Getting Your Mind Right About Money Management

Although the basic idea of setting aside funds for retirement has remained constant over the years, the tools and overall picture are beginning to change. In the past, people were able to depend on pensions and Social Security benefits to carry them through retirement, but now it is equally vital to have a positive attitude [...]

2023-03-08T12:33:34+00:00March 3rd, 2023|Financial Planning, Psychology|

Give the Gift of Financial Wellness to Future Generations

As you work your way towards retirement, chances are you have had to make a lot of financial decisions. It's likely you have made a few misjudgments, such as splurging on frivolous items in your twenties or choosing a less-than-ideal payment plan for your car loan or mortgage. However, through your journey, you have gained [...]

2023-01-27T21:58:25+00:00January 30th, 2023|Financial Planning|

The Economy Threw a Curveball at Retirees in 2022

The economy in 2022 posed difficulties for a lot of people, and retirees have had it even harder. The impact of the Russia-Ukraine conflict, the aftermath of the pandemic on the economy, as well as the increase in inflation and interest rates, have been felt globally. As we start off a new year, it is [...]

2023-01-26T16:30:53+00:00January 26th, 2023|Economy, Financial Planning|

Be the Financial Compass for Future Generations

Building towards retirement, you have made many financial decisions. Perhaps you maxed out your credit card on clothes in your early 20s or chose the wrong payment plan for your car loan or home mortgage. Regardless, you’ve navigated many financial obstacles and gained wisdom that can now be passed on to your kids and grandchildren. [...]

2023-01-19T20:43:29+00:00January 19th, 2023|Financial Planning|

How Rising Interest Rates Affect Your Retirement Plan

The economy in 2022 has set multiple records, first with the highest inflation rate in 40 years, and now with the highest federal reserve interest rates since 2008.[1] The US Federal Reserve has raised interest rates six times in 2022, reaching a total of 3.75% in November to curb rampant inflation.[2] Higher interest rates should [...]

2022-12-20T17:05:11+00:00December 20th, 2022|Economy, Financial Planning, Investments|

Index and Mutual Funds – Key Differences

While an index fund and a mutual fund may appear identical on the surface, there are numerous key differences between them that might be vital to your retirement portfolio. Both index funds and mutual funds diversify assets, and they are typically invested in a basket of stocks that aims to meet certain investment goals. Overview [...]

2022-12-12T19:18:15+00:00December 12th, 2022|Financial Planning, Investments|

Remember the Financial Fundamentals for a Sturdy Retirement

Having a strategy for how to invest your money is crucial to achieving the retirement you hope for. With no external income coming in, you'll need to follow a new set of rules for managing your retirement income, expenses, and investments—not just to keep your portfolio growing—but to ensure you can live comfortably. To live [...]

2022-12-07T16:08:41+00:00November 28th, 2022|Financial Planning, Retirement Income, Retirement Planning|

These 3 Retirement Birthdays Are Cause to Celebrate

Did you know that there are rules and regulations that can help you avoid higher taxes and penalty fees as well as help you structure your income to minimize taxes? Getting the most out of your retirement savings takes more than adjusting your portfolios. Be mindful of these 3 ages that can help you get [...]

2022-11-28T03:55:13+00:00November 28th, 2022|Financial Planning, Retirement Planning|

These 5 Risks Affect the Wealthy Retiree More Than You Thought

Having a great deal of wealth to preserve might seem straightforward. However, the number of assets and their value create unique circumstances for each investor. There are numerous wealth-preservation and investment principles applicable to everybody—for instance, establishing a tax policy, assessing a portfolio's risk exposure, and more. However, there are critical and specific concerns that [...]

2022-12-07T16:08:54+00:00November 16th, 2022|Financial Planning, Investments|

A Financial Advisor Can Be Your Knight in Shining Armor During a Recession

In Medieval times, knights were the protectors of villages, castles, and kings. They were trained for combat and developed unique fighting skills to thwart enemies. A financial advisor can do the same against risk factors that threaten your portfolio, especially in a downturn. In the same way that a trained knight defends his kingdom from [...]

2022-10-31T12:51:09+00:00October 31st, 2022|Financial Planning|
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