Deep South Financial

02/13/2024

In today's current rate environment, schedule a time to review your old annuity contracts. It's time to make sure the rates, terms and fees are competitive.

Putting away money for retirement can be an arduous process. Once you figure out how much you need to save to retire, the real planning begins. There are a number of retirement savings options available, such as a 401(k) through your employer, individual retirement accounts (IRAs) or annuities. An a...

08/23/2023

I haven't posted in a while due to a death in the family. This event has highlighted some things to keep in mind when preparing for a close family members death. This article provides a checklist. Make sure your financial house is in order.

Doing these things now, while you’re still physically and mentally healthy, will make things considerably easier for you and your loved ones when the time comes.

07/10/2023

This is the latest outlook on interest rates from Kiplinger. How will a couple more short term rate hikes effect your retirement planning? Have long term rates peaked? Call me to discuss the potential perils and opportunities presented by our current rate environment.
https://www.kiplinger.com/economic-forecasts/interest-rates

07/04/2023

Wishing all of our friends and clients a wonderful Independence Day!

07/01/2023

We have received several requests for information via the Facebook Ad messenger. We can not respond to your requests if you do not have messenger enabled. Thanks for the interest and our available services are listed in the attachment!

06/27/2023

Excellent article from Forbes. A couple of takeaways:
1-Don't let perfection paralyze your decision making. A good plan is better than no plan.
2-Don't let past failure stop you from making future decisions. It's never too late to find the right path.
3-It's going to always be a journey. Very seldom does a plan not require some flexibility and changes along the way.

Financial planning is an exercise in mistake management more than a pursuit of perfection. Here are four elements of financial planning where failure plays a key role.

06/14/2023

Here's a couple of cool tools to play around with. The first one is the state of Georgia's lost property registry. You can find life insurance settlements, security deposits, IRAs etc.
https://dor.georgia.gov/unclaimed-property-program/how-do-i-search-unclaimed-property
The second i will post in the comments but it is a national registry for lost retirement plans.

05/30/2023

A really good article from one of my competitors. If you teach your kids one thing, teach them to save early. 10% for long term goals, 10% as a safety net is a pretty good rule of thumb.

When you’re trying to grow your money, compound interest is a key financial concept worth knowing.

05/04/2023

This chart means different things for different investors. Age, risk tolerance, risk capacity, required income, stage of savings/spending all play a part in how we interpret long term investing. Schedule a time to sit down with us and understand how you can use historical trends to maximize your retirement outlook.

04/13/2023

Good article discussing the changes to the retirement universe enacted under the Secure Act. All retirees need to take a proactive approach to monitoring their retirement accounts.

America is facing a retirement crisis. Surveys conducted by the Federal Reserve have found that only 75% of non-retirees have any retirement savings whatsoever, and only 40% feel that their retirement savings are on track. Secure Act 2.0 is Congress’s latest attempt to address this pressing issue

03/30/2023

Life Insurance is an often overlooked part of a client's overall financial outlook. Do you have the right kind of insurance, term, permanent etc.? Do you have an adequate amount of coverage? Have life changes necessitated new or revised coverages? Are your beneficiaries up to date? It's important to review your life insurance needs periodically to determine if your current contracts are protecting you and your loved ones. Call me to set up a life insurance review. I can handle anything from simple and cost effective term polices to complex policies such as COLI, Premium Finance, & Private Placement contracts.

03/20/2023

Interest rates are hot topic right now with the Fed raising rates in the midst of a bank panic. Where do rates go from here? One of the tools i use to project future rates is the https://www.pensford.com/resources/forward-curve
With market risk and interest rate risk in flux, now is a great time to review any fixed rate annuity or certificate of deposit holdings you have. Are you maximizing your return?

Forward Curve is the market’s projection of LIBOR based on Eurodollar Futures and Swap data. The forward curve is used to price Interest Rate Options.