This Time Really Isn’t Different: What to do When the Stock Market Crashes
The stock market has a history of crashing and it causes investors stress. Scott Peterson writes about his experience being a financial advisor through four different stock market crashes and what he has learned from them.
How the CARES Act Impacts Retirees
The recent implementation of the CARES Act is important to understand especially with all the information being shared these days. Scott Peterson briefs you on three important notes to make for the CARES Act including making sure to be careful of scams from people calling or emailing you for information.
Strategic Opportunities in a Market Decline
When a market downturn happens, you may think there is no hope. However, there are plenty of ways to take advantage of the future during these times. Scott Peterson brings up six ways to take advantage including refinancing your mortgage, rebalancing your portfolio, and investing excess cash.
Turning Retirement Savings Into Income: 4 Income Plans Evaluated
Saving for retirement can be a long process but it is important to keep the end in mind. Once you enter retirement, it is possible to turn your savings into income. Scott Peterson introduces four retirement income strategies to help you receive income.
Don’t Make Retirement Investing Decisions Based on a Headline
Marketing strategies are designed to grab your attention and impact your decisions. These strategies can urge you to buy that new car or phone, but they can also scare you into incorrectly planning out your retirement decisions. Scott Peterson explains why you shouldn’t make retirement decisions based on the different marketing tactics and headlines surrounding you.
Creating Retirement Income From Your Investments
Having a plan for your retirement income is very beneficial. Understanding the difference between accumulating vs versus distributing retirement funds can help you figure out how long your income will last for you. Scott Peterson covers fixed-income investments and rising-income investments and emphasizes when you should be utilizing each.
The World’s Worst Investments: Why Precious Metals are a Bad Investment
Everyone chooses something different to invest in, and there will always be something new to invest your money in. However, there are certain investments you should not partake in even though they may be intriguing. Scott Peterson specifically writes why gold, other precious metals, and index annuities are bad investments.
What Role Will Social Security Play in My Retirement Income Plan?
Once you enter retirement, you are likely not going to receive consistent income from a form of work. Therefore, it is important for retirees to get as much as they can from Social Security. Scott Peterson lists five important benefits of taking your Social Security including having the income be reliable, inflation-adjusted, and lasting for a lifetime.