The Ramsey Show (January 14, 2022)




Steps Needed to Plan Your Retirement

If you are like many Americans, planning your retirement should begin with your first job and taking advantage of one of most important financial planning steps a person can make: invest in your retirement account. Most employers will offer a certain percentage and the key to have a comfortable retirement is to start investing in your retirement early.

Years To Retirement

The UK government state pension age has been increased to 68 years. I don’t know about you, but I don’t want to be working until I am 68.

Financial Planning Helps You Make Your Money Count For The People You Love

Successful financial planning offers many rewards. When CFP® professionals were surveyed about the most benefits of financial planning in their own lives, the top answer was “peace of mind.” Investing the time to build a financial plan is the best way to insure you will make your money count for the people you love.

Medicare or Mediscare

How do you budget for health care expenses in retirement? Medicare alone will not cover your health care expenses. Your overall cost can easily exceed $8,000 a year. Health care costs are rising over 9% a year and during a 20-30 year stay in retirement your costs could easily quadruple by time you get into your eighties. You need to plan to avoid this gobbling monster from devouring your budget.

Preserving the Family Business

Succession planning and estate planning are essential for anyone who owns a family business. According to the Family Business Institute, 97% of family businesses do not survive past the third generation after creation.

Promissory Note Investing Tips – Avoid Taking The Hit – The Lender’s Title Insurance Policy

What is a Lender’s Title Insurance Policy? What Protection Does it Provide? What Other Important Information Does It Provide?

Artificial Intelligent Auditors About to Cost 100s of Thousands of Jobs in Financial Industry

Not long ago, I was talking to a financial planner and his firm had a new program which helped all of the representatives work out allocations of risk in their customers portfolio. If they wanted to buy a fund, or diversify their clients into anything that was more risk adverse than the client had originally stated in their profile, then the computer system would not allow them to buy that fund, ETF, or investment vehicle for them. At first, I thought this was a really good idea because it keeps the investing consumer from being taken by those…

Planning Your Retirement?

When it comes to your retirement, financial planning and investing strategy, there are many things you need to consider when investing your money. Your reasons for investing play a large part in what vehicle you decide to invest in too. There is however one thing that holds true regardless of your reason and choice of vehicle. Without action there will be no nest egg to speak of later on.

Annuities and Pension Drawdown Explained

Once the purchase of your individual type of pension reaches maturity whenever you retire, you will have to transfer its gathered value right into a pension drawdown or pension annuity. If you require annuities or pension drawdown to be explained, it can be complex. Pension income really is accomplished through purchasing a pension allowance or pension drawdown plan – apparently easy transaction that trades the ultimate worth of the pension fund into regular earnings.

Important Before Starting Investing in the Financial Sector

Each person would not want to lose in investing and of course everyone else will want a profit, but many people do not know how in order to profit by minimizing losses, therefore you need to consider the following tips. Savings in the Bank or deposit at this time is not advantageous because interest rates are “single digits” cannot keep inflation well above average. In other words, our money is increasingly shrinking in value and its value is smaller.

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