With any form of cancer, the earlier the disease is detected and treated, the better the outcome is likely to be for the patient. Survival rate, quality of life, and the complexity and cost of treatment are all dramatically improved when cancer is caught early and treated appropriately. In fact, with more aggressive cancers, it’s often the case that cure is possible only when the disease is caught in the earliest stage.
After a year in which many things familiar were turned upside-down, there’s one time-honored tradition that opens 2021, as it does the start of every other year: the making of New Year’s resolutions. Research shows that about half of all Americans resolve to lose weight, save more money and spend less, be a better partner and person, be more organized—or any other type of personal improvement—in the new year. However, fewer than one out of 10 of those resolvers carry through with those good intentions.
Readers of a certain age will undoubtedly recall the Great Blizzard of 1978. (Where was Global Warming when we really needed it?) Actually, the Great Blizzard was a series of three separate storms that struck in January and February. The first storm bypassed Ohio but hit New England with nearly two feet of snow within 48 hours. We got our share during the second phase of the Blizzard.
As we embark upon another long Northwest Ohio winter, we can expect slick, icy conditions to prevail at some point in the season, putting area residents at increased risk of slip-and-fall accidents. For people with strong, healthy bones, a simple slip and fall usually just results in a bruised ego—and, potentially, a sore backside—but for individuals predisposed to fragility fractures, this common mishap can prove to be debilitating or even life-threatening.
Most portfolios are constructed based on an individual’s investment objective, risk tolerance, and time horizon. Using these inputs and sophisticated portfolio-optimization calculations, most investors can feel confident that they own a well-diversified portfolio, appropriately positioned to pursue their long-term goals.¹ However, as a retiree, how you choose to live in retirement may be an additional factor to consider when building your portfolio.