Are your clients ready to transition from active business owner to happy retiree? Are you prepared to guide your clients to the retirement they want? Find the answers to this and many more questions in the new book, My Business is My Main Asset. I…
…remember that it is never too late. If possible, increase your 401(k) savings rate every time you get a pay raise, no matter what. Review your portfolio regularly. Asset allocation decisions are among the most important that you can make. Studies have shown that asset…
…who will assume responsibility for the entire investment process. In essence the hired OCIO firm may assumes as much of the client’s fiduciary responsibility as is possible. The duties can include: review, analysis and changes to the client’s Investment Policy Statement, portfolio asset allocation, portfolio…
…It can allow the caregiver to pay bills or sell assets, including selling the parent’s home, and managing all assets. POA can be divided into financial and medical responsibilities, so that in the case of multiple children, one child does not have to take care…
…of your employee population are at risk for not achieving their retirement goals-whether employees are utilizing asset allocation and target date funds, and whether catch up contributions are being maximized. WHAT SHOULD WE LOOK AT WHEN EVALUATING PLAN FEES AND EXPENSES? One of the more…
…Finally, establish an appropriate asset allocation to help you determine your portfolio’s overall risk and return. While saving requires sacrifice, focus on the rewards by visualizing the retirement that you want. Taking that first step can be the hardest, but once you have a game…
…harnessing the power of compounding, finding extra dollars to save, saving for college and retirement, managing debt, and asset allocation guidance. Among the recommendations to be found in The Millennial SmartPath™: Do the math. Calculating a retirement savings goal involves more than just coming up…
…single fund investment solution that is well diversified among the various asset classes. Such an approach offers participants a means of keeping their investment strategy simple but sophisticated. Target date funds, asset allocation funds, and model portfolios are all fine examples of a workable, easy…
…– is this an asset purchase or an entity purchase? In other words, is the acquiring company buying the assets of the target company or are they buying the entity itself. In an asset purchase, the acquiring company generally doesn’t assume the assets and liabilities…
…what are called non-qualifying assets. These are investments that include limited partnerships, artwork, collectibles, mortgages, real estate or the securities of “closely-held” companies. If a plan has more than 5% in these non-qualifying assets, the company needs either a bond amount equal to 100% of…
…most recently during the housing-led crisis in 2007 and 2008. This was explained away as a simple, temporary supply-demand imbalance. As risky assets like stocks or high-yield bonds plunged in value, corporate investors had to move large sums of institutional money temporarily into short-term, overnight…
…per year. As a result, couples were able to collect significantly more Social Security income. A valuable strategy to consider, at least if you can afford to suspend those benefits … but the window is rapidly closing. Under the new, Congress-mandated rules, anyone born on…