Category: Retirement Planning
Why Retirement Reality Is Finally Sinking In for Baby Boomers….HELLO?
May 03Baby Boomers are Finally Getting It Many Baby Boomers (born 1946-1964) are starting to realize they have not saved enough for retirement. According to this article, approximately 45% of Baby Boomers have NO SAVINGS for retirement. Hello? Of the remaining 55%, the median average is $100,000. Looking into the future, these Baby Boomers will be facing increasing costs for health care. Estimates range upwards of 1/3…
CONTINUE READING >Why were notes from SaverNotes created? Part 1
Mar 19Part 1…Low Interest Paid on CD’s I listened to the Greatest Generation talk about how little they were earning on their savings. They were concerned about inflation eating away their buying power. CD’s earn less than 1.00% and investors can’t keep pace with inflation. SaverNotes as of this writing sells notes that pay a fixed rate of return between 3.00% and 6.50% based on the amount invested…
CONTINUE READING >Are You Average or Above Average?
Mar 08The Average Household has this much saved for retirement…… This article appeared in the Motley Fool and the answer is….the average American Household (between the ages of 55 and 64) has just over $100,000 saved for retirement. Depending on your perspective, that might be enough as you plan to live on Social Security and maybe have a pension. For others, this will not support the retired…
CONTINUE READING >Baby Boomer Retirements create Opportunities
Feb 06The attached article describes how the Baby Boomer generation is not like any previous retired generation. This is the generation of spending. They (business and community leaders) see an unprecedented, multibillion-dollar opportunity to offer new products and services to an active demographic group expected to live longer than previous generations. We will continue to see this generation work longer and spend more than previous generations.…
CONTINUE READING >Where do you go to find a wealth manager, financial planner, investment advisor, tax advisor and estate planning attorneys?
Jan 312013 Twin Cities Five Star Wealth ManagersAs seen in the MPLS.ST PAUL MAGAZINE and TWIN CITIES BUSINESS, January 2013. There are more than 6,200 registered financial services professionals in the Twin Cities and less than 5% of the wealth managers receive this annual award, many receiving it multiple years. Here is a great resource for you to research and find someone to help you. “Don’t…
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