On March 27, 2020, Congress passed a historic $2 trillion economic stimulus package. Created to help offset the financial hardships of the COVID-19 pandemic, here's what you should know about this recently passed bill.
While not likely to enhance returns in the long run, DCA is still a risk management technique that may minimize the pain of losses.
Being self-employed doesn't mean your retirement plans need to suffer. There are many self-employed retirement options that can help with your finances later in life.
Contributing to the Roth IRA now can help hedge against rising tax rates. This "tax diversification" in retirement can be crucial to mitigating taxes on your retirement income.
Some clients have been approached by their insurance agent and persuaded to buy a permanent policy on their kids. Your kids are precious and the most important things in your lives. These compelling conversations pull on your heart strings and really entice you to pull the trigger. However, before spending money buying insurance on your children, please consider the following:
Thankfully, West Michigan is an affordable place to retire. You’ve worked hard for years, saved diligently and now you’re ready to relax in retirement. Make sure to dot your i's and cross your t's as you approach this life transition. As financial planners in Grand Rapids, we are here to help if you have any questions.
