Devin Consultants Financial Management in Singapore and Tokyo on 6 Mistakes to Avoid When Planning Your Retirement
When we’re young, we tend to think about retirement as though it’s just a really long, really great vacation. We picture a house near the beach or a golf course. We can get out of bed when we please, stay up all night if we want, and never worry about another missed deadline. A frosty beverage is always at hand, and there’s a hammock waiting in the shade. But as we grow older and retirement gets closer, that enthusiasm often turns to angst. We have to figure out how the heck we’re going to pay for the lifestyle we want when the paychecks stop — and that can be a challenge, even for the savviest of savers. Here are six mistakes to avoid when planning your dream retirement: 1. You do not have a plan. Your No. 1 goal in retirement should be to know how much you will have coming in each month from all of your income streams — and how you’ll make that money last. Most prospective clients I meet with have a broker who helps them choose and purchase investments, but they don’t have a holistic, written retirement plan that covers five key areas: Income (how you will pay yourself)Investments (how you will keep growing your money while also keeping it safe)Taxes (how you will hold onto more of the money you worked so hard to save)Health care (how you will deal with the short- and long-term care expenses that could significantly reduce your nest egg as you grow older)Estate (how your spouse, children and favorite charities will be taken care of when you die) Your plan is your guide to and through a successful retirement. 2. You have never had your portfolio stress-tested. One of the first questions I ask clients is how much money they’re willing to lose if there’s a market downturn. They always say zero. Of course, that isn’t an option in investing; to earn a return, you must take on some risk. But we usually can land on an amount they can handle, both financially and psychologically. Software (such as the Riskalyze program we use) can help determine your risk tolerance — and whether that’s what your current portfolio is built for. Most people are surprised to see how aggressive their investments are compared with their comfort level. This can be fixed — but first, you have to know where you stand. 3. You do not have a tax plan. Investors often underestimate how much they will pay in income taxes after they retire. Some aren’t aware that up to 85% of their Social Security benefits can be taxed. Others forget that Uncle Sam owns a portion of their 401(k) or IRA if they aren’t in a Roth account, and when they take out their money, they’ll have to pay him his share. Many are under the (usually mistaken) impression that they’ll be able to live on far less income during retirement. I recommend working with a CPA who understands retirement income tax planning. And it’s always a plus if your financial adviser and tax professional are working as a team to maximize tax efficiency. 4. You have an unrealistic income plan. Many of the income plans my prospective clients come in with use a high rate of return that, at best, is a reach; they use minimum inflation protection rates and low tax rates; and there are no assets set aside for health care costs. A plan like that could leave you in a vulnerable situation. I prefer to build a more conservative plan, and if it turns out you have more money to work with than you thought, its gravy. 5. You do not understand investment fees. Most investors don’t know how much they pay in fees, which can be layered and complicated. When we run software to identify those fees, we find some people are paying as much as 3%. That may not seem like a lot, but if you look at a $1 million portfolio with an 8% rate of return over a 30-year period: A portfolio with 3% in annual fees will have $4.0 million.A portfolio with 2% in annual fees will have $5.5 million.A portfolio with 1% in annual fees will have $7.4 million. The power of compounding interest is a beautiful thing — and you want to make the most of every penny you put away. Pay attention to your prospectus, and don’t be afraid to ask about fees. Your vigilance could save you thousands or even millions of dollars over the course of your retirement. 6. You do not have an estate plan, or you don’t update it regularly. If you don’t have an estate plan, the state in which you live has one for you — and it likely won’t be anything close to what you wanted for your loved ones. Again, it’s best if your adviser is working with a CPA and an estate-planning attorney. Most people need a will, a living will and a power of attorney, which should cost around $400 to $600, depending on the attorney. You also may need or desire to draw up a trust. If your legacy is an important part of your retirement dream, your wishes should be included in your comprehensive plan. If you’re closing in on retirement — or if you’re already there — putting together your written plan should be a priority. And if you’ve been fretting, knowing that you have a guide to go by can make your retirement dreams feel a little more doable. Just make sure your adviser includes a way to pay for the occasional umbrella drink and at least one big comfy hammock.
It strikes me that today's routers provide pretty good protection against a lot of non-user-initiated attacks against the OS. They're also very inexpensive. That sparked an idea:How about building the firewall portion right onto the motherboard of today's laptops and desktops.It should be possible to bundle that into a single chip. It should sit between the motherboard and any built-in network connection, like wired Ethernet and Wi-Fi cards. (3rd party devices, like a USB Wi-Fi dongle would have to fend for itself.) It could be configured to act almost like a separate component. Most of the configuration could be done through a browser, just like today's routers. There should be an option to bypass the firewall on some of the connections, for maximum performance when necessary.This would provide the ability to plug in/log in to any network without exposing the OS to potential attack. Say, a laptop being used on a poorly-configured coffee shop Wi-Fi that exposes the customers' computers to each other. Or, attending a LAN party and plugging your desktop into a new network.This would also give Dell an opportunity, for a while, to advertise that their computers are better protected than the competition.
One of the most frustrating parts of owning a laptop is, after a coupla years, the filter to the cooling has gotten so clogged with dust that the laptop starts shutting down randomly.The frustating part isn't that it happens. What's frustrating is that simply cleaning the filter involves nearly breaking down the entire laptop. Usually from 20-40 screws, often removing the keyboard, and once, I had to remove the monitor. One time, I had to go get some thermal paste because there was no way to get at the filter without removing the entire radiator assembly, including the heat sink on the CPU.So, my request is, please provide very simple one- or two-screw access to the filter in front of the radiator. No special tools required.
I'm a web developer, wannabe game programmer and game player. My ideal monitor would be: 30", 16:10, IPS, LED backlighting, narrow bezels, 4k at 60 Hz and capable of 144 Hz at 2k. Nice to have: I am currently running nVidia, so GSync would be nice, but I'd like the flexibility of a Freesync version. Also, I can envision that some people might prefer 27", and, of course that would be less expensive. But, these old eyes would have a very difficult time reading anything at 4k on a 27" monitor.
Hello,Since 2003 I am professionaly working with Dell Latitude Laptops (D600)May I suggest that the keyboard which is used on the E5550 and my current E5570 is not the most comfortable one.Never made I so much typo's as in the last years I used this new style.The best keyboard yet was on it's predecessor, the Latitude E6540. The amount of typo's is way less as in use of the current keyboard.This I want to share with you and I'll be happy to help you testing new developed Latitude products.
Produce monitors with the same, interactive screen on both the front and back. This would prevent having to turn ones monitor so that a person sitting opposite can view what is being discussed. This would be useful in financial markets, doctor offices, insurance companies, businesses, schools, and anywhere that an individual wants to show another what is on their screen, but had to constantly turn the screen for the other person to view it. One side (front) monitor allows the presenter to continue without turning it for the viewer to see, while the viewer can see what is being presented, no screen turning, no craning necks. Both presenter and viewer could have access, by mouse, of pointing items of concern.
I give kudos to Dell for providing two options for recovering a system: SupportAssist OS Recovery (on separate partition; used in conjunction with Factory Image Restore), and downloadable "vanilla" OS recovery media. This gives the user options on bringing back a computer to life.However, on the SupportAssist OS Recovery method, it is lost when the vanilla media is used to re-image the hard drive. And there is no way to restore the "full" factory image (with the operating system, apps & drivers preinstalled; as if you were setting up a new Dell PC) after that.So my idea for more recovery options is: Dell SupportAssist OS Recovery (Factory Image Restore) - Used to back up files, diagnose, repair, or restore the entire computer to factory settings.Dell SupportAssist Factory Re-Image USB (must be downloaded) - Same as above, but can also be used for "bare-metal recovery" (blank hard drive).Operating System Recovery Media (must be downloaded) - For advanced (and adventurous) users, this media contains a "vanilla" image of Windows 10, without the Dell pre-installed drivers and apps. Useful if user doesn't wants a "clean" Windows without the bloatware. These options would benefit the user, if a restore is ever needed.
Hey all,I really want to push Dell to implement a 120 hz monitor option on their new laptop of the 7000 gaming line. A quality gaming experience really needs a higher refresh rate than just the standard 120 hz. For people like myself, a higher refresh rate really improves the game quality of FPS and is just an overall smoother experience in and outside of gaming. I understand that the Alienware line has the 120 hz option, but as a consumer, not everyone wants a flashy Alienware.I don't anything that screams, "GAMING" and from what I have seen other people feel the same way. As for the white letters on the keyboard option, it could help some people see the keyboard better because the red is really dark on the black.Other companies such as HP have implemented this in their Omen 2017 gaming laptop line for an extra $60 and I really want the same to be available for the Dell gaming laptops. I would not hesitate to spend the extra money for the better refresh rate. Dell, you have been highly criticized for the display that lacks on your 5000 gaming line and if you guys could implement this option as soon as possible on the new 7000, it would be amazing!
Here's an idea... how about Dell or a Dell rep acknowledge the threads on this site?Yes, I see that the status is "Acknowledged", but that looks scripted to me - automatic server process.We're taking time out of our day to give Dell free ideas, when we actually don't even know if our posts are being read.Perception is everything.
3 s – stability security save A new concept for smart people Ordinary people use computer for different goals- use computer to play games or navigate to internet and to use social media- use to write, to draw or to calculate tax- use to make shopping and payThe specialist use computer at work for different and special jobs But all this need 3 s 1.stability at operation system and have a button or a key combination to revert at a stability version of software when take a virus2. security for date who use and for work who made3.save periodically the work For example, an account makes and write everyday thousand of operation and he is needing to save his work. Maybe if the computer has an additional hard disk who save the accounts work - the account is happier – this is a computer for accounting – your data is save automatically A parent want that the children make safety when navigate to internet and maybe if parents receive a data report (make a simple software) and have possibility to block some address … a intelligent parents choose this product who have a little software When your computer receives a virus is a bad day and is must to go to a specialist to fixes ..but if I have a key combination… PS. a account search for a solution to save daily work, a parent search a solution to control internet navigation