When it comes to retirement planning, do you cross your fingers and hope your business will provide the nest egg you’ll need to live comfortably? Rather than relying on your business to define your retirement lifestyle, consider a tax-advantaged retirement plan to supplement your strategy.
Each business cycle is unique, which makes it difficult to predict which sectors stand to benefit in the months ahead. Although there’s little you can do about the returns delivered by the financial markets, you can control the composition of your portfolio.
When you live with a chronic illness, you need to confront both the day-to-day and long-term financial implications of that illness. Talking openly about your health can be hard, but sharing your questions and challenges with those who can help you is extremely important, because recommendations can be better tailored to your needs.
Even when most of a married couple’s retirement assets reside in different accounts, it’s still possible to craft a unified retirement strategy. To make it work, open communication and teamwork are especially important when it comes to saving and investing for retirement.
Getting married is an exciting time for a couple. However, along with this excitement comes many challenges. One such challenge is how to manage your finances together.
Dividends have long been popular with retirees and others who are looking for regular income. But focusing on dividends can be appropriate for almost any investor, especially if dividends are reinvested to purchase additional shares.
Creating a budget is the first key to successfully manage your finances. Knowing exactly how you are spending your money each month can set you on a more clear path to pursue your financial goals.
Roth IRAs were created a year later, in 1997, to give people a tax-advantaged way to save for retirement. But a funny thing happened along the way — some parents adapted the Roth IRA as a college savings tool.