How much money will it take for you to retire in style? Will $1 million do the trick? How about $5 million? Or perhaps you can get by on less. If the question leaves you scratching your head, you’re not alone. Fewer than half of American workers have estimated how much they’ll need to retire, […]
Brought to you by Charles Hahn In conjunction with Lincoln Financial Advisors/Sagemark Consulting, a division of Lincoln Financial Advisors, a registered investment advisor
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Working With A Financial Advisor
Would you trust your medical diagnosis to a casual acquaintance? Do you cut your own hair or dry clean your own clothes? For some services, it makes more sense to pay a professional who has the expertise to deliver the appropriate results. A professional financial adviser can help you build a sound estate plan, designed […]
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Managing An Inheritance
An inheritance in the form of cash, real property, jewelry or stocks can enrich your life in many ways. Oftentimes, gifts from an estate are intended to help move the heir forward financially, or to keep a prized possession within the family. To fully realize the value of an inheritance, consider how the assets affect […]
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Financial Planning Issues for Women
Women face a number of challenges when it comes to money. On average, they earn less than men but live longer. Women are also more likely to leave the work place for a period of time, forfeiting wages and benefits. The result? Many women have to make ends meet with limited financial resources. It’s no […]
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Demystifying IRA distributions
For most of us, the big worry about retirement planning is building a sufficient nest egg. But according to the Employee Benefit Research Institute, millions of Americans have Individual Retirement Accounts (IRAs) and Keoghs totaling $4.15 trillion, a historic high in 20071. It may be that the trickier part of an IRA isn’t putting money […]
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How to structure your business
Proprietorship, partnership, S corporation, limited liability company, C corporation, – Which form is best for your new business? The decision can be difficult. Each business form offers you both advantages and disadvantages. Proprietorships and Partnerships A sole proprietorship is a simple and inexpensive way to begin operating a business. Unless you operate the business under […]
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Navigating the Top Five Retirement Risks
Longer lives and better health translate into longer retirements and new concepts of what retirement should be. Many of today’s retirees view retirement as a time to shift gears but not necessarily to slow down. They keep their skills sharp in new job roles or by starting businesses. They continue learning new skills by going […]
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Maximizing giving while helping to reduce taxes
These days, many Americans are donating to their favorite charities or to their communities. But let’s face it: unless you are Warren Buffett or Bill Gates, your charitable decisions need to take into account plans to leave a legacy for your children—while making sure you have enough money to help meet your own needs. Fortunately, […]
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Top 10 Financial Resolutions for the New Year
The Thanksgiving and Christmas holidays are a time to eat, drink and be merry. Reality typically sets in on New Year’s Day, which leads to the traditional round of resolution-making. This year, in addition to pledging to eat better and exercise more, you may want to consider these 10 resolutions to help put your financial […]