Blog
Three Overlooked Benefits of Estate Planning
Estate planning not only makes things easier for your loved ones if you become incapacitated or when you’re gone, but it also does these three important things. If you’re like most Americans, you don’t have a documented estate plan. A 2023 survey by Law Depot revealed...
How to save for retirement
How much money will you need to retire? If you’re like the majority of Americans, you don’t know the answer. But experts use a quick rule of thumb to gauge how much you can spend. They suggest a safe withdrawal amount each year is about 4 percent of your savings,...
Best retirement plans for the self-employed
Retirement plans for the self-employed range from the good to the outrageously good, and can allow you to save much more than you ever could with a traditional employer plan. A well-chosen retirement plan can allow entrepreneurs and the self-employed to bankroll a...
5 Best Investment Accounts For Kids
Do you want to teach your kids how to invest but you’re not quite sure how to get started? Whether you have very young children or you’re starting to fill out college applications, we’ve assembled some great resources to help you and your kids learn about investing...
Controlling The Controllable When It Comes To Your Finances
For many people, when they hit a tough time in their life, the go to advice from well meaning friends seems to be “don’t worry about it” and while this is often easier said than done, the basis of this advice is to control what you can control, and let go of what you...
Top 10 Retirement Tips For 2023
Lists of retirement advice for the year to come generally all sound the same—but that’s not the case this year. The 2023 retirement outlook includes a host of obstacles, such as high inflation and rising interest rates. These trends have created an uncertain...
How To Avoid Aretha Franklin and Prince’s Estate Planning Errors
Estate planning isn't just for the rich and famous. When James Brown died in 2006, his will left most of his estimated $100 million estate in a charitable trust that would fund scholarships for disadvantaged children. But because the estate became mired in...
Succession Planning With A Buy/Sell Agreement
Have you considered what needs to be done with your business when you are doing your estate planning? If you own a business, it is important to have a management succession plan and also have a buy/sell agreement for your business interests. You worked years to build...
7 Times You Should Absolutely Tap Into Your Emergency Fund
While nobody anticipates emergencies, having a financial safety net is crucial for unexpected curveballs life throws your way. Your emergency fund is designed to be a cushion when urgent situations arise. It’s essential to know when to tap into those funds for genuine...
How To Manage Your Risk Via Life, Long-Term Care Insurance
Effective financial planning includes insurance planning, a critical component that many, especially women, in my experience, tend to overlook. It is an important strategy for safeguarding your assets and loved ones against potential risks. Two insurance policies that...