CategoriesFinancial Planning, Investor Education, Retirement Income by

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

CategoriesFinancial QB TV Videos, Retirement, Retirement Income by

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

Retirement and Recession
CategoriesEconomics, Financial Planning, Financial QB TV Videos, Income Planning, Retirement Income by

What Should Retirees Be Concerned With During A Recession

We are now officially into a full-fledged recession based on the data from the last two quarters. So welcome to Recession 2022 – The New Economy.

For the last few months, we have participated in several forums and conferences speaking about recessions and its effect on markets, your finances, retirement, and the opportunities that investors may have. Read More

CategoriesLife Insurance, Retirement Income, Risk by

Life Insurance Is an Investment!

What’s the best way to invest in your future?

Life insurance is an investment…in more ways than one.

 

For all its benefits, only 54% of Americans have some form of life insurance, which means there’s a pretty good chance that you’re one of the millions of adults without this vital form of coverage.

Perhaps you think you can’t afford it. Or you’re overwhelmed by all the options in the marketplace. Maybe you simply don’t like thinking about your own mortality.

However, I think more people should review life insurance as part of their overall retirement and family planning. Read More

How to Stay Retired
CategoriesRetirement, Retirement Income by

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

CategoriesInvestor Education, Life Insurance, Retirement, Retirement Income, Roth IRA, Traditional IRA by

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

How Do I Maximize My Social Security Benefits?
CategoriesFinancial Planning, Financial QB TV Videos, Retirement Income, Social Security by

How Do I Maximize My Social Security Benefits?

If you’ve worked for any portion of your life, you’re probably looking forward to the day when you can retire and collect your social security benefits. But you’ve also probably spent some time worrying if social security will be enough to cover your expenses.

Luckily, there are ways to maximize those benefits. Read More