As a freelancer or contractor, at some point you may wish to incorporate and be taxed as an S corporation. Here’s a closer look at the process of becoming an S corporation and when switching might make sense for you.

Should I consider an annuity in my 40s and 50s?

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Building financial security doesn’t have to wait until you’re ready to retire. If you’re in your 40s or 50s, you’re likely experiencing life events that require careful planning, whether it’s shifting careers, supporting aging parents or rethinking priorities. This stage of life can be an ideal time to create a flexible financial plan that can adapt to the unexpected while helping position you for a more secure future. 

When it comes to retirement planning, one of the most common—and costly—mistakes is adopting a “set it and forget it” approach to your investments. While the idea of putting your money to work and leaving it alone may seem appealing, especially when life gets busy, failing to regularly review and adjust your strategy can expose you to unnecessary market risks.

In this article, we’ll explore how overlooking investment reviews, insurance updates, and risk exposure can derail even the most well-intentioned retirement plans. We’ll also show you what the market has really done over the last 25 years—and why your plan should be built on more than optimistic assumptions.