The Federal Reserve recently cut interest rates for the first time in over a decade and it comes as no surprise that the news has been in the headlines. Should we be concerned about this decision and what it means for the economy? This is also a reminder that we should always be planning to outpace inflation and we’ll talk about that as well.
How do you make sure to protect your hard-earned money? Get help from a financial professional you trust. But how can you be sure they are trustworthy?
Along the path retirement, we all make investments based on a variety of opinions and information we receive, but how often do we go back and reassess? Not doing so can cost you. Today we use a quote from Shaq and an analogy from Washington D.C. to explain the importance of understanding your investments.
Back in 2000, Major League Baseball player Bobby Bonilla made a deal with the New York Mets to pay him $1.19 million every year from 2011 through 2035 rather than a $5.9 million lump sum to end his contract. The day he gets his annual payment is celebrated every year, but did he make the correct choice for maximizing his money?
Hopefully we all get to a point where we control our retirement date, but that doesn’t always mean that you have to stop working altogether. What are some of the factors you need to consider for retirement? Plus, the Retire with Integrity Tip discusses possible changes to Stretch IRAs and how that could impact Life Insurance.
