Tag: Retirement

  • The Power of Compound Interest

    A dollar is worth more today than it is tomorrow, and with the help of compound interest, that couldn’t be truer. This concept is often referred to as the “time value of money” and it shows us that those who are too hesitant to invest their money are in fact, choosing a negative investment. It…

  • Which Investment Account is Right For Me?

    It can be daunting to plan out retirement when there is a seemingly endless number of rules, components, and factors to consider. Because of the complexity of it all, so many put off investing until much later in life, when the greatest potential for long term growth has already passed. As it is important to…

  • Retirement & Your Budget: Debits and Credits

    Just like any major life event, retirement will bring about a lot of unexpected changes. Many of these changes will be in lifestyle, hobbies, or location, but the most worrisome for retirees are the unexpected changes with their financial situation. If you are like most of our clients, you have planned well for your retirement,…

  • Realistic Retirement

    Realistic Retirement: Leveraging expectations with reality. Our culture builds a certain degree of optimism around the concept of retirement—people always ‘can’t wait until they can retire’ and it’s a constant goal to be financially stable enough to do so. A lot of recent and near-future retirees go into retirement with something of an impossible idealism…

  • IRAs/401(k)s/403(b)s

    Could An IRA, 401(k), Or Any Other Qualified Plan Be Your Only Retirement Savings Solution? Absolutely not, here is the problem… The money in your IRA/401(k) or other qualified plans is not all yours!  As much as 40% of it (maybe more) belongs to the government because your invested money is ONLY tax-DEFERRED, not tax-EXEMPT. …

  • 2012: New Year, Same Advice

    We have all been conditioned by the financial services industry to ask the question, “What will the markets do in the new year?”  There is always someone in the financial services industry who will attempt to answer that question with some prediction.  Sometimes they guess right, but more often than not they guess wrong.  Our…

  • Five Basic Tips for Creating a Solid Retirement Plan

    We all know what the retirement picture is supposed to look like.  We spend our whole life working toward that magical retirement age when your golden years begin–the hobbies, the travel, spending time with your grandchildren.  However, with a rocky economy and volatility in the markets your picture might not be so clear. Consider these…