At Allgen we define the Financial Freedom stage as the point when you have accumulated enough assets and/or income streams to maintain your lifestyle without having to depend on a paycheck from work. While the Formation (accumulation) stage focuses on the growth of assets, the Freedom (preservation) stage focuses on ensuring the assets last your
The Long and Short of It (Summary): The yield curve has inverted which has historically preceded a recession Current sentiment shows extreme optimism which could be a negative for the market Fed futures pointing to potential rate cuts could be good for bonds 1st Quarter Review U.S. stocks had one of their strongest quarters since
A lot of entrepreneurs and small business owners are focused on growing their business (as they should be). However, sometimes business owners are so preoccupied with growing their business that they forget to save for their retirement. Consider a small business retirement plan designed to save for your future and potentially help your tax bill.
Freedom Planning Mindset Do you remember how it felt to look at the world and believe anything was possible? Can you remember feeling the freedom to chase your aspirations, free from fear and doubt? As you read this, let’s explore your imagination and wander to those dusty forgotten corners of your mind. If you are
How Could a Disability Affect Me? Most workers seldom think about the financial consequences of long-term disability. Yet the loss of earned income during an extended disability can be financially devastating. Not only is earned income lost but medical bills are likely being incurred, savings are reduced or depleted, employee benefits may be lost, and
The Long and Short of It: Markets continue to rise despite political unrest, natural disasters, and the stock market hitting all-time highs.The strengthening economy could cause inflation which could lead to higher interest rates. 3rd Quarter Review Stocks continued to rise in the third quarter. Small US stocks and developed international markets lead the way,
The Long and Short of It: – International and Emerging markets continue their outperformance – The Federal Reserve plans to reduce bonds potentially having a negative effect on the market and bonds 2nd Quarter Review Stocks continued to plug away in the second quarter. As was the case in the first quarter, international and emerging
And just like that – half of 2017 is gone. We entered the year expecting changes due to political and social movement. And while many may say that the anticipated changes have not yet fully manifested themselves, we have witnessed change at Allgen. Among these changes, we have wished Cassy Morrison farewell in her new
Life Insurance Who was this article written for? Foundation Formation Freedom First, let’s discuss what life insurance is. Life insurance provides a payout to beneficiaries of the deceased upon their death. But wait: there is so much more! At Allgen, we take a look at the individual or family’s whole financial picture, and we guide
The Long and Short of It: * While elections can cause uncertainty, statistics show that the most likely outcomes have historically resulted in decent market returns * European banks, namely Deutsche Bank, have been under serious pressure, but we do not believe they are the next Lehman Brothers * Odds favor an interest rate increase