Sentences with phrase «financial advisor said»

On the Today show this morning, a well known financial advisor said that people holding bond funds could be hurt very badly in the coming year.

Financial advisors say workers who are already close to retirement probably will witness fewer dramatic changes to the structure of Social Security and Medicare than younger workers like millennials.

Financial advisors say some clients simply struggle to say no, and others face pressure from the organization itself.

Yet financial advisors say you shouldn't let this development spook you from staying the course when it comes to your investment goals.

One financial advisor says becoming filthy rich someday starts with taking small but important steps now.

Financial advisors say that, whether 4 percent should be an assumed safe withdrawal rate or not, a person's individual circumstances dictate how much they can afford to take out each year.

Though if you are concerned about rising rates, here's what financial advisors say you should keep in mind:

Financial advisors say investing in your health is as important as investing in the market when it comes to planning for medical costs in retirement.

Three out of five financial advisors say more than half of clients are more concerned about retirement security than last year.

On its website, the SSA says, «Social Security replaces about 40 percent of an average wage earner's income after retiring, and most financial advisors say retirees will need 70 percent or more of pre-retirement earnings to live comfortably.»

Even if you're near retirement or are recently retired, financial advisors say most investors in their 50s and 60s will need to have a significant portion of their retirement portfolio in stocks for long - term growth.

That's why you may actually hear your financial advisor say «no.»

Many financial advisors say relying solely on your savings means you're likely operating your business at a loss.

Financial advisors say concerns about debt, benefits, taxes and cash flow are often the primary reasons they decide not to walk down the aisle.

Retirement confidence has risen as stock market returns have climbed and property values have recovered, researchers and financial advisors say.

U.S. Census Bureau data shows adults older than 50 are among the fastest growing segment of unmarried couples in the U.S. Financial advisors say concerns about debt, benefits, taxes and...

Millennial moms may think they're too young to buy life insurance, but financial advisors say new parents often need life insurance the most.

I don't plan to experience this much before age 71 but depending on what my financial advisors say, that too could change.

So, some financial advisors say that you should contribute to your RRSP and then use the tax refund to pay down your debt, that way you get the best of both worlds.

As my financial advisor says, any debt that you're making money on is good debt, and you want as much of it as you possible can have.

Our financial advisor says that we do not need a trust because we have named both of our grown children as beneficiaries on all of our accounts and on the deed to our house.

On its website, the SSA says, «Social Security replaces about 40 percent of an average wage earner's income after retiring, and most financial advisors say retirees will need 70 percent or more of pre-retirement earnings to live comfortably.»

Most financial advisors say that it's never a good idea to pay with anything but cash; however, besides the convenience factor, a...

Most financial advisors say that it's never a good idea to pay with anything but cash; however, besides the convenience factor, a savvy consumer can find ways to eke out a little benefit from choosing plastic over cash from now until April 15th.

Some financial advisors say staggering your requests during a 12 - month period may be a good way to keep an eye on the accuracy and completeness of the information in your reports.

Financial advisors say one of the biggest mistakes cottage owners make is assuming that somebody else in the family actually loves the place as much as they do.

Most financial advisors say you'll need about 70 percent of your pre-retirement earnings to comfortably maintain your pre-retirement standard of living.

Most financial advisors say that it's never a good idea to pay with anything but cash; however, besides the convenience factor, a...

A recent survey of financial advisors conducted by an independent firm and commissioned by Allianz reports that nearly eight in 10 (78 percent) financial advisors say they would recommend tuition insurance for students taking out loans while more than seven in 10 (72 percent) say they would recommend it for first - year college students.

Financial advisors say that you should have life insurance in an amount that equals the amount you expect to earn up until your retirement, plus the value of all outstanding debts.

Financial advisors say keep money liquid and we think realestate investment.

Some financial advisors say a good rule of thumb is that your investments and savings should be at least double the value of your home, if the home is paid off.

Not exact matches

«At first, we thought AMT repeal would be great for our clients,» said Leon LaBrecque, JD, CFP, managing partner and CEO of LJPR Financial Advisors.

«It's ironic, because if you look at his proposed tax plan, he is in effect leaving the AMT system in place,» said Marianela Collado, CPA and CFP with Tobias Financial Advisors.

«Attaining millionaire status doesn't mean much anymore,» says financial planner Vid Ponnapalli, founder of financial planning firm Unique Financial Advisors in Holmdel, Nefinancial planner Vid Ponnapalli, founder of financial planning firm Unique Financial Advisors in Holmdel, Nefinancial planning firm Unique Financial Advisors in Holmdel, NeFinancial Advisors in Holmdel, New Jersey.

If you have other children, you need to think about how your decision to help one child will affect the rest of the family, said Mitchell Kraus, financial advisor and owner at Capital Intelligence Associates in Santa Monica, California.

Financial advisor Tom Balcom, founder of 1650 Wealth Management in Fort Lauderdale, Florida, said he has seen clients who take on their adult child's bills when the children lose their job.

Although all states now have «no fault» divorce proceedings, some jurisdictions still take into account the grounds for divorce when dividing assets, said Justin Reckers, a certified financial planner, divorce financial analyst and CEO of WellSpring Divorce Advisors.

«Most millennials have zero confidence in Social Security,» said Jean Wilczynski, a financial advisor in Old Lime, Conn..

Financial advisor Manisha Thakor says the year - end holiday season is the perfect time to take these three key tax - strategy steps.

«We are so much more like our grandparents behaviorally than our parents,» said Chantel Bonneau, a millennial and financial advisor with Northwestern Mutual.

«Being in the insurance and financial services industry, I'm always looking for ways to set myself apart, build my business and add value for my clients,» says Randy Rosler, a financial advisor with MetLife's Strategic Planning Group.

Financial advisor Manisha Thakor says the year - end holiday season is the perfect time to take three key tax - strategy steps, such as income deferral.

About 90 percent of North Korea's trade is with China, and Chinese junket operators are well equipped to use the formal banking sector and informal financial networks created by the Chinese traders and small businessmen who've crisscrossed the world for 1,000 years, says Andrew Klebanow, a senior partner at Global Market Advisors LLC in Las Vegas.

Since those investors are just looking for the highest returns, and not say buying bonds their financial advisor told them they needed bonds as part of their retirement planning, they are more likely to jump when rates rise.

It only makes sense to put in for benefits early in limited circumstances, said John Piershale, wealth advisor at Piershale Financial Group in Crystal Lake, Illinois.

Not so fast, says Evelyn Jacks, a financial advisor, author and tax expert — in fact, people understand exactly what's going on, which is why they're so mad about it:

However, there are some pros to these much - maligned financial products, say advisors.

Certified financial planner Thomas Henske of Lenox Advisors says the onus is on parents to educate their children about financial literacy.

So if you're looking to buy an apartment or house in the next two to four years, you want to have that savings in cash, said financial advisor Roger Ma, founder at Lifelaidout in New York.