Mike Palmer Managing Principal Ark Royal Management 3700 National Drive, Ste. 218 Raleigh NC 27612 919-710-8655 Wouldn’t most of us like to lose a few extra pounds or commit to a daily fitness routine? The challenge comes in actually doing what is required to achieve those goals. We start eating healthy, but can’t resist a late night bowl of ice [...]
When credit-reporting company TransUnion polled boomers recently regarding their credit score, nearly half thought it was no longer important. They were wrong. Your credit is a vital financial tool at every age because it predicts the likelihood you’ll pay your bills. Lenders use it when offering a mortgage, auto loan or credit card. Insurers also look at it to set [...]
Linda P. Erickson Linda P. Erickson, CFP®, is the president of Erickson Advisors and a registered principal offering securities through Cetera Advisor Networks, LLC, 336-274-9403 [email protected]. When a spouse dies, most widows go through a predictable, but no less devastating, series of emotions. Kathleen Rehl, an acknowledged expert on this subject, says there are perhaps three stages of this [...]
Linda P. Erickson Linda P. Erickson, CFP®, is the president of Erickson Advisors and a registered principal offering securities through Cetera Advisor Networks, LLC, 336-274-9403 [email protected]. Financial abuse of seniors is on the minds of “watchdogs” and increasingly reported in the press. Most of us react with a shrug and a “Not me or mine.” Actually, we need to [...]
Linda P. EricksonLinda P. Erickson, CFP®, is the president of Erickson Advisors and a registered principal offering securities through Cetera Advisor Networks, LLC, 336-274-9403 [email protected] used to be a good thing. Maybe it still is, but the challenges of living a long life, maybe more than you had planned for, should be named and discussed — and the sooner the [...]
Dr. Larry Hungerford, a former WSSU professor, is a partner at Bermuda Run’s Woodard & Company Asset Management Group, managing $460 million for clients. The best gift you can give a young person is one that lasts and grows more valuable each year. Uncle Sam has provided three awesome tax shelters that you can fund for young members of your [...]
Draw now or wait until later. It’s a dilemma facing most Boomers as they approach the Magic 60s. The federal government allows retirees to draw Social Security as early as age 62 which more than 40 percent of Americans take advantage of today. But many of them may be making a mistake, says Reid Abedeen, a partner at Safeguard Investment [...]
Linda P. Erickson Linda P. Erickson, CFP®, is the president of Erickson Advisors and a registered principal offering securities through Cetera Advisor Networks, LLC, 336-274-9403 [email protected]. I know we all have expectations regarding our investment portfolios. Rate of return, amount of interest or dividends we can take, and how long the income will last are among the most often [...]
Linda P. Erickson Linda P. Erickson, CFP®, is the president of Erickson Advisors and a registered principal offering securities through Cetera Advisor Networks, LLC, 336-274-9403 [email protected]. When you come to the decision that you need to hire a Financial Planner, where do you start? The obvious answer is to ask your more successful friends, perhaps those that have retired [...]
Hard times aren’t necessarily the problem for many families who are just squeaking by. According to a recent survey, which focused on families who pulled in more than $75,000 annually, 44 percent of those living paycheck-to-paycheck blamed their money woes on lifestyle purchases such as dining and entertainment. That percentage jumps to 71 percent for the under-30 crowd. A third [...]
