Stephen Stricklin

Taxes & Inflation: Economic Erosion

The Corroding Agents Eroding Purchasing Power in Retirement Consumer savers and investors seem to have learned a vital lesson about financial-product expenses and advisory service fees. After all, online product advertisements tout lower costs and less expensive advisor fees in an effort to attract new investors. The ads have become a war zone, a fight over your finances. So it’s not surprising cost-conscience investors and savers have learned to shop for more cost-efficient investments and financial help. It’s simply a matter of more money in your pocket. Learning how to mitigate taxes and inflation could dramatically increase your net...

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Market Upheaval Exposes Internal Turmoil

It’s Time to Have a Talk with the Person in the Mirror Market volatility can create internal conflict with even the most experienced investor. On one hand, there’s the disciplined rationale to stay the course through troubled times, while on the other hand, the feelings of loss generate emotional fear and temptation to withdraw from the market all together. Financial advisors are quick to point out the historical recovery and returns of the market over the long haul, but sometimes they lack the bedside manner that comes with a pastoral visit in times of personal loss. Investor behavior during...

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Surviving Market Volatility

Diversification, Regular Reviews for the Long Haul The financial market is not for the faint of heart, and its downturns should come as no surprise. The market has often been characterized by wide-price swings, which can be a reflection of economic and political events. The fluctuations can feel like a roller coaster ride, and in the downturn, the gravity seems to accelerate your speed of decent. It may feel like you’re free falling. As a shell-shocked investor, you sometimes want to bail from the market all together. You thought you were prepared for the psychological anxiety by constantly repeating...

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The Real Price Tag of Retirement

Many Age 50+ Don’t Have a Plan for Retirement A defined benefit plan, a gold watch at age 65 and being employed by one company your entire working life has gone away. For too many, Social Security is the only retirement plan they have and they’re not optimizing its benefits for maximum income. Social Security isn’t a set-it-and-forget-it auto-retirement plan, and retirement planning isn’t a do-it-yourself activity either. If you want your retirement years to be your golden years, you have to have a plan the money to fund it. Content: A financial advisor who has retirement expertise can...

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Most Americans Don’t have a Pension Plan Anymore

Many Age 50+ Don’t Have a Plan for Retirement A defined benefit plan, a gold watch at age 65 and being employed by one company your entire working life has gone away. For too many, Social Security is the only retirement plan they have and they’re not optimizing its benefits for maximum income. Social Security isn’t a set-it-and-forget-it auto-retirement plan, and retirement planning isn’t a do-it-yourself activity either. If you want your retirement years to be your golden years, you have to have a plan the money to fund it. A financial advisor who has retirement expertise can help...

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