Tag: financial planning
-
10 Estate Planning Myths That Can Cost You
Most adults tend to forego estate planning in their financial goals strategy. There are several misconceptions around estate planning that deter people from exploring further. These unverified myths make people exclude estate planning from their financial planning goals and ultimately leave their family in a fix after they are gone. Given below are the most ... -
5 Step Guide on Building Wealth
Picture this: You have a steady job and the income you receive at the end of the month goes in paying bills, funding needs, and splurging the little that is left. Amidst the daily routines of life, have you ever stopped to think where exactly your wealth is going? It is easy to say that ... -
What should every 50-something know about an Emergency Fund
The road to retirement is long, and even after you get there, you have many years ahead of you! According to a recent Huffington post, there has been an increase of 44% in the number of centenarians in America since 2000. With 70s being touted as the new retirement age, if you are in your ... -
5 Steps for incorporating Healthcare in Retirement Planning
Financial Speaker and author, Robert Laura, once stated, “A successful retirement isn’t one without problems, but one in which you learn to overcome them.” Deteriorating health is considered to be a major problem associated with old age, but it is also inevitable. This is why healthcare goals should be an important part of your retirement ... -
How to craft the perfect financial plan for short, medium and long term goals
Ever since you were a child, everyone around you has always encouraged you to set goals. Goals like topping your class in school, making it to the soccer team, getting into the college of your dreams, etc. Setting goals is important because it gives you clarity on where you are headed and how to get ... -
The Complete Guide on Financial Planning for Couples
Being in a relationship can be rewarding and yet challenging in many ways. As a couple, you decide to share the burden of emotional, physical, and financial high and lows. Managing your finances – individually or jointly can be a task. You and your partner may have differing views. This is why financial planning for ... -
How to make Health Insurance part of your Retirement Planning
It is a universally accepted fact that health is wealth. Naturally, health should be of prime importance when planning for retirement too. As one ages and nears retirement, the body is more prone to medical issues. If you are wondering why it is important to include health insurance in your retirement planning priority list, here ... -
How to Rollover your 401(k) in 5 Easy Steps
In simple terms, rolling over 401(k) is transferring one’s retirement account money to a new Individual Retirement Account (IRA) or a new plan. People usually do this while moving to a new employer. The State allows you to rollover your 401(k) only once in every 12 months. Usually, when you leave a company, your old ... -
5 Must-Read books for Investing
Ace investor Warren Buffett started investing at the age of 11, and he thought that was late. Indeed, it is never too early to start investing, but, when it comes to investing, it is also never too late. No matter how old you are, you can still start investing. Investing is an art and to ... -
Best Retirement Calculators to plan Retirement
It is said that a goal without a plan is just a wish. This holds true even for retirement planning. You dream of a peaceful retired life. To achieve that you must plan for your golden years well in time. Various retirement tools make your task easier. For example, a retirement calculator helps you calculate ...