There is no shortage of information someone can find on the internet, and that’s part of the problem for people trying to make the right investment decisions. There is an overabundance of information, so much that it can make your head spin. The solution to this information-overload issue isn’t always to hire a financial professional… Continue reading Be Your Own Best Advisor: Learn These 6 Fundamentals for Wealth Management
Tag: financial planning
Robo-Advisors Vs. Humans: Gauging The Outer Limits Of Automated Financial Advice
The use of robo-advisors is on the rise among investors looking for an alternative way to get help with financial planning. In fact, a report by the consulting firm A.T. Kearney predicted that robo-advisors will be managing 5.6 percent of Americans’ investment assets by 2020, up from 0.5 percent when the report was done in… Continue reading Robo-Advisors Vs. Humans: Gauging The Outer Limits Of Automated Financial Advice
Why Your Retirement Plan Is Bigger than You
The big story in financial planning has been and will continue to be affording retirement, which makes ample sense with the retirement of tens of thousands of baby boomers expected every week for several consecutive years. For boomers, many of whom have little to no retirement plan in place, affording retirement may be their generation’s… Continue reading Why Your Retirement Plan Is Bigger than You
Don’t Have A Cookie-Cutter Retirement Plan
If you’re 10 years out from when you expect to retire, then now is the time to get serious about a retirement plan, says Kirk Cassidy, a Registered Investment Advisor (RIA) who emphasizes the importance of the holistic approach to personal finances. “No matter what stage you’re in, there’s never a bad time to take… Continue reading Don’t Have A Cookie-Cutter Retirement Plan
Why Health Care Costs Could Be Your Retirement Plan’s Weakness
A majority of affluent older Americans who are nearing retirement share the same concern – that health care costs could strike a blow to their retirement plans. In fact, 63 percent of them choose the word “terrified” to describe how they feel about the subject, according to an annual Nationwide Retirement Institute survey. But while… Continue reading Why Health Care Costs Could Be Your Retirement Plan’s Weakness
Is Your Financial Advisor Missing Something?
There are plenty of good folks serving as financial advisors, says Mark Roberts, ChFC, FIC, who has worked in the industry for more than two decades. “Many of my colleagues form pleasant relationships with their clients and seem to really care about the client-advisor professional relationship. Unfortunately, that’s not enough,” says Roberts, who founded Affinity… Continue reading Is Your Financial Advisor Missing Something?
Medical Costs and Retirement: The Facts
“Growing old ain’t for sissies.” – Bette Davis Ms. Davis was right. Between the stiffness, sore joints and pains that come with growing older, aging can get pretty rough. The golden years should be a relaxing time to enjoy life and play with the grandkids. Unfortunately, because of health-care costs and poor planning, too many… Continue reading Medical Costs and Retirement: The Facts
Five Crucial Steps to Take Before Retirement
Randy and Todd Martin are a father and son team who, after working together for more than 18 years, decided to write a brief, easy to understand book, Realistic Retirement for Realistic People, explaining a process to follow for those contemplating retirement. “Retirees need to consider how social security, investments , taxes, pensions, health care… Continue reading Five Crucial Steps to Take Before Retirement