Having money spread across several accounts can create an impression of broad diversification. Michael L. Niemczyk brings attention to why the number of investment accounts someone owns may reveal relatively little about how diversified the overall portfolio actually is. Over a career, it is common to accumulate assets in different places. A worker may participate… Continue reading Why Having Several Investment Accounts Does Not Automatically Mean a Portfolio Is Diversified
Category: Michael L. Niemczyk
Why a Retirement Portfolio May Need to Change When Saving Turns Into Spending
Retirement changes the purpose of a portfolio in an important way. Michael L. Niemczyk brings attention to the transition from regularly adding money to investment accounts to potentially relying on accumulated assets for ongoing expenses. During working years, investors may spend decades contributing to retirement accounts while concentrating on long-term growth. Once retirement begins, the… Continue reading Why a Retirement Portfolio May Need to Change When Saving Turns Into Spending
The Lifetime Tax Map: Why Your Retirement Tax Strategy Should Start 10 Years Before You Retire
A lifetime tax map allows individuals to see beyond the next filing season and understand how decisions made today can shape financial outcomes decades into the future.
The Financial Benefits of Philanthropy – How Charitable Giving Can Enhance Your Financial Plan
This article will explore how thoughtful philanthropy can enhance your financial plan and provide a greater sense of purpose in your financial decisions.