"According to recent Federal Reserve research, Americans are behind on more than $600 billion in bills. Nearly one in ten of us has a debt in collection."- Teresa Kuhn. In the fourth quarter of 2020, total U.S. personal debt reached a record $14.15 TRILLION, higher than the pre-recession peak of $12.68 trillion. The debt situation [...]
If you're like most people within 5-7 years of retirement, you're concerned about having your life's savings eaten away by everything from stock market downturns to inflation to increasing taxes. Every day, I get questions from concerned business owners, entrepreneurs, and investors just like you. These are often people with asset portfolios decimated by market [...]
Are you planning to retire in 5-10 years? Don't forget about the 2008-2009 financial crisis. Following the 2008-2009 recession, nearly every small business owner and self-employed professional experienced severe revenue declines. Bankruptcies spiked, and many Americans lost their homes, their companies, and their retirement accounts. The struggle to bounce back from this economic calamity [...]
Retirement Income Planning: Are you doing it all wrong? "The COVID-19 pandemic, if it taught us nothing else, demonstrated the need for guaranteed and predictable sources of income."- Teresa Kuhn. We live in an age of volatility and uncertainty. Even well-planned individuals find their wealth exposed to destructive forces such as inflation, declining interest rates, [...]
