(this article is based on an excerpt from Sean's upcoming book: Income-Do:The Way of Mastering Money and Your Life. ) “Instant gratification is bad for your health and your wealth.” Sean Sparkman by Sean Sparkman Many people, myself included, find they struggle with the concept of delayed gratification, at least occasionally. Most of [...]
by Mike Maharrey When the Federal Reserve started raising rates, it precipitated a financial crisis. The central bank managed to paper over the problem with a bailout program, but the crisis continues to bubble and percolate under the surface. According to the latest data from the FDIC, the U.S. banking system is sitting on $517 [...]
by Rick Sparkman Pathfinders Wealth "Should I buy an annuity?" is not exactly the hottest topic at dinner parties, is it? But here's the thing: if you're looking to secure a steady income stream in retirement, annuities might just be your new best friend. I know, I know - the word [...]
Read the full article below based on Sean’s Sparkman’s upcoming book: Income-Do:The Way of Mastering Money and Your Life By Sean Sparkman A long time ago, there was a Zen master known throughout the land for his profound wisdom. Those seeking knowledge would travel thousands of miles to sit at this [...]
By Jerry Yu When you contribute to qualified tax-deferred retirement accounts such as traditional 401(k), thrift savings plans (TSP), or IRAs during your working years, you'll have some significant benefits. For one thing, you contribute to these using pre-tax dollars. These contributions reduce the current year's tax liability. Over time, these retirement accounts [...]
by Teresa Kuhn Living Wealthy Financial High-net-worth individuals and affluent families looking for alternative investment opportunities often consider private placement life insurance (PPLI). This unique financial tool offers an effective way to invest large sums of cash while also receiving powerful tax advantages and asset protection. A PPLI policy is a highly specialized and [...]
by Rick Sparkman Pathfinders Wealth Created by President George W. Bush in 2006, "donor-advised funds," or DAFs, are a $230 billion industry that’s gone largely unnoticed by most Americans. The idea behind DAFs was to increase philanthropic giving by offering the wealthy better tax benefits to encourage them to support more charitable giving. As [...]
Investor and Youtube influencer Michael Bordenaro takes a look at the giant canary in the coalmine- debt delinquencies. https://www.youtube.com/watch?v=orDLHU_I-C0&t=10s
We're being told by those supposedly in charge that the economy is on an upswing, that everything is OK. But is this truly the case? Dan from the massively popular "IAllegedly" channel explains that millions of ordinary people are surviving by living on credit cards, creating a precarious economic situation. https://www.youtube.com/watch?v=9GaXc788l1Q
by Brian Swerdlow Anchor Financial Greater numbers of hospitals are closing across the United States, especially in rural areas. With all that’s going on in the world right now, you may have missed a quiet but growing crisis that’s affecting seniors, especially those living outside large cities. For the last several years, a [...]
by Brian Swerdlow Two popular choices for retirement savings are annuities and mutual funds. While both annuities and mutual funds serve as retirement savings vehicles, they differ significantly in their features and benefits. However, both can contribute to your financial security and retirement advantage, and both are worth looking into. It pays to understand how each works and the [...]
by Brian Swerdlow 2024 is now well underway, with the landscape of personal finance poised for significant shifts. These changes, driven by a confluence of economic, technological, and regulatory factors, will change the way you earn, invest, save, and spend money. Here are just a few of the critical financial trends to watch out for [...]
