Investment Inflection Points Explained

You may have heard the term “inflection point” or “investment inflection point” in financial conversations or articles. There is a lot of talk about inflection points, but what exactly are they? An inflection point is a term for any event that causes a notable change or shift, either positive or negative, in any situation or status quo. In the field …

What is Decumulation ?

Decumulation is a word that you may have heard in financial discussions, but you may not know what it actually means. In simple terms, “decumulation” is defined as the conversion of assets accumulated over the course of your working life into income to be spent after retirement. It sounds simple and easy enough, but decumulation can come with new risks, …

Preparing For The Worst: My Emergency Fund

According to a survey, nearly 60% of Americans have less than $1000 in savings, and many have nothing at all! This could be down to a number of causes, from low wages and high rates of debt to overspending. Conventional wisdom is that the most important component of a sound financial plan is an emergency fund. Having a reserve of …

Savings Rates and How to Gauge Yours

Expressed as a ratio or a percentage, a savings rate is the amount of cash you take off your disposable income with the intention of stowing it away for retirement, a nest egg or any other personal goal you have. As well as being put into a savings account with a bank, savings are also put into super low risk …