Weekend Reading: What to Do When You Don't Know What to Do in Retirement
Past Retire With Purpose podcast guest, Nancy Collamer, is a retirement coach who helps retirees navigate their “Second Act”, and learn how to obtain maximum fulfillment in the potential decades that could lie ahead.
Weekend Reading: 7 Principles to Help You Create Your Perfect Portfolio
There is no “perfect” portfolio, but there is a perfect portfolio for you. It mirrors your personal values, financial goals and unique situation, which is why we at Howard Bailey focus on developing your financial L.I.F.E. Plan.
Weekend Reading: Can Your Portfolio Outsmart the Three Fed Bears?
As inflation continues to remain a front-running financial concern of individuals across the U.S., this article takes a look at three outcomes (or Fed bears, told Goldilocks style) that could occur as a result of rising costs.
Weekend Reading: A Hierarchy of the Value a Financial Advisor Provides
Your financial advisor should be much more than the implementor of your retirement plan. They are your financial thought partner, avid listener and trusted provider of sound, strategic guidance.
Weekend Reading: The Ethical Will or Family Love Letter: How to Transfer More Than Money to Future Generations
Your legacy plan has the capability to go far beyond tangible materials and wealth assets.
Weekend Reading: What You're Really Worried About When You're Worried About Money
Does money truly have the power to elevate your life? It can certainly take care of your most basic necessities, but according to Maslow’s Hierarchy of Needs, money has a limit on the amount of happiness it creates.
Weekend Reading: As You Approach Retirement, C.A.N. You Handle a Market Downturn?
When it comes to volatility and finding a desired risk level within your portfolio, here is a handy acronym we at Howard Bailey even use with the families we meet with: C.A.N. you take the risk? (C-Capacity, A-Attitude and N-Need).
Weekend Reading: Retirees Should Enjoy Their Savings More, Here's How
If you have secured a retirement plan you feel confident about, it’s time to enjoy the fruits of your labor.
Weekend Reading: Here's What to Know About Your 2022 Medicare Costs
In addition to a higher COLA for Social Security benefits this year, you can also expect a hike in certain Medicare costs.
Weekend Reading: How to Avoid Making Reflexive Investment Decisions
The analytical aspect of making investment decisions is often overthrown by our emotions. It’s simply human nature, and it shows up most commonly in the form of bias.
Weekend Reading: When Advisors Violate Their Fiduciary Duty
At Howard Bailey, we take pride in the fact that our team is held to a fiduciary standard. Simply put, this means we are responsible to act on behalf of our clients, and must continually put their needs ahead of our own.
Weekend Reading: Consider the Source – How to Cut Your Tax Bill
A primary part of navigating the complicated process of tax planning includes not only considering the source of your income, but also understanding how it can affect the dues you owe Uncle Sam.