Submitted by Josh Patrick on Tue, 09/09/2014 - 12:00pm
I spend a lot of time helping people make financial choices, sometimes about business and sometimes about personal life. In both cases and in many more, breaking huge issues and questions into smaller choices makes problems much easier to manage.
Submitted by Josh Patrick on Wed, 08/27/2014 - 12:00pm
It’s no secret that the secret of staying young is keeping your mind active and engaged. But as a retiree, removed from the world of work and with loads of time on your hands at home, how do you do that, exactly?
I have the pleasure of working with several people in their mid-70s, who are among the most interesting and engaging people I ever met.
They stay young by keeping their mind and body busy. These people always think of new ways of keeping their interests fresh. I hope that as you get closer to retirement, you can do the same thing. Some tips:
Submitted by Eve Kaplan on Fri, 08/22/2014 - 12:00pm
If you’re a single woman, your financial planning needs exceed those of the average couple or single man. Why? You will live longer than the average man but typically with less money (aka longevity risk). What can you do to protect yourself?
Women on average are more receptive to professional financial advice than are men – a positive, since professional guidance from an objective planner can brighten financial prospects immeasurably.
Submitted by Wes Moss on Wed, 08/20/2014 - 12:00pm
People who feel more secure about their finances are more likely to be happy in retirement, a survey by Northwestern Mutual Life Insurance shows. If you don’t want to fall into the unhappy retiree camp, or even worse, not have retirement as an option, learn to avoid the pitfalls, and start saving today.
Submitted by Jim Blankenship on Fri, 08/15/2014 - 12:00pm
Beginning in 2013, you could roll over all your standard 401(k) funds to a Roth account in the same retirement plan. But such a move may not be good for you. While the upside of a Roth is tax-free money in the future, converting creates an extra tax burden today.