You’ve been repaying your student loans faithfully for five years but, all of sudden, things have taken a financial turn for the worse. You’ve been laid off from your job,…
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One way to answer this question is to evaluate your investments objectively using industry-standard performance benchmarks. A benchmark is a market index or average that allows you to compare the…
After being largely dormant for the last decade, inflation roared back in 2021 due to various factors related to the pandemic and economic recovery. For perspective, it may be helpful…
It is widely recognized that financial literacy impacts a person’s overall economic success. In fact, studies have shown that individuals who are exposed to economic and financial education at an…
Whether they want the role or not, adult children often find themselves in the position of primary caregiver for their parents. Unfortunately, many of us are not prepared for that…
Do you sometimes think about what your life will be like when you retire? Most people imagine living independently in comfortable and safe surroundings, preferably residing in their own home….
Most people would like to remain in their homes as they grow older. In order to make aging in place a reality, however, planning ahead to accommodate your individual needs…
What is a cash reserve? A cash reserve is a pool of funds (and sometimes credit) that you hold in a readily available form to meet emergency and other highly…
During your working years, you’ve probably set aside funds in retirement accounts such as IRAs, 401(k)s or other workplace savings plans, as well as in taxable accounts. As you approach…
Contributing to an employer-sponsored retirement plan or an IRA is a big step on the road to retirement, but contributing to both can significantly boost your retirement assets. A recent…