When a prospective client over the age of 55 calls my office, more times than not, it is someone who is thinking about retirement. He or she has been working for many years, has accumulated some significant assets, may or may not be eligible for some type of pension and will have social security income. …
Details
A 401k plan can be a wonderful savings vehicle, but many employees don’t know how to navigate the plan to maximize the benefits it can offer in retirement. Contribution levels, matching opportunities, investment options and costs are all factors that need to be considered. Here are five steps to help you optimize the potential benefits…
Details
Here are the top 10 action items that will help energize your wealth management efforts and get you closer to reaching those goals of yours.
Details
Offering a 401K plan can be a great benefit for both the owner of a business and its employees. But a 401K requires time, money and some human resource acumen to set up and maintain
Details
The purpose of social security is to replace a portion of the income you earned over your life once you are retired. How exactly your social security benefit amount is calculated is dependent upon several factors.
Details
Whether it’s sudden and unexpected, the culmination of a lengthy illness or merely the result of old-age and the normal cycle of life, there’s nothing that can prepare you for losing your spouse.
Details
When you hear the word “diversification” in the context of investing, one thinks of owning multiple holdings across asset classes, geographical locations, and industry sectors. The concept of diversification also applies to the sources of cash flows that are generated from an investment portfolio. Michael Kitces, a well-renowned author, and industry thought leader, suggests that there are 4 pillars of retirement cash flow that can come from an investment portfolio: interest, dividends, capital gains and principal.
DetailsHow can you save for college while also ensuring that you will have adequate resources for retirement and adequate cash flow to fund “life” while your children are growing up?
DetailsYou are about to retire – things are going to change. Do you need a financial planner to have a successful retirement?
DetailsI was recently interviewed by Gary Foreman of the website DollarStretcher.com about the role of dividends in a retirement portfolio.
Details