How Secure 2.0 Changes Your RMD

The Secure Act 2.0 was signed into law on December 29, 2022 bringing some major changes when it comes to retirement planning. Among the most notable is a change to Required Minimum Distributions (RMD). The new law builds on earlier legislation that allows retirees to delay required minimum distributions (RMDs) until a later age. This can be a significant benefit for retirees who don’t need the income from their retirement accounts and want to keep their savings invested for as long as possible. Read More

The BIGGEST (often ignored) Risk to Your Retirement

Retirement is a time when many people look forward to leaving the workforce and enjoying what should be the most enjoyable phase of your life.

There are many risks when it comes to investing and preparing for retirement. However, there is one threat that is often ignored which has a HUGE impact on the success and reliability of your retirement.  The government can impact your retirement negatively. Here are a few examples: Read More

A Dog is Great for Your Retirement

We all know that in the grand scheme of things, retirement is an incredibly important part of life. It’s a time when we can finally live our lives how we want to, with no one to answer to but ourselves.

There are some obvious sure ways to have a successful retirement. Strategies like making sure to have protected reliable income, a diversified portfolio, reducing your taxes, are solid a solid start.

But what if you could make your retirement even more enjoyable? What if you could have a better quality of life during your golden years? Read More

Do Taxes Impact Your Economic Decisions?

Taxes impact decisions in a very real way. When it comes down to it, people like paying lower taxes because it means more money in their pockets!

Why did Tyreek Hill choose to play for Miami instead of the NY Jet’s? He has a great reason. Jerseyites think about it for a minute – same for New Yorkers, Californians and others! And this is just football. Think about major corporations and the jobs they bring. Read More

Is Real Estate A Good Investment for Retirement

So if you’re considering investing in real estate, you should know the benefits (and the downfalls).

Including real estate in your investing portfolio adds diversity to reduce your overall investment risk. And there are many ways to achieve this. Some options may be buying real estate investment trusts (REITs). Others, may be more active like buying and holding rental properties for cash flow and capital appreciation. This type require active involvement and a fair amount of knowledge to be successful.

Here are the advantages of real estate investing; Read More

Whose the Real Fiduciary Advisor

So you want to know what a Fiduciary is? In the world of financial advisors, the word “fiduciary” is thrown around a lot. But what does it actually mean?

You’re in luck. In this article, we’ll break down the differences between a Fiduciary and other Financial Advisors, as well as what it means for you and your retirement plan.

A fiduciary is someone who has a legal and ethical responsibility to act in their client’s best interest. In other words, they’re not allowed to make any decisions that will benefit themselves at their client’s expense.

Types of Financial Advisors: Who Is A Fiduciary

Titles such as financial advisor, wealth manager, investment advisor, registered representative, and even financial consultant do not help the average investor (prospect) distinguish skill and proficiency much less whether they are allowed to act as a fiduciary. Read More

Are You Considering Delaying Retirement

Have you been thinking about delaying retirement?

If so, you’re not alone. According to a recent survey of American workers, more than half of those surveyed said they plan on working past the age of 65. But why?

  • Is it because people are getting living longer?
  • Do you need to work longer to save up enough money to retire?
  • Is it that rapid inflation means retirement is going to cost more?
  • Are just plain scared of what happens when you stop working?

Read More