Why a $250,000 Promissory Note May Be Worth $125,000 or Less
Having been in the note and cash-flow business for 35 + years, I have looked at a lot of notes. Sorry to say, a high percentage of them are flawed. And, even more unfortunate, the reasons for the flaws can be categorized as ignorance, laziness, or cheapness.Successful Retirement Starts With A Retirement Planning Checklist
Now more than ever you need a retirement planning checklist. On 1 January 2011 the first baby boomer turned 65 and the baby boomer flood has started. Described as a “a pig in the snake” this demographic bubble will have a major impact on the world. Everyone will be affected.Retirement Pension Plans: Know the Different Types and Pick the Best!
According to the 2nd edition of the Encyclopedia of Business, “the term pension plan is now used to describe a variety of retirement programs that companies establish as a benefit for their employees-including 401(k), profit-sharing, simplified employee pension (SEP) and Keogh plans. In the past, however, pension plans were differentiated from other types of retirement plans in that employers were committed to providing a certain monetary level of benefits to employees upon retirement.”Two Rules for Choosing a Financial Advisor
Choosing a financial advisor is an important decision. Finding a trusted firm to assist you with your financial future, retirement questions, and investment options is not something to be taken lightly. With so many financial advisors who represent insurance and brokerage firms out there, it may be difficult to find a financial advisor who will offer you the best advice without pushing products just to make their commission or bonus.Index Annuity – A Good Investment in This Market
The index annuity is one of the most versatile and timely investment options available today. First, lets define an index annuity. The index annuity, also known as a fixed index annuity, or equity index annuity is a fixed annuity contract between a life insurance company and the policy owner which provides savings for retirement while providing the benefit of tax deferred growth. Also, the growth of the annuity is linked to an external equity or bond reference such as the Standard and Poors 500 Composite Index. However, the annuity is an insurance contract and the policyowner is not buying shares of any stock, fund or index.Investment Planning for a Well Deserved Retirement
There is an old adage that says “quit while you are ahead.” If you invest as early as possible, it is possible to retire earlier and reap the benefits of your hard work. Retiring these days have become more beneficial, thanks to a multitude of financial plans that prepare us for times like retirement.What Is a SMSF Deed?
Like any other retirement fund, a SMSF (self-managed super fund) is a way of saving for your retirement when you stop working. In contrast to traditional pension or retirement schemes, a SMSF is a “DIY” superannuation fund.Promissory Note Investing – Three Mistakes to Avoid
Mistake 1: Believing that a high interest rate indicates a good investment. Mistake 2: Believing that there are no costs or expenses associated with promissory note investing. Mistake 3: Believing that you can sit back and watch the payments rolling.How to Plan an Early Retirement
An early retirement is a dream that a lot of Americans have. Making that dream a reality will require a lot of careful planning and preparation. Planning will help you see what you will need to do to be able to retire early.Is a Roth Recharacterization Right For You?
In 2010, many people took advantage of law changes enabling them to convert their traditional retirement accounts to a Roth IRA. After the rough year we’ve experienced in the equities markets, some people may be wishing they had waited. After all, does it seem fair that you may have paid taxes on $100,000 of income when the assets are currently valued at $80,000? Believe it or not, the IRS is willing to give you a break.