Think Advisor

Excerpt:For many pre-retirees, the solution lies somewhere in the middle. While it may feel safer to focus first on debt, the best way to create financial security is to carefully consider varying interesting rates, return rates and present and future tax rates. “You’re always going to have a monthly bill,” said Michael Foguth of Foguth Financial. “If you’re just wanting to get rid of debt for psychological reasons, you have to consider you’ll always have taxes, insurance and living expenses.” In many cases, a combination of low-interest debt and higher-return investments will lead to the greatest net worth over the long haul.  See More


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