How To Strategize for Your Social Security Benefits
As life expectancy has grown, your retirement now can last between 20 and 30 years. So Social Security planning is critical, no matter how much money you have. It can make a difference of hundreds…
The 3 Stages of Your Financial Life
What are required minimum distributions and how are they determined? Beginning at age 72 and you must begin to withdraw money from your retirement accounts every year. The amount is determined based on your life…
How to Set and Keep Financial Goals
Written goals are your road map to financial success. Be specific, simple, and realistic and include time frames and dollar amounts. Have some big goals and some small ones. Include a savings plan and an…
How Dollar Cost Averaging Can Help You Make Smart Investments
Dollar cost averaging is a stock market investing technique where you buy a fixed dollar amount of a particular investment on a regular schedule, regardless of the share price. More shares are purchased when prices…
Are Target Date Funds Right for You?
As we near retirement, the ability to recoup investment losses becomes critical. Therefore a strategy to reduce risk as you near retirement should be targeted. Target Date Funds, which are usually mutual funds, self-adjust their…
Don’t Let Timing Ruin Your Retirement
Did you know that one of the greatest risks to your retirement portfolio can happen in the first years you retire? The timing of when you begin withdrawing money from your investments can dramatically impact…
Why is Asset Allocation Important to Investing?
To keep your investment portfolio on target for financial goals, you want to balance risk and diversify your assets. That’s the purpose of asset allocation – the process of dividing your portfolio among major categories…
What’s Your Risk Tolerance?
Risk tolerance is the level of risk, or market ups and downs, an investor is willing and able to tolerate. An aggressive investor, one with a high risk tolerance, is willing to risk greater loss…
