5 Ways to Create an Intangible Legacy for Heirs


Anyone approaching the subject of legacy planning usually focuses on their physical assets, such as real estate and heirlooms, and their financial accounts. But what about your intangible legacy? What might you do to pass on a legacy that consists of more than just structures and portfolios? Here are a few things to consider. 1. Pass on Family History. Leave your descendants a family history they can understand and appreciate. This could be done in a variety of ways, including doing DNA or family history analyses, collecting family memorabilia, or sending heirs on trips to learn more about your shared heritage.

18 March 2022

Want To Retire Early? 4 Ways To Achieve Semi-Retirement Instead


Early retirement is a dream come true for most Americans. But many people cannot afford to — or aren't sure they want to — just stop working before ordinary retirement age. If you're in this difficult position, it doesn't need to be an either/or situation. You may be able to turn your early retirement dreams into semi-retirement realities. Here are four strategies that you might use. 1. Drop to Part-Time

16 December 2021

5 Ways Life Insurance Can Help Estate Planning


Many people view life insurance as a single item of its own and not part of their overall estate plan. However, your life insurance policy can assist estate planning in several ways. To help you fix any deficits in your estate plan, here are a few ways life insurance can help. 1. To Fill an Immediate Gap. Distributing an estate takes time. Whether it has to go through probate — which can take months — or it's just a matter of actually completing the transfer steps, your family members could be left without funds during the immediate period after your death.

11 October 2021

3 Reasons Why You May Need a Financial Consultant's Help


Financial instability is one of the biggest causes of unstable businesses, broken marriages, increased bankruptcy, and worrying stress levels today. This happens because many people have big financial goals they want to achieve, even though some of them sometimes seem hard to achieve. In fact, most people end up with huge losses due to mismanaged finances and poor investment decisions.  Luckily, you can avoid this problem by seeking help from a reputable financial consultant.

12 August 2021

Working With A Password Manager Software


The worldwide cybersecurity industry has a value of more than $167 billion. So much money is spent on expensive software platforms, mitigating the damage that comes with cyber attacks, data recovery, and so much more. One of the simplest ways that you can protect your information and avoid expensive cybersecurity issues is by taking better care of your passwords. Working with a password manager software will help you organize and compile every password that you use on a regular basis.

24 May 2021

Using Professional Wealth Management Planning Services For Retirement


Retirement can approach faster than you realize after you start working. In a matter of a few short years, you may find yourself at mid-career with no meaningful savings to your credit.  Instead of retiring with no money saved and nothing on which to live, you can start saving money now. You can decide how much to save and if or when to invest in the stock market by using professional wealth management planning services.

31 March 2021

How to Turn Debt Into a Positive for Your Financial Plans


When people think about how debt fits into financial planning goals, it's common to see such liabilities as generally bad things. From the perspective of a financial advisor, though, the goal should be to get to the point where debts are net positives for their clients. Here are four ways you can turn debt from a bad thing into a winner. Lower the Cost Basis More than anything, your long-term goal is to get the cost basis of your debt to a number that works well for you.

4 February 2021

4 Tips To Help You With Retirement Planning


Are you hoping to have enough money in the bank when you retire so you can enjoy life to the fullest? If so, you need to start as soon as you can with planning for this event. If you are like many people, you might not know where to begin. If so, here are four tips to help you with your retirement planning. Make Saving Money a Habit One of the best things you can do is make saving money a habit.

4 November 2020

When Should You Work With An Independent Broker-Dealer?


Brokers act as a middleman between multiple companies and a client, while dealers act as salespeople for the company they are affiliated with. If you are working with a broker-dealer, you get the best of both sides of the equation where financial planning is concerned. Many private individuals work with broker-dealers, and many business owners trust these professionals as well. Take a look at a few of the situations when it is a good idea to work with an independent broker-dealer instead of one or the other for your financial planning needs.

14 December 2019

What Your Wealth Management Advisor Wishes You Knew


Working with a wealth management advisor services firm is a good choice, but there are things even the best advisors can't do for you. Taking advice about wealth management and converting into everyday actions is important. Here are four things your wealth management advisor wishes you knew. You Could Still Be Living Paycheck to Paycheck Having a large amount of money is not the same as truly accumulating wealth. Folks in the wealth management services industry frequently see commercial property owners who couldn't survive multiple tenants failing to pay rent, for example.

29 May 2019