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Why you should spend time naming a beneficiary!

Thursday, 13 August 2009 15:43 by Andy

People devote several hours to planning their retirement. They seek expert advice and watch the performance of their investments regularly but when it comes to naming a beneficiary, it is often done as an afterthought. If you don’t take into consideration this very important step of correctly naming a beneficiary(s): your wishes may go unheeded, your family may suffer because of difficult decisions that might need to be made, taxes that could have been avoid may reduce the value of your estate or your estate could very likely end up in court. [More]


Want to have more to invest?

Monday, 13 July 2009 10:16 by Andy

Are you ready to invest more in your retirement savings but just not sure where you will find the extra dollars to invest? Sometimes the best way to increase the funds [More]


Long Term Care Insurance – What to Consider

Wednesday, 24 June 2009 10:39 by Andy

What is long term care insurance? How does it work? Who can it help? What should you consider if you decide to purchase long term care insurance? All of these questions are relevant regardless of your age if you are considering this possibility. A decision about long term care insurance is an important part of financial planning. The big reality is that healthcare costs can devastate retirement finances. [More]


Five Investment Actions to Avoid

Monday, 8 June 2009 13:44 by Andy

Investing in any economic situation can be difficult and the current environment only heightens how the following mistakes can cause you long term problems if you don’t avoid them. [More]


How much income do you want for retirement?

Thursday, 14 May 2009 15:26 by Andy

A simple rule for the amount of income you can withdraw from a well diversified portfolio in normal economic situations is about $4,000 of income per year for every $100,000 invested. [More]

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Categories:   Retirement
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Knowing your risks can help you manage your risks

Wednesday, 29 April 2009 08:25 by Andy

Barron’s Finance and Investment Handbook has a very simple definition of risk: The measurable possibility of losing or not gaining value. To go a little farther, there are several types of risks that can be in your portfolio. Recognition and understanding are key to managing the risk that might be in your portfolio. Following is a brief overview categorizing risk into to four broad areas. [More]


Is a financial plan really worth the cost?

Thursday, 16 April 2009 13:18 by Andy

It has always been worth the cost but in these economic times, the value of a sound financial plan is probably even more valuable. Good planners are communicating with you regularly and keeping you updated on your progress along the plan that was developed. [More]

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Categories:   Planning
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Plan your progress

Friday, 27 March 2009 13:45 by Andy

Retirement is a major life event but there will be several other significant financial events along the way. If you can address some of these concerns you will be better prepared for your retirement years. [More]

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Categories:   Planning
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Avoid a Costly and Common Estate Planning Pitfall

Tuesday, 10 March 2009 15:18 by Andy

After working hard to build up your retirement savings through your IRA, company plans and other investment options don’t let decisions made 40 years ago impact your estate plan. The naming of a beneficiary is probably the most important component of estate planning that is overlooked the most. [More]


What are truths about the tax code?

Friday, 20 February 2009 14:56 by Andy

Our understanding of the tax code might be based on half truths, used to be truths and pure fiction. It is always important to consult a tax professional to have the best understanding of the current tax law. [More]

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Categories:   Tax Planning
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