from the Desk of Brian Bickett, CFP®
Rule of Thumb…
While a “Rule of Thumb” can be a great initial step and a motivator for some to get started, they are generally based on a large number of data points and based on the average experience.
Each individual’s unique circumstances, goals and life events will likely take them in one direction or another away from the rule of thumb.
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Brian can help you develop a roadmap to get you from where you are to where you want to go — and then put it in action, making your money work for you to avoid behavioral mistakes.
Anonymous data on the actual saving habits of tens of millions of people by the Employee Benefits Research Institute points to a surprisingly simple rule of thumb for retirement savings. The article spends a significant amount of time explaining why rule of thumb’s are just that, a rule of thumb, and how needed savings rates can vary from person to person based upon individual circumstances and goals.
During a phone call with President Trump, India’s Prime Minister cut the import tariff on Harley Davidson motorcycles in half, from 100% to 50%, Trump says he’s not done yet.
Finally enjoying the sunshine…
Additional Articles You May Find Interesting
Article written by Brian Bickett You and I both know that South Dakota was ranked the best state for retirement in Bankrate’s 2018 “Best and worst states for retirement” study which is summarized here. The study ranked South Dakota #1 overall based on rankings...read more
Summary of the 2019 Social Security Trustees' Report Article written by Brian Bickett Earlier than in the past, the Social Security Board of Trustees released their annual report at the end of April this year. The report for 2018 spans 270 pages that go...read more
Article written by Brian Bickett Do I have enough life insurance? It’s a simple question with a simple answer. However getting from the question to the answer requires a bit of exploration. And that exploration always begins with “Can you tell me why...read more
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