Whether they want the role or not, adult children often find themselves in the position of primary caregiver for their aging parents. Unfortunately, many of us are not prepared for that role. We often find ourselves so engrossed in how fast our own children are growing up that it’s sometimes easy to forget that our own parents are also aging.… Read More
Information vs. instinct.
When it comes to investing, many people believe they have a “knack” for choosing good investments. But what exactly is that “knack” based on? The fact is, the choices we make with our assets can be strongly influenced by factors, many of them emotional, that we may not even be aware of.… Read More
An inside look at the workings of our Central Bank
Have you ever taken a close look at paper money? Each U.S. bill has the words “Federal Reserve Note” imprinted across the top.
But many individuals may not know why the bill is issued by the Federal Reserve and what role the Federal Reserve plays in the economy.… Read More
Inflation: The Not-So-Silent Retirement Killer
Your long-term retirement strategies must account for inflation – or else
You hear it all the time: you should make sure your retirement savings at least keep pace with inflation. But what is inflation and how does it really affect your retirement savings?… Read More
If you have yet to develop a retirement plan for your business, or if you’re not sure the plan you’ve chosen is the right one, here are some things to consider:
How much can my business afford to contribute?
The cost of contributions may be managed by the plan type.… Read More
Only one-third of adults have a will in place, which may not be entirely surprising. No one wants to be reminded of their own mortality or spend too much time thinking about what might happen once they’re gone.1
But a will is an instrument of power.… Read More
After years of saving and planning for their golden years, many people nearing retirement fail to consider the tax burden they may face on income they receive after they stop working. While you will likely see a reduction in the amount of taxes you owe after the age of 65, you still need to plan ahead if you want to minimize your tax bill from the IRS.… Read More