Career Builders

Helping you set and attain your financial goals

 

Career Builders seek promotions and may have already changed employers.  While promotions are exciting, the added employer expectations and time demands may put your investing decisions on the back burner.

Integras Partners with Career Builders who want to be better stewards of their money.  You may have scattered investments, a growing savings account, and a desire to better understand your investment opportunities. This is a great time to define your financial goals and establish behaviors that help attain them.

Early investors can reap tremendous returns.  Investment returns compound over time, so starting early gives you a great head start towards retirement and financial independence. Even if you later need to taper down investing when starting a family or buying a home, your existing investment will continue to grow, as shown in the chart below.

Family hiking together
established pro

Notes: Assumes an 8% interest rate, compounded annually.

Source: Catanzaro, M. (2018). How Does Compound Interest Work? Federal Reserve Bank of St. Louis

Insights for the Career-Minded

Reflecting on 2023

Reflecting on 2023

While the S&P 500 rose 26% at the headline level, it was almost entirely due to just seven “magnificent” tech stocks.

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Strategies for Charitable Giving – Part 1

Strategies for Charitable Giving – Part 1

If you are already charitably inclined there are two gifting strategies that you should be aware of, Qualified Charitable Distributions (QCDs) and gifting appreciated stock. To realize tax benefits for 2023, both need to be done before the end of the year.

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Will Rising Interest Rates Cause a Recession?

Will Rising Interest Rates Cause a Recession?

August, September, and October are historically the worst three months for market performance and 2023 was no different. Everything but cash, oil and short-term treasuries had negative 3rd quarter returns. The S&P 500 lost 3.25%, small caps fell 5%, international markets dropped 3.5%, and long-term treasuries lost an astounding 8%.

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Should I Opt-Out or Take the Company Pension?

Should I Opt-Out or Take the Company Pension?

Do I want to rely on the company’s future financial strength? How long will I live? What will inflation do to my pension income over time? What happens if I die? Should I take a lower amount to protect my spouse? What happens if they die? Do I have a choice to take a lump sum and control how and when I spend the money?

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Gift Mandated Retirement Distributions Tax-Free

Gift Mandated Retirement Distributions Tax-Free

Required Minimum Distributions (RMDs) take effect the year an IRA owner turns 73, so the government can start collecting taxes. This is payback for making tax-deductible retirement contributions while working. A few years ago, Congress enabled retirees to give any...

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You Can Have Peace of Mind about Your Retirement

You Can Have Peace of Mind about Your Retirement

In an ongoing University of Michigan survey, older Americans recently expressed less confidence about having a comfortable retirement.[1]  Inflation is the likely driver of this worry (both inflation itself and the affect it has had on the stock market). To top...

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No matter where you stand on your financial journey, we’re here to help.

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