Category: Investment

Retirement is a significant transition, and it can bring both challenges and opportunities for Middle-Class Millionaire women who have spent many years focused on their careers. For women approaching retirement age, it is crucial to consider various tips and strategies to ensure a smooth and fulfilling transition. An elegant pivot from work life to a … Continue reading “Women and Wealth: A Pivot Towards Retirement”

Inflation impacts Middle-Class Millionaires in a number of ways, not just in a steady rise in the prices of the things we buy every day. One of the most complicated is how the monthly/annual inflation rate influences our interest rates—the rate at which we borrow money.  Really? In May the so-called core consumer price index—basically … Continue reading “Inflation’s Tie to Interest Rates”

If you’re like many small business owners, running your own business is an all-consuming endeavor. In the face of everyday demands, choosing a retirement strategy for your business can become a casualty. The idea of establishing a plan could evoke worries about complicated reporting and administration. If this sounds familiar, then you may want to … Continue reading “Is A SEP-IRA Right For Your Business?”

According to a recent survey, more than half of all Americans fear for their financial futures. Another study says that 77% of Americans feel anxious about their current financial situation. Even if both of the surveys overstate the numbers, the fact is that many of us have phobias about our finances, often rooted in past … Continue reading “Common Financial Phobias”

With the slow leak in the markets lately, you might not realize that we are currently experiencing an outrageous investment mania. Stocks of companies that are involved in artificial intelligence have been soaring at unprecedented rates, prominently including Upstart Holdings (up 393% this year alone); C3.ai (255%); Nvidia (220%); Palantir Technologies (177%) and Meta Platforms … Continue reading “The New Tech Mania: AI”

Much is written about the classic financial mistakes that plague start-ups, family businesses, corporations, and charities. Some classic financial missteps have been known to plague retirees, too. Calling them “missteps” may be a bit harsh, as not all of them represent errors in judgment. Either way, becoming aware of these potential pitfalls may Middle-Class Millionaires … Continue reading “Navigating Retirement Pitfalls”

Did you know that last year, roughly 1.66 million new homes were constructed? This includes single-family homes (975 million), 2-4 unit residences (54.8 million), and buildings with 5 or more family units (635 million). This total number is actually down from the 1.73 million new homes built in 2021, and 2023 is on pace for … Continue reading “Housing Starts in Decline”

With the children now out of the house, financial priorities for Middle-Class Millionaires become more focused on preparing for retirement. At this stage, you may very likely be at the height of your earning power and fast approaching peak savings as you lay the groundwork for retirement. During this final leg to retirement—and throughout your … Continue reading “Insurance Needs Assessment: For Empty Nesters and Retirees”

Retirement can have many meanings. For some, it will be a time to travel and spend time with family members. For others, it will be a time to start a new business or begin a charitable endeavor. Regardless of what approach you intend to take, here are nine things about retirement that might surprise Middle-class … Continue reading “9 Facts About Retirement”

Social Security’s been a fact of retirement life ever since it was established in 1935. We all think we know how it works, but how much do you really know? Here are nine things that might surprise you. The Social Security trust fund is huge. It was $2.8 trillion at the end of 2022. Most … Continue reading “9 Facts About Social Security”