BML Wealth Marketing, Author at BML Wealth Management

14 08, 2020

Age Before Beauty
Age Before Beauty

Age Before Beauty

BML Wealth Marketing2020-08-14T17:10:19-07:00August 14, 2020|Lifestyle, Psychology|

Despite the fact that America has an aging population, there is ample evidence of ageism happening around us. The way we perceive older adults can limit our roles in society as we age, and a pervasive negative view of aging can have a psychological impact on us. Sometimes ageism can be seen in a seemingly benign birthday card depicting age as something to laugh at or feel bad about, but other times it takes the form of workplace discrimination. That’s why it’s important to be mindful of how you can avoid ageism in retirement – [...]

9 08, 2020

When It Comes to Social Security, Focus On What You Can Control
When It Comes to Social Security, Focus On What You Can Control

When It Comes to Social Security, Focus On What You Can Control

BML Wealth Marketing2023-03-23T21:28:48-07:00August 9, 2020|Social Security|

Even if you don’t plan to rely primarily on Social Security for income in retirement, it’s still an important part of your retirement plan. Despite its importance, only 4% of retirees claim Social Security benefits at the optimal time, losing out on an average of $111,000 per household, according to a recent study.[1] You might have many worries in today’s world, especially when planning for retirement. But, when it comes to Social Security, focus on what you can control. Is Social Security Recession-Proof? While Social Security benefits aren’t affected by the stock market (unlike income [...]

7 08, 2020

3 Ways to Create Your Own Blue Zone
3 Ways to Create Your Own Blue Zone

3 Ways to Create Your Own Blue Zone

BML Wealth Marketing2020-08-07T15:11:54-07:00August 7, 2020|Lifestyle, Retirement, Retirement Goals|

Have you heard of “Blue Zones”? No, they’re not places where everyone is a Democrat. They’re places in the world where there is an unusually high number of people living into their 90’s and even 100’s. These populations are known for maintaining good health well into old age. It’s not that they have special technologies, or the best doctors, or special genes – it’s thought to be their lifestyle. “Blue Zones” are found all around the world: The Italian island of Sardinia, Okinawa in Japan, and Loma Linda in California were the first to be [...]

2 08, 2020

Pension Or No Pension, Have a Plan for Creating Retirement Income
Pension Or No Pension, Have a Plan for Creating Retirement Income

Pension Or No Pension, Have a Plan for Creating Retirement Income

BML Wealth Marketing2021-08-01T22:06:28-07:00August 2, 2020|Retirement Income, Retirement Planning|

Here's proof that funding retirement has changed: In 1970, 45% of private-sector employees were covered by a pension plan.[1] Now, 4% are covered.[2] Pensions have largely been replaced by 401(k), IRAs, and similar retirement plans, and retirees must find a way to make their savings last throughout retirement. If you are lucky enough to have a pension, you still have important decisions to make as to how you want to receive payments. Pension or no pension, you should have a plan for creating retirement income. Can You Rely On Your Pension? Last year, General Electric [...]

31 07, 2020

4 Essential Items to Pack on Your Trip This Summer
4 Essential Items to Pack on Your Trip This Summer

4 Essential Items to Pack on Your Trip This Summer

BML Wealth Marketing2020-07-31T18:39:43-07:00July 31, 2020|Lifestyle|

If you’re traveling this summer, there are certain staples you can bring wherever you go. When packing for a trip, everyone immediately thinks of underwear and a toothbrush, but there are other essentials that don’t come to mind as easily. And even if you forgot those two things, you can buy a new toothbrush or an extra pair of underwear pretty much anywhere in the world. Here are four essential items to pack on your trip this summer. First Aid Kit You don’t have to bring much, but it can be good to have [...]

26 07, 2020

3 Things to Know About Your 401(k)
3 Things to Know About Your 401(k)

3 Things to Know About Your 401(k)

BML Wealth Marketing2020-07-26T15:02:45-07:00July 26, 2020|Financial Planning, Retirement Income, Retirement Planning|

We all know that a 401(k) is one of the most important retirement planning tools we have. The potential tax benefits and power of compound interest can make it a great saving and investment tool for anyone who practices financial discipline and contributes regularly. There are several important things to know about your 401(k), such as how much you can contribute, options for your 401(k) when you leave your job, and how much you are paying in 401(k) fees. You Have Options for Old 401(k)s When you leave a job, you can either cash out [...]

24 07, 2020

Financial Lessons from a Founding Father
Financial Lessons from a Founding Father

Financial Lessons from a Founding Father

BML Wealth Marketing2020-07-24T22:28:03-07:00July 24, 2020|Financial Planning|

America is taking another look at Alexander Hamilton thanks to the hit Broadway musical celebrating his role in shaping our nation. As the first Secretary of the Treasury, he created the first national bank, consolidated the new country’s war debts, and established federal credit. You could say he was America’s first Chief Financial Officer. He was also a self-taught immigrant who started with no wealth but ended up on the $10 bill. Thanks to his killer, Aaron Burr, Hamilton never reached retirement. But we can learn important financial lessons from the Founding Father who built [...]

20 07, 2020

3 Things to Know If You Don’t Want to Leave Your Retirement Income to Chance
3 Things to Know If You Don’t Want to Leave Your Retirement Income to Chance

3 Things to Know If You Don’t Want to Leave Your Retirement Income to Chance

BML Wealth Marketing2020-07-20T13:44:08-07:00July 20, 2020|Retirement Income, Retirement Planning|

If you're nearing the end of a long career or have recently retired, you know something about what it takes to be successful. Luck can help, but hard work and proper planning are much more important. It's the same with retirement. Deciding where your income will come from, working to help minimize your tax burden, and knowing how much you're paying in fees are important parts of creating a solid retirement plan. Here’s what to know if you don’t want to leave your retirement income to chance. Know Where Your Income Will Come From Once [...]

20 07, 2020

The Retirement Fingerprint – July/August 2020
The Retirement Fingerprint – July/August 2020

The Retirement Fingerprint – July/August 2020

BML Wealth Marketing2021-10-04T11:11:47-07:00July 20, 2020|Newsletters|

America’s Job Crises: Past and Future Even before the mass layoffs caused by the COVID-19 pandemic, companies were having a hard time keeping workers employed. That’s because, in recent years, plentiful jobs have offered employees more options to jump ship if they weren’t happy.

17 07, 2020

4 Fun and Affordable Retirement Activities
4 Fun and Affordable Retirement Activities

4 Fun and Affordable Retirement Activities

BML Wealth Marketing2020-07-17T00:18:35-07:00July 17, 2020|Lifestyle, Retirement|

Entering retirement can mean a dramatic shift in lifestyle, but luckily there is plenty of time for new or old hobbies. Remember, you’re not just retiring from something, you’re retiring to something. The “what” is up to you, and there are many options other than expensive hobbies. Here are four fun and affordable retirement activities. Volunteering Few things are as fulfilling and stimulating as doing good deeds around the local community. Activities include walking animals at the local shelter, assisting at a hospital, tutoring and mentoring, or volunteering at a local non-profit. Most cities and [...]

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