Library

DECEPTION IN THE FINANCIAL SERVICE INDUSTRY

To be blunt, there is deception all around us. The primary presidential elections are a perfect example – whether it is Republicans debating with Republicans, Democrats questioning other Democrats, or Republicans and Democrats fighting each other, there is so many half-facts and conflicting information that it is impossible for everything said to be true.

IS WORKING WITH A FINANCIAL ADVISOR WORTH IT?

HSBC recently published an article titled “The Future of Retirement, The Power of Planning” which compares the circumstances of investors who work with a financial planner to those who invest on their own.

STUDY SAYS FINANCIAL ADVISORS OFTEN WORK AGAINST THEIR CLIENTS’ BEST INTERESTS

Financial advisors often work against their clients’ best interests if it means earning more in commissions, according to a recent study by the National Bureau of Economic Research (NBER).

“FINANCIAL ADVISORS” AND MARKETING

Flipping through the local paper, I noticed a standard advertisement from a “financial planning” firm. We’re seeing more and more of these advertisements that are designed and written to appear as an actual article of the publication.

SHOULD YOU DELAY TAKING SOCIAL SECURITY?

While taking withdrawals from your portfolio to cover your expenses while you maximize your Social Security payments is an attractive alternative to purchasing an income annuity from an insurance company, I wouldn’t recommend such action to everyone.

ARE SOCIAL SECURITY BENEFITS TAXED?

Ever wondered if your Social Security benefit is subject to Federal tax? Well it depends on your annual household income.