Three Retirement Budget Mistakes

Today focuses on mistakes than can pop up when you’re creating a retirement budget. Our reference for this is a Motley Fool article from April 2019, “3 Reasons You May Be Miscalculating Your Retirement Income Needs.” Let’s address each reason and then determine some ways to avoid these common mistakes. You’ve likely been told that […]

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All About Annuities

Today we are going to talk about annuities. You’ve probably heard of them before and some of you might be quite familiar with annuities as an option. However, they can be confusing and have many different options. So today we are going to work on simplifying the concept of an annuity. First of all, what […]

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Credit Card Debt and Retirees

Today we’re going to discuss how you can tackle debt – like credit card debt – in retirement. Paying down credit card debt probably wasn’t on the top of many retirees’ list of things to do after they finished working. Yes, one of the biggest fears for retirees isn’t that they’ve potentially saved too little […]

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Investment Options for Retirement Planning

If you’re still working and earning a paycheck, we believe it’s critical that you put a healthy percentage of your earnings into a retirement account. One option might be a 401(k). For many people with a 401(k), their contribution can be automatically deducted from their paycheck. As the idea of retirement shifts from “someday” to […]

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Recovering from a Late Start on Retirement Planning

Procrastination, Merriam-Webster defines it as: “to put off intentionally the doing of something that should be done” We’ve all procrastinated about something. It could be something simple like doing the dishes or mowing the lawn. Or it could be something larger, like balancing the checkbook, paying off debt or saving for retirement. The longer we […]

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Life Insurance Basics and Options

Today we focus on life insurance, and how you might be able to gauge your need for it. At the very basic level, life insurance is designed to replace lost income or pay for unexpected needs that might come up for your family should something happen to you. When it comes to your overall financial […]

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Simple Wealth Building Steps

Are you about to make a financial decision? Does it make you nervous? Do you feel pressured? How do you know you’re making a good decision? Today we are focusing on building wealth. But this isn’t going to be about get-rich-quick schemes or chasing the trends in the market. We will be working through an […]

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Relationship-Killing Money Issues

Are money issues killing your relationship with your spouse? How can you avoid these potential issues? Our main source for today is an Investopedia.com article, “Top 6 Marriage-Killing Money Issues” Money can be a source of stress for individuals, couples and any kind of other interpersonal relationships. In fact, according to an October 2018 American […]

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Financial Literacy Education Advocacy

Is Your Teenager Learning Personal Finance In High School? One of our resources for today is a Forbes article from March 2019 entitled with that very question. According to the article, the likely answer is … probably not. The author points to a 2018 survey conducted by the Council for Economic Education. In the survey […]

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