year 2022, the stock market has dipped to the extent that we are in a market correction. In this episode, Rob Auclair explains what a market correction is, how it differs from a bear market and a recession, and what we can expect in terms of recovery. He also explains what investors can do […]
How to Prepare for Estate Planning With Confidence
Estate Planning Estate planning may not be a fun topic, but it’s important, and everyone should know the basics of an estate plan. In this chapter, Rob discusses revocable and irrevocable trusts, the purpose of a will, and the role a financial planner plays in the estate planning process. Snowbirds Many New Englanders move south […]
What You Should Know About Your Financial Advisor
What You Should Know About Your Financial Advisor Before working with a financial advisor, it’s important to understand that advisors can have specialties, unique backgrounds and qualifications, offer a variety of services, and have varying business models. Asking the right questions to determine if someone is the right advisor to help you meet your goals […]
Tax Planning Tips for Retirement Savings
Tax Planning for Retirement Savings You only get one shot at retirement, which is why it is so important to sit down with a financial advisor who knows how to help you best prepare. In this chapter, Rob discusses tax strategies that will save you money and better position you to grow your balanced investment […]
Emotional Preparation for Retirement
Emotional Preparation for Retirement Retirement planning is about the numbers, but it also concerns the emotional side of transitioning from your accumulation years into a period where you begin to spend your savings. In this chapter, Rob talks about the identity shift that comes with retirement, how to reduce anxiety around finances, the importance of […]
Asset Allocation as the Foundation for Successful Investing
Asset Allocation as the Foundation for Successful Investing Investing is one of the most important pillars of financial planning, and balancing your asset allocation is the most important factor in laying the foundation for successful investing. In this chapter, Rob shares the reason behind this investing philosophy and what it means to build a balanced, […]
Choosing a Lump Sum vs Stream of Income in Retirement
In this premiere episode of Retire with Balance, Rob Auclair of Balanced Wealth Management pulls back the curtain on what it looks like to work with a financial advisor and exactly what financial planning entails in a way that takes the mystery out of the process. Having a firm grasp on your finances will put […]