Most people looking forward to retirement anticipate years of relaxation and fulfillment after decades of hard work. But the reality of retirement is often far different. For many people, retirement may bring financial stress, uncertainty, and the fear of outliving their savings. It's crucial to understand the current state of retirement preparedness to secure your [...]
Both “YOLO” (you only live once) and “FOMO” (fear of missing out) mentalities tend to be prevalent among Gen Z and Millennials. These generations came of age during the Internet era, and many find themselves comparing their own blooper reels to others’ highlights. While YOLO and FOMO could spur you to live life to the [...]
As we reach the halfway point of 2024, a sense of persistence defines the economic and market landscape. Trends from late 2023 have continued, with surprisingly resilient economic growth mixed with stubborn but decelerating inflation. Equity markets have thrived and regained all the lost ground from 2022. On the other hand, the bond market still [...]
If you're a high earner, you may be interested in partnering with someone with similar education, income, and goals. Becoming a financial "power couple" can help you both achieve your goals sooner. Because money disputes are one of the leading causes of divorce, finding someone with whom you're financially compatible can smooth the path of [...]
You need a healthy social network to make your small business truly successful. Not only can other small business owners help refer clients and customers your way, provide collaboration, and introduce you to useful contacts, but they can also provide an invaluable sounding board on challenges you may face. Below, we discuss eight winning strategies [...]
The terms "rich" and "wealthy" are often used interchangeably. But are they really the same? As the saying goes, "Money talks, but wealth whispers." Here are some of the differences between being rich and being wealthy in terms of money, resources, and public perception. Rich—Flashy, But Lacking Substance Many people aspire to be rich—to go [...]
Annuities are a well-kept secret in the small business financing world. Businesses can use these products in various ways, both to meet their own financial goals and to provide retirement benefits to owners and employees. Below, we discuss a few ways annuities can benefit small businesses. What is an Annuity? An annuity is a financial [...]
For generations, homeownership has been billed as the hallmark of the American Dream. However, for high earners, it can also be a way to reduce taxes, receive more favorable capital gains treatment, and invest in their family's future. Below, we discuss a few benefits of homeownership that can have an outsized impact on households with [...]
Many public school workers in different positions devote their lives to furthering the education of young people. The ability to enjoy a secure retirement is an objective that many teachers and their colleagues pursue years before they leave their jobs. Eventually, each must consider life beyond their career and the benefits they may receive through [...]
Small business owners face many challenges, which may become even more significant during inflation. As inflation hit new highs in recent years, small business owners are being tested and challenged by high costs and high interest rates that have caused some to close their doors. So, how do small business owners weather the storm of [...]
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