We are about three weeks into 2020. If you are like most Americans, you may have already given up on your New Year’s resolutions. About 40 percent of Americans set a resolution and about 60 percent of them fail within six months, according to University of Scranton psychology professor, John C. Norcross. Maybe this is …
Retirement
Three ways to protect yourself against a recession
We’ve been hearing conflicting reports about whether a recession is looming. A recent survey of 500 Americans shows many are worried about a recession and plan to adjust. If you’re in that category—or even if you’re not—now is a good time to take action to protect yourself in case of a recession. Almost four in …
What Do I Need to Know About the SECURE Act?
The Setting Every Community Up for Retirement Enhancement Act of 2019 was passed by Congress and signed into law at the end of 2019. The SECURE Act, as it’s known, represents the most sweeping set of changes to retirement legislation in more than a decade. It has several benefits for American retirees—and some drawbacks as …
Four Secrets to Make 2020 Great
“If you want others to be happy, practice compassion. If you want to be happy, practice compassion.” –The Dalai Lama As the year winds down, I find myself thinking of the year ahead and how to make it better. Regular readers may know that my father passed away this year and that event has inspired …
Scared to talk to a financial advisor? Here are 6 benefits of overcoming your fear.
If you are of a certain age, you recall the quote from Ronald Reagan: “The most terrifying words in the English language are, ‘I’m from the government and I’m here to help.’” It’s sometimes the way people feel when they contact a financial planner. Are financial advisors worth it? A recent study shows that 71 …
Scared to talk to a financial advisor? Here are 6 benefits of overcoming your fear.Read More
What financial accounts should I have? Here are the six you need.
In preparation for the new year, let’s think about getting our financial house in order. A great place to start is to organize your accounts. Here are the six financial accounts you need: Master checkbook. This is where your payroll gets deposited and any other regular income you receive. You can pay your big monthly …
What financial accounts should I have? Here are the six you need.Read More
