Making millions of dollars is not easy. But perhaps what’s even harder to do is maintaining that wealth – which is especially hard if you want to keep it in the family. Similar to diets and lifestyle choices, different people will handle their money differently. One of the biggest challenges for the wealthy is keeping …

How Most Families Lose Wealth Across Generations Read More »

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There is a new study out from money manager United Income regarding the recent wealth of American retirees.  The study finds that while the country’s retirees may be trending both healthier and wealthier, it also found an interesting notion that retirees are not necessarily becoming wiser.  A fairly large amount of retirees compared to their …

Amount of Millionaire Retirees Continues to Increase Read More »

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Most people are notoriously bad at saving for their retirement. In fact, over 45% of people have nothing saved for retirement. Despite the fact that the sooner you start saving the less you will need to save to achieve the same outcome, people still wait well into their 40s and beyond before they start making …

3 Reasons Why You Should Be Maximizing Your IRA Contributions Read More »

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There are two main schools of thought when it comes to retiring and drawing down the money from an investment portfolio. One common practice is called the four percent safe withdrawal rate. The other, a more conservative method, is to never touch your principal. The safe withdrawal rate (SWR) of 4% is a method used …

How to Handle Retirement Withdrawals Read More »

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People Are Living Longer According to estimates published by the Office for National Statistics the average life expectancy for newborn girls is on course to reach just under 97 years and four months within just over two decades. Over the last 30 years human life expectancy has increased by almost a decade. The Office for National Statistics …

Retirement Planning for an Older Population Read More »

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