News – Preserve Your Wealth

Asset Protection 101

Most people are not familiar with the term “Asset Protection” (hereinafter AP). You might think the term has something to do with protecting your valuable assets from someone or something and you’d generally be correct. Let me define what I mean when I say AP: AP is protecting your money/assets from anyone or anything that […]

Fidelity’s 45% Rule: Should You Really Use It as a Guide to Retirement Savings?

Financial services giant Fidelity has a rule for retirement savings you may have heard of: Have 10 times your annual salary saved for retirement by age 67. This oft-cited guideline can help you identify a retirement savings goal, but it doesn’t fully account for how much of those savings will cover in retirement. Enter Fidelity’s 45% rule, which […]

Your REAL Life Expectancy Can Dramatically Affect Your Retirement Plan

While it’s a topic many would like to avoid talking about, dealing with life expectancy is vitally important when mapping out your retirement plan. Any retirement plan that doesn’t make certain assumptions about when clients are “expected” to pass away isn’t very good. What’s the best way to calculate your Life Expectancy (LE)? There are three simple ways to […]

Controlling Your IRA Assets from the Grave

Protect IRA Assets from Your Children’s Poor Decisions More and more wealth over the coming years will transfer between generations as our population ages. Investment News stated recently that there will be more wealth transferred from one generation to the next over the next 20 years than in any time in our country’s history. Much […]