Tag: personal finance
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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 ... -
8 Wealth Creation Tips That You Must Know
The aim of every financial plan is to create wealth. Wealth creation is something humans aspire for from a very young age. Even before taking up a job or understanding their passion in life, most people are certain about wanting to make a lot of money. Here are some things that can help you in ... -
Shedding Light on The Myths of Retirement
Certified financial planner, Mark Singer, wrote in his book, The Changing Landscape of Retirement – What You Don’t Know Could Hurt You, “I feel that one of the most important lessons that can be learned is that what we “see” may be different than what is actually in front of us.” Retirement planning can be ... -
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 ... -
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 ... -
529 Plan: Everything you need to know while saving for college
According to a report, around 29% of parents with children under the age of 18 in the US invest in a 529 Plan to save for their children’s education. Studies have also shown a steady increase in the amount of savings and withdrawals in such plans over the years. If you too want to save ... -
The benefits of working with a Financial Advisor
A financial advisor is a professional who helps people manage their funds in the most effective way, thereby ensuring their financial peace. Working with an independent financial advisor brings a host of benefits. This also explains why an increasing number of individuals are reaching out to them. If you are wondering if it worth it ... -
How to monitor the activities of your Financial Advisor
A financial advisor is someone who works closely with you to help you organize your finances. They help you achieve your financial goals. They also help you save time, efforts and energy while managing your finances. They not only know what you own and owe but are also aware of your financial strengths and weaknesses. ... -
How to Prepare an Annual Financial Plan – Financial Planning DIY Checklist
“He who fails to plan is planning to fail”, said Sir Winston Churchill once. This holds true even for your finances. If you don’t have a financial plan in order, you are likely to fail in your financial life. But you need not fret. For, Sir Churchill also said, “Let our advance worrying become advance ...