Enhance Today | Enrich Tomorrow
As financial planners, we are often asked about how to fund retirement income needs. Traditionally income in retirement has been thought of as a three-legged stool-Social Security, pension, and withdrawals from savings. Today’s retirees still count on Social Security, some…
Are you trying to save for a child going to college? If so, keep in mind the cost of college continues to increase faster than inflation with the largest increases at public universities: Percentage cumulative change over the last 10…
The value of investment advice can make a real difference over the life of your portfolio. In our previous post we noted that the research on Gamma identifies 5 financial planning strategies that add to retirement income. The first of…
A recent study from Morningstar suggests that implementing solid financial planning strategies can increase a retiree’s investment income by 29%, which they equate to an additional 1.82% in investment returns every year. If we consider a $1 million nest egg…
What is a stock? It is an ownership of a company which represents a claim on future earnings. Many have been told to buy stocks because they are the best long-term investment, but few know where these returns actually come…
Traditionally the costs associated with investing have been fairly difficult to ascertain. Mutual funds charge expense ratios to pay managers and support staff while custodians and plan administrators also need to be compensated. These costs are deducted from the funds…
With the election coming up next month, we thought it might be a good time to discuss our thoughts on the looming fiscal cliff. What’s the Fiscal Cliff? The term “fiscal cliff” was first used by Ben Benanke to describe…
Have you been seeing the commercial below a lot lately? What is Medicare Open Enrollment? It is open enrollment season for Medicare prescription drug (Part D) and Medicare Advantage Plans (Part C). The enrollment period runs from October 15th through…
On October 10th, as a part of the SAS Work/Life program, FSI Partner Chad Smith spoke to employees at the SAS Campus in Cary. The topic dealt with common Retirement Myths that are circulated by popular sources which tend to…
One of our favorite events every year is the O’berry Center Foundation Golf Tournament. Serving 67 North Carolina counties, the O’Berry Center Foundation strives to improve the quality of life for persons with developmental disabilities. The foundation was founded in 1990,…
