TAKE THE RETIREMENT INCOME PLANNING QUIZ HERE Dealing with clients and prospective clients each week: one of the most asked questions we get is “How do I generate income in retirement from my savings?” The reason we get this question is that previous generations lived differently when it came to planning for retirement. They worked for 30 years before … [Read more...] about Can you Pass the Retirement Income Quiz?
Small business owners/Independent workers are in a unique financial position! Financial Life is different when you're doing it on your own. I've always taken a "5 step" approach to handling it. Here's a recap of my 5 steps and an article from CNBC.com that can help you keep up with the independents! 1. Think in Percentages: alot a percentage of your monthly income to three … [Read more...] about How to Join the Ranks of Money-Savvy Independent Workers
The projected costs for college in 18 years can be very intimidating...but there are ways to prepare for it. Just knowing the possible sticker price gives you the power to prepare! Without preparation, your retirement plan could be significantly impacted. The table below shows the impact on your retirement of a) financing college costs vs. b) starting your savings plan early. … [Read more...] about New parents: This is how much college will cost in 18 years
Check out this short clip on 4 questions you should ask yourself if you're trying to solve the Retirement Costs riddle! What's your plan? Do you know where you want to live? Do you want to have assets for legacy? How much do you need? Click on the video below and think about the following questions... Click for Video! 1. How would you like to spend retirement? … [Read more...] about How Much Will Retirement Cost?
Happy Financial Literacy Month!!! My mission is to help people improve their financial literacy. April is dedicated to this cause. Yet... Only 46% of Americans have a rainy day fund Nearly a third of Americans pay the minimum balance on their credit cards Our households are $13.15 Trillion in Debt It seems that even with a month dedicated to fiscal … [Read more...] about Test Your Financial Literacy!