IWM Investment Management Traverse City MI
Wealth Management Services In Traverse City

How to be happy in retirement

July 23rd, 2014

Happiness in retirement is the main goal for most all soon to be retirees. While a larger percentage of our happiness is dictated by genetics and other factors outside of our control, there is a small percentage that can be controlled. This is where the retiree needs to make a concentrated effort in creating a positive experience in their golden years.

Read Full Article Here…

Article written by: Robert Powell

Published by: USA TODAY Online

Growing Demands, Uncertain Future – Soical Security System

June 23rd, 2014

Check out the Small Saving chart on the right side of the page. Shows a huge disparity in reported total savings and investments by age.

View Social Security Charts Here…


What You Don’t Know About Social Security—but Should

June 23rd, 2014

A Look at Claiming Strategies, Tax Angles and More to Help You Make Sense of a Complicated Program

Imagine that you’re about to accept a new job, and it’s time to talk salary. You sit down with your boss, who begins as follows:

“Actually, our payroll system is impossibly complicated. You can pick from dozens of different ways to be paid and hundreds of different start dates, and each will produce a different salary. We offer some guidance, but we’re short-handed. As such, deciding when and how to collect a paycheck is essentially up to you.

“So…what would you like to do?”

Welcome to Social Security.

Read Full Article Here…

Written By: Glenn Ruffenach, wsj.com

FINRA tags Merrill Lynch with $8 million fine for mutual fund sales charges

June 18th, 2014

Finra slapped Bank of America Merrill Lynch with an $8 million fine and ordered the wirehouse to pay a total of $89 million in restitution for failing to waive mutual fund sales charges for certain charities and retirement accounts.

Most of the mutual funds on Merrill Lynch’s retail platform waive certain fees for eligible retirement plans and charities. But the firm failed to make sure its advisers were properly applying those waivers to as many as 41,000 account, according to the Financial Industry Regulatory Authority Inc.

The $89 million in restitution includes nearly $65 million that the firm has already repaid to harmed investors.

Read full article here…

Early filers regret Social Security claiming decisions

June 4th, 2014

Nearly 40% of retirees who claimed Social Security benefits before full retirement age now regret their decision, according to a new survey released Wednesday.

Read full article here…

Written By: Mary Beth Franklin, investmentnews.com


Millionaires Top 5 Investing Mistakes

June 4th, 2014

Millionaires make some of the same investment mistakes as everyone else—it’s just that their mistakes can cost more. A new survey of millionaire investors around the world found five mistakes that are most common among millionaires.

The most widespread: failure to diversify. While a concentrated position in a single asset or industry can certainly help make someone rich, it’s a recipe for disaster when trying to invest or preserve wealth.

Read full article here…

Written by: Robert Frank

Why your home is not a good investment

May 12th, 2014

Check out this article from USA TODAY:

 Why your home is not a good investment

Written By: Morgan Housel

The Motley Fool

Active Investing- Replacing perceptions with facts

April 17th, 2014

Active management or index investing? Few questions are more hotly debated among investors and financial advisors. Contrasting views on whether it’s possible for active investors to consistently outpace the market were even reflected in the most recent award of the Nobel Prize in Economic Sciences.

Read full article “Active Investing-Replacing perceptions with facts” here


1Q2014 Market and Economic Review

April 17th, 2014

Brief Summary:

  • Global markets experienced an up and down quarter but ended mostly positive.
  • In terms of U.S. economic growth, the quarter’s progress was complicated by severe winter weather that likely depressed some of the short-term indicators of the economy’s health.
  • Developed international stocks were flat, largely due to a sizeable decline in Japan.
  • Emerging markets have been beset by ongoing concerns about economic growth alongside macroeconomic instability in countries such as Ukraine (most recently) and Turkey.
  • Core bonds were among the quarter’s stronger performers, reinforcing the important role they play in a diversified portfolio. Municipal bonds were another bright spot in the quarter amidst improving economic health for states and municipalities.

Read Full 1Q2014 Market and Economic Review here

Rate-of-return analysis shows value of delaying Social Security

March 4th, 2014

For years, I have been telling my readers of the value of delaying Social Security benefits as long as possible particularly for married couples when the older, higher-earning spouse maxes out his or her benefits.

Now, new research from a respected actuary puts a price tag on the value of delaying benefits by providing an internal rate of return analysis.

Read Full Article Here

Written By: Mary Beth Franklin

Retirement 2.0 Blog, Investment News.com

© Independent Wealth Management – All Rights Reserved.
powered by Advisor Designs - Web Designers for Financial Advisors