THE SHP FINANCIAL BLOG
At SHP Financial, we focus on a customized investment and retirement strategy to help get you retired, and stay retired. To help you better understand your financial needs or assess your current investment and retirement strategies, we post a weekly blog. We hope you find these retirement and financial insight blogs helpful, and if you would like to take it a step further for a complimentary review of your current strategies, you can click to let your journey begin.
Are You Close to An Important Birthday?
Many significant birthdays mark the American experience: a license to drive at 16, the right to vote at 18, and the clearance to have an alcoholic beverage at 21 are common examples. But, there are ...
The Most Important Ages for Your Retirement Accounts
As investors move closer to retirement, portfolio performance should become a priority. Participants should know how much they are contributing and how much they are paying in fees. They should also be aware of ...
How to Remain Confident During Market Volatility
Sharp and unpredictable fluctuations define a volatile financial market. These shifts can shake investor confidence, even with experience. Watching a portfolio lose money is uncomfortable, and it’s natural for individuals to question their investment choices. ...
Turning 59.5? Here are the Factors to Consider
For many Americans, approaching 60 is exciting. It is full of planning for the next chapter in life, and using the wisdom gained over the years to do it. This period also marks a significant ...
Pros & Cons of Downsizing In Retirement
Relocation and Downsizing in Retirement: Evaluating the pros and cons Retirement brings significant changes for people transitioning away from a career lifestyle. Retirees have the freedom to choose how they spend their time, but also, ...
How To Create A Retirement Budget
Creating a Retirement Budget: Practical Tips for Managing Expenses and Living Within Your Means Running out of money is among the biggest concerns facing retirees. It could happen to anyone. No one knows what the ...
The Importance of Physical and Mental Health in Retirement Planning
There are seemingly endless reasons to be health-conscious and focused on well-being. Eating right, sleeping well, exercising, and managing stress are active measures people take toward a happier, healthier life. Physical health also has connections ...
Addressing Retirement for Gen X
Contrary to the stereotypes from the 80s and 90s that labeled those born between 1965 and 1980 as disengaged slackers, today’s Gen Xers are anything but indifferent. Investopedia published the results of a 2022 multigenerational ...
What is Wealth Management Retirement Planning?
Wealth Management Retirement Planning is a holistic approach to financial planning that caters to high-net-worth individuals (HNWIs). HNWIs have considerable holdings, often from diverse income streams, and at least $1 million in liquid or investable ...
Understanding the Four Phases of Your Retirement Budget Strategy
Retirement and preparing for it happens in phases. They evolve with life as circumstances change. Pre-retirees and retirees should be aware of the opportunities and obligations that arise during each stage. Breaking down this ...
Living to 100: Factors to Consider When Planning for Retirement
Could You Live to be 100 Years Old? by Mark Kenney, CFP®, CTS™, Financial Advisor The word “centenarian: refers to a person who is 100 years old or more. Bob Hope, Kirk Douglas, and George ...
SHP Was Awarded One of Inc.’s Best Workplaces for 2024!
There is so much that our team is proud of, one of those being the way our employees feel about working for our offices! We are so lucky to work with so many talented folks ...