Why Not Target a 4% Income Rate For Retirees’ Portfolios?

At Beacon Financial Strategies, we agree that investments that generate income should be a valuable component of most retiree’s portfolios. However, we also believe that maintaining a diversified investment approach will enhance returns and reduce risk for most long term investors. This really proves beneficial during the distribution phase of your life as it provides for income, growth, potential tax efficiency, and flexibility as life changes.

It’s Time to Check Your Money Market Rates!

Interest rates have risen significantly over the course of the last year. So, you would expect that interest rates on savings and money market accounts would have followed suit. However, it seems that many banks have yet to adjust the interest rates they pay to customers on deposit accounts like savings and money market.

Dividends are Only One Factor When Investing in Stocks

Should your portfolio be invested in dividend paying stocks during retirement? This answer always varies, but for most the answer is NO! Let us explain…

What is the biggest difference between mutual funds and exchange traded funds?

While both mutual funds and exchange traded funds (ETFs) can be effective tools when creating a diversified portfolio, it is important to understand attributes of each of these investment options.