Financial news with your lifestyle in mind
UMB Private Wealth Management creates the InSight Newsletter, which delivers fresh content about industry and financial trends as well as educational financial planning information - keeping you informed and prepared. The
our economic outlook
construction loan process
advice for handling an unexpected financial windfall
Dana Abraham, President, UMB Personal Banking
Summertime marks the mid-point of the year, so now is a good time to take a moment to check in on your full financial picture, including a review of your goals and progress you've made toward milestones. Statistics show almost four million Americans anticipate retiring in the next 15 years, and there are key considerations that can help anyone prepare, whether retirement is right around the corner or 20 years away. We encourage everyone to have a solid plan for retirement, which begins with understanding your core numbers: anticipated age of retirement, how much income you'll need to maintain your current lifestyle after retirement, and the value of your assets and cash savings. Having a clear picture of your current and future states makes establishing priorities simpler. Keeping these numbers in mind as you make other financial decisions ensures your goals and choices remain in alignment.
We hope you find the information in the summer edition of InSight to be informative, and we thank you for your continued patronage.
View the InSight newsletter archives