That’s quite a year so far, with some of the most extreme ups and downs in market history. It’s enough to make you want to hide under the covers and not come out. Fear and dread after that list of events is entirely natural.
We Are Half Done with 2020 & What a Long Strange Trip It Has BeenRead More
Do you know how much money you should have in case you lose your job? In this blog post I cover the answer and help you understand why pulling your money out in times of uncertainty is a strategy that will hurt you in the long run.
How much cash should I have on hand in case of an emergency?Read More
For many families, the entire point of saving for retirement is to create an “income engine” that produces income to pay for life in retirement after the wages stop. But creating that engine can be tricky because of how hard it is to answer the following questions: How long will you need the money? How …
It’s easy to look at people around you who seem to have accumulated more wealth than you and believe they know some big secret that you don’t. Actually, when you break down what people do to build and maintain wealth, it tends to be a series of relatively common-sense actions taken patiently over time. Here’s …
If you are better than 50 years old and your parents are still alive, you have probably wondered from time to time if they might get caught in a scam. It’s a reasonable concern. Seniors are commonly the victims of financial exploitation. One recent study in New York state estimates that as much as $36 billion each …
Over time, we all face choices about where and how we live as we age. Below are 10 options for retirement living options. Aging in place The American Association of Retired Persons (AARP) says that 87 percent of retiree homeowners want to stay in their current home for as long as possible. Benefits: The homeowner gets …
