The Internal Revenue Service recently announced a change that could significantly impact your retirement strategy. Starting in 2022, the amount you can contribute to your qualified retirement savings plan will increase. The new change will apply to 401(k), 403(b), most 457 plans, and the Thrift Savings Plan. Click below to learn more about how this will affect you and your finances. And don’t hesitate to reach out with any questions you have. Click here to learn more
Employers: Are you offering Long Term Care insurance as a benefit to your employees? Even those with substantial incomes and adequate retirement savings are concerned with how they would cover the costs of medical care for themselves or their loved ones, this benefit holds positive implications for staff retention and productivity. Let me help you to understand your options. Click here to learn more.
You were just in an accident and are going to be out of work for months. Do you have a plan that addresses this contingency? A financial advisor will explain the options and design a program to suit your needs. Click here to learn more.
Maybe you get your health insurance through your employer. What happens when that option is no longer available to you or your family? You need a strategy to cover your health expenses for your entire life, not just your working life, or your current employer.
Your family depends on you. Life insurance is but one tool in your risk mitigation strategy. With so many choices, how do you know that you have the right amount and type of coverage? Let’s talk today – you don’t have to do this alone.
Finances – Does this topic keep you awake at night? Do you know what you have? Let’s get started on building a financial plan that gives you a realistic picture of your situation today and your dreams for tomorrow.
If you already have life insurance, that’s great! But it’s safe to assume that you have experienced at least a few life changes since you purchased your policy. As life changes, so do your needs. This is why you should not let your policy run on autopilot. As your circumstances and needs change, periodic monitoring is needed to help ensure that your life insurance will achieve your desired objectives. Click here to read an article that discusses the importance of annual policy reviews. Click here to read the article.
While the question is simple, the answer is not. Below I have listed several factors where diversification plays a role in reducing risk in an investment portfolio. Asset allocation Most people think of asset allocation when considering if their portfolio is properly diversified. We allocate our monies across the following three (3) asset classes: equities, fixed income, and cash. The decision to include an asset class is based upon their historical correlation with other asset classes. Correlation measures the strength of the relationship between two asset classes, where the value can range from +1 (perfectly correlated) to 0 (no relationship) …
You Cannot Pay Your Way Out of This Crisis You desperately want to believe that you can pay someone to take care of this problem for your loved one.
Preparing for the long road