When planning for retirement people often have many misconceptions about what it takes to retire successfully and happily. Others are completely unaware of the major challenges or hurdles they must plan for to successfully do so. It requires careful ...
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Saving money isn’t always exciting, but emergency savings are imperative to your financial health. It only takes one unexpected expense to topple your finances. The lack of an emergency fund can result in taking on additional debt or not being able t...
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According to the 2020 annual report of the Social Security Board of Trustees, the surplus in the trust funds that disburse retirement, disability, and other Social Security benefits will be depleted by 2035. That does not mean Social Security will no...
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Money earned can either be consumed or saved. When money is saved it can either be hoarded or be invested to enhance its value. An investment strategy requires information about the various asset classes available to them.The general term used to ref...
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Yes, it’s great that you have employee benefits at your job. However, don’t get too comfortable and overly confident. The reality is they are not enough to provide financial security. There are several downsides to those benefits you may not be aware...
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Are you nearing your retirement? The idea of budgeting can be an extremely daunting task. You are not sure if you will be able to make the necessary savings when there is no steady source of income and regular monthly paychecks for you. You can overc...
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When you're on your financial journey, you need a financial GPS to properly guide you to your destination. Without the right financial roadmap, you can lose sight of the end goal and fall off track. The Financial Planning Pyramid serves as a gen...
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