You’ve probably seen plenty of images online of smiling, gray-haired couples walking on sandy beaches or pre-retirees meeting with their financial advisors, making plans for how to stretch their income and maximize their Social Security benefits. Or maybe you’ve even seen ads from retirement communities, luring you in with the promise of unlimited opportunities for recreation and a lifestyle they tell you you’ve earned and deserve.
At Shelton Financial we’re honored to count many teachers as clients, helping them work toward peace of mind and financial independence. Unfortunately, we’ve noticed that many of them make the same mistakes in handling their money. We’ve compiled a list here, as well as our thoughts on how to avoid these mistakes, so you can avoid these pitfalls in your investments.
What comes to mind when you imagine something wiping out your retirement savings? A personal tragedy? A natural disaster? Maybe a recession? There’s no doubt that these events could significantly impact your portfolio, but they are largely out of your control. The real dangers to your retirement plan are the little-known and often ignored threats that could cause you to lose what you have diligently worked for. Here are 5 ways you could run into retirement trouble and how to help prevent them from derailing your retirement finances.
Life is full of unexpected twists and turns. While we may start off in one career, our experiences might show us other areas we want to pursue or open doors to new opportunities. That’s exactly how I found my way into a career as a financial advisor.
I like to joke that my entry into the financial industry was all thanks to a self-fulfilling prophecy! When I was in high school, I wrote a report about becoming a financial advisor when I was older, so I guess you could say I always knew the road I would take. In all seriousness, though, I’ve always had an interest in investments and financial planning, and once I realized that I could use that passion to help people pursue their financial goals and experience peace of mind, it was a no-brainer!
As millions of retirees around the globe begin to order on-line and Zoom with their grandchildren, it is important to remain vigilant when it comes to staying safe online. Here are six cyber-security tips that you can start utilizing today.
