Mark Harmon, Author at Sustainable Retirement Income

About Mark Harmon

This author has not yet filled in any details.
So far Mark Harmon has created 26 blog entries.

14 12, 2022

Chaos Theory and Retirement Planning, Part 1: How Small Changes Can Make a Big Difference

By Mark Harmon|2022-12-14T15:30:08+00:00December 14th, 2022|

Sometimes referred to as “the butterfly effect” in popular culture, chaos theory is actually the science of surprises — a highly interesting and popular area of study that deals with randomness and unpredictability, and how these concepts affect complex systems like extreme weather and the stock market. One key principle of this theory states that the smallest alteration in a process can create a massive shift in the outcome. So [...]

2 11, 2022

How Will Hiring A Financial Advisor Benefit Me?

By Mark Harmon|2022-11-03T18:55:19+00:00November 2nd, 2022|

You might think that only the well-to-do need a financial planner, but the truth is that everyone can benefit from individualized guidance and insights based on years of experience. Effective financial advisors do much more than just tell you what stocks to buy — they also offer invaluable knowledge on shifting market trends, building your retirement fund, estate planning, budgeting to reach your goals, and so much more. While stock [...]

20 10, 2022

The Return of the Bond Market

By Mark Harmon|2022-11-02T14:40:05+00:00October 20th, 2022|

“Stocks and bonds” are always mentioned together, much like salt and pepper. But while most people know how stocks work, not everyone is as familiar with the bond market and the opportunities that it provides for savvy investors. As an asset class, bonds historically have less risk than stocks and are an excellent choice for those looking for safer investments for retirement. In the current volatile financial environment, they’re seeing [...]

30 09, 2022

6 Tips to Help You Prepare for Retirement

By Mark Harmon|2022-09-30T15:40:35+00:00September 30th, 2022|

Many people instinctively recoil from retirement planning or just put it off until later, but the sooner you start, the better off you’ll be. Building a solid nest egg is even more crucial in these uncertain times. There’s no guarantee that Social Security will have the necessary resources to provide for the massive wave of Americans about to hit retirement age. An experienced financial advisor can help you select and [...]

6 09, 2022

What Is A Social Security Review?

By Mark Harmon|2022-09-07T20:38:17+00:00September 6th, 2022|

Social Security is a contributory program that allows senior citizens and others who are no longer able to work to receive vital funds for their living expenses. It also offers disability-based payments (SSDI) and Supplemental Security Income (SSI) for those facing significant financial challenges. In the Depression-era 1930s, the US was the only industrial country without a national safety net. Thanks to FDR’s Social Security Act of 1935 and its [...]

10 08, 2022

The Silver Tsunami – Why Estate Planning is Crucial

By Mark Harmon|2022-08-10T15:22:24+00:00August 10th, 2022|

If you have retirement savings, a family, or a worthy cause that you champion, you should know exactly where you stand when it comes to estate planning. Many people assume that it’s just for the very wealthy or something you can put off forever. But it’s vital to address your situation in the current moment, make a plan, and start preparing, especially if you have dependents. It’s also a good [...]

2 08, 2022

Important Questions to Ask Your Financial Planner

By Mark Harmon|2022-08-04T15:02:19+00:00August 2nd, 2022|

Trusting someone to manage your life savings is a giant leap of faith. Before you work with someone who won’t make your financial success a priority, you must find out everything you can about their experience, qualifications, fees, and more. It’s also vital to know your own goals. Are you looking for a specialized tax professional, wealth management, retirement planning expertise, or investment and stock market wizardry? Do you want [...]

12 07, 2022

How to Approach 401(k) Management for Small & Medium Businesses

By Mark Harmon|2022-07-12T15:35:51+00:00July 12th, 2022|

Any size business can offer its employees a 401(k) retirement plan, even a sole proprietorship. However, not all plans are managed well, and no one wants to watch their hard-earned savings disappear. Many small companies have thus far avoided offering retirement plans as they’re typically costly and difficult to administer. But offering a 401(k) has huge advantages for both the owner and the staff, especially if you partner with a [...]

6 07, 2022

The Best Retirement Investment Strategies By Age

By Mark Harmon|2022-07-06T15:04:12+00:00July 6th, 2022|

You’re never too young to start saving for retirement — and it’s never too late, either. But your investment strategies in your twenties should probably look quite different than when you’ve got a lot more experience under your belt and you’re getting closer to your target retirement age. A skillful and qualified financial planner can help you develop a suitable investment strategy for your age to maximize your assets and [...]

21 06, 2022

What Is A Retirement Target Fund?

By Mark Harmon|2022-06-27T18:23:38+00:00June 21st, 2022|

If you’re young and just beginning to plan for retirement, you might be interested in learning more about the unique advantages of a retirement target fund. They can serve those who are older as well, but for better results and a higher yield, it’s best to start early. Referred to as a target-date fund, a lifecycle fund, dynamic-risk, or age-based fund, this type of fund is, in essence, a portfolio [...]

Previous 123 Next