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Big State Financial | Financial Blog2025-05-02T09:16:54+00:00

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Are You Ready for Endless Summer?

It’s time to start planning your summer, and whether you’re going to laze around on the beach, visit friends, or take a trip, it’s important to also start thinking about your retirement plan. On average, we spend more time every year planning for vacations than planning for retirement – and retirement is much longer than any vacation you will take. [...]

June 17th, 2019|Lifestyle, Retirement Planning|

What is a Phased Retirement Program?

Some look forward to their last day of work, some are disappointed to leave coworkers and a purposeful career, and others are somewhere in between. There are many things to love about retirement, like the freedom to travel, spend time with family and friends, and just wake up whenever you want, but hopefully there are also things you love about [...]

June 11th, 2019|Retirement Planning|

The State of Social Security

The annual report on Social Security’s financial condition was recently released, and many are worried about the program’s solvency. The annual cost of the program is expected to exceed its income for the next 75 years starting in 2020. And, the trust fund that covers retirement benefits is expected to be depleted by 2034. This seems grim, but it’s unlikely [...]

June 3rd, 2019|Social Security|

Memorial Day

Memorial Day means a lot of things to Americans. For those who have lost a family member to war, it could be a time to reflect on that service member's life. It can mean the same for anyone who has a family member currently serving in a hostile part of the world. But as Americans, we wouldn’t be able to [...]

May 21st, 2019|Uncategorized|

Why You Should be Worried About Inflation

You may have heard that we’re on the brink of war – a trade war that is, with China. Trump’s proposed tariffs on imported Chinese goods and services has already affected the market, and could affect inflation. If tariffs are imposed on $300 billion worth of Chinese goods, the core inflation rate would rise noticeably above 2% next year, according [...]

May 20th, 2019|Financial Planning|

Finding Happiness in Retirement

There’s no doubt that our culture is obsessed with youth and often overlooks the benefits of aging. You may not have looked forward to getting older when you were younger, but now that you’re nearing retirement you may have gained a different perspective. The fact is, older Americans tend to be happier, according to a Gallup-Healthways poll that measured various [...]

May 14th, 2019|Lifestyle, Retirement|

3 Things to Keep in Mind When Estate Planning

Estate planning is an important part of retirement planning for many reasons: You’ve worked hard for your money and want to see your children and grandchildren benefit. And, you want to see it passed down in the most efficient way possible. Unfortunately, costly mistakes are all too easy to make, from forgetting to name a beneficiary to not updating your [...]

May 6th, 2019|Estate Planning|

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