BML Wealth Marketing, Author at BML Wealth Management

6 01, 2023

Coffee-Lovers’ Events in 2023
Coffee-Lovers’ Events in 2023

Coffee-Lovers’ Events in 2023

BML Wealth Marketing2023-12-19T20:57:01-08:00January 6, 2023|Lifestyle, Traveling|

Coffee-Lovers' Events in 2023 All the macchiato, cappuccino, and espresso lovers know how a sip of coffee easily brightens up your day. Whether you take yours caffeinated or buzz-free, black or milky, sugar-free or candy-sweet, you are a certified coffee enthusiast, and you might be excited to know that 2023 is the year for coffee lovers to come together! Being retired, this is your time to travel across the country and globe, experiencing different aromas and brews of coffee at these upcoming events: The London Coffee Festival: April 20th- 23rd Taking place in [...]

4 01, 2023

Turning 59.5? Here are the Factors to Consider
Turning 59.5? Here are the Factors to Consider

Turning 59.5? Here are the Factors to Consider

BML Wealth Marketing2023-02-09T01:40:03-08:00January 4, 2023|Retirement Planning|

Approaching 60 is an exciting time. Not only does it come with more wisdom and thrill for a new chapter of life, but it also presents important financial decisions that can affect your life in retirement. If you are turning 59.5 this year, you will become eligible to withdraw from your retirement accounts without penalty. This birthday, and possibly 3 other birthdays that affect your retirement accounts, presents an opportunity to rethink your finances and live a new life. Here are factors to consider in this important year of your life. Rethink Your 401(K) [...]

16 12, 2022

Homemade Dishes to Rediscover in Retirement
Homemade Dishes to Rediscover in Retirement

Homemade Dishes to Rediscover in Retirement

BML Wealth Marketing2023-02-09T01:43:03-08:00December 16, 2022|Lifestyle|

Close your eyes and think back to your childhood. What’s the first thing you remember? Your first thoughts may be about your childhood room or your old posters and magazines. Maybe it was your living room couch that had a distinctly comfortable spring to it, even in its final years before it was tossed. It wouldn’t be surprising, however, if your favorite childhood memories were of your kitchen and the people who used it. As they say, the kitchen is the heart of the home. As times changed, so did popular foods and homemade dishes. [...]

12 12, 2022

3 Factors to Know for Rising Interest Rate Conditions
3 Factors to Know for Rising Interest Rate Conditions

3 Factors to Know for Rising Interest Rate Conditions

BML Wealth Marketing2023-02-09T01:44:59-08:00December 12, 2022|Economy, Federal Reserve, Financial Planning, Investing|

The 2022 economy has broken multiple records, first, with the highest inflation rate in 40 years, and now, the highest federal reserve interest rates since 2008.[1] In efforts to curb raging inflation, the US Federal Reserve has raised interest rates six times in 2022, reaching a target of 3.75% in November.[2] This rise in the cost of borrowing not only affects inflation but trickles into the decisions you make before and in retirement. Understand how this change affects you as a retiree: Dips in Investment Accounts Borrowing costs and stock market prices move in opposite [...]

9 12, 2022

These Classic Bands from the 60s and 70s Are Still Jamming!
These Classic Bands from the 60s and 70s Are Still Jamming!

These Classic Bands from the 60s and 70s Are Still Jamming!

BML Wealth Marketing2023-02-09T01:46:02-08:00December 9, 2022|Lifestyle, Retirement|

Baby Boomers have certainly proved that retirement can be a time of not just rest and relaxation but of fun and adventure. As you enter this wonderful new phase of your life, there are famous bands and musicians from the 60s and 70s that are still on tour now, whose tunes and jams have uplifted your spirits and given you an outlet to express yourself. If you’re a music lover wanting to see some of your favorite bands, check out these 9 tours you may want to attend! Earth, Wind & Fire – These funk [...]

6 12, 2022

What You Need to Know about Index Funds and Mutual Funds
What You Need to Know about Index Funds and Mutual Funds

What You Need to Know about Index Funds and Mutual Funds

BML Wealth Marketing2023-02-09T01:47:00-08:00December 6, 2022|Financial Planning, Investing|

On their surfaces, index funds and mutual funds may seem interchangeable. Both offer diversification of assets and are commonly invested in a basket of stocks that aim to meet a certain investment goal. However, there are many key distinctions that separate an index fund from a mutual fund – distinctions that may be crucial to your portfolio of retirement investments. The Breakdown of Index Funds Index funds invest in a specific list of securities, such as a Dow Jones Industrial Average or S&P 500 index, that track stocks based on certain factors. The Dow Jones [...]

2 12, 2022

Remember These Fashion Trends of the 60s & 70s?
Remember These Fashion Trends of the 60s & 70s?

Remember These Fashion Trends of the 60s & 70s?

BML Wealth Marketing2023-02-09T01:47:51-08:00December 2, 2022|Lifestyle|

It’s no doubt that, when it comes to fashion, the 60s and 70s carried the most vibrant, electric trends. Your generation has made the largest footprint in the world of fashion, creating iconic and stylish clothing that, even today, still resurfaces and remains just as cool. You may have already noticed the unexpected return of bell bottoms and flowing attire through your kids or grandkids. In truth, you were the blueprint for the current fashion waves. So, let’s go down memory lane to remember the best fashion trends of the 60s and 70s! Reminisce on [...]

29 11, 2022

The Value of Opening a Roth IRA at the End of the Year
The Value of Opening a Roth IRA at the End of the Year

The Value of Opening a Roth IRA at the End of the Year

BML Wealth Marketing2023-02-09T01:55:25-08:00November 29, 2022|Financial Planning, Investing, Retirement Income, Retirement Planning|

These days, retirement planning will likely involve Individual Retirement Accounts in one way or another. Whether you’re looking to roll over a 401(k), optimize your withdrawal timing, or take advantage of catch-up contributions, your IRA strategy may be one of the main components of your income strategy. So, let’s talk about the Roth IRA and its unique value at the end of the calendar year. What is the Roth IRA, and When is it Useful? The Roth IRA is a type of retirement account that you may withdraw from tax-free after a certain age and [...]

18 11, 2022

3 Ways the Gender Pay Gap Affects Women in Retirement
3 Ways the Gender Pay Gap Affects Women in Retirement

3 Ways the Gender Pay Gap Affects Women in Retirement

BML Wealth Marketing2023-02-09T02:01:01-08:00November 18, 2022|Financial Planning, Retirement Planning|

There has historically been a pay gap between men and women for comparable jobs which favors men. This phenomenon generally affects retirement funds as well – this is called the gender retirement gap.[1] On average, women earn 17% less than men, taking home $89 compared to the man’s $100.[2] The gender pay gap has lasted throughout history, affecting global economic potential, and has cost the US an annual $1.6 trillion[3] in potential economic activity. This pay gap has hindered women’s ability to achieve retirement. Less Social Security Benefits Of all outcomes, this is the most [...]

16 11, 2022

Making the Switch to Paying Yourself
Making the Switch to Paying Yourself

Making the Switch to Paying Yourself

BML Wealth Marketing2022-12-07T10:15:02-08:00November 16, 2022|Retirement Income, Retirement Planning|

For most of your life, you’ve probably had a daily routine – from tying your tie to greeting your coworkers to loosening that tie when you get home. When thinking about retirement, not only does your daily routine change but your financial routine does too. In your working years, you made sure to have a savings and wealth accumulation plan. Your retirement goals were focused on building wealth but now, your goal is to spend it efficiently. When you’re going back to school on your retirement plan, you’ll recognize that that’s a much different question [...]

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