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Selling Your Home After Retirement: The Benefits of Downsizing

Submitted by Sims Investment Management, LLC on April 8th, 2021

If you’re nearing retirement age, you’re probably thinking about what life will look like once you’ve stopped working full time. There are many benefits to retiring—like more time to spend on your hobbies and with people you love—but there’s also the uncertainty of living on a fixed income.

Tags:
  • Downsizing
  • Real Estate
  • Retirement
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The Pros and Cons of Investing in a 529 Plan for College

Submitted by Sims Investment Management, LLC on April 1st, 2021

If you’re a parent of a child who may be heading to college in the future, it’s likely that you’ve thought about how to pay for their tuition. But paying for college is no small feat—with tuition rates constantly rising, college is a huge investment. One of the best ways to be prepared for the cost of college is to start saving early.

Tags:
  • 529 Plans
  • Education
  • Investing
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Understanding Exchange-Traded Funds

Submitted by Sims Investment Management, LLC on March 25th, 2021

Thinking about where to invest your money can be overwhelming and confusing, especially for those who are unfamiliar with all options for investing. If you’d like to take advantage of the ease of stock trading with the diversification of mutual funds, exchange-traded funds (ETFs) can potentially give you the best of both worlds.

Tags:
  • ETFs
  • Finance
  • Investing
  • Mutual Funds
  • Stock Market
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Should You Retire at the Same Time As Your Spouse?

Submitted by Sims Investment Management, LLC on March 18th, 2021

If you and your spouse are making plans to retire, you’re probably wondering whether it’s a good idea to retire at the same time. Many couples go through the same thought process and, in fact, one in four couples quit their jobs within a year of each other.

Tags:
  • Financial Planning
  • Investing
  • Retirement
  • Stock Market
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Help, I made a decision, and it’s all your fault

Submitted by Sims Investment Management, LLC on March 8th, 2021

Help, I made a decision, and it’s all your fault

By: Cory Sims

Tags:
  • Forgiveness
  • Investing
  • Retirement
  • Student Loans
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Explaining the Benefits of a 401(k) to Young Adults Entering the Workforce

Submitted by Sims Investment Management, LLC on February 18th, 2021

If you have a child graduating from high school or college and entering the workforce, they may have the opportunity to open up a 401(k) through their new employer. In some cases, that employer will also offer matching contribution funds up to a certain percentage.

Tags:
  • 401(k)
  • Retirement
  • wealth
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The Basics of Paycheck Protection Program Loans: Round Two

Submitted by Sims Investment Management, LLC on February 11th, 2021

The year 2020 was unprecedented for so many reasons—all because of the COVID-19 pandemic. Many suffered from job losses, had to juggle childcare while working from home, and tried to keep their small businesses open with few resources.

Tags:
  • Benefits
  • Covid
  • PPP
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Medicare in 2021: Here’s What You Need to Know

Submitted by Sims Investment Management, LLC on January 28th, 2021

Many older Americans rely on Medicare for their health care needs. But it’s not always easy to figure out what’s covered and how much it will cost. Medicare benefits change from year to year, and 2021 is bringing an increase in premiums for participants. The good news is, there are other ways to save on Medicare costs.

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  • Medicare
  • Retirement
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1099 Forms

Submitted by Sims Investment Management, LLC on January 21st, 2021
Tags:
  • 1099
  • Tax
  • wealth

Is a Reverse Mortgage a Smart Path to Extra Retirement Cash Flow?

Submitted by Sims Investment Management, LLC on January 14th, 2021

If you’re over the age of 62 and in need of some extra cash flow in your retirement, you may be considering a reverse mortgage. Borrowing money from your home equity might sound like a good idea, but is it actually a wise move financially? Here are some things to consider when making the decision to take out a reverse mortgage on your home.

Tags:
  • Retirement
  • Reverse Mortgage
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