03/29/2018
Our goal as investors is to make sure our money grows and out paces inflation, the market has historically performed over the long term...can you imagine turning $1 into thousands??
Helping individuals, advisors, record keepers and employers provide easy to understand education support for retirement plans.
03/29/2018
Our goal as investors is to make sure our money grows and out paces inflation, the market has historically performed over the long term...can you imagine turning $1 into thousands??
11/07/2017
Why wait till Retirement? In one of the featured countries you can live off of less than $900/month!!! This includes rent, utilities, food, and healthcare!!
Retire Comfortably off of $1,300/month!! - NorthNest 3 sunny places to retire — on just a Social Security check ($1300/mo) According to August 2017 data from the Social Security Administration, the average Social Security retirement benefit is $1,371 per month. Many Americans get professional help to plan their retirement, but in case you only have yo...
11/06/2017
Are you a SUPER SAVER?? are you willing to cut out the unnecessary spending to achieve long term financial goals?? This NFL player lived off of $25k/year!!! 💰
Ex-NFL player who lived on $25,000 a year shares his key to saving money John Urschel lived on about 4 percent of NFL salary.
10/25/2017
Will tax reform affect 401(k)s or not?? The truth...to be determined.
https://amp.businessinsider.com/trump-401k-retirement-savings-tax-reform-plan-2017-10
09/15/2017
How much do you think you'd have if you saved the cost of buying an each year in to your retirement account? NorthNest, LLC did the math... What's cooler, or an extra ?
Whether you've been impacted or not by the Equifax cyber security incident, Equifax is offering free enrollment in their ID protection program...so check to see if you've been impacted and Enroll in the program for FREE!
https://www.equifaxsecurity2017.com/
Cybersecurity Incident & Important Consumer Information | Equifax September 7, 2017 — Equifax Inc. (NYSE: EFX) today announced a cybersecurity incident potentially impacting approximately 143 million U.S. consumers. Criminals exploited a U.S. website application vulnerability to gain access to certain files. Based on the company’s investigation, the unauthorized a...
08/30/2017
What does tax reform mean for your retirement plans? Well 401(k)s have become the new target as congress calculates $584 Billion in lost tax revenues due to pre-tax contributions. Don't let these surprises de-rail your hard work. Plan wisely and always reach out to the professionals with questions.
http://www.pionline.com/article/20170821/PRINT/170829981/tax-reform-efforts-put-retirement-plans-at-risk
Tax reform efforts put retirement plans at risk Retirement industry lobbyists are bracing for the worst as Washington prepares for the next big battle over tax reform.
08/07/2017
"This implies that the average 56-61 year old pre-retiree household's savings can only be expected to produce about $6,340 in sustainable income" ...PER YEAR!!!! Thanks The Motley Fool for the article and perspective.
https://www.fool.com/retirement/2017/08/06/how-an-ira-could-help-the-average-american-save-fo.aspx
07/25/2017
Save yourself from making these mistakes! Great insight from an industry expert!
https://www.benefitnews.com/list/10-biggest-401-k-plan-misconceptions
10 biggest 401(k) misconceptions Employees have some simple but significant false ideas about their retirement plans. And employers need to do a better job addressing them during education sessions.
07/21/2017
When Tony Robbins asked billionaire Warren Buffett a few years ago, "What made you the wealthiest man in the world?" Buffett replied, "Three things: Living in America for the great opportunities, having good genes so I lived a long time, and compound interest."
"The biggest thing about making money is time, You don't have to be particularly smart, you just have to be patient."
Link Here to the 13 pieces of money advice you can't afford to ignore...
http://www.businessinsider.com/money-advice-you-shouldnt-ignore-2017-3/ #-13
05/01/2017
Top 4 out of 8 Mistakes!!
1. Carrying Credit Card Debt--if you cant afford it in cash, you can't afford it on credit!
2. Little to no emergency Fund--a savings account you dont use unless emergencies...
3. Not saving for Retirement and not increasing your savings ratios when you get a raise
4. Relying entirely on a 401k for retirement...you'll need more!
..can you guess the next 4 without reading the article??
http://www.businessinsider.com/8-money-mistakes-the-middle-class-keeps-making-2017-3?utm_content=buffer664f1&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer-bi
8 money mistakes the middle class keeps making When it comes to money, the American middle class faces a range of unique challenges. But, are all of our money woes the result of economic issues? Not quite.
Q: At what age should you start saving for retirement?
A: The Short answer is YESTERDAY!! The long of it is, depending on the lifestyle you would like in retirement it could take anywhere from 30-40 years to comfortably save enough money to support your retirement years. YIKES!!! Your best bet is utilizing tax sheltered accounts like IRA's or 401ks. This allows you to grow your savings over time. Before you know it you'll be saying goodbye to your job and hello to freedom!
Get your retirement evaluation with NorthNest! Make an appointment today.