The first thing to do is review the goals that you created for the year and see which ones you completed. This is something to celebrate, so give yourself a well-deserved pat on the back! Next, consider the remaining ... Read more.
My spouse and I disagreed about how we made money decisions for over 20 years and as the Chief Financial Officer (CFO) of the family, I tried so many things to help her see the way I did. Spreadsheets, ... Read more.
During your working years, contributing to tax-deferred retirement accounts (401(k), 403(b), traditional IRA, SEP IRA, SIMPLE IRA) provided the benefit of not paying income taxes. This allowed for more of your money to grow through compounding. But ... Read more.
It’s often challenging for parents to decide how much to fund their children’s college education without sacrificing their own retirement savings needs. Grandparents can help by funding their grandkids college education and easing the burden on parents to decide ... Read more.
After being in a savings mode for a good part of your life, you have now transitioned into retirement and may be wondering the best way draw down assets from your investment accounts to meet your living expenses and ... Read more.
The typical response you would expect to hear from a financial planner is ‘Absolutely’. However, depending upon your circumstances, a more traditional type of retirement plan may not be optimal. For instance, if you plan to sell ... Read more.