Do you have a favorite hobby that you spend time and money on? Maybe it’s hitting the local golf course, working on your Harley, traveling with friends, exploring museums, or expressing yourself through art […]
President Franklin Roosevelt signed the Social Security Act into existence in 1935. In response to the vast poverty in the 1930s, especially among senior citizens, the original intent of the Social Security Act was to provide a form of social insuran […]
We have seen variable annuities offered with a great sales pitch: continued growth opportunities through market exposure coupled with some form of protection via an optional rider.  This sales presentation may satisfy our emotional needs to protec […]
Energy prices are down in recent months due to a massive global over-supply. This has resulted in a number of benefits for consumers, including lower cost of gas at the pump, reduced home heating costs during the winter months […]
It’s December! Before the New Year arrives, don’t forget to button up your financial life by checking off these important to-dos, where appropriate for your personal situation.
- Maximize your retirement account contributions (including ca […]
Recently, the President signed into law the Bipartisan Budget Act of 2015.
Of particular significance to retirees and those preparing for retirement is the section of the act dealing with the closure of perceived loopholes within Social Security r […]
Lunch room hearsay will lead you to believe that you can’t touch your 401(k) assets without incurring an early withdrawal penalty until you are age 59 ½. This is true in most cases—however there is an important exception to th […]
For many retirees, living on a fixed income is a daily reality. When you consider the rising costs of living this means that your purchasing power decreases over time with a fixed income. In other words, Daddy can’t buy as much bacon for $5.00 as h […]
At Sigdestad Financial, 2015 marks the 10th year we have been helping individuals and families successfully transition into retirement.
You’ve spent years working toward retirement. But reaching retirement—and staying retir […]
Typically, the assumption is that when you retire your expenses will decrease by about 20-30%. You will stop spending as much on things like gas, eating out, or a pricey business wardrobe. Plus, the kids are out of the house and supporting themselves […]