Since many Americans are enjoying more years in retirement, it’s become imperative for those approaching retirement to establish reliable streams of income they can count on. That’s the aim of investing for income—having enough income, on a consistent basis, that allows you to cover your expenses, so you can avoid delving into the principal balance …
First, let’s start with a few sobering financial literacy facts: Over 50% of Americans live paycheck to paycheck1 20% of Americans don’t save any of their annual income for retirement2 Americans hold over $1 trillion in credit card debt with an average interest rate of 17.89% for new cards and 14.52% on existing cards3 Financial …
What Does Financial Literacy Mean to You And Why Is It Important? Read More »
Fixed income is commonly referred to as those types of investment securities that pay an investor fixed interest (or dividend) until its maturity date. Upon maturity, investors are repaid the principal amount they had invested. Common fixed income investments include: Treasury bonds Government and agency bonds Municipal bonds Corporate bonds Mortgage-backed securities Certificates of deposit …
We all want to retire comfortably. But what does “comfortable” really mean when it comes to retirement? And how do you create a plan that helps you achieve it? Unfortunately, there’s no magic formula. However, making sure your strategy includes certain key ingredients can greatly increase your odds of success. In my experience, there are …
Advisory Services offered through Rock Creek Wealth Planners and Advisors, LLC, an SEC-registered investment adviser.
