WiserAdvisor Blog
11 Min Read
01 Jul 2024
How to Build Retirement Savings if You Have Just Turned 40
Saving early for retirement has several advantages, but it is not always possible for everyone. Many people begin their careers later in life and may struggle to secure stable incomes in their early years, making it challenging to contribute to a retirement fund. According to data, the median 401(k) balance for Americans aged 40 to […]
10 Min Read
28 Jun 2024
Double Your Money by Investing Long Term
The world of investing may seem daunting, and many may be in a hurry to earn returns from their investments. However, sticking to the basics is key, and keeping a long-term vision can be advantageous. Incorporating a long-term perspective can transform your financial future and has a very high probability of doubling your capital with […]
8 Min Read
12 Jun 2024
The Right Time to Start Making an Estate Plan
Estate planning is an essential part of securing your financial future that ensures your assets are distributed according to your wishes. Many regard it as a mere legal formality but it is more than just that. Estate planning allows you to leave your assets to your loved ones in a way that is hassle-free for […]
10 Min Read
10 Jun 2024
4 Ways Financial Advisors Can Help with Debt Management
A financial advisor is pivotal in helping you accomplish your financial goals. However, their role extends beyond just helping you achieve financial gains. They also assist in eliminating financial burdens. While it is essential to focus on acquiring assets, such as buying a house and accumulating wealth, it is equally crucial to address aspects that […]
11 Min Read
30 May 2024
How To Evaluate a Financial Advisor
There are several benefits to hiring a financial advisor. However, you must hire a suitable advisor to reap these benefits fully. There are many options available based on the type of services these professionals provide, their fee models, working preferences, location, and more. Yet, even after selecting the best professional, if your financial advisor does not work for you, your […]
10 Min Read
23 May 2024
How to Approach New Investments When Markets Are High
Having a well-defined investment strategy is crucial during periods of market volatility. Market volatility can be concerning, especially for those new to the world of investments and lacking experience in navigating turbulent markets. While buying low is a well-known strategy, knowing what to do when the market is high is equally important but often overlooked. A financial advisor can provide assistance […]
10 Min Read
22 May 2024
5 Ways to Improve Your Financial Well-being
Financial wellness is essential for numerous aspects of your life, including education, housing, healthcare, and more. When your finances are stable, you have little to worry about and can focus on other important areas of life. If you notice your financial health faltering, it is crucial to address it promptly and treat it with the […]
8 Min Read
17 May 2024
3 Ways to Avoid Making Emotional Investing Decisions
Emotional investing is a common phenomenon, where the feelings of the investor override rational analysis while making investment decisions. This approach often leads to poor outcomes, as emotions like fear and greed often cloud judgment and lead to unproductive investment strategies. Fear can provoke panic selling during market dips, while greed can cause investors to […]
11 Min Read
15 May 2024
How Do Retired Millionaires Maintain Their Wealth?
Making money is crucial, but knowing how to sustain and grow that wealth is equally important. Without careful management, your wealth can vanish sooner than expected. Creating and maintaining wealth is an ongoing journey that requires diligence in spending, investing, and earning. Learning some millionaires’ investment secrets and strategies can provide you with valuable insights into effective […]
8 Min Read
13 May 2024
Can Robo Advisors Replace Human Advisors for Investors?
The financial services sector is continually evolving. With the rise of robo-advisors, there has been a notable shift from traditional investment management practices. These digital platforms utilize sophisticated algorithms with minimal human intervention to provide personalized financial planning services online. Emerging during the 2008 financial crisis, robo-advisors have made advanced investment strategies accessible to a […]
9 Min Read
06 May 2024
Don’t Wait to Hire a Financial Planner Just Before Retirement
Most people tend to associate hiring a financial advisor only while planning for their retirement. This is why they often wait until the years preceding their retirement to seek professional guidance. However, if you need the guidance of a professional, a financial advisor should be hired much earlier in life. Not only is it advised to hire professional help early, […]
10 Min Read
02 May 2024
Why Financial Planning is Critical While Planning for Retirement
Financial planning and retirement are intricately woven. A financial plan helps you structure your retirement effectively. It enables you to budget your expenses, switch from a salary or business income to Social Security benefits and Required Minimum Distributions (RMDs), optimize taxes, offset inflation with adequate returns, and, above all, give you peace of mind. Financial planning also oversees estate, […]
15 Min Read
19 Apr 2024
6 Things You Should Know to Create a Robust Estate Plan
While a financial plan focuses on managing your finances during your lifetime, an estate plan is essential for determining the fate of your assets after you pass away. Estate planning involves the transfer of your assets to your heirs in the event of your passing. It outlines how your estate should be distributed and minimizes […]
15 Min Read
12 Apr 2024
What is a Good Financial Advisor to Client Ratio?
The role of a financial advisor is indispensable in today’s world. These professionals serve as trusted guides, helping individuals understand the intricacies of investment, wealth management, and financial planning to achieve their long-term goals. The time and attention they can dedicate to each client is a significant contributor to their effectiveness. As such, determining the […]
12 Min Read
28 Mar 2024
Late Start on Retirement Savings? How to Try and Catch Up in Your 50s
As you enter your 50s, the urgency of retirement savings becomes palpable. For those who find themselves behind on their retirement savings, the path ahead may seem daunting. With the average Gen X household boasting a mere $40,000 in retirement savings, according to the National Institute on Retirement Security, the need for prompt action becomes […]
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The blog articles on this website are provided for general educational and informational purposes only, and no content included is intended to be used as financial or legal advice. A professional financial advisor should be consulted prior to making any investment decisions. Each person’s financial situation is unique, and your advisor would be able to provide you with the financial information and advice related to your financial situation.