Tax season is over. That’s a relief. Now what about your financial portfolio? J.D. Power & Associates recently conducted an analysis that shows a strong correlation between customer satisfaction and good communication with a financial advisor.1 At BECU Investment Services, we understand the importance of learning about our clients’ needs and financial goals so we can assist them properly with their portfolios. Just like everything else, it never hurts to get a second opinion on your future—so ask yourself these questions:
In 2013, many different forces will combine to influence the direction of the markets to follow the path of least resistance leading to modest single-digit returns in the U.S. stock and bond markets.
It used to be that Americans could count on a pension plus Social Security to get them through their Golden Years. But traditional pensions only account for an estimated 18% of the total aggregate income of today's retirees, and Social Security accounts for only about 38%.1 Alas, the responsibility for the bulk of your nest egg now rests with you.
Savvy investors have long realized that what their investments earn after taxes is what really counts. After factoring in federal income and capital gains taxes, the alternative minimum tax (AMT), and potential state and local taxes, your investment returns in any given year may be reduced by 40% or more.