Troy A Young CFP (R)

Starting a Business? Here is a tip! Since a new business is unlikely to generate income right away, you may want to construct your portfolio with an income orientation in order to provide you with current income until the business can begin turning a profit.

Starting a Business? Using retirement funds to start a business entails significant risk. If you choose this path, you may want to consider reducing the risk level of your investment portfolio to help compensate for the risk you're assuming with a new business venture.

One of the best things you can do is to make sure you are having regular conversations about finances and hearing from well-informed sources. There are more resources than ever at your disposal. Working with a trusted financial professional can help you know where things stand.

Conquering Retirement Challenges for Women When it comes to retirement, women may face unique obstacles that can make saving for retirement more challenging. Given that women typically live longer than men, retirement money for women may need to stretch even further.

According to a 2021 study conducted by Life Happens and LIMRA, which closely follows life insurance trends, nearly 50 percent of Americans say that they have no life insurance coverage at all, even though 59% of people without life insurance recognize the need to obtain it.1

Rule of Thumb One widely followed rule of thumb for estimating a person’s insurance needs is based on income. One broad guide suggests a person may need a life insurance policy valued at five times their annual income. Others recommend up to ten times one’s annual income.

Here are eight mistakes to avoid when #saving #retirement. destinyfg.com/resource-cente…

One way to measure if markets are doing better is to look at the number of Standard & Poor's 500 companies that revise their estimates prior to reporting earnings.

Market timing must be exhausting. Always moving in and out of the markets based on economic analysis or business headlines must be so challenging. Money held in money market mutual funds rose to $5.1 trillion in March 2023.

The combination of an improving inflation outlook resulted in a week of uneven, albeit positive, performance, in which cyclical and financial stocks rallied while technology, real estate, and utilities lagged. The Dow Jones... destinyfg.com/blog/weekly-ma…

Are you planning to work after taking Social Security benefits? Know the rules. #SocialSecurityBenefits destinyfg.com/resource-cente…

Women face unique challenges when planning for retirement, but it’s nothing you can’t handle. Read more now. destinyfg.com/resource-cente…

Not sure where to begin with your investments?

Thinking of volunteering in retirement? Some considerations. #Volunteering myf.mg/gQto

Stocks ended a shortened week of trading mixed amid revived recession fears on Wall Street triggered by weak economic data.The Dow Jones Industrial Average gained 0.63%, while the Standard & Poor’s 500 slipped 0.10%. The Nasdaq... destinyfg.com/blog/weekly-ma…

Investors were forced to navigate a tricky first quarter of 2023, having to contend with corporate earnings, shifting monetary signals, and troubles in the banking sector. destinyfg.com/campaigns/mont…

If you want to avoid any potential surprises at tax time, it may make sense to know where you stand when it comes to the AMT. myf.mg/gPV4