Stableford Capital Insights

Despite the strides that women have made in the workforce and stepping into higher seats of power, surprisingly 64% of women report being stressed about their finances. And only 1 in 5 seek out advice from a financial advisor. A top-notch female financial advisor shares her tips to help female investors ease stress and build portfolios to allow them to live the lives they want.

Based on positive psychology, four investor profiles have been identified to answer the “why” of how people invest. Utilizing these financial personalities can help investors target their portfolio toward more personally satisfying investments. Professionals in the investment field, like those at Stableford Capital, can also use these investor profiles to craft portfolios that better serve their clients.

High net worth individuals who leverage life insurance give themselves access to the cash value of the policies. You can borrow against life insurance accounts or use it to invest. You can also pass along the cash value of a permanent life insurance tax-free through gifting under $15k or irrevocable life insurance trusts.

The recently-passed Setting Every Community Up for Retirement Enhancement Act may change the way people save, and use, retirement funds. The Act comes with some changes that are worth taking advantage of—and some that are worth being aware of. As this took effect January 1, 2020, be sure to discuss possible impacts to your retirement planning with your tax professional soon.

While each small business and owner is different, the consensus is clear that a cash balance pension plan could be a significant boost to retirement financial planning. Benefits of this plan include the ability to contribute large amounts of money, pre-tax, as part of retirement financial planning while saving in tax deductions.