The time leading up to retirement can be filled with excitement, stress, and the undertaking of ensuring long-lasting financial stability. A year or less before making this transition is the time to evaluate your financial status, healthcare needs, and lifestyle plans. Regardless of the retirement you aim for, this approach is built to secure a smooth transition.
When you think of a financial advisor, you might imagine someone who simply manages investments. While that is an integral part of what they do, a financial advisor offers much more. Advisors are essential for helping individuals and families navigate their money matters—from saving for retirement to managing debt, planning for taxes, and protecting wealth. But what exactly does a financial advisor do, and how can their expertise be helpful to you?
Managing personal finances can be overwhelming. Knowing where to start, what to focus on, and how to achieve your goals may feel daunting, but this simple guide to organizing your finances can help you take control of your financial future.
Financial scams have become increasingly sophisticated, especially for older adults. According to AARP, people over 60 lost $600 million to scams in 2020. Here are some common tactics and essential tips to avoid falling victim.
Finding the right professionals to invest and manage your hard-earned money can sometimes feel like you are looking for the “needle in the haystack.” You want an advisor team that will prioritize your financial well-being and provide guidance with integrity. This is where the fiduciary standard comes into play—a legal and ethical benchmark that holds financial professionals to the highest level of client care. But what exactly does it mean to be a fiduciary, and why is it so crucial in the financial services industry?
FOMC meeting and a somewhat weaker than expected jobs report last week