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Javier Simon

Banking, Retirement and Investing Expert

Javier Simon is a banking, investing and retirement expert for SmartAsset. The personal finance writer's work has been featured in Investopedia, PLANADVISER and iGrad. Javier is a member of the Society for Advancing Business Editing and Writing. He has a degree in journalism from SUNY Plattsburgh. Javier is passionate about helping others beyond their personal finances. He has volunteered and raised funds for charities including Fight Cancer Together, Children's Miracle Network Hospitals and the National Center for Missing and Exploited Children.

Posts by Javier Simon:

by Javier Simon Jul 23, 2019

The Series 66 license is required to work as an investment advisor in the United States. To obtain it, you must pass a rigorous exam covering methods of delivering investment advice and other topics. Below, we’ll tackle what the exam is, what exactly it covers and how you can best prepare. Read more

by Javier Simon Jul 23, 2019

Gross domestic product (GDP) measures the market value of all goods and services a country produces in a specific time frame. It’s used to gauge a nation’s economic growth and its people’s standard of living. GDP also guides investment decisions and economic policy that affects everyone. This article will explain GDP, how it works and why it matters. A financial advisor can also help you understand GDP to make better investing decisions. Read more

by Javier Simon Aug 01, 2019

When you first embarked on your retirement planning journey, your goal was probably to save as much as possible and generate the biggest returns you could through a diversified portfolio. But as you get closer to your golden years, you need to protect your nest egg like never before. That’s where a good retirement income planning strategy comes in. Our guide will cover some steps you can take to make one. We can also help you find a financial advisor to guide you in building a strategy that’s specific to your individual goals and needs. Read more

by Javier Simon Nov 08, 2019

If you want to spend your retirement in year-round warmth with the backdrop of rain forests or beaches, the Philippines may be your ideal option. The cost of living in the Philippines dips… Read more

by Javier Simon Jan 15, 2020

The Series 7 exam is one of two exams that registered representatives of broker-dealers must pass to sell and trade most securities as a financial services professional. The exam mainly covers… Read more

by Javier Simon Sep 09, 2019

A Series 57 license allows brokers to trade equities and convertible debt securities in the U.S. To obtain one, you must pass the Series 57 exam. This test covers topics like equity trading concepts… Read more

by Javier Simon Mar 02, 2020

Chapter 13 bankruptcy, also known as a wage earner’s plan, is a court-approved process that lets you create a repayment plan to cover most or all of your debt over the course of three to five years.… Read more

by Javier Simon Jan 13, 2020

Financial Independence / Retire Early, aka FIRE, has come to connote the idea of saving and growing enough money so that you can stop working for a living at a younger age than your folks did.… Read more

by Javier Simon Dec 12, 2019

Is the thought of losing your employer-sponsored health plan keeping you from retiring early? Don’t stress. There are plenty of ways you can kick off your golden years early while still having… Read more

by Javier Simon Sep 23, 2020

The Series 7 license allows professionals to sell securities in the U.S. To obtain it, they must pass a rigorous exam covering various financial topics. The Financial Industry Regulatory Authority … Read more

by Javier Simon Dec 13, 2019

Whether you’re in your 20s and just embarking on your career path or you’re a seasoned professional ready to step into the golden years, it helps to know the top retirement planning strategies. In… Read more

by Javier Simon Aug 28, 2020

Probate is the court-supervised process of validating the will of a deceased person, or decedent. It involves identifying the person’s final assets, paying their last debts and distributing their… Read more

by Javier Simon Mar 19, 2021

Net income refers to a company’s earnings minus business and operating expenses. An individual’s net income is equal to total income minus applicable deductions and taxes paid. Net income helps you… Read more

by Javier Simon Dec 13, 2019

We designed our guide to health insurance for retirees to help you explore your options quickly and efficiently. After all your hard work, you deserve to enjoy your retirement without worrying about… Read more

by Javier Simon Jul 25, 2019

Opening a Roth IRA for kids is easier than you may think. You can open one at several brokerage firms and banks. And you can manage the investments on behalf of your child. In this article, we’ll… Read more

by Javier Simon Feb 28, 2019

If you’ve served your country honorably or are considering doing so, you deserve to retire with dignity. But navigating the terrain of the active duty retirement system can be tough. Ultimately, the… Read more

by Javier Simon Mar 01, 2019

Roth IRAs and Roth 401(k)s are retirement savings vehicles that can protect your earnings from Uncle Sam when you withdraw your money in retirement. But one may be better for you depending on your… Read more

by Javier Simon Jan 12, 2021

A Coverdell ESA, formerly known as an Education IRA, is a tax-advantaged savings vehicle designed to help parents pay for the educational expenses of a child under the age of 18. It offers several… Read more

by Javier Simon Aug 27, 2020

Finviz is a browser-based platform offering a free stock screener, market research, financial news and more. Most of its services are free, but it also offers a subscription package with enhanced… Read more

by Javier Simon Jan 15, 2020

Trend investing is the process of putting your money in stocks, industries or markets expected to boom consistently in the future. The idea is to ride the trend up until it’s the right time to jump… Read more

by Javier Simon Feb 26, 2019

Betterment and Personal Capital stand as two of the biggest robo-advisors available today. Betterment oversees more than $13.5 billion in assets under management (AUM), and Personal Capital juggles … Read more

by Javier Simon Oct 02, 2020

Unclaimed money is cash you are owed from a variety of source that you’ve not gone through the proper channels to get for yourself. It can come in the form of inactive financial accounts, unclaimed… Read more

by Javier Simon Sep 19, 2019

Beta measures how volatile a stock is in relation to the broader stock market over time. A stock with a high beta indicates it’s more volatile than the overall market and can react with dramatic… Read more

by Javier Simon Jan 07, 2020

Mutual funds attract investors for many reasons. For starters, mutual funds are diversified and professionally managed investment vehicles. Their structure eliminates the need to pick securities… Read more

by Javier Simon Jan 20, 2021

If in 2020 you gave someone cash or property valued at more than $15,000, you’ll have to fill out Form 709 for gift tax purposes. But don’t fret. This doesn’t always mean you’ll owe an actual tax.… Read more