RL Wealth Educates - The Blog of Rubino & Liang Wealth Partners

Sam Liang


Recent Posts

Never Underestimate The "Power of Zero"

Mar 30, 2019 11:00:00 AM / by Sam Liang

In this week's post we'll discuss the importance of having products within your mix of your portfolio that you can count on when the market drops.

A bit of backstory - last week I met up and had lunch with Patrick Kelly, best-selling author and the man who wrote the Stress-Free Retirement book - a book that we often lend out to people who come in for a consultation and want to read more on how to help eliminate the common pain-points and hassles on the path to retirement.

We were discussing his new book, but started to go back to a few topics that he discusses in Stress-Free Retirement, and one of those is just how powerful never taking a loss is in building long-term wealth.

Take a moment to consider this hypothetical scenario:

There are two black-jack tables in front of you, and you are trying to choose which one you'd rather be playing:

Table 1 - a traditional blackjack table. You bet $10, and if your hand beats the dealer, you win your $10 back and an additional $10. If the dealer's hand is better than your hand, you lose your $10 bet.

Table 2 - The Power of Zero table. You bet $10, and if your hand beats the dealer, you win your $10 back, but only an additional $5. However, if the dealer's hand is better than your hand, you simply keep your $10 bet and you lose nothing.

Which table would you sit down at?

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5 Must-Read Books on Retirement Planning

May 22, 2018 1:06:34 PM / by Sam Liang



Whether you are just starting to think about retirement, or you are in retirement already, you have only two jobs:

The first is to make sure you don’t lose what you have. Chances are, if you’re in your 50s or 60s, you now have the most money you’ve ever had in your life. So, you don’t want to lose it and go backwards, or even worse, have to start over.

The second job you have is to make sure your savings last for the rest of your life. When you are working, you get a paycheck. When you stop working, your savings becomes your paycheck.  It’s both a blessing and a problem that people are living much longer today. We watch what we eat, exercise more, and with the help of modern medicine, we can live well into our 90s. 

My parents lived to age 97 and 95. That’s the blessing. The problem is that now our savings have to last just as long as we do! So, if you retire at age 65, there’s a better than average chance that your savings will need to last 25 years or longer. Think back 25 years ago – would the amount of money you had then last for the rest of your life? Most likely not.

To help you to prepare and become educated for retirement, I suggest you take a look at the following five books. They’ll help you better understand what challenges may lie ahead, and what you can do to add some peace of mind to your retirement decisions.

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Think you are ready for retirement? Answer these 6 questions first...

Apr 12, 2018 10:57:41 AM / by Sam Liang



If you are thinking about retirement, or are nearing retirement, its go time. We call this the time period the “retirement red zone.” Do you have enough? Will it last? When should you retire? These are some of the many questions you’ll be facing as you make important decisions about your future.

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