It's widely believed that despite the S&P 500 returning 9.5% in the past 20 years, the average investor has only achieved a 3.6% return. Why is that?
Six Life Events that Require a Financial Planner
Sooner or later in life everyone is faced with making a big decision. I have identified six events in life that are easier to navigate with the help of a financial planner. An experienced planner is trained to help simplify financial matters and offer advice to help clients work through life changes.
What Is a Certified Financial Planner (CFP)?
There are many different roles within the financial industry. Individuals looking for specific advice or guidance need someone who has the knowledge and experience within those areas of service. Since many of these specialties and professions overlap, the financial industry can get a little confusing.
Are You Prepared for Retirement? Planning at Age 50
If the thoughts of retirement have entered your mind, chances are it’s time to begin planning. Anyone within 10 years of retirement should have a comprehensive financial plan. Waiting until the last minute usually ends in surprise and disappointment.
Investment Planning During Uncertain Economic Times
If you invest long enough, at some point in time, the world gets turned upside down.
How Can I Earn Compound Interest?
In the realm of personal finance, compound interest is often touted as the eighth wonder of the world. It’s the cornerstone of wealth management and the silent worker behind the curtain in the theater of retirement planning.
What is an RMD? Understanding Your Retirement Obligations
Retirement is a significant life milestone, but it comes with its own set of rules and regulations, especially concerning your retirement savings. One critical question that often arises is, at what age am I required to take the required minimum distributions, also known as an RMD?
When Do I Need a Financial Advisor?
Understanding when to seek a financial advisor is critical to ensure financial health. Whether you're navigating major life events, planning for retirement, or managing investments, having a professional like William Bevins on your side can provide clarity and direction. Knowing the right time to seek advice can make all the difference in your financial journey.
How to Find the Right Financial Advisor?
Finding the right financial advisor is essential for anyone serious about managing their finances effectively. The right advisor can help you reach your financial goals and make informed decisions. In this guide, we’ll walk you through how to find a compatible financial advisor and explain why William Bevins CFP might be the right choice for you.
Is a 401(k) an IRA?
When it comes to saving for retirement, the terms 401(k) and IRA are frequently mentioned. But what exactly are they, and how do they differ?