The Stock Market Can’t Save You

As you get closer to retirement, much of your success will be determined on how much you have saved. Unfortunately, if you didn’t do a great job of putting money away, the stock market can’t save you.

The stock market can be a great way to grow your wealth and since its inception has provided extremely generous returns to patient and prudent investors. However,if you don’t save enough money, the returns can’t save you.

A lot of people think that investing in the stock market is easy. All they have to do is invest their money and then let the market do its thing. But that’s not true! Read More

5 Tips to Transition Into Retirement

You’ve made it! You’ve reached retirement.

Now what?

When it comes to retirement, many people focus almost entirely on the money. Retirement is a time of transition. It’s the end of one chapter and the beginning of the next. It can be scary, but it doesn’t have to be. There are lots of things you can do to make your new lifestyle as successful as possible—and we’re here to help you get started.

There’s no one right way to retire; every person’s path is different and unique. But there are some best practices that can make your transition into retirement smoother and more successful.

Here are 5 tips for a happy transition into your new life. Read More

Stop ESG Investing

If you are saving for retirement (or retired) it is in your best interest to get as much out of your investments in the stock market as possible. You should always eliminate political virtue signalling from your investment decision-making.

ESG stands for Environmental, Social and Governance. The strategy means investing in companies that score high on these factors as determined by a (usually biased) third-party company or group. The assumption is that the better a company’s ESG score is, the better their overall performance.

ESG investing sounds great. It also makes you feel good about the investments you make and should help you sleep better at night. But it may not be all that it seems, especially for investors who don’t fully understand what it is and how it works. 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

How to Stay Retired

How to Stay Retired

Retirement should last the rest of your life.

Here are some tips on how to stay retired.

 

If you were to ask soon-to-be-retired Americans what they plan to do during their retirement, you’d probably get a huge range of answers: see the grandkids, travel, start a new hobby.

But if you were to ask those same people how long they would like retirement to last, you would likely get the same answer over and over again: “The rest of my life, of course!”

These are the Golden Years, and you want to spend them doing the things you enjoy at your own pace. After all, no one wants to retire and travel the world for 10 years…only to have to go back to work at the ripe old age of 75.

In short, you don’t just want to be retired, you want to stay retired! Read More

8 Tax Free Investments You Should Know About

“Nothing is certain except death and taxes.” Benjamin Franklin was certainly right about a lot of things over his lifetime. And it absolutely feels like taxes are unavoidable, but are they really? Well, no! There are certain investment types that are completely tax-free.

While you probably shouldn’t be too concerned with dropping the amount of taxes you pay each year down to zero, understanding how your investments can impact your taxes and using that to your advantage is a great way to maximize your money. Read More

Should I Pay Off My Mortgage?

All the financial experts say debt is bad.

Should I pay off my mortgage as early as I can?

Sooner or later, every homeowner begins to dream about the day when they own their home free and clear. No more mortgage payments…extra money each month to invest…what’s not to love?

Even financial experts like Dave Ramsey are known for singing the praises of ridding yourself of any and all debt—including your mortgage.

Whether this is a realistic goal or not, it leaves many homeowners wondering, “Should I pay off my mortgage early?”

Unfortunately, there isn’t a simple yes or no answer, but I can (hopefully) put your mind at ease about getting out of debt. Read More