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.
We live in an “OMG” world, where people have the tendency to make immediate and rash decisions based on limited information. No more is this true than in the stock market and investing world.
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.
Use this free workbook to gather a comprehensive list of all information pertaining to your family’s current financial picture!
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?”
Some of us like tracking our investments on a fairly regular basis. Others prefer not to think about their savings, and only want their financial advisor to reach out if there’s something they need to know about. Regardless of your mindset, you should (and likely do) meet with your advisor on an annual basis. But you shouldn’t come to this meeting blind. It’s always best to be prepared to review your financials with your financial advisor.
65 is a funny age. We’ve collectively agreed that 65 is the age we should retire, but few of us feel ready to stop working on our 65th birthday. We have plenty left to give. It’s why nearly 50% of retirees report that they’ve worked or plan to work in their retirement. As you question younger generations, the statistics become even more pronounced. 72% of pre-retirees – age 50 and above – want to continue working after they “retire.”