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Michael Alexenko, president of Royal Asset Managers, based in St. Charles, Illinois, says the true key to calculating how much you’ll need for retirement is to look carefully at your current spending ...
If you think about the purpose of life insurance it becomes much easier to determine how much you need and for how long. Life insurance is an income replacement or liability matching tool and as long as ...
... on a case-by-case basis instead of feeling guilty about not being able to help. "The larger the family, the greater the likelihood that someone will be in need for whatever reason," Alexenko says. "It's ...
... contributed transferred amounts. See the website for the allowable amounts.
There is no need to have anxiety about how to invest the funds you’re setting aside. Investing for a 20+ year time horizon ...
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As with any rule of thumb, the 10% benchmark comes with a number of assumptions. The first is to ensure that you invest. You need to set aside your investment dollars and truly invest them. ...
If you’re more than 10 years from your targeted retirement date, it might be valuable to simply use some standard rules of thumb that will offer pretty close approximations of what your spending need will ...
... that because their net worth is below the unified exemption level that they don't need anything more than a Will and they conclude that a Living Trust is overkill. This could become a costly error especially ...
... by financial planning.
Our financial planning process can be summarized in four general steps:
Current Status
Goal Setting
Strategy
Track and Review
We need to determine where we are before ...
After establishing a command of your current situation we are able to concentrate on realistic goals. Knowing how much you are spending today offers some guidance on how much you might need in retirement ...
Possibly the greatest value to the financial planning process is that you receive a written document that can serve as a source for information.
Investors' financial strategies need to put in writing ...
... monitoring that is part of financial planning should be reviewed no less than annually. Tracking your financial plan helps to identify the need for adjustments or possible troubleshooting. ...
... then our Advisory and Consulting Service may be right for you. An initial consultation to review your needs will be completed and then recommendations on how to implement a strategy will be provided. ...
... costs. There is little reason why you can't construct your own quality portfolio for less than .25%. Vanguard and iShares are two companies you need to make maximum use of to avoid the return erosion that ...
... management have been repealed. Diversification, asset allocation and risk tolerance remain critically important to building a portfolio that is tailored to the specific needs of each individual investor. ...
... of corporations is a complicated exercise and creates excellent preparedness for addressing personal budgeting and projections.
Responsiveness - We are there when you need us most. Royal Asset Managers ...
... is based on regular communication. Communication helps us to better do our job of helping you achieve your goals. If we don't talk, it's impossible for us to know what your current needs are and how they ...
... security and implementation of a customized investment strategy is the central need. This is the core of RAM's client base.
Accumulation Phase and Early Stage: Working professionals and others who remain ...
... RAMS will assist you in making the
appropriate investment selections available to your
employees. To achieve increased employee participation
we will offer the continuing education
needed to help people ...
... agree to pay an hourly fee to RAMS for the time we focus on your financial needs.
Construction of a sound investment portfolio should be every investor’s goal. If you like do-it-yourself projects with ...
... Planning is the process of evaluating a
client’s current financial condition. We need to
know a client’s net worth, the assets that create
that net worth, current income, savings and
expense history, ...
... not sales. It is our mission to always act in your best interest and make investment decisions that best serve your needs.
Our services include:
Full Service Investment Management
Investment Advisory ...
