For those who have children, the urge to protect and provide for them never ends. Even as they grow into adults and start building their own lives, we still want to ensure they never go without the things they want and need in life. However, when it comes to estate planning, is it wise to give your children everything you own as an inheritance?
January 10, 2022
Financial planning is a pressing demand that most of us feel throughout our lives. However, ensuring you’re meeting the proper milestones for your age can be tricky, especially if you don’t have someone to guide you along the way. So, at what age should you start planning for your financial future?
Whether planned or unplanned, job changes can bring excitement, uncertainty, and hope for the future. If you are considering a change in your career this upcoming year or want to be prepared in case of a future job loss, your retirement plan is an essential factor to consider. How can you maintain your savings for life after retirement when your situation changes?
Working with a financial advisor may seem like something that only wealthy investors do. However, according to the National Financial Education Council, this common misconception costs the average American $1,200 annually in unnecessary spending or savings loss. People in all financial situations can benefit from professional help, whether they want to start saving for retirement, pay off debts, or simply eliminate unnecessary spending and taxes from their annual budget.
Most of us are familiar with the term generational wealth. When we start saving for a child’s college fund or inherit something from a family member who has passed away, we are building wealth not only for ourselves but for the next generation. This article will help explain some common misconceptions of generational wealth and help you build your own for your children’s and grandchildren’s future.
The holidays are just around the corner, which hallmarks the beginning of the giving season for many families. Not only do we give to our own families, but many people like to include charitable giving as part of their holiday cheer. The easy part, however, is wanting to give. Finding the right strategies to give charitably can be tricky, especially if you don’t have a specific cause in mind.
Is life insurance a key part of your business strategy? Planning for the future helps you identify your goals and take the steps to reach them, and life insurance plays a role in ensuring your business is prepared to continue in the wake of the unexpected.
Building and maintaining an emergency fund is important no matter what stage of life you’re in. A safety net for the unexpected loss of property, temporary losses of income, and local emergencies is a wise way to steward your resources and ensure you are prepared no matter what life throws at you.
Surely, we need to time the market correctly, right? Isn’t investing at the high the worst thing we can do? Actually, no.
Volatility is a given in the stock market. The key to long-term success is long-term investing. However, this is the largest dip in 2021, so we wanted to address a few key matters as we begin the fourth quarter.