Investing can sometimes appear to be a daunting task that many Americans would rather not attempt. In fact, only about 55% of Americans have actually invested in the stock market, and that number has remained fairly stable over the course of at least the last decade. While investing might seem intimidating, it is an essential […]
For many people, financial planning may not appear to be an absolute necessity. However, anyone can benefit from a bit of financial planning to improve their finances, particularly in terms of major life events. Certain monumental events in your life can benefit from the advice of a financial planner. If you are approaching one of these […]
As the average life expectancy in the United States grows, retirement planning should change along with it. For most people, retirement will last for several decades beyond what used to be common. With that increased life expectancy comes increased costs, particularly as people approach the end of their lives. There are a number of expenses […]
When it comes to your finances, there is a significant amount of planning involved if you want to meet long-term financial goals. It is for this and other reasons that many people choose to work with a financial planner to help them establish and achieve their goals. Financial planning isn’t just for those who are […]
We spend a lot of our lives planning, from trips and vacations to how to decorate the living room. But there’s one area you should be focusing on if you haven’t already, especially if you want a secure financial future: financial planning. You may be thinking that financial planning is only for the very wealthy, […]
When it comes to retirement, most Americans today have some form of defined-contribution plan for their retirement, typically through their employer. The most popular retirement plan today is probably a traditional 401(k) plan. Self-employed Americans, on the other hand, don’t have an employer to sponsor a retirement plan for them. In some cases, they may […]
Even if you are young and not currently thinking about retirement planning, know that you should be. Research shows that the earlier you can start saving for your retirement, the better off you will be and the more likely it is that you will meet or exceed your retirement savings goals. There are several different […]
Though many people view a financial planner as a luxury only necessary for the extremely wealthy, the truth is that a financial planner can help almost anyone achieve their financial goals and grow their finances. If you’ve been considering working with a professional financial planner to improve your financial situation, you might be wondering how […]
Nowadays, most people cannot count on Social Security to provide enough income during their retirement years. They will need to think strategically about the types of accounts they will need once they retire and make sure they set themselves up for financial security. The tax-advantaged retirement accounts generally come in two different setups. The traditional account, such […]