Fixed Annuity vs. CD A fixed annuity and a CD can both serve as conservative ways to earn a fixed rate of return. In this article, we will go over the difference between a fixed annuity vs. CD. Similarities There are a few similarities when it comes to a fixed annuity vs. CD. First, [...]
Dealing With Market Crashes During Retirement Throughout history markets have recovered from crashes given enough time. However, if you are in retirement, you may not have time to wait for the market to recover. You may be forced to sell at lower price to fund your retirement. But a downturn is manageable with adequate [...]
Exchange Traded Funds Exchange traded funds, or ETFs serve as a building block to a diverse portfolio. They are a type of investment fund that allows investors to pool their money in a selected basket of securities that are traded on a stock exchange. In this article, we will go over the basics of [...]
Types of Bonds A bond is a loan from an investor to a borrower, such as a corporation or government. This loan is given for a set period, where the investor receives regular interest. There are many types of bonds. In this article, we will go over 5 types of bonds so you can [...]
7 Steps to Prepare for Retirement Retirement is a significant life event that requires years of preparation and planning. As you go along you will need to continuously evaluate your plans and adjust. We want to be here to help you with your retirement plan. In this article, we will go over 7 steps [...]
Types of Mutual Funds Instead of buying individual stocks, bonds, or other securities, you can buy shares of a mutual fund. This will allow you to become a partial owner of their variety of financial holdings. Professionals research securities and monitor the funds performance to try and give you the best return possible. Mutual [...]
UTMA and UGMA Accounts UTMA and UGMA accounts allow you to provide a minor with financial savings and a head start. UTMA stands for Uniform Transfer to Minors Act. UGMA stands for Uniform Gift to Minors Act. These accounts can give adults an opportunity to transfer assets to a minor without setting up a [...]
529 Plan Frequently Asked Questions A 529 plan is a type of education savings plan. It comes with certain tax advantages. But often these plans are not used to the full. In this article, we will go over 529 plan frequently asked questions to help you better utilize these plans. 1. Who Can Utilize [...]
401k Plans vs 403b Plans 401k and 403b plans are both types of retirement accounts. They are offered by different types of employers. 401k plans are an offering from for-profit companies whereas 403b plans are an offering from nonprofits or public schools. In this article, we will go over 401k plans vs 403b plans. [...]
5 Pillars of Retirement Planning Retirement planning is made up of several components; these are the 5 pillars of retirement planning. It is important to be familiar with these pillars so you can be prepared for every avenue. In this article, we will go over the 5 pillars of retirement planning. Income Planning It [...]
