Callahan Financial Planning's Blog Posts

“Market Volatility” Really Means “I Don’t Know”

What does the financial news media mean when they say, “brace for more market volatility”? Over several decades in the investment business, I have consumed many thousands of hours of financial news from the likes of CNBC and Fox Business News. Over that same time period I have...

Fiduciary – An Important Term to Know

• Fiduciary noun. From the Latin fiducia, meaning "trust," a person (or company) who has the power and obligation to act for another under circumstances which require total trust, good faith, and honesty. (Free Dictionary) As a registered investment adviser, we work as a...

What is Annuitization? What is an Immediate Annuity?

One of the most confusing and least understood terms for the investing public is annuitization. Unlike stocks, bonds, mutual funds and exchange traded funds (“ETF’s”), annuitization does not come up in cocktail party or water cooler conversation very often. What does it...