Calculating Your Post-Retirement Income, Post-Haste
Retirement is an exciting time! It's the end of one adventure and the start of the next. Let's make it the trip of a lifetime, and make sure you have the income to do the things you want to do!
A New Mindset for Income Distribution
There's always a lot of noise around the stock market. It's not always clear if it means anything for your retirement. Often, we trade growth for stability when we choose to retire. That way, we filter out some of the noise and focus instead on preserving your spending power.
3 Major Retirement Hazards to Avoid
Boxer Mike Tyson famously quipped that "everyone has a plan until they get punched in the mouth." Like a boxin match, sometimes life tries to throw some haymakers. The best financial plan isn't optimized to the cent; instead, it's flexible enough to allow for those unexpected moments while keeping you on track.
A Message from Mary Sterk
Happy Spring from Sterk Financial! 2023 has had a fairly volatile start. Here are a few economic observations.
401(k) Distribution Dilemma
We all look forward to the day when we can finally call it a career! Time to kick back, relax, and collect our carefully planned and hard-earned retirement savings. But rushing into withdrawing your retirement funds without the best distribution method can prove costly.
March 2023: Retirement Readiness
Our Retirement Readiness newsletter features caring for aging parents, important birthdays over 50 that have implications on your retirement income, 5 facts about social security, and women & financial strategies.
Your Monthly Market Newsletter, March 2023
In this month's newsletter, you'll find information about February's market performance, inflation, the U.S. debt ceiling, & contradictory economic news, as well as a look at Whole Life Insurance, Extended Care & Behavioral Finance. We also share an inspiring story about young students raising money so an 80 year-old janitor can retire.
Silicon Valley Bank (SVB) - Update
We strive to keep you regularly updated with important market changes and news.
Please find the Silicon Valley Bank (SVB) - Update from Phil Blancato, Advisor Group’s Chief Market Strategist attached below. This update provides details on the collapse of SVB.
We’re here to answer any questions you may have! Please don’t hesitate to reach out.