As we begin this journey – and yes, it is a journey – we ask the question: Is it possible to develop an investment plan to achieve financial independence? The immediate answer is yes, it is possible. In this article, we shall explore the necessary steps to make it a reality. What is Financial Independence? How do you define financial independence? Is it having all the money you need or want? Or is it something else? Does money have anything to do with it? How about doing anything you … [Read more...] about How to Create a Personal Investment Plan for Financial Independence
finance
Financial Considerations in Divorce
So, you’ve just been served with divorce papers. What now? Following the initial shock of being served, panic and a feeling of being overwhelmed often seems to hit next. If minor children are involved, the biggest fear often revolves around custody and parenting plans. At the same time, financial concerns such as who is going to live in the house and pay the bills become a reality, because in most cases, one party to the divorce moves out and the other stays, at least temporarily. If both … [Read more...] about Financial Considerations in Divorce
Creating a Balanced Portfolio: Are Your Assets Properly Allocated?
In today’s uncertain financial landscape, we believe it is more important than ever to establish a well-maintained portfolio that can help you reach your financial goals. Your portfolio needs to not only meet your need for capital, but also provide you with financial peace of mind. While there’s no simple formula to help you figure out how your portfolio should be constructed, determining the right asset allocation should be the first step in the process. In order to properly ascertain your … [Read more...] about Creating a Balanced Portfolio: Are Your Assets Properly Allocated?
Retirement Planning: The Big Picture
As a future retiree or retiree, it is important for you to take into consideration the big picture of your retirement planning. Once you have the full picture, it helps you make more detailed and necessary decisions to achieve the retirement for which you have worked your whole life. One of the first steps to take when planning your retirement is to find a financial professional who puts your needs and interests first. At American Financial Security, we take your whole financial and tax … [Read more...] about Retirement Planning: The Big Picture