Handling money is not easy. People often end up making costly financial mistakes in life. Getting a stable income stream is hard enough. But if you don’t make some sensible financial decisions, all your hard work will end up offering less-than-stellar benefits in the long term. Some mistakes are unavoidable in personal finance. Based on […]
For people whose whole life has revolved around using their mind, retirement can be a bind. All of those degrees and awards, the presentation notes, the papers, the grand vision of achievement — all of that can gradually deteriorate once you walk out the door. Until, eventually, all you have left are crosswords for company […]
A crisis is looming on the horizon — and it’s not the same old story about workers who haven’t saved enough. This calamity is affecting would-be retirees who can’t find — or aren’t aware of — retirement benefits owed to them by former employers. Finding old 401(k) and pension plans is not always as straightforward […]
An increase in income can enormously reduce the time it takes for you to achieve your set financial goals. Do you want to earn more money and learn how to increase your income? When it comes to strategies to improve your income, a lot of people think that it is very complicated. But in reality, […]
Nearly 57% of American adults have savings of less than $1,000, while 39% have zero savings. Following a few quintessential personal finance practices, however, can help you achieve a healthier financial profile. Here are the seven key personal finance habits to form immediately:
You’ve planned carefully, had all the important talks with a financial advisor, set aside a nice little nest egg, and now the big day is here. You are ready to retire. But now that the big day is here you may be having some second questions. This is a totally normal part of the process. […]
New studies have emerged that point to a severe shortage of doctors and other vital health workers is on the horizon for the United States. The first report, conducted by the Association of American Medical Colleges (AAMC), concluded that the United States will need to hire between 34,600 to 88,000 doctors by 2025 to adequately care for our […]
A reverse mortgage is a loan for senior homeowners that allows borrowers to access a portion of the home’s value using the home itself as collateral. The loan generally does not have to be repaid until the last surviving homeowner permanently moves out of the property or passes away. At that time, the estate has […]
If you haven’t already created an estate plan, consider starting now. Although every estate planning process is different, as a guide it can be helpful to have a step-by-step plan for you to follow as you go through what can often be an overwhelming process. Remember that a lot can change over the years, both […]
As a potential home buyer, it is equally important to research the different types of mortgage loans as it is the neighborhoods you might want to live in. Applying for a home loan can be difficult, and knowing which type of mortgage best suits your needs will help guide you to the type of home you […]
