As we enter 2020, we would like to start off the new year by expressing our gratitude to everyone who has enjoyed Advance Capital’s Financial Living Blog. It was one of our best years yet, with well over 100,000 readers. Without the support of readers like you, none of this would be possible.
And, if you haven’t subscribed to the blog yet, what are you waiting for?
Our goal is to provide easy-to-understand, enlightening and actionable information to help you make the smartest financial decisions possible – tips and advice for your financial challenges today, tomorrow, whenever.
Therefore, we’re going to say goodbye to 2019 by sharing our top blogs of the past year – things you may have missed or want to revisit – that will get you ready for the new year, the new decade and beyond.
Health is wealth. At no other time may this be truer than in retirement. Whereas many of your expenses decline once you retire (hopefully you don’t have to commute, the mortgage is paid off and the kids are financially independent), health care costs will generally rise as you age.
What things in your life may have you overlooked? Have you ever wondered if you’re taking full advantage of your financial adviser’s services? Or, if you’ve been handling money on your own, do you know how a financial adviser can help?
On the Richter scale of financial fears, most people would put a recession near or at the top. From job loss to market downturn, the potential magnitude of financial dangers can be severe. But just how fearful should investors be of the next recession?
Preparing for retirement can feel less daunting when you take it step by step. As Chinese philosopher Lao Tzu said: “A journey of a thousand miles must begin with a single step.” So, we’ve compiled a basic checklist to help you on your way.
Today, with smartphones and tablets, you have an endless sea of information literally at our fingertips. As it pertains to your investments, instant access to all that information can do more harm than good.
The truth is your behavior will have a greater influence on your wealth than any product. Given that, it’s worthwhile to consider the benefits of gratitude and how they can ultimately make you a better steward of your money – for the benefit of yourself and for others.
Though it is a part of life for many people, caregiving is not a certainty for everyone. Therefore, it doesn’t always make it into financial planning conversations. But, when you consider how much caregiving can affect your life, you may realize how important it is to explore your options.
Society has come a long way in improving gender equality, but there are still many roadblocks that are unique to women when it comes to planning for retirement – earning less, spending more time out of the workforce and living longer, to name a few.
Natural tendencies such as fear and overconfidence can cause us to make bad investment decisions, such as chasing market fads and not diversifying. It explains why the average investor often earns below average market returns. So, why not take just a minute to learn what it takes to become a successful investor.