5 Reasons to Be Concerned About Another Financial Crisis
With the most recent financial crisis in our hindsights, many Americans are sighing with relief. We made it through. And if you’re in your 50’s, maybe you’re thinking: There won’t be another recession before I retire. I’ll be fine. Maybe. I don’t mean to ruin your optimistic outlook, but there are some worrying signs […]
Job Loss Affects You Beyond The Bank Account
I’ve written before about the health impacts of having a corporate job and the toll financial stress takes on your life. And in my opinion, these negative health consequences are a very good reason why you should move forward with the best retirement plan for you, like becoming an entrepreneur. That said, I never […]
Over 50? Here are 15 Retirement Stats You Need to Know
I know a lot of people over 50 have retirement concerns, and they should. The traditional retirement age is fast approaching, and many have less retirement savings than they’d like. And what many GenExers and late Baby Boomers who have retirement concerns don’t really realize how much the cards are stacked against them. Traditional advice […]
The First Step to Financial Freedom
Most clients who come to me know the value of comprehensive financial planning for their future. They want to reduce debt, make smart investments, and develop multiple streams of income to protect themselves from the worst case scenario. But they all still seem to hit a roadblock because they don’t know where to start. Here’s […]
Losing Your Corporate Job Could Be The Best Thing That Ever Happened
It’s old wisdom that losing a job can turn someone’s life upside down. There’s a mortgage, car payments, kids to send to college and you just lost your income and pension. That sounds pretty bleak. But really, losing your corporate job isn’t as much of a death sentence as it used to be. In fact, […]
How to Find the Best Financial Advisor
A financial advisor is someone who offers professional advice on how best to save, invest, and grow your money. The best financial advisors aren’t stockbrokers or accountants, but they are specialists who can help you build a financial safety net, if you find the right one. Do you Need a Financial Advisor? It is possible […]
8 Signs Your Job May Be at Risk
Even if you’re a late-career corporate worker, it’s reasonable to worry about job security. Losing your job at any time can be disastrous for your retirement planning. And a lot of the time, it’s out of your control. If you’re worried about losing your job, here are 8 signs you should look out for. You […]
Why Job Security is a Myth
Trying to build savings for retirement? Don’t bank everything on your job. ‘Job security’ is a buzzword a lot of people throw around. For workers, it’s often a barrier. You want more savings for retirement, so you think: Maybe I should become an entrepreneur and start my own business. Then you think: No, it’s too risky. […]
Your Retirement Planning Warning
Your retirement planning warning and what to do to avoid disaster. Nicholas Naseem Taleb writes about interesting risks that exist but often aren’t considered. He often argues that things perceived to be risky are in fact safer than those that appear to be safe. Volatility is a favorite topic of his. Taleb notes that […]
What You’re Doing Wrong And The Retirement Fix
You realize you have a complex set of unknowns to tackle when you start thinking about retirement. Have you adjusted to the last bad break? It’s possible another one will hit. It can feel like you are personally under attack and you are. Fortunately, you are not alone. There is a retirement fix. Most corporate executives in […]