If I Could Only Teach One Financial Lesson

The financial world is complex. Rules and regulations change every day. Events happen that are outside our control. And to make matters even more complicated, everything is interconnected.


Fortunately, you don’t need to understand how everything works. You just need to know what you have to do to achieve your financial goals.


And that is actually quite simple. All you have to do is follow my number-one financial lesson.

How Much Risk Is In Your 401(k)?

If I asked you to describe your 401(k), would you be able to do it? Do you know how much money is in the account or how you’re investing it? If you’re like 63% of Americans, you’re completely confused about how retirement plans even work.

Schedule A Social Security Review Meeting Today!

About one in six Americans are currently receiving Social Security benefits, most of them retirees. Born out of the need for a safety net during the Great Depression, it is now the major source of income for at least half of the nation’s seniors.


But even though Social Security benefits are designed to replace about 40% of pre-retirement income, 86% of pre-retirees don’t know how much they will receive. Despite its importance, many people make incorrect assumptions or get intimidated by the details. Unfortunately, not having a complete picture of the system and how your benefits work could be financially devastating. If you’ve ever tried to understand Social Security or navigate the system on your own and found yourself confused, you are the perfect candidate for a Social Security review.

Do You Know Someone Who Needs Our Help?

With the markets hitting both record highs and record lows lately, it’s no secret that things are a bit tumultuous out there. However, whether we see the markets become more steady or increasingly erratic, it’s essential that you keep in mind two important truths. First, markets can shift quickly. This can be great news when the market is unfavorable, however, this also makes it imperative that you have safeguards in place to help protect your savings from the inevitable future downturns. And second, reviewing your strategy as you near retirement is absolutely necessary in order to ensure your financial plan is in line with your retirement goals.  


See A Sample Financial Plan

When you’re about to drop a significant amount of your hard-earned money on something, how much thought and research do you put into it? Would you purchase a home without doing a walk-through and completing an inspection? Would you buy a car without taking it for a test drive first? Probably not. So why should you pay for a financial plan without knowing what to expect?


What To Do During Market Volatility

Don’t panic. Periods of market volatility can be anxiety-inducing, but they aren’t as bad as they seem—if you don’t panic. In fact, although it may seem counter-intuitive, with the right mindset, they can even be seen as an opportunity. It may seem impossible to think about opportunities after seeing your portfolio tank, but in the end, it all comes down to how you react. When the market begins fluctuating and you start feeling nervous, here’s what I recommend you do.


Happy Holidays From The Harvey Group!

With the holiday season in full swing, our team at The Harvey Group would like to take this opportunity to wish you and yours a happy holiday and a wonderful new year! We are grateful to have clients like you, and we appreciate your trust in us to provide exceptional services that help you experience confidence in your future and focus on your passions, knowing that we’re here to watch over your finances.


What We Are Thankful For In 2018

Happy Thanksgiving from our team at The Harvey Group! We want to take a moment to thank you for being a part of our family. We sincerely appreciate the trust you place in our firm, and we take our responsibility to you and your family very seriously.


What I Wish I Knew About Money When I Was Younger

Now that I’m safely out of my teens, looking back I can see that there was much more about money that I wish I knew when I was younger.

How To Handle Your Finances During A Long Bull Market

As a society, we seem to be obsessed with setting records. Just look at how many editions of the Guinness World Records books have been published! We are fascinated by historic events, athletes pushing their limits, and new inventions that have changed the course of history. Well, there are plenty of records being hit in the financial world as well. 2017 was a year of consistent record highs for the Dow Jones and S&P 500, and on Wednesday, August 22, 2018, our current bull market officially became the longest bull market in history. This is great news, but what does it mean for you and your money?