Wurz Financial Services - Retirement Planning and Investment Management

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Do You Know Someone Who Needs Our Help?

Life doesn’t slow down for anyone, which means there is always plenty of change to keep up with. And when it comes to your money, there are two things that bring that change. First, the markets, which are volatile and confusing, can cause ups and downs in your savings. Second, life transitions and milestones can alter your priorities, causing you to reevaluate your strategies to make sure your financial plan is in line with your retirement goals.
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Is Anyone Paying Attention To Your 401(k)?

How much time do you spend planning your 401(k)? If you’re like most Americans, you spend more time planning vacations, instead of planning for retirement. This lack of planning can lead to being ill-prepared for retirement. Luckily, there are a few methods that you can apply to your 401(k) that will ensure a healthy retirement fund. Consistently contributing to your account, being aware of the fees, and understanding your risk tolerance will allow you to maximize your 401(k).
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How Does Your Retirement Savings Compare To Your Neighbors’?

By nature, we have a tendency toward comparison. When we feel we’re doing better than our neighbors, literal or figurative, we pat ourselves on the back. On the other hand, when there’s a part of our lives where we are not quite up to par, we quickly believe the grass is greener in someone else’s yard. But truth be told, this tendency isn’t always a bad thing. Comparing apples to apples can provide you with a baseline to gauge whether or not you are on track with things such as your retirement p
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What We Do And How We Can Help

The closer you get to retirement, the more the excitement builds. Unfortunately, questions and concerns can often grow too. You may find yourself wondering when to step away from work or if you have enough money saved to last the rest of your life. You might be curious about creating a Social Security or withdrawal strategy or worry about how a market downturn could change things for you.
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Quarterly Market Update: The Fake Rally

Welcome to the 2nd quarter of 2019! It’s almost as if the 4th quarter of 2018 didn’t even happen! Or is it? Is the crisis over? Or just starting?
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Why I Became A Financial Advisor

Financial advising is in my blood—so much so that it wasn’t even really a question of whether or not I’d spend my life helping others with their finances. My father has been in the financial services industry since before I was born, and since we all know that in parenting more is caught than taught, I caught the finance bug, followed in my dad’s footsteps, and have never looked back.
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Join Us For Our Complimentary Retirement Readiness Event Series!

How much thought have you given to your retirement? It's hard to avoid the topic, with articles, news reports, and so-called expert tips bombarding us. But despite the plethora of information, 83% of Americans do not feel fully confident that they will have enough money for a comfortable retirement. We want to change that!
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Business For Breakfast Event Announcement

At Wurz Financial Services, we care about educating our clients and giving them the knowledge and tools they need to make the right decisions for their lives and walk forward in confidence. While we serve people from many walks of life, a large portion of our client base is attorneys and their families. Successful lawyers spend their days helping others to make smart decisions, but who helps them with their decisions about their own business and money?
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Are recessions predictable?

Is it possible to predict recessions? You may be surprised by the answer!
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RMD Rules for Success!

When you reach 70 ½, the IRS will require that you start taking distributions from your qualified retirement accounts. Here are some basic guidelines to help you avoid mistakes and penalties!
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Pied Piper Powell: Leading Investors Off a Cliff

Is the worst of the market's volatility over with or just beginning? Find out our perspective!
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For retirees, averages are deceiving!

Many retirees and naive financial advisors use long term average rates of return for the stock market in planning. That could be a costly mistake. Learn why here.
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Worst Predictions Part 1: Dow 36,000

Stock market predictions have a way of being wrong--sometimes terribly wrong. Here's an example of one that was way off--made during a time of extreme optimism--and what it teaches us about how to be better investors.
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My Top 3 Financial Game Changers

Get ready… because these three simple things could change your future.
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Stock Scoop for September

The first week of September has been challenging as markets retreat from their August highs. What's going on?
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3 Secrets to Higher Social Security Benefits

Social Security is very complex and has many different benefits and provisions that you may not know even exist.
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Why we make bad investment decisions

Investors over-estimate how logical they will be in a crisis and underestimate the role that their emotions play.
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Stock Market Scoop - July

For the month of July, the Dow Jones Industrial Average was the clear leader among US indexes in July, adding over 1100 points, a gain of 4.7%, while the Nasdaq added 2.2%. By market cap, the large cap S&P 500 added 3.6% in July, while mid-caps and small caps lagged, each rising a lesser 1.7%.
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Life's Biggest Danger is Living

We specialize in working with people who are on the cusp of retirement. Many of these people come to us because they have big fears about the future. What are your biggest fears about retirement? Your biggest fear should be immortality--or at least living way longer than you expected.
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Stop Listening to Stock Market Predictions!

For years investors have relied on predictions from the big, fancy firms of Wall Street. They're usually notoriously wrong though. Here's why.
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Filing for your social security benefit forfeits your auxiliary benefits

The moment you file for your retirement benefit you will forfeit forever the ability to file for any other benefit just by itself—with the exception of widow(er) benefits for spouses who were widowed before taking their retirement benefit. What are these “other” benefits?
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Warning: Diversification May Not Reduce Risk

Have you heard the word diversification before? If you've ever met with an advisor or paid attention to the stock market, you've probably heard of the importance of diversification, i.e. spreading your money across a number of assets. You've probably heard that by doing so, you'll reduce the risk level of your overall portfolio.This is a half-truth. Here's why.
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Stock Market Scoop: Bull Market Regains Steam

In our Stock Market Scoop, we'll analyze how the stock market has performed and give you our insight on where the trends may be headed. Let's start with the big picture. In the big picture, the bull-bear indicator suggests that US equities are still in a cyclical bull market. In the graph below, you'll see that the bull-bear indicator is well above the bear market threshold. The value of this indicator is 69.90 as of June 1, which is up from last month.
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Myth: You Can't Avoid a Bear Market

In our Monthly Market Myths and Mistakes, we’ll de-mystify the stock market for you by highlighting a common myth that investors believe or mistake that investors make and hopefully help you become a better investor. News outlets and websites devoted to stock market news are rife with examples.Here’s one I came across recently on Market Watch—an article entitled, “Why trying to avoid a bear market can be a costly mistake for stock investors.” The author claims that...
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How to forecast expenses in retirement

I've talked to a lot of retirees and people close to retirement. And I've run into some very smart people! Many retirees I talk to have done their own financial forecasting and modeling, trying to estimate what their expenses will be 5, 10, 15 years from now and if their portfolio will be able to sustain the spending.So exactly do you forecast your expenses in retirement? This is tricky. Even the most avid budgeter is going to be off because there are a lot of...
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What to do if stocks have peaked!

As reported by CNN Money, 58% of global money managers surveyed by Bank of America Merrill Lynch believe that either the stock market has already peaked or that it will peak this year. Given the rough start to the year, it’s not hard to see why they are feeling this way. So what happens next? A prolonged downturn?It’s possible. Cracks are starting to form in the global economy. The U.S. economy is slowing. GDP is being revised...
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Planning Faux Pas: You Only Get One Social Security Benefit

In our monthly planning faux pas, we’ll highlight potentially devastating mistakes or misconceptions that retirees will want to be aware of in regards to social security and other aspects of financial planning. Here’s one: Social Security won’t pay you two benefits at the same time. If you are entitled to more than one benefit, you’ll receive the larger of the two (or something close to it). For example, married couples are entitled to collect on their spouse’s...
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Check the background of this financial professional on FINRA's BrokerCheck