Andrew* was so excited to finally announce his retirement to all his family and friends. His 401(k) account had grown to levels that made him feel secure about his retirement future. His time had come! The problem for Andrew was that it was the summer of 2008. In the...read more
My father-in-law just passed away. Yes, it was a sad time for the family. Losing a great man that was dearly loved was difficult. But as with many clouds that come over our lives, there are silver linings. What I learned through this was just how much love he had for...read more
Ralph and Sandy are hypothetical, typical American parents. They only want the best for their children. Now they are facing college tuition costs and the funds just aren’t there to meet that need. What to do? They have considered tapping into Ralph’s retirement...read more
If you are not already participating in your company’s 401(k) retirement plan, enroll as soon as you can. Just like winning the lottery, you don’t have a chance to benefit unless you buy a ticket. Now that you are enrolled in the plan, one critical step is to select...read more
As I discussed in the first part of this post, long-term care is something that we all have to take seriously and plan for accordingly. Though Medicare can be a great help, there are shortcomings that you will have to work around to deal with prolonged medical care....read more
Long term care issues will face most Americans sometime during their lifetime and for some, it will be a longer period of time that will have a significant impact on their financial well-being. Understand the finances and reality behind Medicare and long term health care.read more
Financial security is about much more than just how you feel about your job or your investment portfolio. It is about making smart decisions about your money. It is about doing the right things, in the right way, at the right time.read more
Basic lessons to ensure your children begin to understand financial stability and savings. A strong financial foundation that will give you financial peace of mind.read more
Parents- A good starting point is to teach your kids the ins and outs of starting an emergency savings account. If you aren’t sure where to start, let me give you ten important points to get you on a good path.read more
You’ve been putting in the work, using the 80:20 ratio to establish an emergency account equal to about six months of living expenses. Now you can start allocating your money in ways that can make it work for you. Typically, this is done by investing. If you and your...read more
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