Monument Wealth Management logo

5-Step Business Exit Guide

See this infographic to learn about the five steps of exiting your business, all the way from “Wealth Transition Planning” to “Post-Sale Implementation.”  In the article, we take a look at both your company’s needs, and your personal needs, in each stage. Get the guide…

Read more

Volatile Market in USNews Featured Image

8 Ways to Jump-Start Your Retirement Savings

The best advice is to start now, because time is the most important factor in preparing for retirement. Saving for retirement is a daunting task. It requires cutting back current spending in order to fund an unknown future. We don’t know how long we will live. We don’t know what our future expenses will be. Finally, we don’t know how much our savings will grow. Nonetheless, despite these uncertainties, it…

Read more

Volatile Market in USNews Featured Image

How Real Estate Fits Into Your Retirement

You need to consider the benefits of buying real estate along with the risks. Homeownership used to be considered the American Dream. Most baby boomers grew up with a goal of owning their own home. Now, many members of the younger generation question whether it is a good idea to buy real estate. No wonder – having watched the housing market collapse five years ago, combined with a difficult job market, buying…

Read more

Volatile Market in USNews Featured Image

The Challenge of Saving for Retirement

Savings rates are still very low. Here’s how to plan ahead. The current personal savings rate in the United States is not a number to inspire confidence. Yes, it has almost doubled in the past five years. However, the current rate remains only half what it was fifty years ago. Furthermore, not everyone is saving (baby boomers are more likely to have a retirement account than other generations). What is…

Read more

exit your business

Exit Planning: Your Business is an Investment

Approximately three fourths of our clientele are current or post-sale business owners.  Read this article for advice from financial advisors who have experience with exit planning. In this exit planning article, you will learn about: Predicting the value of your business Maximizing the return on your business investment How to make sure you are on the ‘right track’ to living the life you want now and in the future  …

Read more

Volatile Market in USNews Featured Image

Tips to Ensure Your Retirement Income

In the early 1990’s, I started my career in the financial industry with one of the most well-known Wall Street firms. Many changes have occurred since 1993. Thousands of different investment strategies have been created. Banks and insurance companies have become financial planning and investment firms, and the reverse as well. We have seen technology break down the barriers to access that once greatly benefited the major banks, and the emergence of…

Read more

Volatile Market in USNews Featured Image

Taxed or Not: Where to Hold Your Retirement Cash

When saving for retirement, many people use a combination of tax-deferred and taxable investment accounts. But how should you allocate your portfolio between them? Is it better to put high growth assets in the tax-deferred accounts or is it better to put tax inefficient assets in them? The answer may be both, but there are definite strategies to consider when choosing where to hold your savings. Given the tax-favored treatment…

Read more

Volatile Market in USNews Featured Image

Using your Health Savings Account for Long-Term Care

Health savings accounts are one of the most tax favored savings vehicles available to Americans. Since they are completely tax free — funded with pre-tax dollars and not subject to taxes at withdrawal —they are a great way to save money for future medical costs. In particular, the HSA could be a good way to help cover long-term care costs. Health savings accounts were first authorized by congress in 2003. An HSA…

Read more

Volatile Market in USNews Featured Image

Use a Roth 401(k) to Boost Retirement Saving

There’s a case for a Roth as new 401(k) options emerge. Many companies are starting to offer employees the choice of Roth 401(k)s as well as traditional 401(k)s. Both are tax-favored accounts. A traditional 401(k) invests pretax money and is taxed upon withdrawal, while the Roth 401(k) invests post-tax money and is not taxed upon withdrawal. Which is a better way to invest? If tax rates are constant, then a…

Read more

Private-Wealth

Planning For Liquidity

Despite the shaky U.S. economy, many entrepreneurs continue to start and grow their businesses here and amass great wealth in the process. But many of them aren’t adequately preparing for the day when they will need to unlock that wealth. Read more…

Read more

Volatile Market in USNews Featured Image

Will Health Care Hurt Boomers’ Retirement?

Ten thousand retire each day, but few are ready for health-care costs. The numbers are staggering—10,000 baby boomers are entering retirement age every day and the pace will continue for the next 20 years, according to the Pew Research Center. The boomers are a powerful force representing over 75 million people, and as they enter their retirement years one of their primary financial concerns is how to pay for quality…

Read more

Mutual Funds by Monument Wealth Management in the Wall Street Journal

Making Retirement Assets Last

It’s a retiree’s nightmare: outliving the assets in a retirement portfolio. Between historically low interest rates dragging on fixed-income yields and uncertainties about taxes, not to mention the threat of future inflation and volatile markets that send skittish investors seeking shelter, retirees who are living longer are finding it challenging to keep their portfolios up to speed.

Read more