for my 13 years in finance, I don't think I did anything that meaningful with my life. Helping institutional funds get richer was not very rewarding, even if it was to invest people's retirement savings. So I got out.
These contracts can be complex and may affect your taxes, so it's worthwhile to review your contract first with legal, tax and insurance advisors before you sign. Life care contract This is a fixed-price, all-inclusive option that provides access to every level of care without additional ...
Many retirees find they spend the most money in the early and final years of retirement. The 4% Rule How much do you need to retire? Many financial advisors boil the answer down to another rule of thumb: the 4% sustainable withdrawal rate. ...
Adding value in retirement planning: experts say that advisors who understand this area well need not prospect for new clients thanks to a high level of client retention and referrals.(Focus on: FinancialPlanning)Peyrefitte, Sally
As you near retirement, advisors recommendmoving your money into more-conservative investmentsso that you can be more certain that your money will be there when you need it. And not investing in stocks means that, unless you don’t need that level of return, you could end up outliving your...
With so many financial advisors out there, it can be difficult to know who to trust. Our team offers simple, clear guidance to help you protect and grow your money in the long-term. If your goals involve protecting your retirement savings and establishing an income you can count on, let’...
Start small. Financial advisors recommend you have six months’ worth of essential expenses stowed away in ahigh-yield savings account. That’s a rather daunting task for someone just starting out in their career. You don’t have to get there all at once. Aim for one month’s worth and ...
Consider allowing a financial advisor to help you devise a strategy for withdrawing your retirement assets. Finding a qualified financial advisor doesn’t have to be hard.SmartAsset’s free toolmatches you with up to three financial advisors in your area, and you can interview your advisor matches...
Financial advisorsneed to help these clients with their retirement planning. A job loss for a person nearing retirement may result in cuts to lifestyle expenses or downsizing the dream for the golden years. In fact, workers over age 55 may be at greater-than-average financial risk ...
A knowledgeable financial advisor can be invaluable, especially when they have expertise in a particular area. Look for financial advisors who can give you retirement advice and recommendations that help you to meet your goals and are tailored to your circumstances. ...