Most employees do not know what their Social Security benefits will be. They don’t know what their 401(k) will provide for them at retirement, nor when they will be out of debt. Few employers provide disability insurance if you get hurt or sick, so what will happen...
Jeff Atwater is the chief financial officer of the state of Florida. The numbers and issues he relates in the following letter will teach you why we all have to pay higher and higher insurance premiums. This kind of nonsense is happening all the time, in all the...
When you see an investment report on a 401(k), for example, it most often shows the average rate of return on funds over the last 40 years. Averages do not show the impact on retirement of periodic drops in value. Reports give averages over a long-range period of...
Here is an explanation of 529 plans to fund college educations taken from a well-respected college planning firm. Review this accurate treatment, then allow me to add my perspective: Offered by states and some educational institutions, 529 plans let you save up...
Goals are helpful but everyone always complains about how hard New Year’s resolutions are to keep. So what can you do to make the New Year financially successful and ensure that goals you set in January don’t end up on the back burner by February? Here...
Experts think that any of us living today, who reaches age 65, healthy and vibrant, will easily make it to age 100. Whoa! That will change things financially, to say the least. In the “old days,” between 1960 and 1980, people who reached retirement age...
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