“Your story is the greatest legacy that you will leave to your friends. It’s the longest-lasting legacy you will leave to your heirs.” —Steve Saint Maybe you’ve seen a lighthearted infographic, widely circulated on the internet, which attempts to explain social media...
Converting Retirement Savings to Retirement Income
You've been saving diligently for years, and now it's time to think about how to convert the money in your traditional 401(k)s (or similar workplace savings plans) into retirement income. But hold on, not so fast. You may need to take a few steps first. Evaluate your...
Suitability vs. Fiduciary: Is your Advisor Working in Your Best Interest?
Picture, for a minute, the last time you went to the doctor for an illness or injury. Chances are, your doctor took your vitals, assessed your full battery of symptoms and when they started, and then used their expertise to diagnose and prescribe an optimal solution....
Spring Cleaning Your Finances
The arrival of spring often signifies a time of renewal, a reminder to dust off the cobwebs and get rid of the dirt and grime that have built up throughout the winter season. And while most spring cleaning projects are likely focused on your home, you could take this...
Women and Finance
Bolstered by cultural assumptions, women have been made to feel they can’t manage their own finances. This has led to a lack of financial knowledge, which has in turn, led to women not being financially independent. Unfortunately, many women believe someone else, a...
Will vs. Trust: Is One Better Than the Other?
When it comes to planning your estate, you might be wondering whether you should use a will or a trust (or both). Understanding the similarities and the differences between these two important documents may help you decide which strategy is better for you. What is a...
Top Financial Concerns of Baby Boomers, Generation Xers, and Millennials
Many differences exist among baby boomers, Generation Xers, and millennials. But one thing that brings all three generations together is a concern about their financial situations. According to an April 2016 employee financial wellness survey, 38% of boomers, 46% of...
The Importance of Saving for Retirement at a Young Age
If you're an adult in your 20s, you are entering an exciting stage of life. Whether you've just graduated from college or are starting a new career, you will encounter many opportunities and challenges as you create a life of your own. As busy as you are, it's no...
Investors Are Human, Too
In 1981, the Nobel Prize-winning economist Robert Shiller published a groundbreaking study that contradicted a prevailing theory that markets are always efficient. If they were, stock prices would generally mirror the growth in earnings and dividends. Shiller's...
Mid-Year 2016: An Investment Reality Check
Market volatility is alive and well in 2016. Low oil prices, China's slowing growth, the prospect of rising interest rates, the strong U.S. dollar, global conflicts--all of these factors have contributed to turbulent markets this year. Many investors may be tempted to...