Blog
The Big Three: Stocks, Bonds & Cash
For those who are new to saving and investing, the investment world can be a minefield of jargon and confusion. Most retirement plans offer a dozen or more investment options, each sometimes invested in multiple securities. That said, even novices should take the time to learn the basic building blocks of their portfolio: stocks, bonds and cash. Here’s a quick introduction.
Don’t Leave It To Your Ex: Update Your Beneficiary Designations
One of the most important pieces of information on your retirement account is also one of the most overlooked—your beneficiary designation. If you’ve been married or divorced, had children, started a business, or suffered the loss of a spouse since setting up your retirement accounts, read on.
New Year, New Resolve
Financial independence. It’s what many people dream of, and work for. Yet surprisingly many Americans spend more time planning for their summer vacation than planning for retirement. It’s a new year, and now is the perfect time to turn over a new leaf.
Are you part of “Generation Grumpy”?
If you were born from 1962-71, you may be part of #GenerationGrumpy. You’re not alone, and you’re entirely justified!
According to The New York Times’ Robert Gebeloff, “The generation of people born 1962 to 1971, now in what are typically peak earning years, are finding they are not doing as well as they might have expected….Middle age used to be the peak earning years on the job market, but this is no longer true, especially for men. People 45 to 54 are still earning more than than younger colleagues. What’s changed is on the other side of the age matrix: Older workers have increasingly gained ground on the income scale. The older they are, in fact, the more rapid the ascent up the income rankings.” Read the full article here.
Regardless of what you thought you might be earning, however, there’s always opportunity to save for retirement. Please give us a call if you’d like to learn more.
