When it comes to discussing your finances, it can sometimes feel like a complex math problem. There’s a bottom line that you’re trying to make add up, and the way to get there is by exploring facts and figures. And, there’s no way around it, the numbers are important. When we meet with our clients, we discuss retirement vehicles, market performance and safe money versus at-risk money, to name a few. But there’s something else that’s important to discuss: feelings about finances. One term we … [Read more...] about Financial Well-Being and the Importance of Feeling Secure
Ronald Stevenson and Barbara Clark Stevenson
Retirement Planning: The Big Picture
As a future or current 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
Women, Retirement: Understanding Gender Differences
If you are a woman who is planning your retirement, you may have noticed that you face some specific challenges that your male counterparts don’t necessarily experience. Women have to account for things like a longer life expectancy, the gender pay gap, shorter time in the workforce and higher health care expenses. While this isn’t all bad news, it does mean that you have to be much more prepared and have a strategy in place to help overcome these obstacles. According to the Employee … [Read more...] about Women, Retirement: Understanding Gender Differences
Determining the Color of Your Money: Do You Have Assets Properly Allocated?
When planning for their golden years, many people spend an exhaustive amount of time determining how much they will need in retirement and trying to accumulate a large nest egg. What often gets overlooked, however, is the importance of how assets are allocated. Although accumulating as much as you can is imperative for your retirement, it is also important to have your money properly invested in assets that accurately reflect your risk tolerance and time horizon. While there’s no simple … [Read more...] about Determining the Color of Your Money: Do You Have Assets Properly Allocated?