When it’s snowing and blowing with temperatures hovering around 30 degrees in New England the snowbirds want to be somewhere where it’s sunny and a pleasant 75 degrees.
You’ve worked very hard to achieve your goals and accumulate assets. Now you need to protect them!
Life is full of obstacles! A stock market downturn, a job loss, illness, a disability, divorce, a boomerang kid, even elderly parents needing financial help.
Knowing when you want to reach your goals is your time horizon and that should dictate what you invest in and how much risk you take.
A net worth is a snap shot of where you are financially at a given moment in time. It is a list of your assets and your liabilities.
The financial choices in our lives are overwhelming. It’s become a lot more complicated and involves a lot more planning than it used to.
This rarely happens, but retirement planning should start with your first job.
Social Security is synonymous with retirement income, but it is much more.
The retirement income gap is currently 44 cents for women for every $1 that men will collect and it’s been well reported that more women than men will encounter financial hardship during retirement.
Although better educated than their mothers and grandmothers, today’s women are still not earning as much as men.