income

The True Purpose of Investing: Creating Income for Life

When I ask people what they are investing for, I often get answers such as “growth” “high returns” or “to make money.” I rarely hear the right answer, which is: Income! During the 2008 financial crisis there were many people that had quite a bit of assets (namely in real estate) but couldn’t pay their […]
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Secrets of The Wealthy, Part 2

  Last week we covered Part 1 of the secrets to becoming financially independent and wealthy. This week we will cover the secret strategies the wealthy use. * Get a Mentor. Surround yourself with millionaires and learn from them. The best way to learn how they think and what they think is to be with […]
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Is The Roth IRA Right For You?

One of the best ways to save for retirement is through individual retirement accounts (IRA). There are two different types of IRAs, traditional and Roth. A Roth IRA has unique characteristics that can make it a very effective retirement-savings tool, but it isn’t for everyone. If you are deciding between a traditional and Roth IRA, […]
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Things To Plan For In Retirement

Being financially independent for retirement is one of the top goals for Americans. However, a recent study shows that half of Americans will die with almost no assets, and half of Americans will rely only on Social Security for income. With low asset levels, paying for unanticipated expenses and even raises in cost of living […]
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