Key Estate Planning Mistakes to Avoid
Too many people make these common errors. Provided by Money Managers,Inc. Many affluent professionals and business owners put estate planning on hold. Only the courts and lawyers stand to benefit from their procrastination. While inaction is the biggest estate planning error, several other major mistakes can occur. The following blunders can lead to major problems. […]
Managing Money Well as a Couple
What are the keys in planning to grow wealthy together? Provided by Marc Aarons When you marry or simply share a household with someone, your financial life changes – and your approach to managing your money may change as well. To succeed as a couple, you may also have to succeed financially. The good […]
Retirement Account Limits for 2017
2017 Retirement Account Limits How much can you contribute this year? Provided by Marc Aarons In 2017, you have another chance to max out your retirement accounts. Here is a rundown of yearly contribution limits for the popular retirement savings vehicles. IRAs. The 2017 limits are the same as in 2016: $5,500 for IRA […]
How Much Will You Spend When You Retire? Provided by Marc Aarons
How Much Will You Spend When You Retire? Will you have enough money to make ends meet? Provided by Marc Aarons You may have heard that people spend less once they are retired. Statistically, that is true. The question is whether a retiree has enough income to meet his or her expenses. Ideally, retirees […]
Think About Your Lifestyle Before You Retire: Sometimes planning for retirement isn’t entirely about money.
Provided by Money Managers Inc. How many words have been written about retirement? It’s a preoccupation for many, and we devote so much time, thought, and energy toward saving for the last day we go to work. Saving and investing in such a way that we no longer have to work may seem ideal […]
White House Proposes Changes to Retirement Plans
A look at some of the ideas contained in the 2017 federal budget. Provided by Marc Aarons Will workplace retirement plans be altered in the near future? The White House will propose some changes to these plans in the 2017 federal budget, with the goal of making such programs more accessible. Here are some of the […]
Did You Hear What Just Happened With Social Security?: Congress just eliminated two popular strategies used to get greater retirement benefits.
Provided by Marc Aarons @ Money Managers Inc. If you want to claim Social Security benefits soon, keep a date & a number in mind. The date is April 30, 2016. The number is 62. Recent changes to the Social Security benefit rules have made that date and that number very important, especially for those […]
THIRD (3) QUARTERLY ECONOMIC REVIEW 2015
QUOTE OF THE QUARTER “There are some things you learn best in calm, and some in storm.”– Willa Cather QUARTERLY TIP If you have not yet contributed the maximum to your IRA or workplace retirement plan for 2015, now is a good time to do so. Holiday season spending may affect your ability to max out […]
Keeping All This Volatility in Perspective: These recent ups & downs are reminiscent of past Wall Street swings.
Provided by Marc Aarons @ Money Managers Inc. Fall might be anything but calm on Wall Street. Volatility is back, in a big way: the CBOE VIX has risen more than 105% since the end of July. Additionally, 11 of the 15 trading days ending September 9 were “all or nothing” days in which more […]
Riding Out This Volatile Market: A major global selloff unfolds. Is a bottom near?
Provided by Marc Aarons @ Money Managers Inc. When will the stock market stabilize? As the last trading week of August began, worried investors wondered just that. Gains for the major indices were hard to imagine at Monday’s opening bell, but few imagined the Dow Jones Industrial Average would drop 1,089 points as trading […]