I have worked hard growing my business, but now I have a lump sum that I need to last through my lifetime and provide for my family.
1. Investments Build an investment plan that “fills the buckets,” identifying how much you need allocated to an income strategy to YIELD the income you need in retirement so you are not basing the success of your retirement plan on the outcome of equity returns and the stock market’s success. The income portion of the portfolio […]
As I continue my business and personal success, how do I manage the consistent cash flow that I am generating? Where do I put the next $20,000 of cash that I make from my business? 529 plan for kids? Second home? Retirement account? Pay down my mortgage?
We’ll need to learn more about your situation before giving a proper recommendation but here are some things you should keep in mind while managing your cash flow. 1. Investments Our primary focus is on managing your investments, and the only way that we generate our fees is on the value of the assets that […]