The Financial Planning Blog
Your go-to financial planning and wealth management resource, whether you're just getting started or well on your way to a financially secure future.
Stock markets (and their movements) are often a mystery to the average investor, and that mystery can often create fear. After all, in roughly 30 years, we’ve experienced three major stock market crashes, and they are all surprisingly similar.
With something as important as our financial security, investing myths pose a serious threat to your future wealth. And as long as investors believe in harmful myths, they run the risk of damaging their way of life.
Use this free workbook to gather a comprehensive list of all information pertaining to your family’s current financial picture!
Successful investing depends on a number of factors, but perhaps none is more important than an investment portfolio built around your goals, preferences, and risk tolerance. Many money management and retirement planning tools aim to give investors a platform to gain the insight they need.
It’s human to make mistakes, and all of us have made mistakes at one time or another. But some mistakes are more costly than others. Investment mistakes certainly fall into this category. A sour investment not only comes at the cost of money lost, but also the opportunity cost of financial growth that could have come from another, more sound investment.
As wealth advisors, people often ask us for perspective on whether or not their money will last in retirement. Questions such as, “When can I retire? How successful will I be planning my retirement?” These questions relate to more than investing strategies. They’re strongly tied to your life strategies. If you want to live a rich life and plan for a happier, healthier retirement, you should consider everything that will impact your wellbeing.
When it comes to our retirement, we often have many important questions. And while all of them are valid, no two questions are as crucial as: “Will I have enough money to retire when I want to?” “Will I have enough money to last me through retirement?”