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Here at Cox Strategic Wealth, we are adhering to state and local guidelines in order to protect both the health and safety of clients and staff. Keeping our clients and staff safe is our highest priority and we’re taking all appropriate measures to ensure a safe environment. Should you prefer to not meet face-to-face, we are continuing to serve our clients through virtual settings such as Zoom or phone calls.

We look forward to continuing to help individuals and families achieve their ideal retirements.

Cox Strategic Wealth
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3 Simple Ways to Save for Retirement

Summer is here, and the future is brighter than ever. If you are busy planning, saving and budgeting for a summer vacation, use these tips to make the most out of your summer and get your retirement savings on track.

1. Spend less and save more. With this warmer weather, nothing sounds better than going out to dinner with your family or significant other after a long and stressful week at work. However, going to your favorite dinner spot can lead to more stress down the road. Consider making a meal at home and using the money saved to get ahead on retirement savings.

2. Make use of financial resources.  Saving for retirement can seem complicated, but there are tools that can help you plan. With plenty of resources such as mobile apps, books, and blogs (like this one) available at your fingertips, you can take full control of your retirement savings. Take advantage of tools like the retirement calculator to estimate your retirement living expenses or determine your Social Security retirement income.

3. Diversify your portfolio. Whether that means putting aside some money into your 401(k) or another savings account, avoid putting all your nest eggs in one basket.  Diversifying your portfolio also allows you to maximize potential gain and minimize risk. Go beyond the workforce and consider other options like purchasing a fixed indexed annuity. Adding a fixed indexed annuity to your portfolio can help ensure a lifetime stream of income.

https://fiainsights.org/3-simple-ways-to-save-for-retirement/

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Investment advisory services offered through Brookstone Capital Management, LLC (BCM), a registered investment advisor.  BCM and Cox Strategic Wealth are independent of each other.   Insurance products and services are not offered through BCM but are offered and sold through individually licensed and appointed agents.  Any comments regarding safe and secure investments, and guaranteed income streams refer only to fixed insurance products. They do not refer, in any way to securities or investment advisory products. Fixed Insurance and Annuity product guarantees are subject to the claims‐paying ability of the issuing company and are not offered by BCM.

The content of this website is provided for informational purposes only and is not a solicitation or recommendation of any investment strategy. Investments and/or investment strategies involve risk including the possible loss of principal. There is no assurance that any investment strategy will achieve its objectives.