Setting goals is a very important part of life in general and in financial planning in particular. Before you actually invest your money, you should spend some time considering and setting your personal financial goals. Continue reading
Category Archives: Financial Planning
How the New SECURE Act will Affect Your Retirement Planning
The $1.4 trillion spending package enacted on December 20, 2019, included the Setting Every Community Up for Retirement Enhancement (SECURE) Act, which had overwhelmingly passed the House of Representatives in the spring of 2019, but then subsequently stalled in the Senate. The SECURE Act represents the most sweeping set of changes to retirement legislation in more than a decade. Continue reading
Financial Challenges for New Parents
Welcoming a new baby into your family is full of special moments & memories. It can also raise lots of new financial questions. Continue reading
5 Keys to Investing For Retirement
Making decisions about your retirement account can seem overwhelming, especially if you feel unsure about your knowledge of investments. However, the following basic rules can help you make smarter choices regardless of whether you have some investing experience or are just getting started. Continue reading
7 Smart Financial Decisions for Millennials
Many Millennials are stressed with their current financial condition. According to Insider and Morning Consul, 72% of millennials struggle with anxiety over undergrad debt. Adding a car loan, phone service, rent, food and other living expense to the monthly expenses can easily become overwhelming. Continue reading
The 101 on Changing Careers
Downsizing is one reason you may be seeking a new career. Reaching a professional plateau is another. The fact is, many people change careers, sometimes more than once. With proper planning, you can start a fulfilling new career without sacrificing your financial security. Continue reading
4 Money Lessons for Your Child
Ask your five-year old where money comes from, and the answer you’ll probably get is “From a machine!” Even though children don’t always understand where money really comes from, they realize at a young age that they can use it to buy the things they want.
What to Know if Working in Retirement
Are you at retirement age and still working? You are not alone. Trends are indicating that more older individuals choose to continue to work either full time or part time once they reach retirement age. Continue reading
2018 Tax Postmortem: Making Sense of the Changes
The Tax Cuts and Jobs Act (TCJA), which passed in December 2017, made fundamental changes to the U.S. tax code, and 2018 returns were the first time most taxpayers could see the practical impact of these changes.
In an April 2019 Gallup poll, 43% of Americans said they were unsure how the new tax law affected them personally.
How Do You Define Success?
What makes you the happiest? What do you want to be remembered for? These are all important questions we all must ask ourselves at some point in our lives. Continue reading
