Financial Planning
5 Ways That Buying a Car Has Drastically Changed
Over the past three years, factory closures, parts scarcities, and deserted dealership lots have reshaped the landscape. As the industry weathered these challenges, adaptations in business practices emerged, indicating a…
Read MoreThe average retiree spends $4,345 on monthly expenses — and burns 75% of that on these 4 things. How does your own spending stack up?
Bureau of Labor Statistics data discloses that individuals aged 65 and up earn an average pre-tax income of $55,335 annually, spending $52,141 yearly. With an average retirement savings of $200,000…
Read More7 Ways to Squeeze More Money Out of Social Security for Life
Despite an average monthly Social Security benefit of $1,787 as of May 2023, strategic planning can help to maximize these payments. Explore key strategies for optimizing your Social Security benefits…
Read MoreIt may not be safe to mail checks anymore. U.S. Postal Service shares tips to fight rise in crime.
The rise in check fraud has raised concerns, and while the Postal Service hasn’t issued an official warning, experts advise caution when sending personal checks. Learn how to safeguard your…
Read MoreAmerica’s Retirees Are Going Broke
With many people living well into their 80s or beyond, it’s important to plan for a retirement that spans two decades or more. Discover the true cost of retiring comfortably…
Read MoreAmericans Believe They Will Need $1.27 Million to Retire Comfortably, According to Northwestern Mutual Planning & Progress Study
New insights from Northwestern Mutual’s 2023 Planning & Progress Study reveal that Americans believe they will need $1.27 million to retire comfortably, surpassing last year’s reported figure of $1.25 million.…
Read MoreWhy I Hired a Financial Advisor and You Should, Too
Discover the opportune moment to engage a financial advisor’s knowledge and experience in order to help you in conquering financial challenges, achieving goals, and working toward a prosperous future. …
Read MoreRetirees’ biggest fear is outliving their assets, research finds. These tips can help
Uncover the top concern that plagues retirement savers and retirees—outliving their assets—as highlighted by recent research from Cerulli Associates, signaling a prevailing worry amidst dropping retirement confidence due to economic…
Read MoreSocial Security scams are ‘an out-of-control epidemic.’ How to protect yourself
Explore the alarming ease with which personal information can be obtained online, and gain insights into the potential repercussions of identity theft to understand the need for proactive measures to…
Read MoreA secure retirement is possible even if you haven’t saved enough — yet
Gain valuable insights from the comprehensive “How America Saves” report, emphasizing the crucial retirement investing lesson of exercising patience and discipline for individuals seeking to secure their financial future. …
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