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 […]
What Should You Have Saved For Retirement at 50?
What should I have saved for retirement at 50? So now you’re 50. The big five-o. If you hadn’t already had the shock that you should probably start saving more for retirement, you definitely have now. Sixty-five, the traditional retirement age, is a mere 15 years away. Questions are reeling in your head: Have I […]
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 […]
What’s Your Most Valuable Retirement Planning Tool?
What tools do you need to succeed in retirement planning? Savings, smart investments and a 401(K) probably come to mind. These are all great assets, especially if you have years to build them into a big financial safety net. But if you need to build savings fast, I wouldn’t call any of them your most valuable […]
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 […]
How Much Savings Do You Need for Retirement?
How much do you need in your savings for retirement? It’s a big question no matter where you’re at in life. After all, if you’re in your 50’s, you’re only about 15 years from the traditional retirement age. That’s not a lot of time to save up. And according to an analysis from the Government […]
Why You Shouldn’t Trust Your Pension Plan
For many, a pension plan seems like a great way to pay for retirement. Unlike a 401K, both you and your employer contribute to a pension. Most companies will pay in between 3 and 10% of your annual salary every year. It’s recommended that your own contributions should round this up to 15% of your […]
What’s Missing From Your Financial Planning Checklist?
You could have the most comprehensive financial planning checklist out there. You’ve covered every possible scenario and contingency to minimize risk and maximize your savings long term. But what if your boss fired you tomorrow? Well, you’d have to throw most of your comprehensive financial planning checklist out the window, at least until you got […]
The Worst Ways to Prepare for Retirement
You’re a corporate worker and you’ve tried to prepare for retirement but you know it’s not enough. Don’t worry, your retirement concerns aren’t unique. That said, a lot of traditional retirement planning advice really doesn’t apply to you, and you don’t have time to mess around with outdated tactics. Whatever you method you choose, make […]
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 […]