Article Published by: huffingtonpost.com As a financial advisor, I often work with clients who are concerned about how they are going to fund both their children’s education and their own future retirement. While the balancing act of saving for college and retirement can be difficult, I always...
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Article Published by: money.usnews.com Millions of consumers are moving away from traditional banking methods and trading in cash and credit cards for more convenient digital payment alternatives. In fact, a 2016 survey on the rise of digital wallets conducted by Finder.com, a comparison platform and information service,...
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Article Published by: Time.com Essentially, your net worth is the value of what you own, minus what you owe. Or, as a formula: assets – liabilities = net worth An easy way to figure it out it is via an online calculator like the one at Bankrate.com. But...
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Article Published by: money.cnn Americans are spending. A lot. And not just on Amazon. Retail sales rose 0.8% in May, the government reported Thursday — much better than expected. Spending was up 5.9% from a year ago. And the gains were broad: Spending surged at clothing stores, at...
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Article Published by: mjscpa.com The main reason that people purchase life insurance is to know that in the event of their passing, their children and loved ones will be taken care of. Life insurance can also help with the distribution of your estate. Your payout could...
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Article Published by: cnbc.com If you can't pass a simple five-question quiz on Social Security retirement benefits, you're not alone. Almost half of adults ages 50 and above — 47 percent — failed the quiz that mutual life insurance company MassMutual recently sent out in an...
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Article Published by: Nasdaq.com Once tax season is over, people often start to wonder how many years of financial documents they need to save. There are some best practices for what to save and what to shred. If you don’t own a shredder, buy one. If you...
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Article Published by: money.cnn.com You are a proud penny pincher. You are practical and methodical when it comes to saving and spending. Maybe even a little too much. Your partner, on the other hand, is more of a spender. That can be a problem. "Let's face it,...
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Article Published by: money.cnn If you're concerned about having enough money in retirement, you're not alone. And if you're behind on savings, you're in good company there as well. The average American's 401(k) balance just reached $104,300, while the average IRA balance hit $106,000, according to...
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Article Published by: mjscpa.com The Tax Cuts and Jobs Act (TCJA), signed into law this past December, affects more than just income taxes. It’s brought great changes to estate planning and, in doing so, bolstered the potential value of dynasty trusts. Exemption changes Let’s start with the TCJA....
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