Retirement Guide
RetireGuide.com has current information about several financial planning topics. https://www.retireguide.com/
Risk Tolerance Questionnaires
If you believe that you can benefit from a risk tolerance questionnaire, here are some free resources:
CalcXML – What is my risk tolerance: https://www.calcxml.com/calculators/inv08
Rutgers – Investment Risk Tolerance Quiz: http://njaes.rutgers.edu/money/riskquiz/
Please keep in mind some issues when assessing your risk tolerance: 1) Recognize the difference between risk tolerance and risk capacity; 2) the role of risk (mis)perception; and 3) risk composure – the stability of a client’s perceptions of risk can vary from one decline to the next.
Estate Planning Podcasts and Publications
Robert Fleming and Elizabeth Friman, attorneys and partners at Fleming & Curti, PLC, have an entertaining and informative podcast series and newsletter which cover a variety of estate planning topics. https://elder-law.com/podcasts/
Brent Nelson and Rachel Sass, attorneys and partners at Rimon Law in Tucson, also have an informative podcast series and blog on estate planning issues. https://wealthandlaw.com/category/podcast/
The Law Offices of Travis R. Walker (in Florida) have prepared a good overview for those who are beginning the estate planning process or maybe want to review their estate plan for missing components. “25 Steps for Estate Planning”: https://www.traviswalkerlaw.com/25-steps-for-estate-planning/
Financial Planning Software
Sabino Investment Management, LLC clients have access to Right Capital financial planning software, which is included as part of the service. It provides financial planning information including retirement planning, tax efficient distribution strategies, budgeting, account aggregation, social security optimization, student loan planning, and assists the estate planning process.
The website, https://OptimalSocialSecurity.com provides a detailed analysis and explanation of Social Security benefits and considerations to optimize your benefits. According to the website, there are 2,728 rules for claiming your social security benefits and 567 unique ways to claim your benefits. The cost is a modest one-time fee of $40.
Intuit offers free financial planning software. You can create budgets, track and pay bills. It also has an investment tracking component to compare your portfolio to market benchmarks, review your asset allocation across all investment accounts and monitor fees. www.mint.com
Personal Capital is a wealth management firm that offers free financial planning software – if you agree to receive updates, newsletters and offers from their firm. www.personalcapital.com
This article lists several other free software programs for personal financial planning: https://www.thebalance.com/top-8-free-personal-finance-software-choices-1293614
Websites Related to Portfolio Management
Wall Street Journal – Bonds & Rates has current interest rates for US Treasury securities and other information. https://www.wsj.com/market-data/bonds
Bloomberg.com – Rates & Bonds has current interest rates for selected countries. https://www.bloomberg.com/markets/rates-bonds
Morningstar Investing Classroom has tutorials on a variety of investment topics.
http://news.morningstar.com/classroom2/home.asp?CN=sam
Morningstar.com is an excellent resource for research on mutual funds, ETFs, and closed-end funds. www.morningstar.com
Multpl – for historical information regarding the Shiller PE ratio, S&P 500 and US Treasury yields. http://www.multpl.com/
Portfolio Visualizer provides online portfolio analysis tools for backtesting, Monte Carlo simulation, tactical asset allocation and optimization, and investment analysis tools for exploring factor regressions, asset class correlations and efficient frontiers. https://www.portfoliovisualizer.com/
Research Affiliates is a great free resource. The company provides information related to asset allocation such as expected returns and potential volatility for various global asset classes and strategies.
Global Asset Classes: 10-Year Expected Returns:
https://www.researchaffiliates.com/en_us/asset-allocation.html
Smart Beta Interactive:
https://interactive.researchaffiliates.com/smart-beta#!/strategies
Websites for Specific Financial Topics
Bank for International Settlements. https://www.bis.org/
Closed-End Fund Association. http://www.cefa.com/
Federal Reserve System, Board of Governors. https://www.federalreserve.gov/default.htm
Federal Reserve Bank of St. Louis, Economic Research Department.
https://research.stlouisfed.org/fred2/
Oanda – for currency conversion information. www.oanda.com
Standard & Poor’s Ratings Services. “Guide to Credit Rating Essentials.”
http://www.spratings.com/documents/20184/760102/SPRS_Understanding-Ratings_GRE.pdf/298e606f-ce5b-4ece-9076-66810cd9b6aa
Trading Economics provides information for 196 countries including historical data for more than 300 economic indicators, exchange rates, stock market indexes, government bond yields and commodity prices. http://www.tradingeconomics.com/
US Department of the Treasury International Capital System provides information regarding capital flows between the US and other countries.
https://www.treasury.gov/resourcecenter/data-chart-center/tic/Pages/index.aspx
White House, Office of Management and Budget provides information about the federal budget. https://www.whitehouse.gov/omb