Financial Articles

A record number of Americans are retiring. Should you follow suit?

There’s a new budget proposal in town, and amongst a myriad of initiatives, such as infrastructure and education, it also includes additional tax increases on corporations and the wealthy.

We so often hear stories of not having saved enough for retirement, but what about the other end of the spectrum?

If you’ve accumulated enough savings to support your lifestyle in retirement, the formula for delaying Social Security will work in your favor, no matter which way you slice the pie.

You’ve seen the news headlines and social media posts; Bitcoin is the new hot investment, then Dogecoin and you can’t forget the GameStop debacle. Worth the craze? Chances are, you’ve wondered, and you might have felt a little FOMO (Fear of Missing Out) from sitting on the sidelines, too.

Inflation fears are igniting the financial world, but the Federal Reserve isn’t breaking a sweat.

The unique qualities and characteristics you possess are what make you, you. They trickle down into every aspect of your life, and that should include your retirement plan too.

You are the author of your own story; not only in life but in retirement. It’s up to you to pick up the pen and write your narrative.

Think about all the valuable items you keep on your cell phone or computer. These might include photos, word doc files, or even cryptocurrency. Maybe you have a backup of these items on an external hard drive or in the cloud, but what happens if you’re no longer around to access those files?

Most are well-versed on the benefits of exercise, but this goes to show the psychological effects run much deeper.

There’s a reason why Liquidity is one of the four main pillars of our proprietary planning process. Oftentimes, I find the happiest retirees have the largest cash balances, not the biggest brokerage accounts.

What could SECURE Act 2.0 mean for your retirement strategy?