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.
For 2023, Social Security Retirement and Supplemental Security Income (SSI) benefits increased due to inflation. Social Security was meant to be one source of retirement income, with monthly retirement income from other strategies such as Traditional and Roth IRAs, Annuities, and Cash Value Life Insurance.
Florida is a hot destination for retirees. To spend your golden years in West Palm Beach, you’ll need a comprehensive portfolio that supports your optimal lifestyle. How do you achieve
In estate planning, we often talk about gifts and gifting, typically within the context of money, assets, and taxes. Kent Phelps, attorney and Trajan Estate CEO, believes that our values are the most important gifts we can give our heirs. Among these, the gift of work ranks as one of the most valuable. Phelps shares his story here.
The US financial markets have been performing well in 2023, with stocks and bonds showing strong returns up until the end of May. However, there are signs of stress in the “high yield” corporate credit market due to higher front-end interest rates (maturities of 1-5 years). We anticipate increased market volatility in the future, as financing costs continue to rise rapidly, potentially impacting economic growth and corporate profits.
Having enough retirement income is a top concern for many Americans nearing or in retirement. Having enough retirement income for what you need and want is essential and must be planned for, even in the best economic conditions. A way to provide income safety is by using annuities as an asset class in your retirement portfolio. Here’s a brief overview of the different types of annuities that can provide an alternative for retirees seeking income and safety.
Life insurance is a great addition to your portfolio that help can protect your loved ones and beneficiaries if you unexpectedly pass away. While no amount of money can ease the grief of losing someone, life insurance may help reduce the financial burden they may face. It’s important to know how life insurance works and what to consider when purchasing life insurance, so you can make an informed decision before you buy.
