Preservation Specialists, LLC Blog

We help individuals and families work toward achieving their ideal retirements.

The Perks and Pitfalls of Self-Employment

June 8, 2020

Sole proprietors in the U.S. caught a huge break in April. The Paycheck Protection Program, borne out of the economic hardship caused by the COVID-19 pandemic, became available to solo entrepreneurs and independent contractors on April 10, 2020. As such there are perks and pitfalls of self-employment and read further to find out more information.…

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financial stress coronavirus

Beware of Coronavirus Scams

June 1, 2020

Beware of Coronavirus Scams | After a press conference in which President Trump mentioned scientists were testing the potential of using disinfectants as a coronavirus cure, poison control centers across the country reported a spike in calls. In Maryland alone, the Emergency Management Agency fielded more than 100 calls asking about the president’s suggestion. In…

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financial stress coronavirus

How to Deal with Financial Stress

May 29, 2020

The Coronavirus or Covid-19 brought financial stress to many people and it is important to learn how to deal with financial stress. A recent survey by the National Endowment for Financial Education found that almost 90% of Americans were feeling anxious about their money situation. 39% were worried about job security 48% worried about paying…

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retirement planning sc

Two Retirement Planning Approaches: Safety vs. Probability

May 5, 2020

Two Retirement Planning Approaches | According to Merrill, four of the most common risks to your retirement strategy are: A significant market drop shortly before or early in your retirementInflation reducing your spending power over timeUnexpected medical and/or long-term care expensesOutliving your assets If you are nearing retirement, it might be time to review your…

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Coronavirus financial impact

Markets, Investments, Income & Zoom Security

April 15, 2020

We’ve seen a rise in the number of coronavirus cases and at the same time our economy, as said in the news, is not doing well wherein we are expecting the “worse is yet to come”. What we should be doing is to be well-informed in Markets, Investments, Income, Zoom Security, etc. We are sharing…

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Coronavirus financial impact

Financial Impact of Coronavirus

April 8, 2020

The coronavirus crisis is creating so many challenges and uncertainty which gives us a lot of worries when it comes to our personal finances -with this, it is essential to learn the Financial Impact of Coronavirus Our very own founder, Pat Strubbe, discusses the financial impact of coronavirus, what it means, and how you can…

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coronavirus and financial planning

The Effects of Covid-19 To South Carolianian’s Finances

March 28, 2020

The Effects of Covid-19 To South Carolianian’s Finances The effects of Covid-19 to South Carolianians or living in SC’s finances are important to know so you can determine how to manage your finances. The new coronavirus or Covid-19 crisis brings economic uncertainty which leads to financial stress. Find out the Effects of Covid-19 To South…

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Baby boomers staying home during retirement

Baby Boomers Staying Home for Retirement

February 19, 2020

Baby Boomers Staying Home for Retirement (Retirement Planning) – In 1989, Harvard economists published a study concluding that as baby boomers aged out of the residential real estate market, there would be a glut of empty homes and prices would plummet. That clearly hasn’t happened yet, for a variety of reasons. Economists didn’t account for boomers’…

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Student Loan Debt

Student Loan Debt Affects More Than Millennials

February 18, 2020

SC Preservation LLC. | Common sense would suggest older workers have a much easier time saving than young adults. They are more likely to have already purchased a home, put kids through college and, by that point, are putting more money away for retirement. But Student Loan Debt Affects More Than Millennials… A recent study…

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