retirement Archives

How To Create A Financial Plan

July 17, 2013
David S. Chang

When people think of a financial plan, many assume it involves setting up a budget, saving for retirement and looking for good investment products. But a financial plan goes much deeper than that. If properly done and updated regularly, it could mean the difference between financial independence and financial dependence. Here are key steps on how to […]

November 16, 2012
David S. Chang

September 19, 2012
David S. Chang

401(k) retirement plans were first introduced by Congress in 1978. The name comes from the section (401) and paragraph(k) of the Internal Revenue Code. The retirement plans were created to encourage Americans to save more for retirement. Here are some tips and information to take full advantage of the benefits of a 401(k): 401(k) plans […]

August 11, 2012
David S. Chang

Benjamin Franklin once said, “Certainty? In this world nothing is certain but death and taxes.” No one wants to think about death, but a little planning can ensure your assets are divided smoothly after you are gone. Make a plan. A will dictates where your assets go when you die. Without it, you will not […]

June 27, 2012
David S. Chang

Chances are if you are looking at planning for retirement, you have come across annuities as a potential investment product for retirement income. The proper annuity may enhance your investment portfolio, but it is important to make sure it is suitable for you. What is an annuity? An annuity is a contract between you and […]

March 28, 2012
David S. Chang

The S&P500 is up more than 11 percent this year and above 1,400 for the first time since mid-2008. This is good news, but many people are still on the sidelines worried about the global economy and the precarious conditions in Europe. The knee-jerk reaction may be to move all assets into a bank account […]

February 15, 2012
David S. Chang

Benjamin Franklin once said “Certainty? In this world nothing is certain but death and taxes.” Although one cannot control death, one can control how to protect loved ones through life insurance. The proper amount of life insurance will ensure that they will have enough money to pay down debts, replace the loss of income and […]