Considerations for High Net Worth Financial Planning
Protect Your Wealth and Build a Strong Financial Future Planning for the future is critical for all of us, but this is particularly true if you’ve built significant wealth. High-net-worth financial planning can help you plot a strong course forward for yourself and your family and allow you to enjoy the contentment that comes with preparation. If you are a high net worth (HNW) individual, you’ll have different considerations to think about as you plan. Your financial plan can often come with added nuance and complexity, too. When there’s a lot on the line, it’s smart to begin […]
Investor Psychology: Common Biases that Can Harm Your Portfolio
Are You Your Own Worst Enemy When It Comes to Your Investments? As humans, we all have instinctive behavioral biases that drive and influence our decision-making. It all stems from investor psychology; you may think that this doesn’t apply to money matters, but the fact is that for many of us, our emotions play a larger part than we realize in determining how we choose to manage and invest our money. Behavioral finance is a field of study that focuses on our behavioral biases – the psychological factors that influence investor decision-making in the financial markets. Researchers in […]
Retirement Planning Tips for Women
It’s Never Too Late to Take Control of Your Financial Future Retirement planning tips for women can help you overcome the significant disadvantages women face in saving for retirement in comparison to men. From the impact of the gender wage gap compounding over a lifetime to the fact that women are more likely to leave their jobs to take on caregiving responsibilities, women often spend less time in the workforce and earn less money than men in the same age group. As a result, their retirement savings, Social Security benefits, and pension benefits are often lower. Complicating matters even […]
