When you hear the term “financial planning,” do you feel anxious? Intimidated? Maybe even terrified? Creating a financial plan just seems so overwhelming. It’s okay, I don’t blame you. Most Americans do not have a financial plan. They think that they will have to meet...
5 Facts about Mutual Funds Monmouth County Investors Must Know
The winter freeze has just begun to thaw, so you’re probably not in the mood for spring cleaning. But when you do decide to bust out the duster, don’t forget to drag it over your mutual fund prospectus. It’s always worth another perusal to make sure you’re still on...
The New Standard for Retirement Advisers – and What it Means for Your Old 401(k)s
Are you paying unnecessarily high fees to your retirement adviser, mutual fund company, or insurance company? For years, investors in Monmouth County, New Jersey and throughout the U.S. have been hip to the high costs and hidden fees associated with most...
Financial Advisor Anxiety: The Final Taboo for Monmouth County Investors
You’ve recently developed a rash on a sensitive part of your body. It’s quite painful and continues to grow more and more grotesque with each passing day. According to a new Wells Fargo & Co study, you’d be more willing to discuss this embarrassing condition with...
Don’t Let Your Retirement Rot: 6 Reasons to Roll Over Your 401ks Today
Have you ever closed your refrigerator door, indifferent to the leftover lasagna and other old food languishing there for days? Your inaction has a consequence: the food will probably rot. When you don’t roll over your 401ks into an Individual Retirement...
Financial Anxiety Alert: Do You Have a Retirement Savings Plan?
Have you ever lost sleep over your finances? Even just a wink? If so, you’re like 77% of Americans, who, according to a recent survey, are fearful about their financial futures. Financial anxiety wasn’t the only thing the survey shed light on, however. It also asked...
Staying the Course Despite Stock Market Dips
Stock market dips can be an inevitable part of the investing experience for Monmouth County, New Jersey residents. But abandoning the market altogether could cause a massive dip in your retirement savings potential. If you’re looking to grow your nest egg – and let’s...
Most Managed Funds Beaten By Low Cost Index Funds
Indexed Funds Often Beat Managed Funds Only about 20% of managed 401(k) funds deliver better returns than those that are simply indexed to broader market performance, according to research conducted by the Vanguard mutual fund investment company. The problem:...
Renting a Home In Retirement: Why I Often Recommend It
Renting a Home in Retirement Why Rent? Often couples in retirement talk about getting the kids out of the house and "downsizing". What they usually mean is selling the family house for a lot of money and buying the retirement house for a lot less money and investing...