It wasn’t long ago when most people believed retiring with a million dollars was enough to live comfortably through the entirety of their golden years.  A million dollars is certainly a lot of money.  However, times have changed and inflation may be partly to blame. Inflation can cause money to be worth less, products may […]

Investing in your life for post-retirement is one of the most important things you can do for both yourself and your loved ones. And whether you’re retired, newly retired, or almost retired, knowing how to avoid costly mistakes with your investments is an important part of retiring comfortably.

High net worth investors need a strategic overarching plan to maximize the value of their portfolio in the months, years, and decades ahead.  While a fairly simple game plan for investing may suffice for some people, those who have achieved a high net worth need a comparably complex plan.  After all, when you reach high […]

For high net worth individuals and families planning is a necessary component that puts them on track to reach their financial goals. Those with a high net worth often work with financial professionals that specialize in working with them as they typically have different priorities when it comes to their investments, portfolios, and estate plans.  

Do millionaires have special financial planning needs? Yes. Large amounts may be placed in many more types of investments and accounts than those of folks with lesser discretionary income, and these can be complicated to manage. 

What does it mean to be wealthy? There’s no shortage of answers, and frankly, it means different things to different people. High net worth retirement planning not only encompasses investments and money but it also includes less tangible factors such as life experiences, charity, and legacy.

Asset allocation decisions are among the most important choices about investment and retirement portfolios facing high net worth (HNW) individuals. (HNW is generally defined as $1 million or more in assets, excluding real estate.) Why? Because asset allocation decisions, performed correctly, both drive robust returns and protect your capital against erosion. 

High net worth (HNW) individuals are defined as those with liquid assets of $1 million or more. Ever wonder how high net worth retirement planning works or how HNW folks keep that much money? To some degree, they follow sensible investing principles that all investors should follow, such as not spending above their (elevated) means and following a long-term plan.  But […]