Passive Income Investments: How to Make Your Money Work for You
by Ray Sagner on Apr 22, 2021
Looking to potentially increase your income without working extra hours? A passive income investment may bring you closer to your wealth-building goals.
Making Sense of Whole Life Insurance Premiums
by Ray Sagner on Apr 15, 2021
Critics of whole life insurance point to the higher premiums these plans require and the inflexibility of the payment schedule. However, when the structure and features of whole life insurance is fully understood, a fair-minded person would see that it offers affordability and flexibility along with unmatched long-term security.
Preserve Your Assets with Long-term Care Insurance
by Ray Sagner on Apr 8, 2021
With the average life expectancy surpassing age 85, the number of people who will require some sort of assistance performing daily living functions can be expected to increase dramatically. Already one in three people age 65 and older will receive care in a nursing home or through a home caregiver. After age 74, there’s a 50% chance of needing assisted care.
Green Energy as an Investment Strategy
by Ray Sagner on Apr 1, 2021
Green, clean energy has reached new heights in America. There are more hybrids than ever on the streets (Americans bought their four millionth hybrid car in early 2016), wind turbines out above the cornfields, solar panels on roofs, and even that new convenience store down the street is LEED certified.
Game of Life: Financial Planning At Every Age
by Ray Sagner on Mar 26, 2021
If you’ve ever played the Game of Life board game, it becomes clear that compressed into the colorful path there are various stages of life. Each stage holds its own major financial challenges as well as prospective profits in addition to surprises (new baby!) and forks in the road.
How to Finance Your Dream Car
by Ray Sagner on Mar 25, 2021
Car ownership is necessary for many of us to get around, especially for those who live far from public transportation. While you may choose to drive something practical for your everyday commute, errands and travel, you probably have dreams of driving a car that’s fun, sporty and luxurious. Owning an expensive luxury or exotic vehicle may seem out of reach, but there are financial options available to make your dream a reality. Here are some ways you can finance and save for that luxury vehicle.
Set Your Sights on a Car
Selling Your Home After Retirement: The Benefits of Downsizing
by Ray Sagner on Mar 18, 2021
Nearing retirement age and looking to reduce your expenses? Moving to a smaller home may help you save.
The Risk of Reverse Dollar-Cost Averaging for Retirees
by Ray Sagner on Mar 11, 2021
What exactly is dollar-cost averaging? And how can reverse dollar-cost averaging be risky to those who live on a fixed income?
Explaining the Benefits of a 401(k) to Young Adults Entering the Workforce
by Ray Sagner on Mar 4, 2021
If you have a child graduating from high school or college and entering the workforce, they may have the opportunity to open up a 401(k) through their new employer. In some cases, that employer will also offer matching contribution funds up to a certain percentage. While it sounds like a no-brainer to take advantage of these benefits early,many younger employees do not participate in their employer's 401(k) plan.
Common Investor Biases and How They Can Impact Your Finances
by Ray Sagner on Feb 25, 2021
No matter how you invest, you may have biases that are impacting your decisions. Are you affected by one of these common biases?
