The financial planning profession is rapidly expanding in many directions. The complexities of managing one’s money in the modern marketplace have led to a mushrooming demand for financial education and advice that shows no sign of slowing, and many consumers look for the CFP® designation when they choose their advisor. ...
Sometimes, the inability to maximize value is found in the fine print. Read the rest of the story.
You can enroll three months before your 65th birthday. But if you’re still working, you may want to wait. Read the rest of the story.
Retirement is a major life transition that requires changes to your income and lifestyle. Here are the final preparations you should be making if you plan to retire in 2015. Read the rest of the story.
Intuitively, it may seem to make sense that using economic analysis in investing will lead to better results. Read the rest of the story.
Vacation can be expensive. So is having a baby. Therefore, having a baby while on vacation is unlikely to be a cheap adventure. Read the rest of the story.
For people looking at retirement in the next five years, it’s the perfect time to make sure things are in order. Read the rest of the story.
I am maxing out my 401(k). I understand there’s a new way to make after-tax contributions to a Roth IRA. How does that work? Read the rest of the story.
More than 50 popular tax provisions expired at the end of 2013. Without legislative action, businesses won’t get a credit for research activities or be able to immediately deduct one-half of the cost of new business equipment. Individuals would lose benefits like the ability to deduct tuition and state and ...
Most people heading into retirement inevitably make some sort of real estate decision—whether they downsize, relocate to a different community or make renovations to an existing home that makes the place more accessible to live in as they get older. Read the rest of the story.
The choice of when and how to claim Social Security benefits can affect the three biggest financial risks that retirees encounter: longevity, inflation and markets. Read the rest of the story.
Most of us would love to be able to leave a nice inheritance to our spouse, kids, grandkids or other loved ones. Read the rest of the story.
By the time she hit her late 40s, Toni Eugenia wasn’t sure she would ever be able to retire. Read the rest of the story.
As your retirement date approaches, it is natural to find yourself looking back at all that’s happened over the course of your career, from personal and professional accomplishments to lessons learned and challenges overcome. Read the rest of the story.
David Fagan, a father of eight, tells his children that if they want something — a vacation, a pair of expensive shoes, even a college degree — they have to save up for it themselves. Read the rest of the story.
This is a very good question, one I am faced with every day while helping my clients plan for their retirement. At our firm, we have put together a comprehensive expense report. When totaling living expenses, many people just look at the basics; mortgage, power, phone, internet, food, and travel. ...
The career and finance decisions you make while working will ultimately determine your future Social Security benefit. Read the rest of the story.
When David Beermann retired earlier this year from a career as a nurse at age 66, he expected to receive his full Social Security benefits. Read the rest of the story.
Your financial decisions and activities – budgeting, spending, saving, investing, retirement planning – affect your financial health both now and in the future. Read the rest of the story.
The short answer is yes. It takes a bit of work to do this though. You would need to contact the H.R. department from your previous employers and get their Rollover paperwork. Often, you can find out who to contact online. You will want to set up a Rollover IRA ...