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What are the Benefits of Saving Early?

Submitted by Generational Wealth Group | Eric Nichols | Michael Zurek on November 16th, 2021

For many Americans, the art of saving is something that they have yet to master. This is especially true for those who have just entered the workforce or have gotten their first good-paying job. The mantra of these young professional men and women is often to want to spend instead of saving, and it might be time that changed.

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  • General
  • Retirement
  • Saving and Investing
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Investment Tips for All Seasons

Submitted by Generational Wealth Group | Eric Nichols | Michael Zurek on November 10th, 2021

Intro

If you’ve been investing in stocks or bonds for several years, you may feel like you’re beginning to get a hang of this precarious trade. At this point, you may be making plans to diversify your portfolio or research a more complex investment strategy. But in reality, you should be using this time to get back to the basics.

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IRS Woes: Don't Let Taxes Derail Your Retirement Plans

Submitted by Generational Wealth Group | Eric Nichols | Michael Zurek on November 2nd, 2021

All United States citizens are subject to income tax from the federal government, even those who are retired. Living on a fixed income in retirement can be difficult, so it’s important to plan accordingly for how you will be taxed to get an accurate picture of your financial health. 

Here’s what you need to know about taxable income in retirement. 

Tags:
  • Retirement
  • Taxes
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Paying for Long-Term Care: Your Options Explained

Submitted by Generational Wealth Group | Eric Nichols | Michael Zurek on October 26th, 2021

It’s not always pleasant to think about who will take care of you when you’re no longer able to take care of yourself, but planning ahead is a necessary part of getting older. The more prepared you are—emotionally, logistically, and financially—the easier it will be for you to transition into long-term care if and when it’s needed. 

Tags:
  • Health
  • Insurance
  • Long-Term Care
  • Medicaid
  • Medicare
  • Retirement
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Small Business Owner Retirement: Dealing with an Unexpected Exit

Submitted by Generational Wealth Group | Eric Nichols | Michael Zurek on October 14th, 2021

You’ve spent many years building your business from the ground up, working through the highs and lows of entrepreneurship. Now, as you’re nearing retirement age, it’s time to think about what will happen to your business when you’re no longer working.

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  • Financial Planning
  • Retirement
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Top 15 Money Management Tips

Submitted by Generational Wealth Group | Eric Nichols | Michael Zurek on October 5th, 2021

We all have our own unique relationship with money. We certainly have our own unique way of both spending and saving money.

However, if you’re ready to start putting some money aside, or looking for tips on money management, or even the best way to pay your bills, the following tips may provide a little bit of help: 

Tags:
  • Budgeting
  • General
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Retirement Calculator: Are You On Track to Reach Your Goals?

Submitted by Generational Wealth Group | Eric Nichols | Michael Zurek on September 29th, 2021

Thinking about retirement can be overwhelming, especially when considering what life may be like living on a fixed income. One of the best ways to improve your financial health in retirement is to start planning early. Here are some things to consider when planning for retirement and how to stay on track with your goals during your working years. 

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  • Financial Planning
  • Retirement
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The Basics of Keeping a Balanced Investment Portfolio

Submitted by Generational Wealth Group | Eric Nichols | Michael Zurek on September 20th, 2021

Whether you’re brand new to investing or you have an established portfolio, balance is seen as one of the keys to making the most of your investments. But what does a balanced portfolio look like? And how do you keep your portfolio consistently balanced? Here are the dos and don’ts of balancing your portfolio and some helpful tips to potentially increase your returns. 

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  • Financial Planning
  • Saving and Investing
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Retirement as a Single Woman

Submitted by Generational Wealth Group | Eric Nichols | Michael Zurek on September 14th, 2021

If you’re in the 29 percent of women between ages 50 and 64 who are single, you may be wondering what retirement will look like.

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  • Financial Planning
  • Retirement
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Pre-Retirement Preparedness: Planning for Your Career Exit

Submitted by Generational Wealth Group | Eric Nichols | Michael Zurek on September 7th, 2021

This is it. You’re zeroing in on your retirement years. You’ve been planning this for decades, but are you really ready? If you’re five to 10 years away from retirement, it’s time to start getting specific about your plans after exiting your career. Here’s what you should be doing to prepare. 

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  • Financial Planning
  • Retirement
  • Saving and Investing
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Securities and Advisory Services are offered through United Planners Financial Services, member FINRA/SIPC. Nichols Financial, Inc. and United Planners are independent companies. Generational Wealth Group and and United Planners are independent companies.

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