Preservation Specialists, LLC Blog
We help individuals and families work toward achieving their ideal retirements.
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…Read More →
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…Read More →
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…Read More →
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…Read More →
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’…Read More →
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…Read More →
A recent study revealed that young adults are more interested in spending money on experiences rather than material goods. In the study, 43 percent of respondents reported compromising on their daily expenses to save money for travel. One of the positive effects of globalization is young people have greater exposure to different cultures in different…Read More →
Financial Planning | With people living longer and benefiting from the long-running bull market, there are more factors to consider in taking required minimum distributions (RMDs) from retirement accounts. The traditional IRA, SEP IRA and 401(k) plans offer tax deductions on contributions and tax-deferred growth on earnings during the accumulation phase, but eventually the government…Read More →
Financial Planners | Recently, President Trump bemoaned the inconveniences of low-flow toilets, showers, dishwashers and energy-efficient lightbulbs – all implemented in the wake of government regulation aimed toward conservation efforts. Read further to learn more about Assessing the Role of Government… One issue in the political divide between parties is disagreement about the role of…Read More →
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