Follow a road map to your successful retirement planning
Every person has different circumstances, needs, and goals that factor in when determining a roadmap to their pre-retirement planning. Although these circumstances vary between individuals, there are some distinct financial life stages in pre-retirement planning. They are asset accumulation, asset preservation, and asset distribution. Each stage changes the way that investors manage risk, diversify their assets, and the amount they are able to invest. Navigating between these different stages and meeting your financial goals requires sound planning, monitoring your investments, and constant updating of your goals and objectives. The earlier you start planning for retirement the longer you have to reach your goals. The first stage in retirement planning is asset accumulation. This is the foundation of successful pre-retirement planning and it is never too early or too late to start this stage. During this stage an individual will determine what they can afford to set aside for
» Full StoryOrganize, review your estate plan
Over the years you may have made a will, named your beneficiaries on qualified accounts, and set up the registration on your other accounts to match your goals, but have you sat down and compiled all this information into one master estate plan?
Seven Springs Mountain Resort names Eric Mauck CEO of growing four-season resort
SEVEN SPRING, PA. — Seven Springs Mountain Resort announced today Eric Mauck has been appointed as the new chief executive officer of the four-season mountain resort.
Mauck, who formerly served as the resort’s chief operating officer, w
Your Money’s Worth, By Steven J. Bailey, CFP, CLU, ChFC
If you have been watching the news or reading the papers lately you will have heard that the economy is slowing down and that the financial markets are well below their hi ghs.
How long will the decrease in the market last?
Naming your beneficiaries
Naming your beneficiaries
When it comes to naming a beneficiary for your IRA’s, life insurance, company retirement plan, annuities, or other assets that you may have, it may seem like a no-brainer. By naming beneficiaries o
Examining an inherited IRA
When the account owner of a traditional individual retirement account (IRA) or employer sponsored retirement account dies, the remaining funds in the account pass to the named beneficiary.
Unlike other inherited assets, IRA’s and employ
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