8 Tips For Financial Independence And Success (Jul 6, 2018)

The true meaning of financial independence is different for everyone. For some people, financial independence is the ability to buy a house, or to support oneself in retirement. For others, it’s the ability to transfer wealth to children or grandchildren. In its broadest sense, financial independence means accruing sufficient assets to support the lifestyle you envision for you and your loved ones, both now and in the future.

Whatever financial independence means to you, it’s worth taking the time to evaluate your success on a regular basis, and to formulate next steps towards financial freedom. SageVest Wealth Management offers 8 tips to help you achieve financial independence and success.

Read More

Trade Tensions Weigh On Investment Outlook (Jul 2, 2018)

SageVest Wealth Management’s most recent quarterly investment commentary is now available, reviewing the second quarter of 2018. Highlights include:

– Second quarter returns remained fairly anemic.

– The economy and the job market remain strong, offering a hopeful outlook, particularly when combined with tax reform.

– Global trade tensions are the primary weight on the markets, leaving investors and businesses wary due to extreme unknowns.

Read More

20 Important Questions To Ask A Financial Advisor (Jun 18, 2018)

There’s a lot to at stake when you’re interviewing a financial advisor to guide your wealth decisions and help you achieve financial security. You want someone who possesses the knowledge, experience and qualifications you need, at a price that’s reasonable, and with a dialogue that’s meaningful to you. SageVest Wealth Management offers 20 important questions to ask a financial advisor across four key categories, to help you make the best choice.

Read More

Affordable Summer Activities For Kids (Jun 12, 2018)

Summer is approaching. That means warmer weather and, for parents of school-age kids, summer expenses.

From summer camp and family vacations, to play dates and pool time, the costs associated with keeping your kids entertained during the long summer days can quickly send your family budget into disarray. SageVest Wealth Management’s sister site, SageVest Kids, offers some tips on how to keep your longer term financial goals on track, with Affordable Summer Activities For Kids.

Read More

Warning: Annuity Sales Could Be On The Rise (Jun 5, 2018)

The outlook for annuities was dim in 2017. Now that the Department of Labor (DOL)’s fiduciary rule has, at a minimum, been postponed, annuity sales could be on the rise, as commission-based agents have the ability to sell in greater volume. Annuities offer slick marketing materials, but sadly, the contents are often misleading. This is largely because they’re considered insurance products, exempting them from many SEC regulations.  We offer tips on reviewing annuities, and red flags to beware of.

Read More

Bonds Versus CDs In A Rising Interest Rate Environment (Jun 1, 2018)

Bond prices and bond investment returns have recently fallen under pressure as interest rates have been rising. As such, some investors are turning to CDs for a guaranteed rate of return in the wake of modest dilution in bond values. While mitigating losses in bonds makes sense and is tempting, SageVest Wealth Management offers the following investment insights in weighing the pros and cons of bonds versus CDs in a potentially rising interest rate environment.

Read More

Inspiring Self-Esteem For Teens (May 23, 2018)

Learning to drive, getting a job, heading to college: these are just some of the new life challenges your teen will face as they become young adults. Having positive self-esteem helps empower them to act responsibly, make wise decisions, and critically evaluate problems and risk. All are important skills to learn in support of their personal, career, and wealth success in adulthood. Together with child development specialist, Jennifer Dunn, SageVest Kids offers some ideas on how to support and inspire self-esteem for teens.

Read More

Finding The Perfect Summer Job Or Internship (May 17, 2018)

Often, a combination of schoolwork and extra-curricular activities can make it challenging for your kids to work during the school year. However, as summer approaches, now’s a perfect time for your teen and/or college student to pick up a summer job or internship opportunity. The benefits include increased confidence, greater employability, and of course, an income. SageVest Wealth Management offers some tips on finding the perfect summer job or internship, courtesy of our sister site, SageVest Kids.

Read More

What You Need To Know About Required Minimum Distributions (RMDs) (May 15, 2018)

Required Minimum Distributions (RMDs) are an important part of your financial landscape in retirement. Most people must start taking RMDs from qualified retirement accounts at age 70½, or earlier for inherited IRAs. Here’s what you need to know about RMDs: what RMDs are, accounts subject to RMDs, important deadlines, and more. Understanding RMDs will help avoid penalties and optimize your distributions for tax purposes.

Read More

National Family Wellness Month (May 7, 2018)

May marks #National Family Wellness Month, a time to focus on health and well-being together by getting active after the long winter, eating right, and thinking positive.

As a top-ranked investment and wealth manager in the DC area, SageVest Wealth Management thinks that your family’s sense of wellbeing should also extend to your finances. A strong financial foundation fosters confidence, security, and peace of mind, supporting a healthy and happy lifestyle for you and those you care about. Here are some tips to ensure financial wellness for the whole family.

Read More