We live in uncertain times. The pandemic has fueled challenges in all aspects of life, including family dynamics, health, finances, and societal stability. With the wide range of concerns you may be confronted with, it’s tempting to get swept up in the frenzy, scrambling to control all of the variables, only to realize that there…
According to Business Insider, there were 14.9 million self-employed Americans in 2021, up from 12.7 million in 2020. If you’re among the growing number of individuals who are self-employed or own a small business, you may already know that you have several options when choosing your retirement plan. Two of the most common are the SEP-IRA…
Saving money to meet your goals isn’t always enough to get to where you want to be—you need a savings strategy to make sure your savings are optimizing your progress toward your goals and working for you, not against you. An optimal savings strategy is one that best suits your unique financial profile. As with most questions…
Familiar with do-it-yourself investing? Many people think they know best when it comes to managing their own investments. And in some cases, they do, especially when they’re financially literate and market savvy. However, that doesn’t mean one should set sail on the financial seas alone. Yes, investing is simple, but it’s not easy. Hiring an…
Although many people feel that New Year’s celebrations are a bit of a letdown after the magic of Christmas, I personally love the New Year holiday. New Year’s Eve and New Year’s Day symbolize a new chapter in our lives and provide us with a landmark by which to measure our progress with our goals.…
Money can be an emotionally charged topic that’s often best avoided at large group gatherings. But every family has that one relative who can’t help themselves from doling out their ‘expert’ opinions on money every time the family sits down at the dinner table. Unfortunately in many households, that relative has a captive audience, even…
Voluntary early retirement is a coveted ambition many people dream of. The chance to spend your days exactly how you want instead of slogging away at a desk until you’re 65 (or older) seems too good to be true. Plenty of families plan to achieve early retirement – and do so successfully – every day. …
In theory, early retirement sounds like an absolute dream. Save enough money, quit your job in your 50’s or even your early 60’s, and everything should be golden, right? Unfortunately, there are a few disadvantages of early retirement that can be detrimental to your early retirement ambitions if not adequately planned for. Today we’re covering…
Picture yourself waking up, pouring a leisurely cup of coffee, and heading out to your back deck to sit in the morning sunshine. Maybe you’ll spend the day finishing a good book, or perhaps you and your spouse will hit the golf course for a bit of exercise. At dinner time, you might cook a…
The concept of early retirement is becoming a more attractive option for many people who would like to spend less of their time working and more of their time living. With that said, some individuals and families find that even though they’d technically like to retire early, they’re not quite ready to give up working…