Most investors can’t afford a major portfolio loss. Active management can provide protection in volatile markets. Regular buy & hold strategies are often highly correlated with the market and with each other. Alternatively, active strategies can provide extra downside protection and useful diversification. Consider this: -In 2008, the S&P 500 was down 37%, whereas certain […]
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There are now more than 40 million Americans over the age of 65, and that number is increasing at a steady pace. With greater longevity, the availability — and complexity — of federal programs created to assist the aging population is also growing. That’s where an elder law attorney can help. An elder law attorney, sometimes […]
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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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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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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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Congratulations! You have spent a lifetime working, saving, and now you have arrived at your retirement. Now all you have to do is become a tax expert. Preparing for paying fewer taxes in retirement is not easy. All of that tax differed growth from your traditional IRAs faces income tax. Yes, when you take a […]
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