Q4-2023 Economic & Market Outlook
Listen to Jim and Scott discuss current economic and market conditions.
Listen to Jim and Scott discuss current economic and market conditions.
Explaining compound interest to your kids or grandkids is a great way to introduce them to the concept of saving and investing. Here are some thoughts on how you can explain it in a simple and understandable way.
Is a short-term, lower risk investment right for you? At the end of September 2023, various forms of cash equivalents such as money market funds, Treasury bills, Certificates of Deposit (CDs), and in many 401k accounts, the stable value fund option, currently provide yields in the 5.0% to 5.75% range. Determining which investments to make depends on your personal situation, time horizon, risk tolerance, and goals.
As time advances, the realities of retirement loom larger, underscoring the importance of sound financial planning. Retirement is a culmination of lifelong aspirations and dreams. To truly relish this period, meticulous planning, especially with a seasoned partner like Century Management, becomes indispensable.
Entrepreneurship is a complex and constantly evolving journey. While it's thrilling, it comes with its fair share of obstacles. Particularly when considering a business exit or transition, the guidance of a Certified Exit Planning Advisor® (CEPA®) can be indispensable. In this article, we will explore the extensive benefits of CEPAs, especially when paired with the institutional expertise of Century Management.
I have dedicated my life to helping business owners, executives, and families navigate the complexities of wealth. Over my career, I've seen numerous business owners and HR representatives struggle to manage their company's 401(k) plans effectively. This article aims to shed light on the potential risks that you face when assuming the role of a plan sponsor for your company's 401(k) plans, especially when there is not a dedicated fiduciary advisor in place.