Getting (Mentally) Ready to Retire Even those who have saved millions must prepare for a lifestyle adjustment. Provided by Marc Aarons   A successful retirement is not merely measured in financial terms. Even those who retire with small fortunes can face boredom or depression and the fear of drawing down their savings too fast. How […]

Hopeful markets react.  Provided by Marc Aarons As the United States sees a rise in cases of COVID-19 across the nation, news of two promising vaccines out of hundreds being tested has offered a ray of hope for a fatigued world.1 A positive reaction to these vaccines affects every aspect of human life, including the financial […]

“Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.” – Warren Buffett1  Provided by Marc Aarons at Money Managers, Inc.  Risk is a factor in any investment decision that you make. Your tolerance for risk is something that you will want to consider when you make decisions alongside your trusted financial professional. Your […]

What you need to know.  Provided by Marc Aarons at Money Managers, Inc.   When you reach age 70½, the Internal Revenue Service instructs you to start making withdrawals from your traditional IRA(s). These withdrawals are also called Required Minimum Distributions (RMDs). You will make them, annually, from now on.1 If you fail to take […]

A good professional provides important guidance and insight through the years.  Provided by Marc Aarons at Money Managers, Inc.  What kind of role can a financial professional play for an investor? The answer: a very important one. While the value of such a relationship is hard to quantify, the intangible benefits may be significant and […]

Provided by Marc Aarons at Money Managers, Inc. A self-fulfilling policy. An investment policy statement (IPS) is a document which helps the client and advisor stay “on the same page” by clearly stating the expectations and responsibilities of the client and advisor. A standard IPS will usually take into account the client’s general investment goals […]

Provided by Marc Aarons at Money Managers, Inc. On a sunny Friday in June of 2015, the Supreme Court of the United States (SCOTUS) made a monumental decision in Obergefell v. Hodges, which drastically changed the country’s social and financial landscape. Same-sex couples celebrated, the nation’s monuments were lit in joyous rainbow hues, and Americans who […]

Not all gifts are taxable. Provided By Marc Aarons at Money Managers, Inc. I’d like for you to meet my friend, Hugh. He’s a retired film stuntman who, after a long career, is enjoying his retirement. Some of what he’s enjoying about his retirement is sharing part of his accumulated wealth with his family, specifically […]

Expect volatility, but avoid letting the headlines alter your plans Provided by Marc Aarons at Money Managers, Inc. Recent headlines have added volatility to the markets. There will always be new headlines, and any of them could mean turbulence for Wall Street. As an investor and retirement saver, how much will this turmoil matter to […]

Two recent court rulings may make you want to double-check. Provided by Marc Aarons at Money Managers Inc. How often do retirement plan sponsors check up on 401(k)s? Some small businesses may not be prepared to benchmark processes and continuously look for and reject unacceptable investments.   Do you have high-quality investment choices in your […]