Last week, a devastating winter storm almost brought the Texas power grid to a complete stop. The system collapsed from a surge in energy demand coupled with frozen utility plants during brutal winter storms.
Growing older is one of those things that happens to everyone but most of us are too busy dealing with what is going on now to give it much thought. Successful aging requires not only being financially prepared but also assessing and adapting to the physical and mental challenges that may occur over time. It also requires acting early, planning to discuss and anticipate common aging-related life challenges, and making sure all legal documents are in place.
Investing is challenging to begin with, but even more so when there is a global pandemic at hand, and an economic shock unlike anything we have seen in nearly 100 years.
Like a Shakespeare play, COVID 19 is giving us order and disorder, life and death, some might even say youth and age conflicts. We are absolutely living in a world encapsulating Power, Nature, Love and Relationships, and Conflicts.
Elena Ladygina, CFP®, and Monica Jalife, CFA, CFP®, of Withum Wealth Management shared a special presentation to the Women of Withum group in Red Bank, NJ, on October 22nd entitled, “Investing in Your Future.”
Various programs have been implemented to give individuals incentives and tax advantages to help offset healthcare costs (current and future).
Monica Jalife, CFA, CFP®, MBA is a Wealth Advisor and Principal at Withum Wealth Management.