Savant Blog

Savant offers perspective on a variety of topics. Entries range from current events to timeless insights in the world of finance and investments.

06 Jun
June 06, 2017

Fiduciary: a legal term that has always been near and dear to us at Savant, a word that has long been toxic to brokerages and traditional investment firms, and a concept generally not understood by consumers at large.

In layman’s terms, a fiduciary is someone who is legally and morally bound to stand in your shoes, look through your eyes, and advise you and your family on important financial decisions in the same way he would make them for himself or

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17 May
May 17, 2017

One of the top concerns for Americans in their 60s is how to pay for retirement. Consider focusing on a plan for these five areas of financial planning to help gain confidence as you approach or enter retirement. Interestingly, many individuals’ first anxiety is loss of principal – particularly with 2008 still in our collective rearview mirrors. However, given that retirement may last 30 years or longer, workers approaching retirement need to be just as focused on loss of purchasing

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12 May
May 12, 2017

Young adulthood often marks the passage of several major life events including beginning a career, getting married, starting a family, and buying a first home. As young adults ourselves, my husband and I welcomed our first child, moved states for a new career, and bought our first home, all in the past year.

While settling into being first-time parents and exploring our new neighborhood, another important item lingered on our to-do list: ensuring our son would be taken care of, if

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02 May
May 02, 2017

According to a recent study by Fidelity, the average total cost of health care for a retired couple, currently age 65 and living until ages 85/87, will be $245,000!1 When people think about their retirement goals, they often overlook the expenses associated with keeping up their health. Being aware of your options and how you can fund this goal in retirement can help mitigate the possibility of having to give up your current lifestyle.

Know Your Health Insurance Options

What are your

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29 Mar
March 29, 2017

There is usually some permanent damage done when you lose someone you love. Most of the time, this comes in the form of grieving for that special person. From the benefit of time, the intense grieving usually fades away. Survivors are left with the burden of surviving, and, financially speaking, sometimes there is little available to help.

When Social Security was passed in 1935 it was strictly a benefit for retirees. It wasn’t until 1939 that a change was added to

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