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
Using art as a retirement plan might seem like a good idea, but there are some major drawbacks that you should be aware of before making this decision. Read More
Let me tell you what the downside of social media is and why its destructive to your portfolio, especially for younger investors.
There is plenty of data and math available in reference to investing that’s pretty solid. No matter how much institutions and traders try to manipulate this information, the time-tested rules are always going to win out over time. Read More
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 answer is “YES”, although the circumstances have to be extraordinary. Globally, only a few markets have gone to zero. The largest was Russia in 1917 and China in 1949. While other markets have collapsed, they have subsequently recovered. Read More
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
March is Women’s History Month and, because of that, we’d like to highlight some opportunities for women to manage their path towards retirement.
Just like a properly organized playbook for a big game, a great strategy will help nearly anyone through the difficulties they may face in both preparing for retirement and staying retired. Read More
Living on one income doesn’t necessarily mean sacrificing what’s most important to you. By planning and saving smartly, single income families like yours can reap benefits now and later.
Having kids, paying for college, financing a home, and paying for retirement are all within reach when you follow a few simple steps.
Did you know that 48% of older Americans have no savings in retirement plans (such as an IRA or 401k)? If you’re one of them, there’s a good chance that you’ll face very serious financial issues as you grow older.
The good news is that it’s never too late to get started! Once you understand the must-know retirement plan basics, you can open an account and start putting money away for your future.
Stick with us as we answer important questions like “What is a 401k plan?” and “How does a 401k work.” By the time we’re done, you’ll feel confident opening up one of your own. Read More
Investors have a tendency to only want advice that makes them feel good. They want a quick fix. Here is the quick fix… Good advice never changes while markets and opportunities change daily. Stay focused on your plan and you will be successful long-term. Read More
