If your household earns over $30,000 per year, you are going to need more than social security to keep up your lifestyle in retirement. This is why many financial advisors recommend saving enough to replace 80% or more of your pre-retirement income.
When it comes to retirement planning, most people think a one-size investment strategy fits all. Here are three reasons why retirement planning does—and should—work differently for different people.Read More
It’s a tough financial time for many as we deal with the COVID-19 pandemic, but that doesn’t mean you have to lie down and let yourself get pummeled. There are things you can do to manage your assets!
If you’re fortunate enough to not have your family income reduced during this time, there are some opportunities to protect yourself and grow your long-term wealth if you are under the age of 55.Read More
The world is a big place and there is always something going on. The flavor of the month these days is the Coronavirus (COVID). If you have not heard about it, its merely a deadly and contagious flu in a section of China. As the media and financial analyst often do, the have a tendency to over blow just about anything to make you think they actually know how markets work. Read More
The SECURE Act was signed into law into law in December 2019 and went into effect on January 1, 2020. The SECURE ACT changed some important aspects of retirement planning, the biggest one being the age at which to commence your Required Minim Distribution (RMD). Read More
On the way to my sons’ school I have to cross over a very long bridge over a pretty large lake. One really can’t ignore the lake because its pretty large and it is also a very shallow lake and full of alligators. Its always cool to go over the bridge and count how many gators are on top of the water.
Some days the water is perfectly flat all the way across. Not even a ripple. The next day the water is really rough. Without even having to give it a second thought, our mind is aware that both, either flat or rough, is totally normal. Read More