When you think about having kids, you think about child care, summer camp, braces and college tuition. But, did you ever think about personal loans, car payments or mortgages? You better think about loaning money to adult children because you may be doing just that! According to a 2015 Pew Research Center report, six in […]
Archive | Finances
Top 7 Tips for Returning Holiday Gifts
Do you have holiday gifts to return? If so, these Top 7 Tips for Returning Holiday Gifts are just for you! You may find yourself with an unwanted gift. May stores will allow refunds or exchanges because they want good customer relations. Did you know? These actions are privileges stores may or may not allow. […]
Baby Boomers – Are You Retirement Ready?
Did you know that more than half of current workers have not planned for retirement! So, we ask the question: Baby Boomers – Are You Retirement Ready? According to recent surveys, 48% of pre-retirees do not have a financial plan! If you are one of those 48%, you need to get going. Here is a […]
Year End Tax Planning For Those Over 50
Year end is usually the time for holiday activities, but there are also some year end tax planning and financial items you should pay attention to. Always consult a qualified tax attorney/advisor or certified financial planner for the best advice. Here are a few items you should look at, of course, not all may […]
Watch Out For Fraud!
Watch out for fraud, it’s everywhere and the explosion of the Internet and social media has facilitated a plethora of schemes that will trick you into falling as prey. What are these fraudsters going after? Your money. Your Personally Identifiable Information. (Known as PII – social security number, addresses, phone number, bank account numbers, credit […]
Credit Breach Precautions for Those Over 50!
A very large credit service recently reported a breach of personal credit information of nearly 143 million people, this should alarm us all. If you were one of the 143 million, you probably want to learn about credit breach precautions. Information that was compromised may have included your Social Security number, address, phone numbers, […]
Roadmap for Managing Health Care Costs for Those Over 50!
If you are over 50 and concerned about managing health care costs, listen up! Here is a brief road map of where you should be and what you need to do! If you are 15 years out from retirement, start revving up your savings accounts. Focus on accounts that let you set aside pre-tax dollars. […]
A Comfortable Retirement is What People Over 50 Anticipate
Did you know…nonretirees expect a comfortable retirement according to a recent Gallup Poll? Last year (April 2016) 48% of nonretired Americans thought they would have enough money to live comfortably in retirement. However, this year 54% who currently believe they will have enough money to live comfortably in retirement. This is the highest percentage in […]
Remarrying in Retirement? This is for You!
Remarrying in retirement? This article is for you! Because Baby Boomers are divorcing at an alarming rate, many of them find themselves marrying for a second or third time. That means they are marrying later in life which presents potential problems, such as ex-spouses, stepchildren and retirement savings. These variables warrant special attention and open […]
Seven Threats to Baby Boomer Retirement
Where are you in planning to avoid these Seven Threats to Baby Boomer Retirement? Check out this list of Seven Threats to a successful retirement plan. Number One: Did you OR are you saving enough for a good retirement? You might want to consider saving more and also don’t under estimate inflation! Ask yourself what […]