In an ideal world, everyone should have a solid plan to keep his or her finances in check. A set budget would be in place so bills could be paid on time with extra on the side for things such as children’s college savings, retirement, and travel. Short-term and long-term goals would be thoroughly planned […]
For many Americans, their number-one retirement fear is that they won’t have enough money to retire, with only 27% of pre-retirees believing they’ll be ready financially for a retirement lasting 10 years. (1) And while your current retirement account balance may be causing you stress, there are other little-known and often ignored threats that could […]
Have you ever thought about what would happen to your family if you died? Would they be able to cover burial and funeral expenses? Would your kids be able to go to college? It might not be a pleasant thought to dwell on, but it’s an issue that is critically important to their future financial […]
While it’s exciting to think ahead to retirement after decades of hard work, the countless financial decisions you need to make may seem daunting. One of the most important financial planning decisions you can make relates to how you use your retirement benefits, such as Medicare, a federal insurance program designed for people age 65 […]
Estate planning is one of those tasks that most of us put off for the future, either because we don’t want to think about our lives ending, believe it’s too costly, or because it doesn’t seem necessary. In fact, only 51% of Americans have done any estate planning, (1) which means half the population is […]
When you think of insurance, the word protection probably comes to mind. If you get into a car accident, your auto insurance will help you cover the costs involved. Having health insurance can protect you from going into debt to pay for the care you need. But insurance costs money, and when you have more […]
One of the many perks of being on top of your finances is the ability to enjoy life a little more. Yes, saving is important, but so is splurging on some family fun or rest and relaxation time as well. It is the goal of my associates and I at Strong Tower Associates to help […]
Believe it or not, we are halfway through 2018! The first half of the year kept us on our toes with a fair share of highs and lows, market volatility, trade uncertainty, and record unemployment numbers. Despite some dramatic market moments, most individual Americans believe things are looking up. So instead of looking at the […]
Regardless of whether you are an avid reader of Market Watch or just tune in to the nightly news every now and then, you know that 2017 was a banner year for stocks. In fact, both the Dow Jones and the S&P 500 celebrated the launch of 2018 by reaching record highs (1) and until […]
An advisor can play one of the most prominent roles in a person’s life, forming a long-lasting relationship and providing trusted counsel. It’s not surprising, then, that it can be incredibly overwhelming to find an advisor you trust and with whom you want to work for the long-term. Remember, Strong Tower Associates is never too […]
