Have you ever thought about the actual day you will retire? How will you make that decision and what factors will you consider when circling your retirement date on the calendar?
Read More
You will note in the table below that over the last year the S&P 500 (U.S. stocks) has outperformed its international counterpart by more than 22%! This disparity in performance becomes even more magnified when considering 10 year and 15 year performance numbers. In fact, U.S stocks have outpaced foreign stocks by about 2.5% annually for the last 15 years! So why is it important to take a global perspective when investing for the long term?
Read More
For many, the largest unknown during retirement and a source of much concern and worry is the potential for “extraordinary” health-related expenses
Read More
Meet the newest member of the Beacon team, Nick Faulkner!
Read More
Families of those with special needs have historically had limited options when accumulating funds for their loved one’s future.
Read More
Asset "location" - which types of investments should be held in which accounts -is different based on your stage in life. An accumulator and a retiree should have a different investment strategy.
Read More
While implementing a security freeze on your credit is a great way to prevent new credit from being extended in your name, you need to understand that there drawbacks.
Read More
The ability to contribute to Roth IRAs can represent one of the most beneficial financial planning decisions that people can make for their future.
Read More
In a recent BARRON’S, it was reported that the American Psychiatric Association recognizes more than 100 different types of phobias. But what’s causing widespread anxiety in the markets now is one that might not make that list of fears. That would be “The Fear of Missing Out.
Read More
A number of studies have shown that investor behavioral biases have an enormous impact on investment returns for the average investor. Given the emotional component of investing, it is important to recognize that, while we cannot avoid these feelings, gaining an understanding of common behavioral biases may help us avoid acting on these emotions.
Read More
This article explores four elements of an investor's risk profile - risk capacity, risk required, risk tolerance and risk perception. Understanding each type of risk is an essential element of building an investment portfolio that can both meet your specific investment needs, while allowing you to sleep easy during times of personal and financial stress.
Read More
This winter was brutal—especially by North Carolina standards. Being snowbound for a couple of days, I found myself being drawn to CNBC (the business news network), where economist, portfolio managers and market pundits discussed the financial markets, the economy and a host of other financial topics.
Read More
This article provides insight into a number of strategies and methods for making charitable gifts.
Read More
Through hard work and sound financial planning, some find themselves in situations in which they are contemplating intra-family financial planning. That is, identifying financial planning techniques that can be used to financially strengthen the next generation—children and grandchildren.
Read More
This video discusses several important reasons why tax planning is such an integral component of the financial planning process.
Read More
Coverdell Education Savings Account can be a great solution for parents who would like to save money for future college costs.
Read More
Do you need disability income insurance? This article addresses important considerations to help you decide.
Read More
How do you track the cost basis on investments held in your taxable portfolio? What portfolio accounting method does your broker, custodian or advisor report to you or your CPA? This is a decision that, for some investors, can save thousands of dollars in taxes and ultimately make a significant difference in a portfolio’s after-tax rate of return.
Read More
There are a number of indexes that attempt to measure the performance of the financial markets and serve as a gauge of economic activity. The following are descriptions of several of the most common indexes.
Read More