There are some financial mistakes we tend to make more than others and sometimes we may not even realize we are making them. I’ve made many myself over the years and it’s pretty embarrassing but I’ll share my biggest financial mistake. A few years ago, as a young and financially-dumb 23-year old, I left my […]
Many of us dream of retiring at some point, but are you setting aside enough to make that a reality? According to the Employee Benefit Research Institute (EBRI) latest’s retirement confidence survey, you might not be on track. The latest survey indicates one third of those surveyed found that retirement expenses are higher than they thought […]
Just as you thought you had everything together financially, something unexpected happens that reminds you to keep looking for improvements. A few weeks ago, we got a mailing from a 401k custodian claiming that they are holding Emma’s 401k that was rolled over to them years ago. My first thought was that this was some […]
Retirement might seem ways away and years in the distant future. But even so, it’s one of those things in life that requires lots and lots of planning. Retirement can last anywhere from 20 to 30 years but shockingly, a third of Americans have less than $1,000 saved up. It’s easy to see that the […]
Do annuities make good investments? How are they used for retirement income later in life? What is an annuity? An annuity is a type of retirement savings vehicle usually offered through insurance companies and, in one way or another, guarantees a steady income after you retire, whether in monthly, quarterly, or yearly pay-outs. There are various […]
Common sense finance should be easy, right? But it’s not. Human nature and our inherent weaknesses cause us to make serious, expensive financial mistakes. What are the most basic, yet also the most important financial tips that we would want our kids to follow? Some of these tips are painfully obvious, and we’ve included them […]
