financial planning

Small companies often have a family-like feel. Employers want to ensure their workers have a plan in place for retirement and long-term financial planning. Small businesses can offer a 401(k) ...

When you get down to basics, financial planning is simply the process of setting financial goals and creating ...

Real estate agents face several unique financial planning challenges and opportunities that exist within an industry that’s constantly ...

Most people worry about outliving their money, but what if the opposite happens? What if your money is ...

When you first begin your career, Social Security might be the furthest thing from your mind. It’s just ...

Financial stress is so common that certified financial planner (CFP) Katie Lindquist says almost every client she has ...

I've witnessed the extremes of financial experiences, from amassing wealth to hitting rock bottom and relying on Social ...

Your daily life is going to change as a retiree. It’s important that you remain adaptable during this ...

I know you've been told everything you should do, but what about everything you shouldn't?

Did you know that 67 percent of Americans are planning on setting financial resolutions for 2024? Data show ...

While most people look forward to the day they retire, many fail to prepare for it. Without the ...

As you grow older, the chances increase that you could develop dementia. Although the majority of seniors will ...

Most people know that as they approach age 65, they need to learn about Medicare. Enrollment is the ...

A Shameful Secret Some carriers make software available to calculate the correct estimated equivalency of the policy face ...

Strategy of Claim Lower Now, Higher Benefit Later The higher-benefit spouse defers but takes a spousal benefit from ...

At age 62, anyone with forty quarters of full-time work paying Social Security taxes may draw a permanently ...

Next, let’s look at guaranteed income in more detail. Immediate Annuities These contracts exchange principal permanently for income—only ...

Pension Settlement Decisions Think twice before accepting a commutation offer (getting a lump settlement instead of lifelong income) ...

Retirement Planning is the most complex chapter in this book, incorporating all of the prior topics, several very ...

REIT These Unit Investment Trusts have a tax advantage that corporations do not. They are not taxed at ...

The 'Disaster Fund' Imagine you have a mutual fund, rental property, or other asset that you have grown ...

Municipal Bonds and Muni Bond Funds Municipal bonds are commonly mistaken for low-risk investments, especially if diversified across ...

For the sake of liquidity (tax-favored accounts tend to be subject to tax penalties), you will want at ...

A similar folly can be seen with the way some people view real estate, which has many investment ...

The 'Secret' to Deciding on a Successful Crediting Method Actuaries design the crediting methods available to you to ...

Options as Investments The owner of a call option has paid a dollar or so for the right ...

Make New Savings Very Aggressive, and Existing Assets Well Diversified The first secret to be shared here is ...