How to Calculate Monthly Expenses for a Financial Plan
Most people underestimate what they spend. Here’s how a clearer view of monthly expenses supports better financial decisions.
Financial Considerations When Purchasing a Second Home
A second home is more than a purchase. Understand the costs, cash flow, and long-term financial implications before you decide.
Early Retirement Account Withdrawals: Rules and Tradeoffs
It is not surprising to learn that smart investors understand early on that saving for retirement is crucial to ensure a successful retirement, and in particular the benefits of allowing your savings time to grow over decades. The power of compound interest, when allowed to perform over the long haul without interruption, can allow you to accumulate significant savings by the time you retire without having to sacrifice your standard of living during your working years. And financial experts agree almost unanimously that the funds you set aside for retirement should be revered and left untouched.
How to Avoid Financial Information Overload
Those preparing for retirement tend to find the abundance of financial information and advice available online to be overwhelming and frustrating.
Fear of Retirement: Questions to Work Through Before Leaving Work
Get this folks, according to a recent survey, 44% of men and 36% of women fear retirement more than death itself. According to the survey, the No. 1 fear Americans have about retirement is having a lack of income, with 87% saying that this scares them.
Inherited IRA Rules: What to Review Before Taking Money Out
There are specific rules that you need to follow depending on what IRA type you inherit and what type of beneficiary you are. Your distribution options will vary as well.
How to Give Financial Advice to Adult Children Without Taking Over
Providing financial advice to adult children can be difficult; it’s important to create an environment of trust and respect.
Build a Retirement Runway Before You Leave Work
Just like a pilot landing a plane, you face challenges as you approach your retirement runway.
In-Kind vs. Cash Transfers: What Happens When You Move an Investment Account?
Changing brokerage accounts doesn’t need to be a hassle if you understand how In-Kind and Cash Transfers work.
What to Do If Your Employer Freezes Your Pension
Providing financial advice to adult children can be difficult; it’s important to create an environment of trust and respect.