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
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
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
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?
There is a retirement income “rule of thumb” that states that once you retire you can basically invest in the market and pull 4% a year, adjust it for inflation every year and you will never run out of money. Read More
The average American spends 35% or more of their life working to pay taxes. That means that roughly 2 hours of every workday or 3 to 4 months a year is dedicated to feeding the government. Read More
The most important objective of your retirement plan is to create reliable income for you and your spouse. For that reason, you need to tap into financial resources that will produce income, in a secure and consistent manner. Read More
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
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
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