Many people wonder if they are at risk to outlive their money. Nobody likes the idea of running out of money in old age. Based on 91 years of market history and some reasonable assumptions, if you have been doing a good job of saving for retirement, you should be fine. Reasonable assumptions for investors …
investment professionals
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
9 Wealth Accumulation Mistakes
Many successful people make the same mistakes with their money. It’s hard to make great choices and be truly ready for retirement. Here are nine mistakes to avoid.
If you are a farm business owner, an urban professional, or a farmer, success in your business does not mean success in wealth accumulation and preparing for retirement. Many mistakes are very common.Read Full Article
Why Are You Not Beating the Market?
Often people wonder why their personal investment account is not growing as fast as the indexes they hear about in the news.
Unless your investment account owns all 500 stocks in the S&P 500 in the same proportions as the index, your account CANNOT match the index. And, if your goals call for less volatility than the overall stock market, you will likely own some fixed income investments and a variety of different kinds of stocks in a diversified portfolio. Read Full Article
