Articles

Why Mom Was Right About Retirement Planning

By Jeremy Sorci | March 07, 2019

When you think of the people you rely upon most to provide retirement planning advice, who comes to mind? Your trusted wealth advisor, of course. Perhaps your best friend or your work colleague.  Perhaps even your - mom?

While mom might not be first on your list, perhaps she should move up a few spaces. Imagine, for a second, that you're sitting around the table after dinner, enjoying a cup of late-night decaf, and discussing retirement planning with your mom... only your mom just happens to be Warren Buffet. 

Read More

IRAs for Kids? Retirement Plan Advisors Explain

By Bruce Smith | February 20, 2019

IRAS: They're not just for adults anymore! While it's no secret that IRAs — individual retirement accounts — are a popular way to save money for retirement, many don't realize that these savings accounts can also be an effective investment tool for children and teens. As long as a child is earning income from a job, they can contribute to an IRA. 

There are two types of IRAs that investors can take advantage of for children. Read on to learn more about how to use IRAs to help young people start saving and investing. 

Read More

401k Advisors Suggest 5 Questions to Ask

By Teresa Conley | February 07, 2019
How's your 401(k) doing? If you're like the majority of Americans, you've got access to an employer-sponsored 401(k) retirement plan, but you're not taking advantage of it. 

 

Read More

Financial Literacy: Key to Successful Wealth Management

By Jeremy Sorci | January 23, 2019

We all get them... stacks of envelopes in the junk mail pile, all offering low-interest credit cards. Emails offering "amazing deals" and "once in a lifetime" chances to use a new credit card to pay off existing debt. This steady stream of offers of easy credit is having an impact.

According to the Center for Retirement Research at Boston College, Americans put an additional $52.4 billion dollars on their credit cards in 2015 alone, leading to an overall increase of $72 billion dollars of credit card debt. The numbers continue to rise. By the end of 2016, outstanding credit card debt reached a new high: over $1 trillion. It appears that our society's current trend away from cash and toward credit card purchases has taken hold. Today, online shopping reigns, making it ever easier to slide into overextended credit and debt. 

Read More

401(k) Advisors Share the Retirement Basics

By Bruce Smith | January 10, 2019

What is a 401(k) and, more importantly, why should you care? Since this type of investment account first arrived on the retirement planning scene almost four decades ago, it's grown into the most used employer-sponsored retirement plan in the country. More than 52 million Americans have 401(k) accounts, together holding $4.8 trillion in assets as of 2016, according to research from the Investment Company Institute.  

These flexible plans can make saving for retirement easier. Read on to learn what our 401(k) advisors think everyone should know about 401(k) plans. 

Read More

Social Security & High Net Worth Investors: Wealth Management Solutions

By Bruce Smith | January 04, 2019

Our wealth advisors often answer questions about Social Security and how it fits into a comprehensive wealth management strategy, especially for those in higher tax brackets. Even if the bulk of your income comes from other sources in retirement, Social Security can help make your retirement more comfortable and help you grow assets to leave to your beneficiaries.  

Read More

Strategic Wealth Planning for Millennials: Save Early and Often

By Francoise Crandell | December 05, 2018

We often hear from millennials who know they're supposed to start planning for their financial futures and saving for retirement, but just aren't sure how to go about it. 

This is understandable; after all, when you're focusing on graduating from college, paying down student loans and landing that first job, saving for a retirement that's 40 years or more in the future may just be the last thing on one's mind. Plus, given the (slowly) recovering state of the economy, many relatively new college grads may not be in jobs that pay well enough to make it easy to put a hefty percentage of each paycheck into a retirement savings account each month. 

Read More

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

Read More

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. 

Read More

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:

Read More
Google