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

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

Retirement and Recession

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

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