Often, when I ask women to tell me how their Social Security benefits are calculated, unfortunately many of them answer with a shrug. In these cases, the woman may have a husband who is the informed one, but that doesn’t help if you are getting a divorce. Of course, no matter what your marital status, […]
The Power of Time
Remember your mid-twenties when retirement seemed like a lifetime away, and living paycheck to paycheck was not only the norm, but your reality. ‘If only I knew then what I know now’ can be heard echoing throughout offices in banks around the country. So we’re here to heed that warning and help you understand the […]
Simple Formulas for Your Financial Plan
With an alphabet soup of investment options, it’s no wonder that many people see financial planning as overwhelming, obscure, and for geniuses only. For most people though, personal financial planning boils down to just a few topline numbers. The two most basic formulas read like this: Cash Flow = Income – Expenses Net Worth = […]
3 Ways to Save for College
A top of mind topic this time of year is “Planning for College”. College costs continue to rise and the amount of debt students assume is astounding. The most recent figures around student loans in America has climbed to $1.4 trillion1and the average debt for a college graduate is $37,172 2 So what can you do […]
What’s Your Number?
A common concern for those approaching their second half is confusion over just how much we should save for retirement. This “number” represents the amount of funds and resources we will need to enjoy an active life and feel productive in our remaining years without running out of money. This is not a one-size-fits-all answer. […]