Early retirement is a phrase many Americans wish they could turn into a reality. While retiring in your 50s or early 60s sounds enticing, it typically requires years of planning to make sure you’ve accumulated enough retirement assets to last for 20 or 30 years or more.
About Briant Sikorski
Briant entered the financial services industry after a twenty-year career in the venture capital, information technology, telecommunications and automotive manufacturing industries. Briant holds a Bachelor of Science degree from the University of Michigan and a Master of Business Administration degree from Oakland University.
Entries by Briant Sikorski
If you’re thinking about giving money to minor children, such as a new grandchild, it might make sense to take advantage of The Uniform Gifts to Minors Act or The Uniform Transfers to Minors Act (UGMA/UTMA), depending on your state.
Traditional IRAs and Roth IRAs – there are some key differences between these two types of individual retirement accounts (IRAs). While the contribution limits are the same for both, each has its own specific rules and potential benefits.
As a single parent, you need to understand the financial strategies that can stretch your income and help you lay the groundwork for a secure future.
As Americans migrate toward conducting banking and other financial transactions online, the threat of falling victim to ever-more sophisticated cyber-crimes continues to rise.
Millions of Americans fall victim to identity theft each year, and their financial losses are in the billions. In 2012, an estimated 16.6 million Americans experienced identity theft, causing losses of $24.7 billion.*
Regardless of whether you and your parents have always talked freely about money or whether you’ve never discussed the subject, there are several considerations you may want to address with them as they approach their later years.
I’ll share some strategies for small-business owners who are diversifying outside of the business.
Briant Sikorski, a Wealth Advisor at Stratos Wealth Partners, contributed this article about how to know how much you need to save for retirement.