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
Search Results for: social security
Do Women Outlive Men?
For many couples, the idea of living longer than a spouse can be challenging to think about, but it is often the case that one partner will live longer than another, at least for some small amount of time. For women, it may be important for you to know that women outlive men often times. On average, women outlive men by about five years, which means that you may have five years of expenses, or more, once your partner passes. In order to prepare for this possibility now, it’s important to focus on your retirement plan, investments strategies, and possible extended care investments so that you have your finances in order long before you need to think about how you’ll use them. At Dunncreek Advisors, our St. Paul, MN financial advisors want to help you plan for your retirement, and we’ll help you create a retirement investment strategy that considers the trend of women living longer than men.Read Full Article
Investing in Extended Care
When you’re thinking about your life in 10 year, 20 years, and maybe even in 30 years, you probably like to avoid thinking about your healthcare needs. For many of us, we want to focus on the life we’re living now, and we set aside a retirement fund that we can let grow without any substantial help from us. Unfortunately, there are some things you just can’t avoid thinking about, including extended care. When you’ve worked for years and enter retirement, if you plan on living a long life, you may also plan to live a healthy life. But what happens if you can’t? What happens if you need extended care and you haven’t planned for it? At Dunncreek Advisors, we want to help make planning for your life easier by offering you our financial advising services to help you invest in extended care today so that you won’t have to worry about your healthcare tomorrow. Our St. Paul, MN extended care investment advisors are here to help you choose the best planning and investing methods for your budget and lifestyle, ensuring that you have the best possible extended care investment plan possible.Read Full Article
Retirement Planned Investments
At DunnCreek Advisors, we’re invested in helping you have a successful retirement; that’s why we provide retirement advising services in St. Paul, MN. Our retirement financial advisors can help you formulate a retirement investment plan that will not only help you save money for retirement but will help ensure that you know what your retirement expenses will be and how you can save enough money now to afford them later on.Read Full Article
Investment Strategies for Retirement
When planning for retirement, there are several factors to consider when creating a realistic retirement plan. While it used to be easy to predict how your retirement would work, these days, it’s not so simple. Many of us have been used to thinking that we should graduate college in our twenties, begin working, start our families in our thirties with an established career, and retire in our sixties. For some, this may be exactly how retirement happens. For others, retirement, and in fact their entire lives, will be much different than this image of ideal retirement and life planning. Don’t worry, though; no matter how unpredictable your career or personal life may be, by planning for your retirement now, you can be sure that you make the right financial decisions today that will ensure a successful retirement down the road. At DunnCreek Advisors, our St. Paul, MN retirement advisors want to help you create a realistic retirement plan for your future. To begin planning your retirement, ask yourself the following four questions:Read Full Article
4 Tips to a Happy Retirement
As you approach your transition out of the working world you will face your one-and-only retirement. Here are four things to beware about.
As a fiduciary, fee-only financial planner in St. Paul, I have helped dozens of people prepare for retirement. As I have gone through the process with clients, I noticed a four things that keep coming up.
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