Why Holding That Old Annuity Could Be Costing You Most people understand the logic of refinancing a mortgage in a low-interest rate environment. Similarly, savvy investors know that different economic conditions—whether expansionary or recessionary—favor different asset classes and strategies. However, one area often overlooked is how higher interest rates can significantly enhance the value of … Read more
With the election behind us and a new administration in office, there is much to discuss with my clients about what economic policy changes lie ahead, and how that may impact their financial future. Top of mind are taxes and the market. Please call me or set up an appointment if you would like to discuss: … Read more
Does This Life Insurance Cure Underfunded Retirement Savings? A whole life insurance policy is a type of permanent life insurance that provides coverage for the entire lifetime of the insured, as long as premiums are paid. It typically includes both a death benefit (paid to beneficiaries upon the insured’s death) and a cash value component, … Read more
The most common pitfalls of retirement planning are inflation, taxes, market risk, and long term healthcare. Planning and setting aside funds for retirement can enhance your enjoyment in post-work years. Unfortunately, there are also some pitfalls that reduce lifestyles in that same period. A while ago I heard the phrase world money destroyers used for … Read more
The all wise Yoda pronounced ”Fear is the path to the dark side.” Avoiding planning because you feel you didn’t save enough, won’t fix the shortage, but there may still be a path to improve your options. Come to the light and learn more about how to address your retirement fears and enjoy your retirement … Read more
It’s great when you feel like you’ve nailed down your retirement plan. The sense of relief is almost palpable. But what if you’re not saving enough to keep your current lifestyle retirement? Does Your retirement plan maximize your investment dollars and let you keep your current lifestyle in retirement? The following topics will help you … Read more
Planning for retirement isn’t always a fun subject. In fact for many people, the entire topic can be terrifying. It doesn’t have to be that way. Instead, planning early can make you look forward to a strategy talk. That’s especially true with a quality financial advisor who listens to your goals and discusses the best … Read more
The Secure Act 2.0 Affects Your IRA or 401(k) Retirement Plan You or your employer has been contributing to your traditional IRA or 401(k) since the beginning. Yet now, the Secure Act 2.0 changes affect traditional IRA and 401(k) savings. Surveys of Americans taken by the Federal Reserve revealed only 75% of non-retirees have any … Read more