Taxes are complicated and marriage often makes the situation even more confusing, but these points can help make good decisions. Continue Reading
6 of the Most Important Tax Facts for Married Couples
Category Archives: Retirement
How to Work toward Financial Goals While You Save for Retirement
One of the biggest challenges that individuals face as they create a monthly budget is balancing saving for retirement with their other financial goals. Finance experts recommend saving as much as possible for retirement starting at the outset of one’s career. That said, younger professionals generally have a number of other goals in mind first,… Continue Reading
4 of the Most Important Points to Consider in Retirement Plan Consolidation
Retirement plan consolidation can make sense as a means of simplification, but it can also have investment ramifications. Continue Reading
5 of the Most Important Financial To-Dos for Newly Married Couples
Once you get married, follow these tips to reduce your monthly costs and safeguard your joint finances. Continue Reading
6 Changes to Social Security in 2019 That Beneficiaries Need to Know about
In the United States, more than 62 million people rely on Social Security as a source of income, including about 43 million retirees. Recently, the Social Security Administration (SSA) announced some important changes to benefits that will begin in 2019. Individuals who rely on this income need to make sure that they understand these changes… Continue Reading
How to Decide between Paying off Debt and Investing Money for Growth
In the United States, it is very common to carry debt. According to a survey conducted by Pew Charitable Trusts, about 80 percent of American households have some kind of debt. The most common form of debt is a mortgage, although many individuals also have other monthly liabilities. These may include unpaid credit card balances,… Continue Reading
5 Simple Ways to Maximize Your Income during Retirement
One of the most pressing concerns for people nearing retirement is the possibility of running out of money. Unfortunately, this fear is grounded in reality. The Employee Benefit Research Institute (EBRA) reports that more than 80 percent of Baby Boomers in the lowest income quartile will run out of money within two decades of retirement.… Continue Reading
6 TED Talks on Personal Finance You Need to Know About
People who want to learn about personal finance have more tools than ever before with the growing popularity of blogs, podcasts, and more. One of the best resources that individuals can use to learn more about taking control of their finances are TED Talks, a series of presentations providing unique insight on a particular subject… Continue Reading
How to Write the Strongest Home Purchase Offer Possible
One of the most stressful personal finance processes that people may go through is purchasing a home, which includes everything from making an offer to securing financing. In a seller’s market, like the one we are currently in, individuals often face a lot of competition when they put in an offer on a home. For… Continue Reading
7 Ways to Change How You Think about Personal Finance
People often think that managing personal finances boils down to saving money whenever possible and minimizing spending, but this is a very simplistic point of view. In reality, one’s financial wellbeing is more about mindset than actions. While actions are what get people out of debt and boost their savings, individuals need to take the… Continue Reading