Financial Articles

With multiple streams, you reduce reliance on one income outlet, while maximizing earning potential.

Your most important retirement planning decisions rely on timing. While long-term performance is certainly front of mind for your investments, before anything else, you must pay attention to the “when” questions.

he manner in which you spend throughout retirement isn’t static, nor is it always consistent with inflation. As past podcast guest, David Blanchett, has found, it’s much more complex than that.

You’ve seen news headlines detailing the fallout of Silicon Valley Bank. However, amidst the panic, it’s also vital to zoom out and consider what tumultuous times can teach you, particularly when it comes to investment risk.

Is the Silicon Valley Bank (SVB) collapse worth your concern? Maybe not directly, but it reveals valuable lessons to be learned about your liquid dollars – and investing.

While 2022 became the first year ever for bonds to end with a negative five-year annualized return, markets have now recalibrated, resulting in higher yields (and higher future returns).

While the system isn’t disappearing, a revision needs to be implemented before Social Security’s estimated 2035 insolvency, at which point 80 percent of benefits can be paid out. Simply put, that makes this a 20 percent problem – not an all-or-nothing issue.

Your focus should never be the money, but how that money can elevate the meaning in your life. If dollars dictate your direction in life, you’ll find yourself on an endless search of “what’s next?”

You spent decades stockpiling savings for retirement. After years of frugality and budgeting, however, flipping the switch to then spend those hard-earned dollars isn’t for the faint of (penny pinching) hearts.

Your retirement income strategy should be crafted with the end-goal of providing lifelong income. Amidst recent risk factors such as inflation and market volatility, one way to guarantee that income is by leveraging annuities.

Your life is not meant to be measured by accomplishments and hard work, but a life full of experiences that you may never have if you are always looking for that next thing.

If you’re considering the addition of cash value life insurance into your retirement plan for accumulation, it’s important to understand the differences between whole life insurance and index universal life insurance (IUL).