Jul 13, 2023 | Finances, Investing, Retirement Planning, Saving Money, Social Security
Preparing and planning for unexpected costs in retirement is an essential step in ensuring financial security and peace of mind. Here is a checklist of steps to take to help you prepare for unexpected costs in retirement: Spousal IRA: Consider establishing a spousal...
Jul 13, 2023 | Finances, Investing, Retirement Planning, Saving Money
Weekly Update – 7/12/23 A target-date fund is an investing tool, often in the form of an ETF or mutual fund, that adjusts its investment strategy based on how much time there is until the target date. The investments are strategized for long-term growth when you are...
Jul 5, 2023 | Investing, Retirement Planning
Understanding your risk tolerance is a crucial aspect of how effective your income and wealth preservation strategy can be. Without knowing your risk tolerance, you could be leaving a lot on the table or risking a major decline in your wealth. Here are three questions...
Jun 28, 2023 | Insurance, Investing, Saving Money
Weekly Update – 6/28/23 Whether you’ve learned about annuities before or it’s your first time hearing about them, it’s important to first understand the basic concept and one of its simplest forms. In general, an annuity is a financial product that provides a steady...
Jun 15, 2023 | Finances, Insurance, Investing, Long-term Care, Retirement Planning
Preparing and planning for unexpected costs in retirement is an essential step in ensuring financial security and peace of mind. Here is a checklist of steps to take to help you prepare for unexpected costs in retirement: Create a budget for retirement: Before you...
Jun 14, 2023 | Investing, Retirement Planning
Weekly Update – 6/14/23 An annuity is an investment product that is designed to provide a guaranteed income stream for a predetermined period, often for the rest of one’s life. An annuity is typically purchased from an insurance company, and the purchaser makes...
