Financial Articles

You have numerous options for creating the right income strategy for you, but if you’re simply taking withdrawals from your investment portfolio, you don’t have a strategy.

One of the big questions that might impact you when you retire is your decision on when to begin collecting Social Security benefits. Here, author Patrick Brennan explores the factors that influenced his filing strategy after retiring from the Coast Guard at age 63.

Have you ever avoided making a decision due to worry that a better option might exist? This is called FOBO, a psychological phenomenon that causes analysis paralysis and makes decision-making stressful.

You won’t find the best investment guidance in fear-inducing news headlines or from conflicting economist forecasts. It’s guesstimates on all fronts. For the best course of action amidst puzzling economic environments, follow a comprehensive framework that’s designed to cover any outcome.

No matter your asset size, estate planning is vital if you have specific wishes in regard to the passing of your wealth and possessions.

When you finally achieve a long-awaited dream, whether it's financial independence, retirement or in the author’s case here, reaching the summit of Mount Kilimanjaro, you might notice a feeling of "Now what?" sets in after your elation fades.

The risks you haven’t planned for can ultimately be the ones that put you in financial jeopardy. However, these risks are often controllable, while future returns offer limited influence, especially when it comes to the stock market.

You have much to gain from tax-loss harvesting during volatile times, but even amidst the market’s 15 percent increase year-to-date, tax-selling opportunities still exist. Bonds in particular have underperformed and could be offset by gains elsewhere.

Your ability to experience fulfillment right now involves practicing intentionality. As entrepreneur and author Derek Sivers states, your future is uncertain and your past is irrelevant. Therefore, focusing on the actions you take now is key to understanding yourself and creating the life you want.

Your journey to developing a good life is earned through commitment and courage to those you love now and those you might someday. Other people will always be center to your happiness.

Howard Bailey Financial is pleased to announce the hiring of Lynette Fager, Marti Evans and Ryan Zeeb to the team.

What's your ideal withdrawal rate in retirement? Many experts agree with the four percent rule, while some say higher or lower. On a recent episode of The Ramsey Show, however, Dave Ramsey advocated for an eight percent withdrawal rate in a 100 percent stock portfolio.