Getting (Mentally) Ready to Retire
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 […]
Coronavirus Vaccines and the Economy
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 […]
Creating a Retirement Strategy
Most people just invest for the future. You have a chance to do more. Provided by Marc Aarons at Money Managers, Inc. Across the country, people are saving for that “someday” called retirement. Someday, their careers will end. Someday, they may live off their savings or investments, plus Social Security. They know this, but […]
Creating a Retirement Strategy
Most people just invest for the future. You have a chance to do more. Provided by Marc Aarons at Money Managers, Inc. Across the country, people are saving for that “someday” called retirement. Someday, their careers will end. Someday, they may live off their savings or investments, plus Social Security. They know this, but […]
Avoiding Large Losses in Your Portfolio
“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 […]
End-of-the-Year Money Moves
Here are some things you might consider before saying goodbye to 2019. Provided by Marc Aarons at Money Managers, Inc. What has changed for you in 2019? Did you start a new job or leave a job behind? Did you retire? Did you start a family? If notable changes occurred in your personal or professional […]
That First RMD from Your IRA
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 […]
Why Having a Financial Professional Matters
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 […]
A Retirement Fact Sheet
Some specifics about the “second act.” Provided by Marc Aarons at Money Managers, Inc. Does your vision of retirement align with the facts? Here are some noteworthy financial and lifestyle facts about life after 50 that might surprise you. Up to 85% of a retiree’s Social Security income can be taxed. Some retirees […]
Investment Policy Statements
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 […]