Articles & Guides

At Drake & Associates we believe in the importance of education and we firmly believe that if we can provide you with the knowledge and insight you need to make informed decisions the closer you’ll get to reaching your retirement dreams.



Choosing A Financial Advisor

Choosing A Financial Advisor

Choosing a financial advisor may be one of the most important financial decisions that you will ever make. The person you decide to work with will be in a position to influence critical investment and planning decisions, and the quality of his or her advice could heavily influence your long-term financial success. Whether you are preparing for retirement, planning an estate, selling a business or handling a wide range of complex financial matters, having the right advisor relationships in place is vital.


7 Principles of Long-Term Investing7 Principles of Long-Term Investing

Increasing your wealth over time is about more than making the right stock picks or always buying low and selling high. Too often, we see intelligent investors shoot themselves in the feet by making fundamental errors in their investing strategy.Through years of experience, we have observed the effects of fear, greed, lack of discipline and many other pitfalls that investors experience. We hope that you will find our list useful in helping you make investment decisions.
 


9 Investment Pitfalls9 Investment Pitfalls

Few words better characterize today’s financial markets than uncertainty. We believe investors need to adjust their expectations in order to adapt to the road ahead. It seems to be the nature of today’s markets to subject investors to sharp price fluctuations and confusing global events that test emotional fortitude at every turn. Experience has taught us that successful investing requires discipline and the patient execution of a strategy.
 


6 Critical Social Security Facts

One of the biggest mistakes today’s retirees can make is to underestimate the importance of Social Security in their retirement strategies. In an era of vanishing pensions and volatile markets, Social Security offers government guaranteed income that isn’t vulnerable to market risk, can’t be outlived, and can provide for your loved ones after your death. We developed this special report to help investors learn more about Social Security benefits and how to maximize their lifetime income from Social Security.


6 Retirement Questions Government Employees Should Be Asking6 Retirement Questions Government Employees Should Be Asking

As financial professionals who specialize in helping government employees transition from work to retirement, we understand that you may have questions about when and how you can retire. This special report addresses some common questions and presents some strategies to help you prepare for a more comfortable retirement.