February 26, 2020
"To Roth Or Not To Roth: Contribution Strategies For Millennials, Gen Xers And Boomers"
Without diving too deep, there are two basic types of IRAs and 401(k)s: traditional and Roth. While both have their benefits, determining which type is right for you is dependent on multiple factors, the biggest of which being your age. Should you be contributing to a Roth account at your age?
January 30, 2020
"Financial (In)Security: The Pros And Cons Of The SECURE Act"
On January 1, 2020, a new law called the SECURE Act was passed bringing about new regulations that can—and will—affect anyone trying to plan for their retirement. Take a look at the different provisions to see the good, the bad, and the ugly aspects of this new financial law and how they affect you.
January 9, 2020
"Retirement Saving Starts Now: How Millennials Can Lower Their Tax Bills"
Paying taxes isn’t something anyone wants to do, but it is unavoidable. Especially for millennials, understanding the proper way to file taxes can save you a lot of money and therefore increase the amount you’re able to put away for retirement.
December 17, 2019
"Charitable Giving Isn’t Just For The 1%: How Millennials Can—And Will—Change The World"
Best-selling author Arlene Cogen has taught people of all backgrounds, situations and socioeconomic statuses that giving back to the community isn’t as complicated as it seems—and isn’t just for the 1%
November 26, 2019
"Open Enrollment Is Coming: Consider An HSA"
While many employees spend time thinking about their 401(k) plans and health insurance, now is also the time to get more familiar with the best legal tax-avoidance strategy available to American taxpayers: the Health Savings Account.
September 24, 2019
"Retirement Income: Not Just Dividends"
Historically, people believed that the best—and only—way to invest for retirement was to buy stock in companies that paid predictable and rising dividends. Today, if your financial advisor recommends only this method, it may be time to start looking for a new advisor.
September 10, 2019
"The Allowance Ship Has Sailed: Keeping Your Grown Children From Sinking Your Retirement Plans"
Your children have grown up and graduated from college. They’re doing the “adulting thing,” as they may say. No longer paying tuition—if you were footing the bill—is a financial relief in itself, but here are more steps you should take to make sure your adult children don’t jeopardize your retirement plans.
August 20, 2019
"Reduce Your Tax Bill, Help A Charity, And Get Income For Life"
They say only two things in this life are certain: death and taxes. While that may be true, what if I told you that you could minimize your tax bill while you’re alive and contribute a meaningful donation to your favorite charity after you die?
August 6, 2019
"A Solution To The Student Loan Crisis May Be On The Horizon"
Many solutions have been discussed—from full loan forgiveness to tuition payment plans to simple tough love—but few steps have been taken to lower the student loan burden that’s crushing the (mostly) millennial generation.
July 16, 2019
"Are New Financial Regulations In Your Best Interest?"
Across the country, laws that regulate how and why a salesperson can sell you a financial product (insurance, stocks, financial plans, etc.) are changing in attempt to protect consumers. Here’s everything you need to know so far.
June 20, 2019
"How Upcoming Changes To Retirement Savings Laws Will Affect Your Financial Future"
There is a new bill being discussed in Congress called the SECURE Act. Whether in its current state or a newer version, this multi-faceted and bi-partisan plan is likely to pass in the near future. What are the likely terms of the SECURE Act and how might it affect your financial future?
June 18, 2019
"The Next Bear Market Is Coming: Is Your Retirement Portfolio Ready?"
With a bear market likely on the horizon, make sure the choices you’re making align with how long you have until retirement. At 25, you shouldn’t be making the same decisions as your parents at 60 or vice versa. Here are ways you can plan according to your current situation.
June 11, 2019
"Three Ways To Turn Savings Into Retirement Income"
If you’re nearing retirement age, you most likely have a nice little nest egg you’re sitting on that will act as your income once the paychecks stop rolling in. But how do you take that money and turn it into income that will last throughout your retirement?
June 4, 2019
"Getting What You Need From A Financial Advisor"
The truth is, “financial advisor” is an umbrella term, but not every advisor has the same expertise or is trained to handle exactly what you need. Make sure you understand exactly what you're looking for so you know which of these experts can help you.
May 28, 2019
"Help Needed?: Why You Should Seek A Financial Advisor"
In a Do-It-Yourself society, we often try to avoid asking for help because “we got this.” But when it comes to your financial future, the consequence of DIY retirement planning could be a lot worse than a bathroom remodel gone wrong.
May 7, 2019
"Ask A Financial Advisor: Are You Part Of A Team?"
When you’re interviewing potential financial advisors, there are a lot of questions you’ll want to ask to make sure you’re choosing the right advisor for you. One very important question to ask is this: Do you have a team? Here's why.
May 1, 2019
Understanding what level of communication you should expect from your financial advisor will be important as you move forward in the professional relationship, so one of the questions you need to ask each advisor you’re considering is this: How often will we be meeting?
April 16, 2019
"The Cost Of Financial Independence: How You Pay Your Advisor"
Financial advisors and planners don’t all conduct business exactly the same way. Being individual people, they each have their own philosophy, their own experienced-based opinions and their own way of charging you for their expertise. Here are the five common ways that advisors will be paid.
April 9, 2019
"You're On Your Own: Rethinking Your Retirement Income Sources"
The classic model of retirement income is the three-legged stool: the largest chunk comes from your pension, then your Social Security. Your savings only needed to account for about 10% of your income. Throw out that idea and understand this model: you're on your own.
April 5, 2019
"So You Think You Should Downsize"
As an empty nester with children who have grown up and started their own families, and a retiree with less of a steady income, downsizing your living arrangements may be something you need—and want—to do. Here are a few things you should and should not do when thinking about downsizing.
April 2, 2019
"From Diapers To Daycare: Financial Planning For Growing Families"
Having kids will likely be the best gift you ever give yourself—and also the most expensive. Be sure to consider the costs that will continue to add up as your kids grow into teenagers and adults. Here are some of the financial considerations to think about when growing your family.
March 26, 2019
"Getting Married? It's Time To Plan For Retirement"
Planning for a marriage doesn’t end at the wedding planning. You’re no longer planning your finances independently. Making sure you're prepared to retire as a couple means starting to think about your financial situation even before you put on the rings.