FAQ: Now that I’m retired, what do you think if I invest in only high dividend stocks for the income they provide? Answer: This is a question we get from time to time that can be very concerning. Anytime investors put most or all of their investments in one asset class, they are setting themselves […]
The Importance of Budgeting & Expense Tracking
Budgeting is arguably the most important aspect of financial planning. Saving, investing, insurance, retirement planning, and projections are useless if you have no idea how much money you are spending today and how much you would like to spend (or have the ability to spend) in the future. We all have a limited amount of […]
Retirement FAQ: What Should I Do Now That The Market Has Corrected?
FAQ: Now that the market has corrected and is down, should I be doing anything different with my retirement investments? Answer: This is an excellent question that we have been getting often since mid-March. As the COVID-19 crises continues to engulf our world in uncertainty, that lack of clarity has translated through to the manic-depressive […]
Stock Market Update – 4/24/20
We have just passed the one-month mark since the stock market bottom and since that time, stocks initially had a compelling rally off the lows followed by a period of malaise as volatility collapsed and the market now churns sideways. On behalf of the team at Zynergy Retirement Planning, we hope you, your family, and […]
Stock Market Update – 3/24/20
Market Update – 3-24-20 I want to start by saying that I hope all of you are remaining safe and healthy! Obviously, this is a challenging time for us all. More than financial, this pandemic has challenged us both physically and mentally. It has been a few days since my last post and in that […]
Stock Market Update – 3/18/20
Market Update – 3-18-20 The market continues its downward slide. Although it closed well off its lows today, the S&P 500 touched levels it had not seen since December of 2016. Many of you are concerned about what you have lost. Frustrated by the deteriorating value of your portfolio in just a few weeks’ time. […]
Market Correction: What to Do?
Last week, stock markets around the world corrected in a violent selloff. Most of the major indexes were down more than 15% at their lowest levels due to fears of a Coronavirus pandemic and the economic impact that would have. This, just a little more than a week from the S&P 500 making record highs […]
Long-Term Care Insurance: Is it Right for You?
If you are in or near retirement, no doubt the thought of Long-Term Care has crossed your mind. Long-term care is a range of services and supports an individual may need assistance with to satisfy their personal care needs. Long-term care is not medical care, but rather assistance with the personal tasks of everyday life, […]
5 Things You Must Do Before You Retire
Deciding when to retire can be one of the biggest decisions of your life. If done right, you will only do it once, so it is important that you take the proper steps to ensure a part-time job as a Wal-Mart greeter is not required to make ends meet when you’re 80. Here are five […]
Retirement FAQ: Should I Change My Investment Strategy With the Market High?
FAQ: Now that the market is at all-time highs, how should I change my investments strategy? Answer: This is an excellent question that we get from our members whenever the market makes new highs (which has been often, lately). The answer is that a new high should have little relevance on your asset allocation. The […]
