L's of Later Life: Liquidity, Lifestyle, Longevity, Legacy
For many, approaching later life and entering retirement are synonymous with rest, relaxation, and rejuvenation. It’s an opportunity to live life to the fullest now that you are no longer committed to a 9-to-5 job, or raising a family. It’s a second chance to try new things, experiment, and find true joy in your day-to-day life.
But for just as many, later life can be overwhelming. Upended routines, changing social circles, and looming uncertainties can cause many retirees to feel anxious and lost in this new chapter of their journey. This is especially true for those who may experience divorce or widowhood at an older age in conjunction with navigating retirement.
Are You Taking On Too Much Risk In Your Portfolio?
Every investor is different. Some people feel comfortable betting on a hot new company that just went public, and some people feel better sticking to more traditional investments. Whatever your preference, it’s important that your portfolio reflects your risk tolerance. Understanding how comfortable you are with taking risks will help you understand whether or not theres too much risk in your portfolio.
You know you need to invest to grow your money into a nest egg that will sustain you in the future, but what can you do to prevent taking on too much risk in the process?
6 Secrets to Prepare for a Happier Retirement
You don’t work and save for decades hoping for a “ho-hum” retirement. No, you’ve got dreams and plans for this stage of life to be truly “golden.”
So what does a happy retirement look like for you? Every retirement looks different, and it’s important to create one that works for you. Let’s uncover our top tips on how to achieve a retirement you can be happy with.
Happy Thanksgiving: Here's What We're Grateful For
Can you believe 2022 is already winding down? If there’s ever a time when we need to stop and take stock of all that we have to be grateful for, it’s now. With the dramatic events of the last two years, many of us were hoping that 2022 would be a fresh start. Although this year brought its own set of challenges (and it would be all too easy to focus only on the bad!), we are using this Thanksgiving season to cultivate a heart of gratitude and acknowledge the many things we have to be thankful for.
The Financial Advantages of Diversification
Change can be difficult to put into motion. We get used to our routines, our favorite take-out spot, a certain hairstyle. If we do something different, what if we don’t like the result?
The Top 5 Retirement Planning Challenges to Avoid
Retirement is a brand-new journey, unlike anything you’ve ever experienced. You are leaving behind the security and comfort of a steady paycheck and structured schedule and trading it for the unknown of finite resources and endless free time. It can be quite a shock to your system and may take a lot of time to adjust to a new way of life. You may be asking yourself if all your hard work will pay off.
What to Do Before You Get Divorced
No one ever enters marriage expecting to get divorced. This can be one of life’s most difficult transitions and shouldn’t be taken lightly. Losing someone you once loved and breaking apart the life and family you built together with your partner can be an emotionally exhausting experience. But, like marriage, divorce is a legal event that requires a lot of thought and consideration, especially for your financial future. Consider these tips before you get divorced to help prepare you for this new phase of life.
The Biggest Financial Mistakes I See
Having spent over 25 years in the financial services industry, I have worked with countless very different and very talented individuals. Despite my clients coming from all kinds of backgrounds and professions, they all seem to make the same mistakes. Let’s break down some of the biggest financial mistakes I see people make so you can avoid them.
How We Watch Over Our Clients’ Money
If there is anything we learned in the last two years, it’s that nothing is certain. When the world is unstable, the market usually responds with volatility. While you can’t control the markets, you can control your response to market volatility. That’s where we come in. Here’s how we are watching over our clients’ finances and taking proactive steps to help manage their wealth.
Top 6 Habits of Financially Successful People
What does being financially successful mean to you? While Warren Buffet says, “I measure success by how many people love me,”1 Jeff Bezos says that to be successful, “You must create more than you consume.”2 So although there’s no single definition of what it means to be financially successful, certain core behaviors and habits can help you get there. Let’s explore the top 6 habits of financially successful people to keep in mind as you’re working toward your own version of financial success.