Fear Sells
The media knows what sells, negativity. Newspapers, television, the web, social media, etc. are all fighting for your attention. They know that by reporting that a disaster is coming will likely catch your eye. Throughout history, financial media has loved using fear...
Social Security to Run Out of Money Sooner Than Expected
According to a new report from the US Treasury Department, the Social Security Administration will be unable to pay full benefits starting in 2034, a year earlier than previously expected. Millions of Americans get a large chunk of their retirement income from Social...
Best Short-Term Investments
While many investments are made for long term growth, there are occasions when you need money for short term expenses (i.e. a down payment on a house). When reviewing potential short-term investments this is what I look for: Stability – Small historical risk of losing...
10 Free Items to Get on Your Birthday
No need to worry about your budget! On your birthday plenty of businesses will give you free stuff. Here are some companies that offer items at no cost. For many you’ll have to sign up for their free rewards program or email list. Jersey Mikes – Free regular sub....
4 Charts on Stocks Making New All Time Highs
Record highs seem to be the norm this year. The index hit it’s 51st new high for 2021. So far, this year has been a great for stocks. Below are charts that help put it in perspective. New S&P 500 Highs by Year This chart, from our team at LPL Research, shows the...
How to Consolidate Your Credit Card Debt
Consolidating debt is the process of combining multiple debts from credit cards into one monthly payment. The goal is to lower your interest rate, which can help you save money and pay off your debt faster. There’s plenty to think about as you decide whether...
How to Retire Early
There are all different ages that people want to retire at, and for many people, it’s as early as possible! According to the United States Social Security Administration, the typical age of retirement is 65. We use this age as our baseline for financial plans to run...
8 Types of Investments
Are you ready to start investing but struggling with what to invest in? This guide walks you through some of the most common types of investments and explains why you may want to consider them. StocksStocks, also known as equities, are one of the most common types...
Stock Market Just Doubled
The most commonly used benchmark in the world has doubled since its pandemic low. We had our fastest crash and recovery since the Great Depression. This was another reminder that investing during a bear market can be lucrative. What we can learn from the rebound.....
The Three Bucket Strategy
The world of financial planning can be tricky to navigate. There are so many options to choose from when building your financial plan. This strategy is suitable for people with substantial savings and those who are just starting out. It’s a great way to simplify the...
Plan to Rise Above®
Welcome to the Plan to Rise Above® Blog. Continue to check back for new and exciting content in the world of financial planning, wealth management and personal finance.
