After graduating with a degree in Information Systems with a minor in Journalism, John by chance found that he had a knack for financial advising. John was introduced by a mutual friend to Dan Ahmad, who became his longtime friend and mentor, and who got John started in the financial field, training him as a financial advisor.
John wrote several financial planning software packages and eventually co-founded a web-based financial technology startup that aided advisors and consumers with dealing with the uncertainties of retirement.
Currently, John provides comprehensive retirement income and planning services in his role as a fiduciary, helping retirees and preretirees make the best financial decisions to meet their financial goals and retire as worry-free as possible. This book is part of John’s written contribution to all who want to take the risk out of their retirement, and it also lays to rest many untrue investment myths common in the industry.
Download my chapter "Annuity Myths Or Lies People Will Tell You About Fixed Index Annuities With Income Riders" from the Best-Selling book Momma's Secret Recipe for Retirement Success!
Last week saw the worst week on Wall Street since 2008, as the Dow fell into correction likely due to the outbreak and spread of COVID-19, commonly called novel coronavirus. A market correction is a nerve-wracking event for investors, but the current uneasiness in the markets is no cause for panic.
While the spread of COVID-19 is atypical, a market correction is not. In fact, it’s an entirely normal process, and not altogether unexpected after experiencing the longest-running bull market on record. There have been 22 market corrections since 1974, and they are aptly named because the market usually “corrects” itself and returns prices to their longer-term trends. While the coronavirus is likely to cause economic impact into at least the second quarter of 2020, historically, Wall Street’s reaction to these types of epidemics has been short-lived, including in the recent past.
When you spend most of your year toiling away at work, it’s natural to want to make the most of your vacation time. For many Americans, this means dreaming of the opportunity to own a vacation home where they can relax and recharge, while possibly earning rental income, too.
Before you pull the trigger on your own vacation home, however, you may want to think twice. While it certainly offers the opportunity for enjoyment and making meaningful memories, vacation homes also come with a few drawbacks.