There are several certainties in life—death, taxes, and, yes, market volatility. Fluctuations in your 401(k) or retirement savings account can stir up feelings of stress, panic, and anxiety, particularly when your hard-earned retirement dollars are at stake. But overreaction to these fluctuations is one of the biggest risks that retirement investors face. So in turbulent financial times,
Did you know your brain may be to blame for preventing you from reaching your financial goals? It’s true. Several recent studies conducted by Prudential suggest that we should train our brains to think differently about money because our brains are tricking us every day. Here’s how:
These past couple of years have been some of the hardest of my life. I lost my two grandfathers who were some of the greatest influences in my life; I experienced the sad and tragic loss of my little brother; I’ve been impacted by the loss of three beloved clients; and I lost a close business-mentor of mine. Because my world will never be the same without them, I have spent a great deal of time
Like most people, you probably have a vivid, exciting picture of what your ideal retirement will look like. Maybe it’s spending time with family at a beach house, crossing off the book titles that have accumulated on your to-read list, or finally being able to volunteer enough of your time to make a difference for your favorite charity. But there’s no doubt that the journey to retirement is long
I remember an adult once telling me when I was young that I needed to try different things in order to figure out what I wanted to be when I grew up. I remember thinking, “How could I possibly just fall into something I love by chance? Into something I’m meant to become? Is it perhaps a bit more predestined than that?”
Unfortunately, many of us who become victim to any sort of information security breach won’t know until someone else tells us. For example, we might get a message or call from a friend asking why we sent that “spammy” email with a link to a free Amazon gift card. Have we been hacked? Spoofed? And how do we prevent it from happening again?
With all of the responsibilities, obstacles, and goals life hands us, it gets tough keeping everything together. You could easily find yourself stressed out when you have too much on your plate and wondering how to handle it all. Being out of balance does more than cause stress, it diminishes productivity and success. By adapting the habits of well-balanced people, you open new doors which
Many Americans go to work every day feeling confident that they are adequately insured. In many instances, that is not the case. It is not uncommon for employers to offer life and disability insurance as components of an employee benefit package, but the coverage may not be enough to meet your needs.
You wouldn’t believe the number of times I’ve heard families say, “Mom doesn’t need as much life insurance as Dad because she is a stay-at-home mom” or because “she’s not the primary breadwinner.” In my over 15 years of experience as a financial advisor, I’ve seen too many instances where families are financially devastated by this misunderstood notion. The fact is that many times you can
The cute little 7-year-old girl was all smiles when she attempted to lean the chair back on it’s legs and balance without support. As I sprinted across the room to catch her as she fell I heard her mother calmly say (as if in slow motion), “Is that a good choice?” I saw the girl’s smile fade as she realized the risk she was taking and returned the chair to the upright position without falling.