By Daniel Stewart Properly designed and implemented, modern whole life insurance is a powerful financial tool that can help you pay down debt more quickly, manage your cash with greater efficiency, and help you save on taxes. Indeed, term policies are typically less expensive than permanent (whole or universal life) insurance contracts. However, more Americans [...]
By Daniel Stewart "Retirement is one of the most significant milestones in a person's life. However, for many older Americans what should be a happy, stress-free time can easily become full of money challenges and other unanticipated hurdles." If you are a pre-retiree witnessing what seems to be an economy on the edge of a [...]
by Daniel Stewart A rapidly shifting demographic means more Americans than ever will need some form of long-term care or a stay in a nursing home. Unfortunately, few of us are prepared for the escalating expenses of long-term care. Long-term care expenses are one of the prime reasons seniors run out of money when they [...]
Robo-advisors have grown in popularity, but are they right for everyone? By Daniel Stewart Introduced in 2008 and using automated algorithms devised by financial professionals, robo-advisors provide financial planning without human intervention. These automated financial advisors advise clients using data collected via online surveys. They then design investment plans based on the data for [...]
By Daniel Stewart As we age, it's common to experience some decline in cognitive ability. This unfortunate situation is caused by several factors, ranging from lifestyle choices to genetics to diseases such as Alzheimer's and other types of dementia. Unfortunately, the consequences of diminished mental acuity in seniors are disturbingly negative. Whether we like to [...]
As the economic environment becomes more chaotic, pre-retirees with traditional 60/40 portfolios may experience substantially better performance than those who have weighted their matrix with riskier investments. by Daniel Stewart 2022 is reaching its' painful conclusion, with many seniors in a state of uncertainty and fear. Some Americans are so afraid of making mistakes with [...]
Many retirement planners advise their clients not to put an annuity in their qualified plan accounts. But is this always the best advice? By Daniel M. Stewart Stewart Wealth Advisors Many retirement planners steer their clients away from using annuity products in qualified plans,such as IRA accounts. Putting a tax-deferred annuity into a retirement [...]
