FINANCIAL LEARNING
Are Golf Carts a Safety Risk?
In some Sun Belt communities, retirees drive them off the links to run errands or eat out. While these electric vehicles are easy to operate and...
How Much of Your Retirement Savings Should You Withdraw Each Year?
When Fidelity Investments asked more than 1,000 pre-retirees to guess the percentage that retirement planners would recommend, 19% said 7-9% a year....
Should you pay your income taxes by credit card? Um, no
A big tax bill is like hay fever. You don’t want it, you try to avoid it — and then April rolls around and it hits you hard. Now you have to figure...
The big reason many retirees run out of money
If you’re in retirement now, or approaching it, you know there are many things to consider and many decisions to be made that will be important in...
Non-Cash Income IRS Requires To Be Reported On Your Taxes
At tax time, it's easy to remember your wages, since you receive a Form W-2. It's also easy to remember income reported on Forms 1099. You probably...
How Can You Make Your Retirement Money Last?
These spending and investing precepts may encourage its longevity. All retirees want their money to last a lifetime. There is no guarantee it will,...
Life Insurance with Long Term Care Riders
As conventional LTC policies grow costlier, alternatives have emerged. The price of long-term care insurance is really going up. If you are a baby...
Get ready for lower life insurance premiums
Some good money news rolled in with the New Year: Life insurance could be cheaper in 2017. New rules governing the back-end finances of insurance...
The Importance of Life Insurance Audit
Is it time to review your policy? Life insurance is hard. It’s hard to know if you have the right kind. It’s hard to know if you have enough. And...
The 60-Day IRA Rollover Rule
Will it apply to your retirement savings distribution? If you receive a distribution from your IRA or workplace retirement plan, what will you do...
How to Use Life Insurance for Investing
Finding the right insurance to invest in – or use for long-term planning – can be complicated for many investors. Similar to an auto policy, a term...
How Much Do You Really Need To Retire? 4 Tough Questions To Ask
Although I like online retirement calculators, they can't tell you everything. There are a handful of wild cards that could mess you up. When...
5 financial moves every woman should make before 30
Adulting is rough. Especially when it comes to money. Navigating your first paycheck, paying for rent and health care on your own, saving for your...
Key Estate Planning Mistakes to Avoid
Too many people make these common errors. Many affluent professionals and business owners put estate planning on hold. Only the courts and lawyers...
Think about life insurance sooner rather than later
If you're in your 20s or 30s and are taking the time to read this article, you're a forward-thinker. According to the life insurance industry...
Haven’t Done A Will Yet?
You’ve got company. Neither have 6 in 10 U.S. adults You can hire a professional to write your will, or you can do it yourself. Preparing for the...
Building an Emergency Fund
Everyone should aim to have a cash reserve. We all would love to have a little extra cash on hand for emergencies. Saving up that cash can be a...
Focus
Focus! Ben Franklin understood that magnification would help make images bigger. He improved on glasses of the day by splitting the lens into two...
How Boomer Women Can Worry Less About Money
When it comes to money, what keeps women up at night? Northwestern Mutual’s 2016 Planning & Progress study reveals 87% of women feel anxious...
Here Are Americans’ Greatest Retirement Fears — and How to Fix Them
Worried about the future? Here's how to alleviate some of those concerns. When it comes to retirement, a large number of Americans have reason to...
New Rule, Nicer Returns
Could the new fiduciary rule effectively enhance portfolio performance for retirement savers? A change is coming. The Department of Labor is...
How Can LTC Insurance Help You Protect Your Assets?
Plan to create a pool of healthcare dollars that you can use when the time comes. How will you pay for long-term care? At the moment, you may not be...
Retirees Are Racking Up Credit Card Debt
New statistics point out an alarming financial problem. $6,876. That is the average amount of credit card debt owed by an American household headed...
Updating Your Estate Plan
When should you review it? What should you review? An estate plan has three objectives. The first goal is to preserve your accumulated wealth. The...
Using an IRA Trust
Seemingly everyone has heard of an IRA, but few people know about IRA trusts. Perhaps more people should, for an IRA trust may provide a way to...
What the Happiest Retirees Have in Common
The happiest retirees have learned this lesson It’s all the rage now. You’re supposed to find, follow and live your passion. I’m one of those who...
Contributing to an IRA May Provide Tax Benefits
With the tax filing deadline approaching, have you considered contributing to an Individual Retirement Arrangement (IRA)? IRAs are one of the most...
Watch Out for These 2017 Tax Scams
Tax season is in full swing… and tax scams are everywhere. How can you can tell if a crook is claiming to be the I.R.S. in an effort to steal your...
The Many Benefits of a Roth IRA
Why do so many people choose it rather than a traditional IRA? The Roth IRA changed the whole retirement savings perspective. Since its...
Are You Insured?
Too many Americans have no life insurance. Their loved ones may pay dearly for that choice. According to a recent Bankrate survey, 42% of Americans...