Finding the Sweet Spot in Your Financial Plan - November 16, 2023
Equilibrium Wealth Advisors
Wealth Management firm serving physicians, retirees, corporate leaders, and business owners.
Finding the sweet spot in your finances is striking the balance between the many paradoxes that come with success:
A good financial plan can help you navigate and calibrate your life by design which we define as living stress free now and looking back with no regrets later.
In This Issue You Will Find...
I. Market Commentary
II. Top 3 Weekly Picks
III. Weekly Blog
IV. Weekly Podcast
Market Commentary
The Markets
Earnings grew in the third quarter.
Four times a year, during earnings season, publicly traded companies report how well they performed during the previous quarter. The strength of corporate earnings – also known as bottom-line profits – is one of the economic indicators that investors watch closely.
EWA's Weekly Picks
As many look to year end to donate to their favorite charities, here is an interesting statistic on recent charitable giving
For Physicians: Clearly Define Your Work Locations and Call Coverage
领英推荐
What We're Learning: The Power of Habit: Why We Do What We Do in Life and Business
By: Charles Duhigg
Success can be achieved by focusing on the patterns that shape every aspect of our lives. Companies and people succeed by transforming habits already present in life.
Team Takeaways:
1. Do something enough and it becomes a habit, good or bad.
2. The key to exercising regularly, losing weight, raising exceptional children, becoming more productive, building revolutionary companies and social movements, and achieving success is understanding how habits work.
3. Habits aren’t destiny. Using the science behind then, you can transform your life.
4. Changing habits requires identifying the cues and rewards that trigger and support the habit behavior, then trying out various substitutes for the behavior that might achieve the same reward.
EWA BLOG
Unlocking Financial Success: Discover the Key Characteristics of a Perfect Financial Plan in our latest blog. From clear goals to diversified investments, we'll guide you through the elements that set the foundation for financial security and prosperity.
FIN-LYT by EWA Podcast
In this episode of FIN-LYT by EWA, Matt Blocki and Jamison Smith dive into a financial strategy that often flies under the radar but has the potential to supercharge your retirement savings: the Mega Backdoor Roth.
Many individuals may be familiar with traditional retirement savings options, but the Mega Backdoor Roth 401k is a less well-known yet incredibly powerful tool that can help build your retirement nest egg more rapidly.
Matt and Jamison will break down the intricate details of this strategy, explaining how it works and why it's a game-changer for many clients. It's a financial maneuver that can make a substantial difference in your retirement portfolio.? Tune in to learn the ins and outs of the Mega Backdoor Roth, uncover its benefits, and discover how you can leverage it to secure a more financially secure retirement.