Many investors look ahead to certain events in their lives as they plan their retirement. These are mostly age-based milestones, the times when investors make financial decisions that will affect their retirement for better or for worse. Read More
The Inflation that Never Leaves
Finding yourself surprised by the rising costs of everyday purchases? You’re likely coming face-to-face with the economic phenomenon known as ‘sticky inflation’. Read More
Don’t Fall for Fancy Math
Once upon a time, in the ever-fascinating world of finance, the siren call of complex charts and mind-boggling excel sheets beckon. Cloaked in a wizard’s robe, the financial planner appears with a twinkle in his eye, pulling you into the maze of retirement planning. They allure you with tales of turning your hard-earned $100,000 into a magical $1,000,000 retirement portfolio. And as mesmerizing as it sounds, I’m here to be your reality check. Don’t fret, the journey to the financial fountain of youth isn’t as arcane as it seems. So, buckle up as we deep dive into the wild world of retirement planning, debunking myths, and sprinkling reality checks along the way. Read More
Why Rollover Your Employer Retirement Plan Into An IRA
In the world of retirement planning, one of the decisions that people often face is what to do with their employer-sponsored retirement plans when they leave their job. Whether you’re transitioning to a new employer or stepping into retirement, it’s crucial to make informed decisions about your retirement savings. One option that many individuals consider is rolling over their employer retirement plan into an Individual Retirement Account (IRA). Here, we delve into the reasons behind this popular choice. Read More
Why the Government Loves Your 401(k)
You’ve probably heard the phrase, “There’s no such thing as a free lunch,” but when it comes to tax-deferred retirement accounts, it might seem like the government is offering just that. A closer look, however, unveils an intriguing retirement strategy that benefits both parties: the individual saver and the government. It’s a tale of tax-time savings for you and eventual tax revenue for Uncle Sam. Read More
Retirement Without Income SUCKS!
In the golden years of life, financial stability is paramount to maintaining your lifestyle and achieving true financial independence. Retirement planning plays a crucial role in securing this comfort, and the key to a successful retirement plan is a reliable, guaranteed income. While growth through investments such as the stock market is essential, they should not be the sole focus. Without a steady stream of income, retirement could be more of a challenge than a reward. Read More
Social Security: Claim and Invest or Wait
As you approach retirement, one crucial decision you must make is whether to claim your Social Security benefits early and invest them or wait until age 70 to maximize your monthly benefit. This blog post will discuss the pros and cons of both options, taking into account factors such as delayed credits and the tax implications of receiving and investing Social Security benefits. Read More
Dealing with A Divorce During Retirement
Divorce is always a difficult and emotional experience, but it can become even more complicated when it happens during retirement. Not only does a divorce in retirement affect your personal life, but it can also have a significant impact on your financial future. Retirees who have carefully planned for their golden years may suddenly face unexpected changes in their financial situation due to a divorce. Read More
ESG : How the Government Destroys Markets and Your Retirement
Environmental, Social, and Governance (ESG) investing has seen an unprecedented surge in recent years. While ESG factors should lead to more sustainable and responsible investments, there are concerns that the government push for ESG is distorting markets and negatively impacting retirees and their portfolios. In this blog post, we will discuss how government involvement in ESG investments create unintended consequences, and what retirees can do to protect their portfolios from volatility and maintain a reliable income stream. Read More
FDIC vs SIPC How Your Cash is Protected
As an investor, you want to protect your assets and ensure that your money is secure. Two organizations that provide this type of protection are the Federal Deposit Insurance Corporation (FDIC) and the Securities Investor Protection Corporation (SIPC). While both FDIC and SIPC protect investors, they do so in different ways, and it’s important to understand how each works to make informed decisions about where to keep your money. Read More