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 ...
As we run through our daily to-do lists — go to work, attend meetings, battle traffic, get home, spend time with the family, eat dinner, sleep, repeat — retirement might seem like a lifetime away. Read the rest of the story.
You have been divorced for a long time and have moved on, or so you thought. Now that your ex has truly moved on, you find that creditors do not care what your divorce decree stated in regard to paying your pre-divorce debts.In many states, whatever is acquired after the ...
Voices tinged with regret are echoing in the minds of many aging Americans today who know that getting older offers fewer opportunities for “do-overs” to course-correct their lives. Read the rest of the story.
Many people that I meet with for the first time feel happy that they have a will and have taken care of their beneficiaries. If your only estate plan is to have a will, you are, in my opinion, doing it all wrong. By only having a will as your ...
Maxing out your 401(k) and IRA contributions is certainly a good “problem” to have. But then you have to figure out what to do with the rest of your investable assets. Read the rest of the story.
When planning for retirement, a sound budget is so important. The big deal is that little things add up. The average price for a premium cup of coffee is $4.50 while a pound of premium coffee is $10.00 making a cup that you brew about $.50. While these numbers are ...
Despite his age, Charles Morris, 66, says he has no plans to retire anytime soon. Read the rest of the story.
Retirement is the payoff at the end of a long career, the end game most workers are striving for. Read the rest of the story.
It’s not all golf and grandchildren. Many people spend years planning for retirement and think they have it all figured out, until they actually retire. Read the rest of the story.
There has never been a better time to refinance your home. Read the rest of the story.
The money-making strategies that the sexes can learn from one another. Read the rest of the story.
A recent survey* showed that participants in 401K accounts that take advantage of professional advisory services end up doing much better than those who do not.The average participant that uses professional help earned 3.32% more annually, net of fees, than those who did not.I am qualified to help manage my ...
Do you have a 401(k) plan? If so, read on. Here are seven things I wish people knew about their 401(k) plans. Read the rest of the story.