A blog for everyday financial tips, Trajan news updates, and more
Learn why short-term market predictions often fall short and how Trajan Wealth looks at a “median” estimate instead, highlighting a range of returns over asset classes that should capture the bulk of probable future outcomes.
Recently, Congress has implemented the SECURE Act 2.0, a momentous reform of the retirement savings plan. This new law represents one of the most comprehensive changes to retirement plans since the advent of automatic enrollment and the addition of Target Date funds back in 2006. With the intention of helping Americans to more adequately prepare for their future financial security, this Act offers considerable changes that should make retirement savings more achievable.
The U.S. is facing a gender investing gap with men investing and accumulating wealth at a faster rate than women. To ensure women have enough retirement assets for their long life expectancy, closing this gap is crucial. Statistics from WorldData.info show that women on average live to be 80.2 years compared to men’s 74.5 years. It is essential that we work together to reduce the gender investing gap.
It’s important to consider a few things before making your decision to work once you retire. Your monthly payment, among other things, might be impacted, so make sure you’re in the know.
Our deep-seated emotions surrounding money and investing are not always easy to pinpoint, yet they remain strong nonetheless. Behavioral science provides a clearer picture of why we make investment choices, as well as the emotional triggers behind them.
If Dallas is poised to be your retirement destination, congratulations—you’ve picked a winning spot to enjoy the outdoors and one-of-a-kind charm. Whether you are a local or planning to become one, read our insights for a fruitful Dallas, Texas, retirement, including tax-related and housing details you may not have considered.
Gifting to your loved ones while you’re alive can be a beautiful gesture – plus, it offers you a unique opportunity to observe and assess how they handle money. What’s more, there’s an important question around this type of gifting – how much can be gifted without paying gift taxes?
