If you’ve ever come into an unexpected windfall—maybe a bigger than expected tax refund or a much-anticipated inheritance—you probably know that feeling of giddiness. It’s an exciting feeling, thinking of all the things you can buy, maybe a new car or that kitchen remodel. The problem is, that feeling won’t last long. Ever heard of…
Personal Finance Articles
The Top Financial Issues Facing Retired Women in 2017
When you think of your retirement years, you probably imagine a relaxing and peaceful time in life. Enjoying time with your grandchildren and traveling more may be at the top of your list of things to do; however, there are several factors to take into account to help increase your confidence that your retirement will be financially independent and that…
The Cost of Tapping Your Retirement Accounts Early
When money’s tight and times are tough, it can be difficult for retirement savers to ignore the money they’ve stashed in a 401(k), IRA or other retirement savings account. Still, while it may make sense in some situations to tap into those accounts early—for example, if a job loss has put you at risk of…
The Emotional Burden of Caring For Loved Ones
Over 65 million people provide care for an elderly family member on a routine basis. But if you happen to be a woman, the chances of that responsibility falling to you are almost twice as likely. One study estimates 66 percent of caregivers are females over the age of 50; whereas, only 34 percent of males over the age…
5 Steps to Redoing Your Estate Plan After a Divorce
Going through a divorce is a major life change, but it can also be a fresh start that allows you to look forward to new opportunities and to set and plan your own priorities. One of those opportunities is re-defining your future estate distribution plans while also ensuring you will be remembered the way you…
“I had a great retirement income strategy, until…”
There’s an all-too-common belief about retirement planning, and it goes like this: “As long as I save as much as I can in my retirement accounts, stick to a reasonable withdrawal rate, and control my spending in retirement, I’ll be ok.” Certainly, that’s a good beginning. But as always, “life” sometimes has a way of…
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