Happy 2021! It has already been an interesting two weeks. I guess the excitement is not over yet. Something less exciting than the personal stories we usually cover is an important policy that Woodbury Financial Services will be putting into effect starting this June. This only applies if you have [...]
Tax-deferred annuities can be a valuable tool, particularly for retirement savings. However, they are not appropriate for everyone. Five questions to consider Think about each of the following questions. If you can answer yes to all of them, an annuity may be a good choice for you. Are you making th [...]
Go out into your yard and dig a big hole. Every month, throw $50 into it, but don't take any money out until you're ready to buy a house, send your child to college, or retire. It sounds a little crazy, doesn't it? But that's what investing without setting clear-cut goals is like. If you're lucky, y [...]
Is the state of the market leaving you clueless as to what you should do with your assets and investments? Financial Professional Van Mueller joins us to chat about the state of the market, and how this downturn can actually become a huge opportunity – not a reason to panic! Real Wealth® is [...]
Dear Valued Client, In this rapidly changing situation, I want to assure you Woodmen Financial Resources is maintaining regular business operations to ensure we continue to serve you. First, I wish you, your family, and your community well during this unprecedented time. The health and safety of our [...]
After all your bills are paid, what do you do with the leftovers? Do you put it into a savings account or into a 401k? This week, Financial Professional Dave Alison has some great suggestions on “the order of saving” your money! Real Wealth® is an online radio program with a purpose to educ [...]
Employers can offer 401(k) plan participants the opportunity to make Roth 401(k) contributions. If you're lucky enough to work for an employer who offers this option, Roth contributions could play an important role in maximizing your retirement income. What is a Roth 401(k)? A Roth 401(k) is simply [...]
To answer this question, you must decide how your money can work best for you. Compare the money you might earn on other investments with the money you would pay on your debt. If you would earn less on investments than you would pay on debts, you should pay off debt. Let's assume that you have $1,00 [...]
Ronco comes from a family of 18 professional athletes – 17 of whom are now broke. On this episode, Financial Professional Ronco Johnson shares what he did differently to avoid his family’s mistakes and explains how anyone can take control of their financial future. Real Wealth® is an online [...]
You've identified your goals and done some basic research. You understand the difference between a stock and a bond. But how do you actually go about creating an investment portfolio? What specific investments are right for you? What resources are out there to help you with investment decisions? Do [...]
