Any market drop can cause anxiety and fear in even the most savviest of investors. When market downturns happen, you can expect a lot of fear-inducing headlines that can scare consumers into making quick financial decisions. It can be difficult to discern what is trustworthy news and what is just hype. To stay calm and…
This may come as a surprise, but you might not have unlimited funds once you retire. You may have saved plenty of money, but there is a chance that it may run out during retirement. Therefore, it’s wise to eliminate certain retirement expenses that are a waste of money. So, if you want to cut…
According to the American Institute of CPAs, 8 out of 10 Americans are concerned that financial institutions and other businesses may not be able to safeguard their personal information. Unfortunately, just being concerned your retirement accounts might get hacked won’t help protect your information. Taking action is the best way to avoid identity theft…
Did you hear the good news? The IRS increased individual and group retirement account contribution limits this year. Every year the IRS will consider a cost-of-living adjustment and determine if they will increase retirement plan contribution limits. Taking advantage of this increase can help you better prepare for your golden years. So, if you’re…
Wealth preservation is often top of mind for people in or approaching retirement. You have likely worked to build good credit and properly manage your finances for several years. Having a good credit score in retirement is important for many reasons. Thankfully, the actions you take before retirement to maintain a credit score are…
Imagine reaching retirement age only to find you have little to nothing left because you gave it all to others. Proper financial planning and goal setting will help ensure you can retire on your terms. It’s easy to allow outside factors to determine your path, but it’s important to plan for yourself primarily. Read…
When you transition into a new role or position, there are a lot of questions that may arise. Whether you are venturing into a new career path or your company was acquired by a larger firm, many employees are filled with excitement which often leads them to forget about their 401(k)s. But, forgetting about…
Break-ups are hard. But, generally speaking, they are for the best. This is especially true when it comes to the financial professionals in your life. If the financial professional you partner with isn’t helping you reach your financial goals or doesn’t have your best interest in mind, it may be time to find someone…
Before you clock out for the last time and head for Boca Raton, we want to share some important information with you about retiring early. Early retirement may sound intriguing, but have you considered every detail? Assuming you have done some research yourself, you may have considered a financial advisor, top insurance companies, and…
With all the financial designations and certifications available, it may be a bit of a challenge to decipher what each credential means. When dealing with your finances, you want to ensure that you partner with someone you trust and who has the experience necessary to handle your financial needs. To help you better understand each…