by Sasha Fitzpatrick If your parents are getting close to retirement age, or are already retired, it may be time to talk with them about financial and aging issues, some of which may involve difficult conversations. For the sake of everyone in your family, don’t avoid these “taboo” topics. You’ll need to be careful about […]
by Sasha Fitzpatrick It’s human nature to want to make things easier for our loved ones – and to have great concern about adding any stress to their lives. In fact, 72 percent of retirees say that one of their biggest fears is becoming a burden on their families, according to the Edward Jones/Age Wave […]
by Sasha Fitzpatrick October is National Retirement Security Month. But what does retirement security mean to you? And how can you work toward achieving it? Here are some suggestions: Build your resources. While you’re working, save in tax-advantaged accounts such as your IRA and 401(k) or similar employer-sponsored retirement plan. In your 401(k), contribute at […]
by Sasha Fitzpatrick It’s been called the “Great Resignation” – the large number of Americans voluntarily leaving their jobs. If you plan to be part of it (ideally with another source of employment lined up), you’ll need to make the financial moves necessary to keep making progress toward your long-term goals. Here’s some background: After […]
by Sasha Fitzpatrick If you’re getting close to retirement, you’re probably thinking about the ways your life will soon be changing. And one key transition involves your income – instead of being able to count on a regular paycheck, as you’ve done for decades, you’ll now need to put together an income stream on your […]
by Sasha Fitzpatrick If you’ve heard of 529 plans, you might think they can only be used to help pay for college. And you wouldn’t be alone: Less than one-third of adults properly identified that a 529 plan can be used for more than just higher education, according to a survey by Morning Consult and […]
by Sasha Fitzpatrick You may have heard that it’s important to take the emotions out of investing. But is this true for all emotions? Certainly, some emotions can potentially harm your investment success. Consider fear. If the financial markets are going through a down period – which is actually a normal part of the investment […]