James Lavorgna, Founder of Spencer Advisory Services, Discusses The sequence of Returns and Aggressive Retirement Planning.

James Lavorgna discusses the sequence of returns and aggressive retirement planning.  Sequence of Returns risk refers to the impact that the order of investment returns can have on people’s retirement savings, especially when people start withdrawing funds. Poor returns early in retirement can significantly reduce people’s savings because they withdraw money while investments are losing value. Conversely, strong returns early on can provide a cushion for future downturns. To manage this risk, it’s important to diversify people’s investments, adjust their withdrawal amounts based on performance, and consider strategies like the…

Winnetka Park District refining separate Centennial, Elder Lane Beach projects

Sugg head: Winnetka Park District refining separate Centennial, Elder Lane Beach projects By Doug T. Graham The Winnetka Park District’s plan to improve Centennial beach does not call for washroom facilities, so visitors seeking a toilet will be directed to wade into Lake Michigan … so they can avoid the private beachfront property owned by Phoenix Suns co-owner Justin Ishbia and walk to the restrooms at Elder Lane Beach. Park District officials confirmed that plan during a district board meeting Thursday evening. "Right now we would propose that people would walk to, using the natural contours of the beach, walk […]