Articles

Robo-Advisors vs Real-Life Wealth Advisors: How to Choose?

By Bruce Smith | October 24, 2018

At Premier Financial Group, we understand that investors have many choices when it comes to selecting the right financial advisor for their needs. In recent years, the choices available to investors have increased with the advent of the so-called robo-advisors. 

Just as the travel industry has changed -- thanks to the proliferation of do-it-yourself online booking sites -- and traditional bank teller duties have been taken over by automated tellers, the financial services industry is changing, as well. Robo-advisors, or investment firms that offer

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Retirement Plan Advisors Reveal 7 Retirement Trends

By Bruce Smith | October 06, 2018

While playing nine holes of golf with a friend the other day, the conversation turned to retirement and, specifically, what retirement looks like now as opposed to when our parents retired. Much has changed in the last generation or two; pensions have largely disappeared, the future of Social Security is a matter of debate and the costs of healthcare seem to just keep rising.

However, the news isn't all bad! Along with an increased life expectancy for most Americans, physical activity is on the rise

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Retirement Plan Advisors' Key to Retirement: Patience

By Bruce Smith | September 30, 2018

The other day, I was enjoying a game of golf with a friend who happens to be a long-time retirement plan advisor. As it often does, the conversation turned to retirement; specifically, where the key to a happy, comfortable retirement really lies.

My golf buddy's answer? It's probably not what you think.

My friend believes that the secret ingredient to a successful retirement lies in patience -- and the secret to patience lies in the ability to delay gratification, which, needless to say, isn't exactly a hard-wired human trait. 

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Saving for Retirement: Advice from Retirement Planning Advisors

By Ginger Weber | September 06, 2018


If you are like many Americans who have not yet retired, you may be actively striving to get to a place in life where work becomes optional.  With so many people focused on eventual retirement, and a number of tools to help you get there, why does getting to retirement seem to be such a challenge? 

Premier’s team finds that there are a number of obligations and expenses that are competing with an investor’s commitment to save and invest.  Here are some of the common items we find that prevent investors from saving more, in no particular order:

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401k Advisors Reveal 7 Things They Wish Investors Knew

By Teresa Conley | August 01, 2018

Clients often come to our 401k advisors with questions about their accounts. It's understandable; with all of the retirement plan options out there, it's easy to have questions about which strategies are the most effective.

Read on to discover the 7 things 401k advisors wish every investor knew about 401k plans, so they could make the most of this investment tool.

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Ask a 401(k) Advisor: 7 Keys to 401(k) Success - Part 1

By Bruce Smith | July 20, 2018

Often people ask our retirement plan advisors: "What is the best way to invest in my 401(k)?"

While many companies provide 401(k)s as a benefit to their employees, the frequency that we hear this question is alarming. This question underscores that many 401(k) participants haven't had enough education from their 401(k) plan providers to know how to fully participate - but the stakes couldn't be higher. Once you have worked through your higher income years and reached retirement you will not get a 2nd chance. Either you will have prepared properly - or not. In our opinion, however,

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Should Your Small Business Offer 401(k) Retirement Plans?

By Bruce Smith | July 02, 2018

As pensions go extinct, more Americans turn to individual retirement accounts to prepare for their golden years. One of the most popular is the 401(k), an employer-sponsored plan that allows workers to save a percentage of pre-tax dollars from paychecks. 

As of 2014, 401(k) plans were the most popular type of retirement savings, representing about 18 percent of the retirement plan holdings in the U.S., according to the ICI.  But while 89 percent of workers at large companies (500+ employees) have access to employer-sponsored 401(k) plans, only 45 percent of businesses with <100 employees offer 401(k) plans, and only 16 percent of business with <10 employees offer 401(k)s. Overall, that translates into only about half of Americans with access to workplace retirement plans.

Here's how small businesses can benefit from offering 401(k) plans to their employees. 

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Why Retirement Planning is Sexy

By Teresa Conley | June 26, 2018

You've undoubtedly seen them: Those ads for 55+ communities, cruises, or adults-only resorts where sets of perfectly coiffed, just-beyond-middle-aged couples dressed in expensive exercise clothing frolic happily in the sunshine, on the beach, in their lovely front yard, or on the deck of a fabulous ship. You may have rolled your eyes, writing these ads off as simple marketing gimmicks. After all, no one's actual retirement really looks quite that glamorous and amazing... does it?


While (of course) there's a bit of commercial wizardry going on in those advertisements, the truth is that your retirement can be that fabulous! Retirement should offer time to travel, time to relax, time to spend with friends and family, and time to give back to the community. Retirement should be characterized by good health (and good healthcare), good food, and financial peace of mind. In other words, retirement should be all that you imagine, wish, and hope it will be. 

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Retirement Plan Advisors Share 9 Ways to Save

By Bruce Smith | May 27, 2018

If you're like most Americans, you know you need to save more for retirement... but you may not be sure exactly how to go about it. It's a common issue; in fact, a study from the National Institute on Retirement Security found that the median retirement account balance for all households of working age is just $3,000. Of these, 45 percent don't have any retirement savings at all.

Regardless of where your own retirement readiness may fall on the spectrum, you can still reap the benefits by shoring up your nest egg and bulking up your retirement savings efforts. 

Here are 10 ways to give your nest egg a boost.

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401(k) Advisors Share 9 Ways to Shore Up Your Retirement

By Bruce Smith | April 03, 2018

Is your 401(k) in good shape? Is it properly allocated? Does your plan mitigate your tax burden? Do you have the right blend of growth and income?

For many investors, a 401(k) retirement plan is easy to simply set and forget. It's not difficult to see why; managing a 401(k) plan with the proper knowledge or time can be intimidating. However, your retirement depends on this important account's performance, so it's important to maximize your 401(k)'s potential for returns. 

Read on to discover 9 ways to strengthen your 401(k).

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