About — Cove Financial Planning, LLC

My name is Ben Smith, and I am the Founder of Cove Financial Planning. I believe that everyone, of age regardless, occupation, net well worth, and investment experience, deserves a personalized financial plan and the peace of mind that are included with it. Prior to starting Cove, I worked well for a number of investment companies and noticed how boring just, complicated, and off-putting trading can be for many people. Traditional advisors also have a reputation for specifically providing to high-net-worth individuals, while disregarding up-and-coming professionals who’ve the best asset of most: time!

In 2008, the entire year Obama was elected, people in poverty represented 13.2% of the nationwide populace. In 2012, they displayed 15.0% of the population. 90.5 million working-age Americans are considered to be “not in the labor force”. The work-force participation rate is the lowest it has been in 35 years. 516,000 Americans “left the labor force”. That was a fresh all-time record high. 77% of the careers which have been “created” up to now this year have been part-time careers.

  • Latest Noble Prize Winners, Padam Awards Winners, Miss India, Miss World Miss Universe Etc
  • A declaration of compliance with IFRSs
  • ► May 25 (1)
  • Lower baseline/set expenses
  • Avoid purchasers remorse
  • They provide useful services with their customers
  • The property’s latest annual taxes evaluation
  • Kotak Mutual Fund

Approximately one out of every four part-time employees in the us is living below the poverty series. The nominal unemployment rate is still high, however the real jaw-dropping simple truth is the true quantity of working-age Americans who aren’t working. Today that is 100,000,000 Americans out of a complete population of about 310,000,000. Demographically, about 80,000,000 Americans are minors and about 40,000,000 are age 65 or older.

That leaves approximately 190,000,000 Americans who are adults of working age. About half of these don’t have a full-time job. In America today, only 47% of adults have a full-time job. According to one recent study, 76% of most Americans are living paycheck to paycheck. 10 one-hour or less.

The U.S. economy continues to trade good-paying jobs for low-paying jobs. 60% of the careers lost during the last tough economy were mid-wage careers, but 58% of the careers created since that time has been low-wage jobs. In 1980 Back, significantly less than 30% of most jobs in America were low-income careers. Today, more than 40% of most jobs in the United States are low-income jobs. regard to scholarly research that premiered by the Center for Economic and Policy Research, only 24.6% of most jobs in America qualify as “good jobs” at this time.

18.50 an hour. According to the authors, this is the exact carbon copy of the median hourly pay for American workers back in 1979 after you adjust for inflation. 3 The job must provide usage of an employer-sponsored retirement plan. 7 billion a year to supplement the wages of fast-food workers, even as the leading fast-food companies earn billions of dollars in annual profits, Tuesday according to a set of reviews released. More than half of the nation’s 1.8 million “core” fast-food employees rely on the federal safety net to pay the bills, the reports said.

More than 4 in 5 old Americans expect to keep working throughout their latter years, a sign that traditional pension has gone out of reach for huge swaths of society, according to a fresh survey. Among People in America age groups 50 and old who’ve jobs presently, 82% is preparing to work in a few form during retirement, according to the poll by the Associated Press-NORC Center for Public Affairs Research. In other words, “retirement” is becoming increasingly a misnomer.

The still-sluggish economy, battered 401(k) pension plans and inadequate cost savings are upending traditional notions of pension. Add in an expected upsurge in lifespans and the result is a generation of workers facing dim financial potential customers for what used to be known as the fantastic years. 100,000 or less kept for retirement. And despite standard wisdom, people can’t depend on working until they drop simply. One-third of retirees say they didn’t have a selection in your choice to leave the workforce, the survey found. Quite simply, many were forced out by ill layoffs or health.