Enjoying a successful retirement is not about saving every penny and sacrificing your lifestyle. It simply requires taking proactive steps to build a solid plan. If you’re in the medical profession, follow these concrete steps to build the foundation of that plan.

Enjoying a successful retirement is not about saving every penny and sacrificing your lifestyle. It simply requires taking proactive steps to build a solid plan. If you are in the process of preparing for retirement, follow these concrete steps to build the foundation of that plan:

The S&P 500 Index returned a strong 6.2% during the first quarter of 2021, driven by rapidly improving economic data and aggressive fiscal stimulus. U.S. Congress passed an astonishing $2.7 Trillion of aid since December of 2020, providing an unprecedented amount of liquidity to the financial markets.

The term private equity sounds complex and something only utilized by the big institutions and the ultra-rich. And that is partially correct. In fact, the average institution invests 14% of their assets in private equity investments.

Many employers offer their employees 401(k) plans to help them save for retirement. The nice thing about 401(k)s is they lower your taxable income, and they aren’t taxed until you withdraw in retirement. At that point, you could be in a lower tax bracket.

Did you know the M2 monetary supply – the amount of dollars held in cash, savings, and money market accounts – grew 25% last year?