Retirement
Leveraging Your Legacy: Structuring Your Charitable Endeavors into Your Estate
No matter where you are in your journey to retirement, one thing that should still be at the forefront of your mind is your legacy. What kind of charitable impact are you planning to leave behind, not just for your children and family, but your community and world as well? When it comes to…
Read MoreFinding the IRA Type for You: Nine Comparisons to Put You on the Right Path
There are two common types of individual retirement accounts (IRAs), traditional IRAs and Roth IRAs. Many people often look for one of these plans as a retirement fund. They are both designed to help you save money but in entirely different ways. They also have other notable features that make them an excellent choice for…
Read MoreThe Critical Importance of Financial Education at a Young Age (And Why It Isn’t Negotiable)
It is an unfortunate reality that many times, kids do not get adequate (or really any) financial education while in school. However, this is a fundamental survival and life skill that needs to be taught to youth from very early. It is essential that this trend changes to serve our children better as they grow…
Read MoreProtecting Your Financial Information
Protecting your financial information is always a top priority for us. The Internal Revenue Service (IRS) recently reminded us that tax-related scams are still pervasive. I believe you can never be too careful when it comes to protecting your information privacy. Here are some suggestions for thinking ahead of potential scams: Never share…
Read MoreRetiring Misconceptions & Concerns About Your Golden Years
Recently, I ran across a list of frequently asked questions about retirement that I found a little bit alarming. Two of the questions that really struck me centered around whether or not retirement causes depression and whether or not retirement can ruin your marriage. I spend much of my day talking with clients about their…
Read MoreRetirement Planning by the Decade
No matter how old you are, it’s never too early to start planning for retirement. Pretty much as soon as you start working and earning money, you should be thinking about how you’re going to be saving for when you retire. Typically speaking, however, most people don’t really begin planning until they are well into…
Read MoreFinding Balance Before Retirement
It seems that everywhere you turn today, you hear social leaders and lifestyle coaches proclaiming how you, too, can begin to lead the life you’ve always dreamed of by working hard, investing your funds and practicing frugal habits. All of this is geared towards the goal of retiring at a previously unheard of age. Examples…
Read MoreNavigating the 4 Most Common Challenges of Estate Planning
Perhaps the biggest challenge of estate planning is that there is not a one-size-fits-all template to follow. For estate planning to be effective, it is important to tailor a family’s plan. Every family is different, and estate planning can have a dramatic impact on future relationships with your loved ones. For example, parents want to…
Read More401K Rollover: Understanding The Truth and Options
A 401k is, by definition, a retirement plan sponsored by your employer. These plans are designed to encourage employees to put away a portion of their earning for their retirement. Many 401K plans even offer an amount of percentage match of contribution, at the discretion of the employer. There are annual limits set each year…
Read MoreMillennial Money – Why & How to Take the First Step in Saving for Retirement
You’re young, and you just started your first real career job. It feels invigorating and motivating to finally have hit your stride in the professional world and you have your whole career and life in front of you. Even though retirement feels like it is on the distant horizon, it is vital that you start…
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