When You Leave a Job, Consider Taking Your Retirement Account With You

Many people who change employers or retire leave their assets in the former employer’s 401(k) plan. Often they are not aware of other options and how these choices can impact their long-term goals. While you were employed you had limited options with your retirement account. Now you have the freedom to consider many more investment options. One option is to roll assets into an IRA where you can invest in just about any type of […]

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When Your Children Leave Home, Will You Save More for Retirement?

You may be asking yourself whether that’s a trick question. After all, almost one-third of 18- to 34-year-olds are still living at home with their parents. It is, in fact, the most common living arrangement for this age group and a circumstance that hasn’t occurred in more than 130 years, according to Pew Research Center.1 If your children are at home, you may be wondering whether they’ll move out before you retire. (If they don’t, […]

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Keep Your Financial Plan Working While You’re On Vacation

The plan receiving the most attention this time of year is the vacation plan. But there’s another plan that also deserves attention – your financial plan. Here at the midyear point, take some time to look over your financial plan before you leave on vacation. Are you on track to meet goals you set at the beginning of the year?  Have things changed in your life or business that would make financial goal realignment a […]

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You Can’t Save What You Don’t Have

Whether you’re retired or working, do you really know where you spend your money? These are increasingly important questions today as more people are helping not only their children, but also their grandchildren. This may also be at the expense of their own retirement. Having a financial plan can help guide your decisions now and in the years to come. Ongoing tracking of your expenses, like stepping on the scale, provides a reality check. The […]

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Helping Younger Generation Brings Challenges

As the American population ages into retirement, younger generations may be the ones responsible for picking up the pieces. There’s only one problem: the younger generation is in no position to do so. A recent study by the Urban Institute, published on March 15, 2013, found Americans from young adulthood up to about age 40 have accrued less wealth than their parents at the same age even as the average wealth has doubled over the […]

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