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Archive for May 2019

What Is Asset Allocation?

Asset allocation refers to how you invest your money. A lot of people know that when you are an investor, you should buy some neutral funds, some stocks, short term and long term bonds. But which one and what ratio or percentage? That is largely dependent on where you are in your life. An asset…

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What Is Risk Tolerance? | How Much Risk Should I Take?

More people should take The Rule of 100: Subtract your age from 100 100 – 60 = 40 60% of assets should be safe and secure. 40% of assets should positioned for growth. Everyone is different and depending on the circumstances, this rule is certainly not an absolute. We help people determine their appropriate risk…

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What Are The Benefits Of Having A Will?

A Will is a very important document to have. It is how you exercise control over your affairs after you pass away. It is not just for the wealthy either. A Will can help your life insurance and the rest of your estate remain out of probate and protect and provide for your loved ones…

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Financial Checklist for Baby Boomers

You’ve probably been hearing a lot about Baby Boomers lately. Not surprising considering this huge generation is reaching retirement age in a very different economic climate than their parents. In fact, 10,000 Boomers are turning 65 every day. Boomers, as a group, will be retiring with more debt than their parents, be it credit card, education, or a mortgage. On top of that, the cost of living has jumped significantly in the last few decades, with housing up 21% in the last three years alone, food up 26% in the last ten years. Medical costs even for those over 65 who qualify for Medicare have increased as well. What that means for retiring Boomers, as this is a population who has the potential, through lifestyle and advances in medicine, to live well into their eighties, nineties, and hundreds, is that they should go over the following checklist of financial goals.

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