WORTH MAGAZINE ARTICLES
We are excited that Richard P. Slaughter Associates has partnered with Worth magazine to provide articles for the bi-monthly publication. Slaughter Associates has long focused on sharing our knowledge and educating our clients, potential clients and partners, so this opportunity was a natural fit for us.
Establishing a trust is only the first step in successfully transferring wealth to heirs. The second phase requires a series of maneuvers through complex emotional and financial issues.
A comfortable retirement is the goal of every worker. But if employees—and their current employers—do not take steps now, we could be facing a national crisis. The looming problem? The average retiree is unlikely to be able to sustain his or her desired lifestyle throughout retirement.
Exchange-traded funds, generally referred to as ETFs, have exploded in popularity. ETFs’ many positive features explain why investors are increasingly drawn to these products. However, before you call your money manager, you need to be aware that exchange-traded products also have some hidden costs.
Family wealth has its own life cycle. In too many cases, the first generation builds the wealth, the second generation spends it and the third generation must start from scratch to rebuild what should have been a secure family financial legacy. There are, however, ways to stop this common progression.
The wait for 408(b)(2) is over. This new Department of Labor regulation now requires disclosure of all 401(k) plan fees. How will you handle employee reaction to this new disclosure and use it increase enthusiasm for this valuable workplace benefit?
Stress is a part of life. Dealing with it in your fixed-income portfolio is crucial, not only for your peace of mind, but to ensure that your earnings continue to meet your financial goals and lifestyle needs.