One size does not fill in estate planning, and there are many estate planning myths that emanates from this idea. If you've made assumptions about the estate planning process in the past, check out these 10 myths debunked.
What are some tips for finding fulfillment in retirement? Planning ahead, experimentation, being open to new opportunities, putting the past behind you, and having a growth mindset are a good start.
Your retirement years can perhaps be the most meaningful period of your life. Designing an ideal retirement consists of striking the right balance of play/leisure, connections, renewal, and work. Non-financial issues are just as important -- if not more -- than the financial issues. How will you plan for the non-financial issues in retirement?
Is there a difference in value stocks and growth stocks? As you decide what asset class mix your portfolio should consist of, consider whether you have the right mix of value versus growth stocks based on your individualized situation. Taking an approach that “as long as I am in a broad index in the stock market” may not be the optimal approach to helping you reach your financial and retirement goals.
Pent-up demand for travel and adventure is arguably at an all-time high. Going on explorations related to culinary and beverage experiences may be to your liking. Ranging from new local restaurants to The Bourbon Trail or Whiskey Trail or to various international wine tours, the ideas are endless. What adventure awaits you?
While you may not be able to execute a Yurchenko double pike vault (what?), there are several financial lessons you can take from these Olympians. Ranging from intentionally setting short-term and long-term goals to understanding the holistic nature of preparation, these lessons can provide success to your financial life and meaning to your overall life plan.
Using daily life hacks can improve your productivity and decrease stress. Some ideas include waking up early to be more productive, take a break at different periods of the day, minimize multi-tasking, and not working after work.
Asset Allocation is the process of dividing a portfolio’s assets into investment classes based on the investment objectives of the investor. While this concept is fundamental to building a portfolio for the short- and long-term, there are alternative approaches to get there. Are you or your advisors adhering to the optimal approach?
