This time of year becomes a blur with all we have going on, so here are some topics that could benefit you and yours.Read More
You, as a parent, have no more right to receive medical information on your legal-aged child than you do to get information about a stranger off the street. It does not matter if your child is covered by your health insurance.Read More
Equifax’s response to the data breach is to offer consumers one free year of credit file monitoring services through TrustedID Premier. This includes monitoring reports generated by Equifax, Experian, and TransUnion; the ability to lock and unlock Equifax credit reports with a credit freeze: identity theft insurance; and Social Security number monitoring.Read More
Equifax, one of the three main credit reporting agencies, announced a massive data security breach Sept. 7 that exposed vital personal identification data, including names, addresses, and social security numbers of as many as 143 million consumers, roughly 55 percent of Americans ages 18 and older.Read More
You are all aware of the devastating hurricanes that hit Texas, the Gulf and the ones that were, as of the deadline of this article, devastating the Caribbean and soon to hit Florida. You also may notice the many requests for financial aid from many sources. Please remember if it sounds too good to be true, it is too good to be true.Read More
Having a baby is one of the most exciting things we can do. It can be, and most likely will be, stressful for, among other things, the added financial burden. Along with the added financial needs there is another commodity you will find in short supply: Time.Read More
In an ideal world, your retirement would be timed perfectly. You would be ready to leave the workforce, your debt would be paid off. And your nest egg would be large enough to provide a comfortable retirement – with some left over to leave a legacy for your heirs.Read More
This is not a pleasant topic, but with over 50 percent of marriages ending in divorce, I think it is something to address. By the way, the statistics for second marriages is a divorce rate of over 75 percent so this is a topic to make yourself fully aware of and knowledgeable about.Read More
During your working years you took home a regular paycheck (weekly, bi-monthly or monthly), and you paid for everything with its proceeds, rent, mortgage, auto, food, utilities, clothes, vacation, entertainment, the kids and inverted for your retirement. Now, you are retiring and your paychecks will stop. You will switch from receiving a steady income to paying your ongoing bills.Read More
If you are within 10 years of retirement, I hop you’ve spent some time thinking about this major life change. The transition to retirement can seem a bit daunting, even overwhelming. If you find yourself wondering where to begin, the following points may help you focus.Read More
About a year ago I wrote a piece on ‘How to Choose a Qualified Financial Planner.’ We spoke of the qualifications to be a ‘financial planner’ (none) vs. a Certified Financial Planner (CFP), which is a result of a lot of education and training. And what organizations to call to check on the records on a planner.
Over the years I have seen so many people who are underinsured and even not insured at all even though they have a spouse and children to be considerate of and to protect. There are so many types of policies covering so many scenarios.
If you have any accumulated assets, such as a car, jewelry or property, and you want these assets to go to someone specific when you are no longer on this Earth, you need a will. Otherwise, your asset will go through probate court and they will decide who gets your assets. This may not be what you want, so pay attention
Someone explained it to me as: If I had $100 in singles and I had three buckets in front of me to put them in, No. 1 for equities (stocks), No. 2 fixed income (bonds, CDs) and No. 3 being cash (totally liquid), how many dollars would I put in each bucket?Read More
An estate plan is a map that explains how you want your personal and financial affairs to be handled in the event of your incapacity or death. It allows you to control what happens to your property if you die or become incapacitated.Read More
If you have the assets in one of your personal investment accounts, get serious about your future retirement! You have until your tax return due date (not including extensions) to contribute up to $5,500 for 2015 ($6,500 if you are age 50 by Dec. 31, 2015).Read More