Are you aware of the different options available to you when saving for your children’s (or grandchildren’s) college costs? Here is a glimpse at each option. Read More
Life insurance blah blah blah. Is that what you hear when someone mentions it as part of your new job’s employee benefits round-up or when you see something about it on TV or social media? Not to worry: we’ve got the low-down on what you need to know. And it’s really not as overwhelming (or underwhelming) as you might think.
COVID-19 has led families to cancel travel plans, get (semi!) comfortable with homeschooling kids and deal with all kinds of other inconveniences.
As if that weren’t enough, it’s also making many families take a closer look at their finances and make sometimes difficult financial decisions. Read More
We get it: No one wants to think about death—for us or the ones we love. And a lot of people equate life insurance with death. And while it IS there if the worst were to happen, it can also do so many other things, and doesn’t have to break your budget while doing it. Check out these great reasons to consider life insurance:
Financial advisors and academic researchers worry the Cares Act’s pandemic-hardship provisions are encouraging savers to view their 401(k) accounts as de-facto emergency accounts, an attitude that could result in significantly lower balances upon retirement. Read More
Getting ready for retirement requires consistent saving, prudent investing and successfully avoiding penalties and fees. You can build a nest egg faster if you take advantage of workplace retirement benefits and make optimum use of government programs, including Social Security and Medicare.
Here’s how to make a basic financial plan for retirement:
Each type of retirement benefit has a different eligibility age. Your age plays a big role in how much you can expect to receive from Social Security and what you need to do to avoid retirement account penalties. Remember to factor these important ages into your retirement plan.
It’s no time for investors to get complacent.
The S&P 500 may have erased its losses for the year earlier this week, but volatility returned with a vengeance on Thursday afternoon, with the Dow plunging more than 1,500 points. Uncertainty remains over how the coronavirus may play out in months to come -– and what that will mean for the market going forward. It’s a good time to make sure your portfolio is in order.