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 [...]
Thinking about smart retirement planning puts some people in a panic. If you feel overwhelmed by all of the terminologies or are concerned about losing your nest egg on dodgy investments, you’re not alone. Just breathe. It’s actually easier than you think to create a plan for growing your assets in a safe and healthy way. A talented and experienced financial advisor can help you examine your golden years' goals [...]
Everyone dreams of ditching work forever, retiring early, and living life to the fullest. But is it possible to do so with only $500K in your retirement fund? The short answer is yes, BUT — it will take some very careful planning, a lot of craftiness, and some wise financial guidance from a skilled and experienced wealth advisor. If you think you’ve got what it takes to break free of [...]
If you’ve got tax-advantaged retirement accounts like an IRA, 401(k), or 403(b) plans, then you should be aware of Rule 72(t). One of the reasons these accounts offer so many tax benefits is that you don’t have access to your own money while the government is using it — and until you’ve pretty much reached retirement age (59 and a half, to be precise). While the IRS does allow you [...]
Why should consumers continue to turn to a professional in a world where online investing tools are ubiquitous? A wealth advisor offers a breadth of experience and direction that an individual simply does not possess through intuition or osmosis. In the same way that most consumers rely on an expert to help us sell a home or prepare a will, a financial advisor has the education, suite of tools, and [...]
It seems like information about investing is more ubiquitous than ever. It’s impossible to turn on the television, check the news on the internet, or even pick up a magazine without being overwhelmed by advertising for do-it-yourself investing or questionable investment “advice.” Maybe you’ve even done your homework, researched investment strategies, and learned everything you can about the market and how to prepare yourself to take the plunge, but you’re [...]
We’re more surrounded by technology and choices than at any point in human history. Every day we are bombarded with research and new options for investment. Technology has made it possible to make and manage investments from the palm of our hands. With all these opportunities, it can be easy to wonder: why should I hire a financial advisor? The answer, of course, is that managing your investments is more [...]