Back in the day, when your car was making strange noises or throwing error lights on the dashboard, your mechanic simply needed a trained eye and ear to figure out the problem. Today, a mechanic needs advanced mechanical and computer training to diagnose the issue; the engines and systems have become more complex. More often than not, your engine is now hooked up to a computer to properly diagnose…
If you have ever been laid off, you know what it feels like when the paychecks stop. While retirement isn’t exactly the same, a large amount of your paychecks must come from your financial capital. This capital must last a lifetime, through up and down markets. Through good economic times, and bad ones too. Through all health conditions, healthy or sick. Reliable, predictable income in retirement provides greater peace…
Soulful singer Adele sings out beautiful songs. She can also grow facial hair, ever since she became pregnant and had a child. That’s unexpected. It seems that she isn’t the only one who has had unanticipated side effects due to pregnancy. Here are some other effects women have experienced as a result of pregnancy: Hair can change colors, typically turning much darker. Sense of smell becomes so sensitive that…
The habit of “beginning with the end in mind” was introduced 25 years ago by Dr. Stephen R. Covey in his groundbreaking bestseller, ‘The 7 Habits of Highly Effective People’. This means that you should have an image of the end of your life as your frame of reference, so you can plan appropriately today. This concept is used in many areas: leadership, entrepreneurship, project management, sports competition, personal…
If you know someone who lived through World War II, they may give you good ideas for living frugally. Of course, they had no choice back then, and much of what they may suggest would seem over the top today: Use food cans as drinking glasses. Only turn one lamp on after dark. Reuse paper towels until they fall apart. Imagine a retirement where you HAD to live frugally,…
I’ve talked about the dangers of Do-It-Yourself (DIY) planning before… and I can’t say it enough. Doing anything yourself, unless you are trained and experienced, can be both dangerous and costly. Sound like an extreme statement? Think of something you would likely not consider fixing yourself. Here are my examples: My phone. My heart. … Ready for some real-life application of DIY dangers? Married couple Rudy and Susan were…
What percentage of wealth lasts at least 3 generations? Have a number? Keep that in mind and read on: A short list of worst decisions ever made: Mars Candy, maker of M&Ms, didn’t see the profit of showcasing their candy in the movie E.T. Meanwhile, Hershey jumped at the chance. Hershey’s Reese’s Pieces candy sales jumped – 65 percent – the month E.T was released. In 1962, Dick Rowe,…
There is a 40 to 50 percent chance that one half of your inheritance to one of your children or grandchildren could be lost! How? It’s one of the four wealth predators: Divorce. It’s not a fun topic, and we’re sorry to bring it up, but the data doesn’t lie: according to the American Psychology Association, about 40 to 50 percent of married couples in the United States divorce….
Don’t let this happen to you: In his autobiographical book American Sniper, former Navy SEAL Chris Kyle described a 2006 incident in which he punched out an unidentified man at a bar who was taunting him and saying that the Navy SEALS “deserve to lose a few.” The man was basically suggesting that a few more Navy SEALS should die. It turns out that the unidentified man was former…
In the United States, the tradition of taxing assets at death began with the Stamp Act of 1797. Congress repealed the Stamp Act in 1802. However, a pattern was set, and for the next hundred years or so, estate taxes were used as a way to finance wars. The Revenue Act of 1916 introduced the modern-day income tax and also contained an estate tax. Estate taxes were increased in…
A broker/dealer, investment advisor, BD agent or IA rep may only transact business in a particular state after licensure or satisfying qualifications requirements of that state, or only if they are excluded or exempted from the states broker/dealer, investment adviser, or BD agent or IA rep requirements, as the case may be; and follow-up, individualized responses to consumers in a particular state by broker/dealer, investment adviser, BD agent or IA rep that involve either the effecting or attempting to effect transactions in securities or the rendering of personalized investment advice for compensation, as the case may be, shall not be made without first complying with the states broker/dealer, investment adviser, BD agent or IA rep requirements, or pursuant to an applicable state exemption or exclusion.
Investments, products and services available only to residents of: California (CA), Colorado (CO), Connecticut (CT), Delaware (DE), Florida (FL), Georgia (GA), Maine (ME), Massachusetts (MA), Nebraska (NE), New Hampshire (NH), New Jersey (NJ), New York (NY), North Carolina (NC), Pennsylvania (PA), Tennessee (TN), Texas (TX), Utah (UT), Vermont (VT)..
Form CRS, click here.
Securities offered through Triad Advisors, LLC Member FINRA / SIPC. Advisory services offered through Granite State Retirement Planning, Inc., a Registered Investment Advisor. Granite State Retirement Planning, Inc. and Triad Advisors are unaffiliated.
