While it is a good conversation to have at any point in your career, from a mid-career perspective, typically defined as being in your 30s to 50s, the decision between paying down credit card debt and outstanding loans versus funding your 401(k) or other retirement plans becomes even more critical as you're likely to have more financial responsibilities and goals.
In the ever-evolving world of investments, the ability to balance risk and reward through strategic asset allocation is crucial. For more than 30 years, I have seen firsthand how market fluctuations and global economic events can impact investment portfolios. Whether you are a novice or seasoned investor, it is important to understand how to effectively structure your investments to optimize returns while managing risk, especially in a shifting market.
As you’ve moved forward in your career, it’s not uncommon to have accumulated multiple 401(k) accounts from various employers. In this article, I want to share a few key considerations and steps you can take to potentially optimize your retirement savings.
As we step into 2024, reflecting on the past year’s financial decisions is crucial, especially in understanding how to optimize our strategies going forward. I'd like to guide you through maximizing post-year-end contributions that can still influence your 2023 tax liabilities and set the stage for a financially successful new year.
In the realm of economics, few scenarios present as perplexing a challenge as stagflation. Characterized by the unusual combination of stagnant economic growth and high inflation, stagflation poses a unique quandary for investors.
Before ringing in the new year, take advantage of the opportunities still possible in 2023! Discover ways to make meaningful financial strides, regardless of whether you're embarking on your financial journey, in the peak earning stages, or enjoying retirement.