The Federal Reserve recently announced that their intention is to keep interest rates near zero through the end of 2023. This is extremely significant. Generally, the Federal Reserve does not give guidance that far in advance. In fact, what the Federal Reserve is saying about the economic recovery is that the summer months brought on
Required Minimum Distributions, or RMDs, are required by the IRS but there are important things to know when deciding when and how to take them. Watch as Jim explains this critical but often confusing financial requirement.
Everything you save and invest can generally fall into two buckets: Safe Money & Risk Money. Are you putting your money in the right bucket? Watch as Jim explains some of the biggest investment mistakes he sees for those in or near retirement and how you can avoid them.
Listen to Jim’s latest interview with Phil Williams where they discuss some of the unprecedented moves made recently by the Federal Reserve regarding interest rates, refinancing your home, mortgage rates, and more. Click the play button below to listen!
Retirement can be a difficult transition both emotionally and financially. You are changing from being an earner to a spender. After years of diligently putting money aside and carefully investing to accumulate your retirement savings, you’ll now be spending or “decumulating” those assets to fund your retirement lifestyle. That can be a difficult adjustment when
The pandemic has presented real consequences for people near retirement. A report from the Alliance for Lifetime Income found that: 20% of people age 56-75 are delaying retirement because of the pandemic. That is approximately 3.2 million Americans. About 70% of the people in that age group said they are more pessimistic about their retirement
Are you making sure one of your investments zigs while the other zags? Portfolio diversification is an often misunderstood term in the financial planning industry. Watch as Jim explains what it means to have a truly diverse portfolio to ensure you’re living the best years of your life your way.
Time horizon is a fundamental tenant of wealth management and wealth creation. The decisions you make on how to save and invest should be driven by a single question: When are you going to need the money? Click below to hear Jim’s thoughts on this important part of planning for your retirement.
In Jim Brogan’s latest interview on The Bob Yarbrough Show on NewsTalk 98.7, Jim discusses the impact of a presidential election on the stock market, what investors should be aware of, and more! Click to listen!
Beneficiary designations create both opportunities and some challenges. Beneficiary designations for retirement accounts sometimes get overlooked when you are estate planning. Click below to hear Jim’s thoughts on this critical element of your retirement account.
Do you need an estate plan? Estate plans are a critical element in taking care of the people you love when you’re gone. Click below to hear Jim’s thoughts on estate planning, wills, late in life planning, and more.
How have you named beneficiaries on your retirement accounts like 401(k), 403(b), IRA, etc? Beneficiary designations on retirement accounts supersede anything that is listed in a Last Will and Testament, if you have a living beneficiary. Beneficiary designations create some opportunities and some challenges. The opportunity is when you name a beneficiary, you bypass probate
