9 Ways To Know If You’re Saving Enough For Retirement (Aug 11, 2017)

Just about everyone thinks about retiring, from what we’ll spend our time doing, to where we’ll live, and more. However, only some of us adequately prepare and save for retirement.

Saving for retirement doesn’t happen overnight, and it can’t be achieved in just a few years beforehand. It typically takes years of focusing on your retirement objectives and capturing savings in support of those goals. If the following characteristics sound like you, congratulations! You’ve successfully embraced the immediate and long-term benefits of saving and are effectively focused on your long-term financial needs.

Read More

What To Consider Before You Retire Part-Time (Jul 19, 2017)

The word ‘retirement’ often has the connotation of an immediate and complete transition out of the workforce and into an uninterrupted life of leisure. However, for many individuals, full-time retirement might seem too abrupt, particularly if your work represents a significant part of your identity and is fundamental to your financial well-being. If this rings true for you, you might consider transitioning into retirement. Working part-time as you approach retirement can help to reduce stress and free up personal resources, while offering professional and financial perks.

As with all major life, work and financial decisions, there are a number of important factors to evaluate. SageVest Wealth Management’s ‘top of the list’ questions to ask include the following recommendations.

Read More

SageVest Wealth Management – 10 Years As A Fee Only Financial Advisor (May 15, 2017)

Jennifer Myers, CFP ® established SageVest Wealth Management in May 2007, to provide high quality, customized, and comprehensive investment management and financial planning services to individuals, families, and business owners in the Washington, DC area and beyond.

A decade later, and with twenty years of experience, Jennifer’s the recipient of multiple top advisor awards, including Washingtonian Top Financial Advisor, and SageVest Wealth Management is celebrating our tenth anniversary! This seems an ideal time to thank our clients, and to offer a quick reminder of our services, our fields of expertise, and the core principles that guide us in pursuit of your financial and life goals.

Read More

Graduation Gifts For Financial Success (May 3, 2017)

Congratulations if your child, grandchild, or other family member is about to graduate from college! Attaining a degree is an accomplishment worthy of celebration. It’s also a time for your grad to transition into independence, learning financial and life responsibilities to achieve future success.

If you’re searching for a meaningful graduation gift to encourage lifelong wealth, SageVest Wealth Management advisors offer ten of our favorite financial gifts for college graduates.

Read More

12 Tips For A Successful Retirement (May 2, 2017)

The notion of retirement is both alluring and complex. It’s the period in your life when you want to enjoy yourself, in good health, with the resources available to fulfill a variety of life ambitions.

Today, your retirement may extend over several decades, offering incredible opportunities to enjoy, partake, and experience a host of life adventures. However, longer retirement periods also require greater resources, and planning ahead is essential. Here are twelve tips for enjoying a successful and rewarding retirement.

Read More

Managing Healthcare Costs In Retirement (Apr 21, 2017)

The cost of healthcare is a common concern for most Americans. For retirees, it’s often their number one financial priority. A combination of quickly rising health insurance costs and the potential for increased medical needs as you age can make planning for healthcare in retirement complex, unpredictable, and therefore, worrisome.

However, there are actions you can take to mitigate your risks, minimize your healthcare costs, and help you enjoy a happy and healthy retirement.

Read More

Downsizing Your Home (Apr 11, 2017)

For decades, home sizes have been increasing. The average American home today is about 1,000 square feet bigger than it was in the 1970s. Now, however, a competing trend is emerging. Led by the ‘Tiny House’ movement, there’s a shift towards enjoying a more minimalist lifestyle and downsizing to more sustainable living spaces.

There are a host of reasons why you might be considering downsizing your home. It may be in preparation for aging, to reduce living expenses, to simplify your lifestyle, for eco-friendly principles, or more. Whatever the reason, downsizing involves serious consideration. There are a lot of decisions to make as you embark on your downsizing journey.

Read More

Decluttering Your Life (Mar 22, 2017)

Papers, mementos, clothes, and more: there are many reasons why we amass an abundance of things that can end up making our homes look and feel messy. Keeping clutter under control enhances your home’s attractiveness, function, and value, and numerous studies prove that it can improve your overall outlook on life.

Your desire to declutter may be a response to a life event, like inheriting belongings from a family member, deciding to downsize your home, the end of a relationship, or the start of a new one. Regardless of the impetus, there’s a process to calming your clutter.

Read More

Is Maxing Your 401(k) Enough? (Mar 6, 2017)

If you’re like most Americans, a 401(k) or similar retirement plan represents the bulk of your long-term savings. Every year, the IRS places limits on the annual contributions you can complete to these and other qualified retirement plans. Too often, people mistakenly think that if they’re contributing these maximum annual amounts, they’re saving as much as they need. While these limits might be acceptable for some individuals, they may not be adequate for everyone. The reality is that the amount you need to save for retirement hinges upon the following five key factors.

Read More

Housing Choices In Retirement (Feb 17, 2017)

For many of us, our home is our largest asset. It also represents one of the biggest decisions to be made in retirement. Choosing whether to stay in your home or to move is a common consideration, as you enter retirement or at a later date. There are a multitude of things to contemplate, including location, family and friends, memories, climate, home maintenance, finances, and your health, just to name a few.

If you, a family member or a friend are deliberating on this topic, SageVest Wealth Management offers some insights into the most important aspects of this decision, to help you evaluate your housing options, now and longer-term.

Read More