"The stock market gave 401(k)s a 19% boost last year. Inflation cooled. Still, lots of people feel no closer to hitting their magic number for retirement. It would take $1.46 million to retire comfortably, according to a recent survey of 4,588 adults released Tuesday by financial-services company Northwestern Mutual. That is up from $1.27 million a year ago. And over $1 million more than the average survey participant’s nest egg." #retirement #retirementplanning #401k #403b Investments & Wealth Institute Lau & Lau Associates, LLC
About us
Lau & Lau Associates provides stewardship of your financial life. We start with comprehensive fact finding and a thorough understanding of each client: -Your Past Experiences with Money -What Keeps You Up at Night -Your Current Situation -Goals & Aspirations -Constraints We ensure all parts of your financial life are integrated to help you see how one decision may impact other parts of your life. Family governance decisions should be made with the big (complete) picture in mind. Founded in 1940 in Detroit, by Donald F. Lau, Lau & Lau Associates has been serving the needs of both businesses and individuals for more than 70 years. Our expertise and stewardship lies in the following areas: • Wealth Planning • Asset Management • Insurance & Risk Management • Employee Benefits • Executive Benefits
- Website
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http://www.lau-financial.com
External link for Lau & Lau Associates, LLC
- Industry
- Financial Services
- Company size
- 11-50 employees
- Headquarters
- Bloomfield Hills, MI
- Type
- Privately Held
- Founded
- 1940
- Specialties
- Employee Benefit Solutions, Asset Management, Executive Benefits, Risk Management, Employer Sponsored Retirement Plans, Insurance, and Estate & Wealth Planning
Locations
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Primary
Get directions
Bloomfield Hills, MI 48304, US
Employees at Lau & Lau Associates, LLC
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Brandon Viers
Senior Client Relationship Manager at Lau & Lau Associates
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Leslie Sikes
Lau & Lau Associates: Private Wealth Services/Corporate Benefit Solutions as the Executive Assistant and Office Admin.
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Vibha Kondur
Employee Benefit Analyst
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Jonathan D. Lau, CFP®, AEP®
Certified Private Wealth Advisor®
Updates
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Lau & Lau Associates, LLC reposted this
(Asset) location, location, location! #taxes #investing #wealthplanning Lau & Lau Associates, LLC Investments & Wealth Institute
5 Ways to Cut Your Taxes on Income Investments
barrons.com
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"Fraud cost U.S. consumers more than $7 billion during the first three quarters of 2023, according to the Federal Trade Commission. Those figures are up 5% compared to the same period in 2022. 'Fraud is at a crisis level in this country,' said Kathy Stokes, director of fraud prevention programs at AARP. Perpetrators of these types of crimes may be organized gangs or transnational criminal enterprises with employees who have scripts they follow to lure victims. 'They have the money, they have the time and they’ve got the playbook to get you into that heightened emotional state,' Stokes said." Federal Bureau of Investigation (FBI) FBI Cyber Division U.S. Department of the Treasury U.S. Secret Service #fraudprevention #personalfinance Investments & Wealth Institute
‘Fraud is at a crisis level,’ says expert: 5 financial scams to watch out for in 2024
cnbc.com
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"That’s why investors often leave money on the table by bailing when they’re winning and pile up losses by sticking with bad bets, the researchers find. The results throw into question a European Union policy requiring brokerages to notify clients when their investments are eroding." #investing #behavioralfinance Investments & Wealth Institute The University of Chicago Booth School of Business
The Two Big Strategic Mistakes That Investors Make
chicagobooth.edu