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Looking for a financial advisor? Someone to bounce ideas off of or double-check what you hear from friends or read about online? Many people are in the same position, struggling to manage their finances and just not sure what the next steps are. According to the National Financial Educators Council, in 2023, U.S. residents lost […]
CHAPTERS January – Determine Your Budget for Retirement February – Prepare to Pay for College March – Tax Review April – IRA Tax Deadlines May – Maximize Your Social Security Benefits June – Decide What to Do in Retirement July – Adjust Your Investment Strategy August – Take Time to Relax and Focus on What […]
Why Risk Management is Important Risk Management is a term most frequently associated with large businesses due to its crucial importance for corporations. However, risk management activities are just as vital when it comes to personal finances. By definition, risk management is the process of understanding, analyzing and addressing potential risks to ensure objectives […]
Many investors have put less thought into investing after retirement than they have into planning their investments leading up to retirement. Some investors may even believe that the entire process of investing is something that ends once they have retired, although this is not the case for most. Almost all investors will have different objectives […]
You may be interested in how money is managed, either from a desire to do so or just out of curiosity. What exactly is a successful outcome? Goals based investing is a fascinating subject that is affected by so many other factors in the world. Perhaps you’ve purchased a book by a leading and respected […]
With each new year comes New Year’s resolutions. It’s no surprise that along with getting in better shape, being better with your money consistently ranks amongst the top resolutions. Yet, more than 2/3 of Americans fail to keep a regular budget.[1] Why do so many attempt to keep budgets, yet so few succeed? A better […]
With today’s high amount of household debt, credit is more important today than it has ever been. Most people know that credit is a huge factor in getting a good interest rate on things like a car loan or a mortgage. However, did you also know a potential employer could examine your credit to determine […]
Addressing your financial goals early on in life can be a substantial advantage even though it’s difficult to do. We all want to focus on our current desires, but those who are beginning their careers often see retirement as such a distant goal that it’s difficult to view the potential benefits of a secure retirement […]
Which documents should you collect for easy access to prior to retirement? You should assemble all your important financial documents in a central location. This could be a digital password protected folder, a physical file cabinet or folder. Regardless of how you decide to gather your documents, you’ll save yourself a lot of hassle in […]
Creating a financial plan not only takes considerable time and patience, but also an understanding of where you are and where you want to be. In the process of creating a plan, many end up throwing their hands in the air sighing, “I don’t know where to start.” Carl Richards, author of The One-Page Financial […]
Placing your assets into the hands of a stranger can be a little intimidating, and you might not know who to trust. This feeling can be compounded by the fact that you may have little knowledge of the financial services industry and may not have been raised in a household where financial matters were addressed […]
As you grow older, your financial situation and life needs to change. While retirement seems far off in the horizon for someone in their 30’s, it’s just around the corner for someone in their 60’s. Understanding what key areas of financial planning to focus on at each age can make the biggest difference in your retirement […]
Keeping your financial documents in order can be a source of stress for many. Maybe your receipts are in a shoe box, your bank and brokerage statements are with the rest of your saved mail, your insurance policies are in the closet and your warranties are in a drawer somewhere in the kitchen. Or at […]