News

How to Buy a Home for Your Retirement Years

While retirement planning can be extremely complex and demanding, deciding where to live in retirement is one of the biggest decisions you must make, since it carries both financial and lifestyle implications.

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How Does the Civil Service Retirement System (CSRS) Work?

The Civil Service Retirement System (CSRS), created by the Civil Service Retirement Act of 1920, is a defined benefit and retirement savings system for certain federal employees. The CSRS was replaced by the Federal Employees Retirement System (FERS) for federal employees who started service on or after January 1, 1987. Read more

The Lesson I Learned From Bill Belichick And Why It Will Help You Choose The Right Financial Advisor

We watch it every year, but the game never gets old. Beginning in January, the season’s best NFL teams literally go head-to-head, competing for their respective conference titles and, ultimately, the Super Bowl Championship. It’s as American as the estimated 1.34 billion chicken wings consumed, and $1.3 billion spent on beer on Super Bowl weekend. Read more

Only 26% Of Older Americans Are Retirement-Literate — Find Out If You Can Do Better

A recently published research study in the Journal of Financial Planning shows that financial literacy has a huge impact on having a more financially secure retirement. The research consisted of data collected from roughly 1,200 Americans between the ages of 60 and 75, with at least $100,000 of investable assets – the data set excludes many lower income Americans. Read more

Worsfold Wealth Management Announces Affiliation with Barron’s Hall-of Fame Firm, Carson Wealth

January 4, 2019 – Joel Worsfold, a top 10 Wealth Brokerage Services advisor based in Des Moines, Iowa, today announced he and his team at Worsfold Wealth Management have joined Carson Wealth – an independent, Barron’s Hall-of-Fame nationally ranked advisory firm.  Read more

Wall Street pros aren’t the only investors feeling the heat in the current market plunge

Investors are likely getting more volatility than they bargained for this late in the year.

With the stock market continuing its downward slide, individual investors may be tempted to sell stocks and sit with their cash on the sidelines until the carnage ends.

Paul West, the managing partner at wealth management firm Carson Group in Omaha, Nebraska, said investors are beginning to question the mix of stocks, bonds and other investments they hold. That’s because it’s been so long since they’ve experienced such a sharp decline. Read more

Pinnacle Financial Group Announces Affiliation with
Barron’s Hall-of-Fame Firm; Rebrands to Carson Wealth

July 20, 2018 – Pinnacle Financial Group, an independent investment and wealth management firm headquartered in Amarillo, Texas, today announced it has joined Carson Wealth, a Barron’s Hall-of-Fame nationally ranked advisory firm.  Read more

Wall Street managers have cost Americans more than $600 billion over the past decade

Over the last decade, fund managers who oversee the pensions of the nation’s teachers, firefighters, police and other government workers have doubled down on an investment strategy that has cost U.S. taxpayers at least $600 billion, possibly more than $1 trillion, investment data and calculations by Yahoo Finance found. Read more

The Perfect Time to Invest Like Warren Buffett

Published by Rebecca Lake, US News & World Report

Buying and holding harnesses a young investor’s greatest asset: time.

Millennials are big on saving. According to Transamerica, 39 percent of millennials are funneling more than 10 percent of their salary into savings. But investing? That’s a different story. Only one in three millennials invests in the stock market, according to Bankrate. Research from Ally Invest found that fear overwhelmingly keeps young adults from investing.That fear could mean missing out on portfolio growth, but buying and holding early on typically pays off in the long run. Just ask the world’s most successful buy-and-hold investor, Warren Buffett.

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Here’s the ‘problem’ half of retirees now face

While no one is going to throw a pity party, there is a growing “problem” half of retirees face.

With retirement account balances at an all-time high, the percentage of Americans projected to be able to maintain their standard of living in retirement rose 2 percentage points from last year, to 50 percent, according to the most recent data from the Center for Retirement Research’s annual National Retirement Readiness Index. Read more