Rest easy, dog food is off the menu. By that we mean you can ignore the extreme hyperbole surrounding fears about running out of money in retirement, such as the notion of having to eat Fido’s canned dinner.
Are you scared about spending your hard-earned financial assets? If so, you’re not alone.
A loved one (a child, sibling, other relative or friend) tricks you into making large cash transfers, which starts to drain your retirement savings. Surely, that wouldn’t happen to you, would it?
Something that hasn’t been high on the list of retirement risks for many years is inflation.
Advance Capital Management prides itself on the talent and hard work of its staff. That’s why we’re pleased to announce three of our financial advisors – Ryan Sheffer, Michael Hohf and Daniel McHugh – have been named to Forbes magazine’s 2021 Best-In-State Wealth Advisors.
A financial resource that can help you sleep at night is literally the place where you sleep at night. Your home – and other real estate properties – are likely one of your largest financial assets.
Congratulations Gen Xers and millennials. The “Great Wealth Transfer” is on. Baby boomers are expected to pass on upwards of $30-$40 trillion in assets over the next 25 years, according to Cerulli Associates.
We made it – a new year and a fresh start! Sure, the pandemic is still with us. But with the distribution of vaccines, a rising stock market and an economy that is slowly rebounding, it’s safe to work toward improving your financial life.
The investment world is much bigger than your portfolio. It encompasses a wide variety of investments, and it evolves as new investments and marketplaces are created. Perhaps, the newest addition making the biggest splash is cryptocurrency.
There is no secret strategy to become a millionaire. You don’t need to make brilliant investment trades. You don’t need to earn a six-figure income. Even if you start saving late, it’s still possible to join the growing ranks of 401(k) millionaires.
