Financial Planning

Factors To Be Considered In Developing An Investment Strategy

There are many different approaches to investing in the stock market, but most fall under two categories: exclusive and inclusive. Exclusive means conducting thorough research on prospective companies and investing in a portfolio of select, thoroughly vetted securities. One of the advantages of this approach is that if an investor’s research pans out, he could…

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Second Marriages: Financial Finesse

Of all the questions we ask a potential spouse before tying the knot, they seldom include: “Who are the beneficiaries of your investment plans and insurance policies?” “Do you wish to be resuscitated if your heart stops or if you stop breathing?” “Do you want your ex or me to be guardian for your children…

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The Impact Of Income Inequality

A new study of high-earning clients of a bank’s wealth management unit tracked the fortunes of male and female young adults to learn how income inequality would impact their lives. The assumptions had both genders starting out in the job market earning a salary of at least $100,000 and in possession of an inheritance of…

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Reining in Impulse Purchases

Try as we may to be responsible, almost all of us end up spending money frivolously at one point or another. It’s good to recognize this and perhaps set aside money in your budget for discretionary purchases. However, on a day-to-day basis, it’s important to remain vigilant about spending habits and be aware of when…

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Best Places to Live in Retirement

Many retirees believe the best place to live in retirement is right in their own home. Let’s explore some of the “best places” where that home might be located and what it might look like. It’s worth noting that the retirement experience varies widely. Some people have the money to relocate or buy a second…

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Money Saving Tips

Can you afford to retire? Perhaps you’d feel more financially prepared if you worked a few more years. Unfortunately, plenty of people go ahead and retire for the simple reason that they just can’t stand working at their job anymore. If this sounds like your situation, it may be worth considering ways to rectify your…

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Market Insights – One for the History Books

  Government debt sales are set to more than double in 2018, lifting net issuance to $1.3 trillion, the most since 2010, according to JPMorgan Chase & Co. estimates. With the Federal Reserve shrinking its bond holdings and deficits poised to swell even before considering the tax overhaul, all signs point to higher financing costs.…

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How Much Is An Annuity Going To Cost Me?

It’s the question you’ve probably been asking yourself since you learned about annuities: What Is An Annuity Going To Cost Me? You should know that all financial products have fees. It’s like when you buy a home or a car. The price you pay isn’t just for the house or car itself; it also covers…

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Different Types Of Annuities

In my last blog, I mentioned the different types of annuities. The fact is, you have several choices when it comes to annuities, allowing you to pick the one (if any) that is suitable for your retirement income strategy. Let’s break them down a bit further. Fixed annuities: What is it? Fixed annuities provide a…

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What Is An Annuity?

Chances are, you’ve heard a lot about annuities, but let’s cut through the hearsay and get to the facts. At Lake Point Advisory Group, we work with families every day to help build their retirement income strategies and are well-versed in the ins and outs of insurance products, like annuities. Here are the answers to…

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