financial advice

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How the recession changed retirement planning

The economy may be recovering, but some of the changes wrought by the recession may be long-lasting.

Anyone planning for retirement, no matter what their age, needs to take those changes into account, said financial advisor Philip Rousseaux, a member of the Million Dollar Round Table association’s exclusive Top of the Table forum for the world’s most successful financial services professionals.

“People in their 40s and younger have some time to retooltheir plan, but Baby Boomers need to think with more urgency,” said Rousseaux, founder and president of Everest Wealth Management.

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Defending debt: Why it’s sometimes good

(Editor's note: SDGLN contributors are entitled to their opinions; they do not necessary reflect the views of SDGLN.)

When it comes to the best ways to use money, too many Americans operate under a key misconception, investment adviser and financial planner Ike Ikokwu says.

“Money is opportunity, and having a blind spot for maximizing investment can drastically reduce one’s future options,” said Ikokwu, author of Winning The Money Game: Separating The Myths From The Truth.

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