by SDP Team | Feb 1, 2024 | Money in A Growing Family
Thirty-nine percent of Americans do not own any stocks or stock-related investments, according to a recent Gallup poll.¹ Individuals may cite different reasons for not investing, but with important long-term financial goals, such as retirement, in the balance, the...
by SDP Team | Feb 1, 2024 | Money in A Growing Family
One study estimates the average cost of raising a child to the age of 17 for a middle-income family is about $310,605. As a point of comparison, the median home price in the U.S. was $417,700 at the end of 2023.1,2 If you want to add the cost of education to that...
by SDP Team | Feb 1, 2024 | Financial Principles To Live By
Age 50 At age 50, workers in certain qualified retirement plans are able to begin making annual catch-up contributions in addition to their normal contributions. Those who participate in 401(k), 403(b), and 457 plans can contribute an additional $7,500 per year in...
by SDP Team | Feb 1, 2024 | Money in A Blended Family
How do you picture your future? Some see retirement as a time to start a new career. Others see it as a time to travel. Still others plan to spend more time with family and friends. With that in mind, here are some things to consider. What do you absolutely need to...
by SDP Team | Feb 1, 2024 | Financial Principles To Live By
Social Security is a critical component of the retirement financial strategy for many Americans, so before you begin taking it, you should consider three important questions. The answers may affect whether you make the most of this retirement income source. When to...
