The Great Chicago Fire of 1871 burned for three days and killed nearly 300 people. In the aftermath of the destruction, blame was placed on a cow owned by local resident Catherine O’Leary. The cow kicked over a lantern, the story goes, which started the fire and burned roughly three square miles of the city. This tale continues to be told today, despite the fact that it just isn’t true. The story was invented by a journalist who simply wanted attention, and in the anti-Irish community of Chicago ... [Continue Reading]
Articles and resources related to Retirement Planning.
Jane Brody recently wrote this piece, Thriving at Age 70 and Beyond, for the New York Times that we found interesting, insightful as well as inspiring. Inspired by the book, "70 Candles! Women Thriving in their 8th Decade," Brody highlights the leading questions and topics facing women, in particular, as they age. Brody's insights as to the way the first generation in which huge numbers of women who have had careers, have approached retirement, is thought-provoking. CCM advisors place a great ... [Continue Reading]
Investing is of course an important component of the retirement puzzle, but getting great returns on your portfolio is not enough alone to be well situated for retirement. The mix between three key variables and having the discipline to control these variables is integral in a successful retirement strategy. These three variables are return, risk, and cash flows. Cash flows are not brought up nearly enough in retirement planning, although without intelligent spending the future is bleak. In the ... [Continue Reading]