For the second year in the row, Advance Capital Management advisors Michael Hohf and Jeffrey Lido have been named to the Forbes Best-In-State Wealth Advisors list for the state of Michigan.
We all have fears, some more common or unique than others.
Something we emphasize when meeting with new clients is that their financial plan is dynamic. The goal is to continuously work toward or preserve the life you want. So, it changes as market conditions, government policy, economic factors and personal financial conditions make it necessary to change. It changes as your life changes. In other words, it is never perfect.
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.
When planning for your future, you should focus most on the factors you can control. But you still must be mindful of those factors out of your control, one of which is government policy.
How significant are a few additional steps?
For an elite marathoner, a few inspired steps can be the difference between a respectable time and a first-place medal. For a politician, a few more hands to shake and babies to kiss can be the difference between elected official and also-ran. For an architect, a few more feet can be the difference between tall and tallest in the world.
By Kurt Mears, Advance Capital Management Financial Adviser
From VA doctors to national security officers, we’ve had the pleasure to work with many federal government employees. One way in particular is by providing help navigating the Thrift Savings Plan (TSP). Recently, there has been some important changes in the TSP that I would like to highlight.
The world is filled with generalizations.
Men are afraid of commitment. Dogs are smarter than cats (or vice versa). Most politicians are corrupt.
They wear the appearance of truth but are far from truthful. Life is much too nuanced to be condensed into general rules.
In The Hard Thing About Hard Things, successful Silicon Valley entrepreneur and respected thinker Ben Horowitz writes:
“Hard things are hard because there are no easy answers or recipes. They are hard because your emotions are at odds with your logic.”
The conventional definition of retirement may itself need to be retired.
