How to Manage Withdrawals Throughout Retirement

As financial advisors, many times we are asked by clients what they should invest in.  It’s not always an easy answer, because our answer to clients depends on many things.

Estate Planning 101 Basic estate planning is something that everyone should do, regardless of your age, marital status, and if you’re a parent or not.  In the US, the statistic is staggering that only 40% have a will or have an estate plan .

The Role of Asset of Protection and Your Investments Protecting your assets is directly tied to protection of everything, including you, through insurance.  Without proper protection your investments and assets can face premature liquidation.

Regardless of your age, envisioning your retirement is one way to get started on a plan for what you want to do when you’re able to retire.  If you’re already retired, maybe you’re ready to take on a new challenge and change what you’re currently doing.

The annual report from the Trustees of the US Government ’ s two largest entitlement programs (Social Security and Medicare) was released on July 13, 2017.

Many times people compare what they have to that of their peers. This comparison is usually visual; we compare the house, the car, the ‘toys’, etc. But Net Worth is something that is not always visual.

‘Earnings Season’ is a period of time in which publicly traded companies release their quarterly earnings report.  Based on this information, stock prices can fluctuate either up or down depending on the ‘financial health’ of the company during that quarter.

In light of the ‘financial meltdown’, the political issues, the scandals, and ‘fake news’, keeping yourself removed from media as much as possible may be good for you (and your investments).

Happy Graduation! Time to Repay Your College Loans Graduating from college is an exciting time for many, and can signal the start of student loan repayment. If you are a recent graduate, it’s possible you had a co-signer on your student loan.

With ‘wedding season’ in full swing, chances are you will be attending a wedding that may be a second marriage.  Statistically in the US, one third of weddings are a second marriage for at least one member of the couple ( https://www.soundvision.

This summer (June 2017), the Sixth Annual AEGON Retirement Readiness Survey was released.  The study took a look at the correlation between good health and being financially ready to retire.

Making the decision to cleanse your portfolio by minimizing holdings, just like you minimize your possessions, can have some positive effects.  When you take the time to examine what you own, you may make the decision that some things need to go.

Teaching Your Child to Save (and Spend) For those parents that are teaching your children to save, you are providing your children with a priceless lesson.  Those children that are taught to save are more likely to save as adults.

Retirement is a time one should enjoy doing what they want to do, always being aware of their spending.  Because most retirees have a set income, retirement requires a more ‘savvy’ approach to managing the way money is spent.

No matter what your age, retirement calculators can be a benefit to you in your retirement planning.  Retirement calculators are easily accessible on the internet through a search, or you may have access to various calculators through your investment custodian

This spring (2017), the US Treasury Department has launched additional TV ads directed at Americans that have no retirement savings plan at work. If you’ve seen the ads and you’re curious what this plan is about, read on!

The older you get, the greater the chances that you have ‘old’ 401(k) accounts at former employers, or multiple IRAs from retirement plan transfers from leaving multiple jobs.

Investing is a process that takes time, should be thoughtfully monitored and has a better chance of success if planned out.

As spring time comes back to many parts of the US, so does many ‘seasonal’ scams.  Partly because of tax season and partly because home projects ramp up, and travel ‘springs up’, this is the time of year to be more alert regarding potential scams.

Are you a parent or related family member thinking of starting a 529 savings plan for a child? Starting a plan to save for college or other type of technical career training is a smart choice because small amounts are contributed monthly over time.