Maybe the biggest rookie finance mistake happens when someone from human resources sends you a link or gives you a form to enroll in the company 401k at your first job. There's so much else going on, and the usual response is to put it on the "I'll get to…
The same people who put off estate planning have no problem finding the time to plan their vacations. And far too many people think the only plan they need for retirement concerns being able to pay bills. Retirement planning is for that time when you change direction and stop the…
Failing to plan for the enormous changes that retirement brings leads many Americans to find themselves emotionally lost at sea when retirement finally arrives. In "The Biggest Oversight in Most Americans' Retirement Planning," Kiplinger's takes a look at what happens to people when they have failed to do any planning…
According to CNN Money, Americans are moving and Oregon, South Carolina and Vermont are heading up the list of the most popular places, as reported in "Oregon is the most popular state to move to." Oregon leads the list as the top "moving to" destination in 2015 for the third…
According to a recent study, "The Bank of Mom and Dad: a Source of Comfort for Everyone," an increasing number of parents in the U.S. are worried about their adult children's financial status and would be willing to sacrifice their own fiscal health. The study, issued by the BMO Wealth…
It’s simple math. A plan to save more and spend less is a good plan for retirement. But a recent Forbes article, "The Most Potent 401(k) Booster," says that if you have the self-discipline and the ability to plan, you can shrink your debts and add to your emergency, college,…
Ending a property partnership is often a lot like getting divorced. Most splits are the result of an irrevocable break in the personal relationship of the partners, the investment becoming a cash drain, or siblings who inherited property together and now want to sell. In a perfect world, property partnerships…
The one thing that all 401(k) millionaires have in common, according to a Forbes' article "Nine Ways To Be A Millionaire In Retirement," it is saving at a much higher amount than others. Whatever your career path may be and whatever your earnings level is, start saving early. While millennials…
With two-thirds of Americans experiencing disruptions to their retirement planning resulting from divorce, major illnesses, unemployment or business troubles, the road to retirement has become bumpier than ever, according to a new TD Ameritrade survey. The challenges add up to $2.5 trillion in lost retirement savings. The news is gloomy,…
Thinking about pulling up stakes when you retire? Review this checklist of financial concerns first. Moving during retirement is not just about the scenery. You need to understand the full financial impact that can come from relocation to or from Houston. Morningstar’s recentarticle, titled “6 Questions to Ask Before Relocating…