Annuities are bought to avoid the risk of outliving retirement savings. In many ways, annuities are more like insurance products than investment vehicles, just in reverse. When we buy insurance, …
When you buy life insurance, you’re not only protecting yourself, but also your loved ones who depend on you. Life insurance pays out a beneficiary in the event of death …
Pensions have largely faded from corporate offices around the country and have been replaced by tax-sheltered retirement vehicles like IRAs and 401(k) accounts. In addition to these accounts, different versions …
Creating long-term goals is a crucial part of any financial plan. However, too many people set themselves up to fail by making vague or unrealistic goals, when really, they need …
Credit card debt is one of the most destructive forms of debt there is, yet more and more people are carrying balances on their cards. Americans owe more than $1 …
Insurance plays a large role in your financial plan because it protects many areas of your life. Health insurance protects you from illness, auto insurance protects your car, and disability …
A windfall can come into our possession in a number of ways: a big gambling victory, a winning lottery ticket, or an inheritance from a deceased relative. No matter how …
Planning for an uncertain future is something we all struggle with from time to time. Whether it’s saving for retirement, getting kids through college, or simply figuring out when to …
Finance is an unavoidable part of our lives, but sadly, financial education is often lacking. Schools don’t teach students how to invest or save, and money is a taboo subject …
The current economic situation may feel overwhelming and filled with uncertainty. The spread of COVID-19 and the social distancing required to minimize its spread is unlike anything in living memory. …
