What Is a Custodial IRA?
Most parents worry about their children as they grow up; however, you'd think that would stop once they reach adulthood. Parents always look to set their children up for a ...
Retirement Planning
Let's make a plan
Are you worried about outliving your assets? You're not alone. Many people know that retirement can mean 20 or 30 years of "salary-free" living and they worry that they might not have enough money when they are ready to retire. Retirement planning is a crucial aspect of wealth management that helps ensure financial security and stability during one's retirement years. It’s best to start early to plan for retirement, but tools can be leveraged at any time and any age. Whether it be tax-advantaged accounts like 401(k)s or IRAs or managing investment risk, there are many solutions to consider. There are even options that account for future healthcare needs and long-term care planning. Retirement planning is integral to wealth management as it ensures that you are financially prepared for the future, helps manage risks, and aligns your resources with your long-term goals. By planning ahead, you can achieve a comfortable and secure retirement, mitigate financial risks, and leave a lasting legacy.
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Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker/dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. Salem Five Bank and Salem Five Investment Services are not registered as a broker/dealer or investment advisor. Registered representatives of LPL offer products and services using the name Salem Five Investment Services, and may also be employees of Salem Five Bank. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, Salem Five Bank or Salem Five Investment Services.
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