What Financial Advisors Are Reading This Week

16th May 2016

watch secrets of the self-made

11 Strategies to Earn More, According to Self-made Millionaires

One of the biggest strategies of self-made millionaires is to earn more money. Investing, developing multiple income streams and setting goals are some of the priorities of self-made millionaires.

Via Business Insider

Few Financial Advisors Have Thought About Succession Plans

Only 30% of financial advisors have succession plans and many of those plans are of dubious quality. According to an evaluation of the 803 financial advisors, slightly more than half were concerned about succession and the business models of financial advisor can determine succession possibilities.

Via Forbes

The Real Reason the Gig Economy Is Suddenly Booming

The freelance economy is thriving like never before, and a new survey finds it’s an unintended consequence of the Affordable Care Act. Companies say the cost of complying with the Affordable Care Act is pushing them to rely more heavily on freelance workers, and freelancers are working harder, too.

Via Time

Prince Needed a Will, but Maybe You Don’t

The fact that Singer Prince died without a basic will to govern what would happen to his estate that’s potentially worth hundreds of millions of dollars was poor financial planning, but some advisers say many Americans may not even need a will and while they may benefit from one, may opt not to draw one up for legitimate reasons.

Via New York Times

Retirement Planning for the ‘Gig’ Economy 

As the “gig” economy grows, individual self-employed workers looking to amass significant sums for retirement need to take a look at additional options for retirement savings such as an IRA or Defined Benefit plan.

Via Morningstar

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3 Retirement Planning Blunders That May Cost You a Fortune via @motleyfool #retirementplanning #moneymistakeshttps://t.co/fBUAThuESZ

9:44 PM 24 January 2020

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The Top 10 Mistakes That Keep Women Entrepreneurs From Scaling to $1 Million via @entrepreneur #womeninbusinesshttps://t.co/Nw8k8Hq4T9

8:40 PM 24 January 2020

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When Does It Make Sense to Quit Your Corporate Job & Become an Independent Consultant? #smallbusinesshttps://t.co/5r647zhSi1

5:43 PM 24 January 2020

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4 Ways the SECURE Act Impacts Your Retirement Planning Now via @forbes @BarryGlassman #SECUREActhttps://t.co/2xlyvUEHAP

4:23 PM 24 January 2020

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Entrepreneurs Should Consider Doing These 3 Things Before Building a Company With an Exit Strategy via @inchttps://t.co/MIQyaJHg5A

1:16 AM 24 January 2020

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What are the key differences between Defined Benefit vs. Defined Contribution plans? The favorable tax savings of D… https://t.co/qc4B2wvy7c

12:13 AM 24 January 2020

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