As the days get shorter and cooler, it’s a good time to conduct a comprehensive annual financial review. And while there is no such thing as a one-size-fits-all financial plan, the three-step review process outlined below can help you do a better job of keeping your financial house in order from one year to the next. (more…)
Even though calculating a retirement savings goal is key to pursuing and maintaining a confident financial outlook, the Employee Benefit Research Institute reported in 2013 that just 46% of American workers have figured out how much money they will need to accumulate for retirement. And more than half admit that they are behind schedule when it comes to planning and saving for retirement. Are you?
Americans’ financial lives are increasingly complex. It’s not unusual to have checking and savings accounts, a 401(k), IRAs, and other personal investments. Keeping track of all your savings and investments has prompted many individuals to seek guidance. If you are part of this growing majority, you may have already scheduled a meeting with an advisor. (more…)
After the Former First Lady Nancy Reagan’s passing, I found myself enthralled (more like obsessed) with all of the media coverage that followed. The memorial service, the stories, the pomp and circumstance — the formality. It’s the stories that were shared by Mrs. Reagan’s closest friends and family that moved me. They portrayed her as a devoted mother, friend and faithful companion to the love of her life, President Reagan. (more…)
You don’t need to wait until the beginning or the end of the year for a financial review, especially if your investment mix, risk tolerance, or time horizon has changed recently. When meeting with your financial advisor, consider whether the following areas of your life are on track. (more…)
August brings with it the end of summer, but in recent years, bouts of stock market volatility have been common. It is quite normal for stock prices to decline at some point almost every year. At times like these, when markets are moving lower, we need to remind ourselves that market downturns are part of investing. (more…)
You don’t need to wait until the beginning or the end of the year for a financial review, especially if your investment mix, risk tolerance, or time horizon has changed recently. When meeting with your financial advisor, consider whether the following areas of your life are on track…. (more…)