Problem: Unless you’re an asset-allocation specialist, how do you know whether your portfolio is matched to your risk tolerance?Here’s a fact for you. In a study by Brinson, Singer, and Beebower (1991) Financial Analysts Journal, asset allocation accounts for 91% of portfolio performance,...
Read PostRetirement Mistake No.1: No Clear Written Retirement Plan; Not Taking Control of Your Financial Future
The road to financial freedom, wealth, and prosperity requires an accurate map that will let you plot a journey, monitor progress, and change direction if you venture off course. To help you get there, here are ten ideas for developing a sound financial plan with your financial professional....
Read PostTurn Your Personal Medical Expenses into 100% Corporate Tax Deductible Expenses
One of the most common questions we ask business owners is, “How do you pay for your personal medical expenses that are not covered by your benefit plan?” 95% of the time, the response we hear is, “out of my personal pocket”. As soon as we hear that, we know we can save that person a...
Read PostPotential Gaps in your Long Term Disability (LTD) Group Benefits Plan
1. Length of Coverage: The key in designing a group benefits plan is to help you understand and allow access to the full amount of coverage that you need and pay for. Though long-term disability (LTD) is extremely valuable, the insurance may have constraints, such as, you may be able to claim LTD...
Read Post