“It’s not what you make that counts!” Exhorts friend and mentor Ed Slott in an interview we recently conducted. “It’s what you keep – after taxes!” Ed Slott has a top-rated show on public broadcasting called ‘Retire Safe and Secure.’ Ed’s message about retention is in sync with the current preference among retail investors for [...]
Confusing information about selecting life insurance is normal. The reality is that there is never one type of anything that fits every situation. For example, would you like to see your barber or hairdresser and have the same haircut as the man or woman before you? When you go out to eat, is there only [...]
Retirement decisions can be confusing and complicated. Many people make too many mistakes when it comes to decisions that can affect their important retirement period. Listed below are 7 retirement mistakes, possibly you can avoid them. Searching for jobs later in life: Many people forgo proper retirement planning thinking they’ll be able to offset retirement [...]
I can remember the first company I worked for, a national airline. It was 1966, and I was a freshman in college. I loaded airplanes with bags, handled air freight, and waited on passengers. I loved my first job and I loved the company. To see them now is an exercise in disgust; the airline [...]
"It's not "if," but when..." According to the National Bureau of Economic Research, as of July 1, 2019, the U.S. is officially in its longest expansion ever. For over 120 months, the economy has been growing. However, in recent weeks, there have been signs of a potential slowdown. While I tend toward optimism, I do [...]
Use Legacy Arbitrage to extend benefits to heirs Definition of 'Arbitrage' from Investopedia "The simultaneous purchase and sale of an asset to profit from a difference in the price. It is a trade that profits by exploiting price differences of identical or similar financial instruments, on different markets or in different forms. Arbitrage exists as [...]
This is the most critical part of retirement. It is not necessarily the amount of money you have; it is the amount of income you can get off of it for the rest of your life. I was meeting with a client the other day, and we were talking about the amount of retirement income [...]
