About Dan Crimmins

Dan Crimmins, co-founder of Crimmins Wealth Management, is a financial coach and fee only financial planner. Have a financial question? ASK DAN
Author Archive | Dan Crimmins
Our Longevity and Purchasing Power

Our Longevity and Purchasing Power

In ancient Roman times, there was an elder by the name of Cato who said:  Cessation of work is not accompanied by cessation of expenses  This applies today even more so than it did back then. Even if you were a member of the wealthy class during Roman times, the average life expectancy was age […]

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Countess Maria Zichy, painter, 1893-1962, standing beside portrait of Benjamin Franklin

Enjoy the Benefits of Financial Planning: Live Younger Next Year

You need to plan for a 3+ decade retirement.  This generally comes as a surprise to most people the first time they hear it, but modern medicine continues to extend people’s lives well beyond what their parents experienced.   As a reminder, the average non-smoking man and woman retiring at the U.S. average retirement age of […]

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2016 Stock Market Review

In 2016, the US stock market reached new highs and stocks in a majority of developed and emerging market countries delivered positive returns. The year began with anxiety over China’s stock market and economy, falling oil prices, a potential US recession, and negative interest rates in Japan. US equity markets were in steep decline and […]

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It’s Always Something … with market worries

Forever, investors have had to endure the latest headlines on how the stock market was going to go down because of whatever the crisis of the day was. Do you remember a year ago that the U.S. stock market as indicated by S&P 500 Index fell 8% over the first 10 trading sessions of 2016 […]

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dog-whisperer

Investment Whisperer – Behavioral Advisor

One of the best shows on television over the past decade and a Crimmins household favorite is the “Dog Whisperer” with Cesar Milan.  Cesar has an incredible way of training dogs.  New episodes of the television show aired between 2004 and 2012, and the show can now be found in syndication. Cesar found his current […]

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How to Obtain your Social Security Income Estimate

When Maureen and I meet with people for the first time to explore if we are a good fit for us to help them reach their goals, one of the key questions that we ask is What income will you need to have in your first year in retirement?” As retirement income planners, we need […]

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The Power of Markets

In 1958, economist Leonard Read published an essay entitled “I, Pencil: My Family Tree as Told to Leonard E. Read.” The essay, narrated from the point of view of a pencil, describes the “complex combination of miracles” necessary to create and bring to market the commonplace writing tool that has been used for generations. The […]

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Try Donor Advised Funds instead of a Private Foundation

It is every man’s obligation to put back into the world at least the equivalent of what he takes out of it   Albert Einstein If this is your belief and you have contemplated starting a private foundation to be able to control how the money is spent, then this post will hopefully expose you […]

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What is your part to play?

Maureen and I were late to the game with the hit TV show “Downton Abbey”  This British drama series follows the lives of the Crawley family and its servants in the family’s Edwardian country house. The series begins with the 1912 sinking of the Titanic, which leaves Downton Abbey’s future in jeopardy. The highly acclaimed […]

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What

Belling the Cat – Using research to time markets

 Sometimes even the best of ideas are only good in theory because they are impossible to implement in practice.  This holds true to the financial world as well. Academic financial research generates hundreds of research papers each year highlighting potential ways for investors to get a possible insight on the direction of the stock market.  Many […]

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