The business and economic cycles have a major impact on how you make decisions. So knowing that the yield curve inverted, what the stock market is doing and the what the 3-month average for the non-farm payrolls says is very important. However, generating profits is the main goal and that takes up probably 90% of […]
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Will Your Gains Be Overwhelmed by Inflation and Taxes? In an uncertain economic environment, many consumers are seeking fixed rate products like certificates of deposit (CDs) for security. While benefits such as short-term durations and a guaranteed interest rate can be appealing, two factors are often overlooked that can negatively impact a conservative fixed rate: […]
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Reverse mortgages get quite a bit of coverage from the media—much of it negative, and not without reason. For Retirees, Home Equity can be their largest asset. Accessing that asset in retirement can be a challenge when income is lower. This isn’t new, The Federal Government has tried to assist Retirees in this report for […]
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Long-term care can be very expensive for many people. The facts are somewhat sobering: A person turning 65 today has a 52% chance of needing LTC at some point; 14% of LTC patients need care for more than five years. And at an average of $100,000 a year for a private room in a nursing […]
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Attracting, retaining and rewarding key employees can be challenging. As business owners, you may know first hand just how hard it can be to hold on to top employees. But since they are vital to the life of every business, keeping them committed is essential. Loyal employees are hard to come by, and with recruiting […]
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A lot of my meetings cover the important topics investors neglect. I hear the phrase, “I didn’t know, what I didn’t know” frequently. This means that complacency or putting important tasks off can potentially hurt your retirement, but also your life planning and legacy. Putting together a comprehensive retirement or financial plan covers topics […]
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In the accumulation phase of life, you were saving. But, if you’re at the distribution phase now, you are drawing down your retirement assets. “How you spend your retirement dollars in retirement IS JUST AS IMPORTANT as when you were accumulating them.” If you don’t have a plan for maximizing your withdrawal strategies, then you […]
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Here’s the main problem: Many professionals like doctors, dentists, lawyers and small business owners often find they have spent so much time and effort developing their thriving practices and growing their profitable businesses that they just didn’t have the time to plan for their own personal retirement situation. However, many small business owners and professionals, […]
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Watch the Video or Read the Article Let’s Face it, Women Control the Wealth! Here are the facts…. 51% or $14 trillion, of American personal wealth are now controlled by women.1 67% of women over 50 years old share in decision-making for finances with their spouses.2 Women will control about $22 trillion by 2020, […]
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Taxes in retirement can fluctuate drastically from taxes while working full time. If you’re near retirement, you may be looking forward to the day when taxes get simpler. You could be disappointed. Everyone’s tax situation is different, but here are 6 tax issues you may encounter and ways to lessen their impact. Deductions May Disappear If your children […]
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