It’s usually a pipedream people entertain to explain why they aren’t working on their financial plan today: “As soon as I win the lottery…” “When I get my inheritance…” “If only I had a million dollars…” Such wishful thinking is not a replacement for a solid retirement savings plan. However, every so often someone does …
Legacy Planning
Retirement Planned Investment
Everyone hopes that at some point in their career, they’ll have enough financial stability to retire. Unfortunately, individuals are having to work longer than ever before because daily life is so expensive. There always seems to be expenses that hold you back from focusing efficiently on your retirement. Whether it be diapers, medical expenses, college loans, or your mortgage, the truth that people do not want to hear is that these types of expenses will always be around. So, how are you going to be able to retire with these expensive items always holding you back? Well, sometimes assistance is all that you need. At DunnCreek Advisors, we have a passion for helping individuals in St. Paul, MN with their retirement planned investments.Read Full Article
Extended Care Investment
No one wants to think about needing extended healthcare after retirement, but it’s an important factor in planning for retirement. Without setting aside funds for extended healthcare now, you may find that, when you’re in need of extended care in the future, you won’t have the funds or insurance to afford your healthcare needs on your own. Rather than leaving your healthcare to chance, come to DunnCreek Advisors to begin planning your investments in extended healthcare. Our St. Paul, MN extended care investment advisors can help you ensure that when you reach retirement, no matter what happens, you’re prepared for any healthcare needs you may have now or in the future.Read Full Article
Dow 20,000 – It's Just a Number
The Dow reached the 20,000 mark recently. What does it mean? What should you do?
It’s been hard to miss the news that the Dow Jones Industrial Average of 30 U.S. companies recently hit the 20,000 mark. It’s been almost 8 years since the market pullback of the great recession stopped on March 9, 2009 when the Dow closed at 6,547.05. Although we didn’t know it at the time that was the end of a 17-month slide of 54 percent from the prior peak of 14,164.53 in October of 2007.
[caption id="attachment_394" align="alignright" width="300"] Copyright Drew Angerer, Getty Images[/caption]
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When Should I Start Saving For Retirement?
At Dunncreek Advisors, we feel as though we get this question a lot. If you are wondering when the best, or right, time to start saving for retirement, the answer is yesterday. We say this not to worry you, but to stress the importance of a solid retirement plan. All over the internet, there are a million calculators telling you how much exactly you should put away. Where do they get their numbers? How does it all work? How can we know when the right time to save is exactly? Don’t worry, Dunncreek Advisors is here to help.Read Full Article
Investing for Retirement
While many people in St. Paul, MN, don’t necessarily enjoy getting old, the thought of retirement is sure to put a smile on the face of a lot of individuals. Some people in this country may choose to never retire, but for many of us, it is definitely a goal. Retiring from your place of work is not difficult, however ensuring that you and your family are financially stable at retirement is where the stress occurs. The big question around retirement is where will the money you live off of come from? Chances are that you won’t be winning the lottery soon, so taking the steps now to ensure a stress free retirement is your best bet. At Dunncreek Advisors, we feel that one great way to prepare for retirement is through investing.Read Full Article