Financial Plan
Retirement doesn’t have to mean leaving your career behind
RETIREMENT & LONGEVITY More and more Americans are incorporating work into their retirement years. The traditional image of retirement as a time of purely leisurely pursuits is no longer the norm for many Americans. A growing number of people over the age of 65 are choosing to remain in the workforce for a variety of…
Read More10 things your kids don’t want when you downsize
FAMILY & LIFESTYLE Among the list of least-wanted heirlooms? Fancy dinnerware, dark brown furniture and sewing machines. With spring in the air, now is a popular time to organize and declutter. But if you’re making a list of items for your kids or grandkids to pick up, you might want to establish a backup plan.…
Read MorePay off debt with a plan in mind
FAMILY & LIFESTYLE Strategies for minimizing interest payments and eliminating debt. If you’ve accumulated more credit card debt than you can pay off in a few months, how can you quickly eliminate that debt while minimizing your interest payments? The particular strategy you should follow will depend on many factors, including the total amount of…
Read MoreRefresh and renew your portfolio this spring
RETIREMENT & LONGEVITY Review your cash flow and tend to your RMDs as tax season approaches. Market Closures April 7: Good Friday May 29: Memorial Day Dates To Remember For deadlines that fall on a weekend, action may need to be taken by the preceding weekday. April 18: Tax day – the deadline to file your 2022…
Read MoreRelaunching your career with a returnship
FAMILY & LIFESTYLE These internship-like programs are gaining popularity for women re-entering the workforce. Learn what they’re all about. With more than eight years of experience in project management, business analysis and quality assurance, Richa Chaturvedi decided to trade her work as a scrum master for dedicating her days to raising her children. But, after…
Read MoreHomes smart enough to save you money
FAMILY & LIFESTYLE When it comes to smart home technologies, there is an abundance of options. Here are some we think are worthy investments. It’s been reported that Oprah Winfrey has a high-tech ski home in Telluride, Colorado, that boasts a radiant heat system that allows her to skip shoveling snow from the driveway. And…
Read MoreHelping a loved one buy a home? Review strategies and risks
FAMILY & LIFESTYLE Approaches range from offering a straightforward monetary gift to making the purchase yourself and becoming a landlord. Explore various strategies and their tradeoffs. Real estate has long been one of the foundational pieces for an investment portfolio. But for younger generations, buying a home has become increasingly difficult. Younger homebuyers face all…
Read MoreMaking the most of Medicare’s open enrollment period
RETIREMENT & LONGEVITY Ask yourself a few questions to make sure you’re getting the most from Medicare. Mark your calendar for Medicare’s open enrollment season: between Oct. 15 and Dec. 7, you are able to make changes to your Medicare Advantage plan and prescription drug coverage. During this time, you can change from Original Medicare…
Read MoreThe Fed and the Housing Market
Chief Economist Eugenio J. Alemán discusses current economic conditions. The Federal Reserve Bank (Fed), the central bank of the United States, has a difficult task ahead. The most important objectives of the Fed are: “maximum employment, stable prices, and moderate long-term interest rates in the United States.” In order to do that, the Fed has,…
Read MoreGet to Know Special Needs Trusts
ESTATE & GIVING Trust assets can be used for a variety of helpful and enriching benefits, all while not jeopardizing valuable government assistance. Caring for a family member or friend with a disability or special needs can be difficult to navigate without expert help and the right plan. Whether due to an accident or mental…
Read More