The markets took a big dip early this week, reacting to fears of potential trade wars and an economic slowdown. After the Dow lost nearly 800 points, investors are understandably nervous. If you are worried about your retirement accounts, you’re not alone. But during stock market volatility, it’s important to keep a level head to […]
As we approach the year’s end, in the midst of all the holiday hustle and bustle, the last thing you want to think about is taking care of your finances. But since finance-related resolutions take third place for most popular New Year’s resolution, (1) why don’t you give yourself a head start on your 2019 […]
It is with great joy that I announce the birth of my son, Daniel Vahan Toumayants! If you’re thinking you haven’t heard the name “Vahan” before, you’re probably right! We wanted to incorporate my Armenian background into his name, and in Armenian, Vahan means “shield.” Just to make the holiday season even more special, he […]
If you want something done right, do it yourself. A saying we find rings true in many areas of life, and most definitely rings true with long-term financial planning. If you rely on your loved ones or on federal programs like Medicaid and Social Security for your retirement, long-term healthcare can leave you with gaps […]
Happy Thanksgiving from Strong Tower Associates! I want to take a moment to thank you for being a part of our family. I sincerely appreciate the trust you place in this firm, and I take my responsibility to you and your family very seriously. A Time To Be Grateful The world we live in doesn’t […]
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 […]
