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

How to Stay Retired

How to Stay Retired

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

8 Tax Free Investments You Should Know About

“Nothing is certain except death and taxes.” Benjamin Franklin was certainly right about a lot of things over his lifetime. And it absolutely feels like taxes are unavoidable, but are they really? Well, no! There are certain investment types that are completely tax-free.

While you probably shouldn’t be too concerned with dropping the amount of taxes you pay each year down to zero, understanding how your investments can impact your taxes and using that to your advantage is a great way to maximize your money. Read More

Should I Pay Off My Mortgage?

All the financial experts say debt is bad.

Should I pay off my mortgage as early as I can?

Sooner or later, every homeowner begins to dream about the day when they own their home free and clear. No more mortgage payments…extra money each month to invest…what’s not to love?

Even financial experts like Dave Ramsey are known for singing the praises of ridding yourself of any and all debt—including your mortgage.

Whether this is a realistic goal or not, it leaves many homeowners wondering, “Should I pay off my mortgage early?”

Unfortunately, there isn’t a simple yes or no answer, but I can (hopefully) put your mind at ease about getting out of debt. Read More

Everyone Has Their Own Investment Playbook

Unless you’re living under a rock, you know that Tom Brady has made it to the Super Bowl a few times. Ten, to be exact.

You may also know that he didn’t win all of those. In fact, he lost three of them. Even the GOAT of football had a strategy that didn’t work every single time. So what does that mean for your investment strategy? Read More

How Charitable Contributions Affect Your Finances

When you donate money to charity, it not only can make a big difference in someone’s life, it can also reduce your tax liability by lowering your taxable income. Contributions are tax deductible only if made to a qualified organization.

Are you wondering how charitable contributions can affect your finances? Keep reading to find out how giving to charity can benefit your funds. Read More

How Do I Maximize My Social Security Benefits?

How Do I Maximize My Social Security Benefits?

If you’ve worked for any portion of your life, you’re probably looking forward to the day when you can retire and collect your social security benefits. But you’ve also probably spent some time worrying if social security will be enough to cover your expenses.

Luckily, there are ways to maximize those benefits. Read More