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Retirement risks to consider

moneymatters 600The road to a comfortable retirement is full of risks, and they don't end when you stop working. As an investor, you are probably aware of market risk. You might also have considered longevity risk – the risk that you could outlive your retirement assets.

Here are four additional risks that may be worth considering, whether you are in the accumulation phase of your retirement journey or are already spending down your savings.

Inflation. The inflation rate has been relatively low over the last five years, averaging about 2.25 percent per year. But even that level can eat into the purchasing power of your savings. And long-term inflation trends have been higher, averaging 2.85 percent annually over the last 30 years. Although you may want to tilt your portfolio toward more conservative investments after you retire, you still might allocate some assets to stocks and other investments that have the potential to outpace inflation. Of course, all investments are subject to market fluctuation, risk, and loss of principal. When sold, they may be worth more or less than their original cost.

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Kam’s Kapsules: OPENING THIS WEEK

Diddy 600For movies opening April 11, 2014

BIG BUDGET FILMS

"Draft Day" (PG-13 for brief profanity and sexual references) Kevin Costner stars in this gridiron saga as the Cleveland Browns' general manager determined to turn the franchise around after 13 years of bad luck with the help of this year's #1 draft pick. Ensemble includes Jennifer Garner, Terry Crews, Frank Langella, Sam Elliott, Chadwick Boseman, Denis Leary, Ellen Burstyn, Rosanna Arquette and Sean "Puffy" Combs.

"Oculus" (R for terror, violence, disturbing images and brief profanity) Supernatural thriller about a woman's (Karen Gillan) effort to exonerate her brother (Brenton Thwaites) of their father's (Rory Cochrane) killing by proving that the perpetrator was actually an evil spirit that had inhabited their home. With Katee Sackhoff, James Lafferty and Garrett Ryan.

 

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The business of natural hair

CarleeMcCullough-160Madam C.J. Walker, Johnson Products, Pro-line and SoftSheen are all companies that have benefited greatly by providing products for black hair. These entities lead the way for other firms to profit from the industry as well. Corporations such as L'Oreal and Pantene seized the opportunity to expand their business into the market by leveraging their financial strength and distribution network. Many of the smaller black-owned companies were acquired by the major corporations and positioned as divisions.

In last week's column detailing HINO (Hair Industry Night Out), state Rep. Antonio Parkinson pointed observed that there is a natural movement going on outside of hair care; more and more people want to be closer to nature and anything that has to do with lifestyle or healthcare. As women increasingly move toward embracing their natural hair and leave behind damaging processing and/or chemicals, styles are ranging from natural curls to locks and pressing/flat iron to afros.

Feeling liberated, many women now wonder why they waited so long to embrace their natural hair. Along with this movement come myriad business opportunities.

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When things get unbearably rough, make a plan to get going

LucyShaw-160Dear Lucy: I work for a company where I get to see a lot of what really goes on because my job is at a low level in the organization. People assume that I am not paying attention because of my status. But I do. What I see is a lot of backbiting, meanness, lying, frustration and little respect for the customer, the boss or each other. I try to be a pleasant team player. My efforts don't really matter. I need my job but enough is enough. I am feeling tainted by all the negativity. What can I do to stay in the saddle?
– Rough Rider

Dear Rough Rider: Sounds to me like everybody is having a rough ride! Here are some things to consider.

If this has been going on longer than three years, chances are it will not change without a drastic change in leadership. You don't control that.

Sometimes, no matter how pleasant we may be, a spirit of anger and resentment when anchored, will not be pulled up by one person's attempts to be nice. You don't control that.

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