Bad Money Habits to Break in 2018

Bad Money Habits to Break in 2018

Do bad money habits constrain your financial progress? Many people fall into the same financial behavior patterns year after year. If you sometimes succumb to these financial tendencies, the New Year is as good an occasion as any to alter your behavior.   #1: Lending money to family & friends. You may know someone who […]

The Major Retirement Planning Mistakes

The Major Retirement Planning Mistakes

Much has been written about the classic financial mistakes that plague start-ups, family businesses, corporations, and charities. Aside from these blunders, there are also some classic financial missteps that plague retirees.      Calling them “mistakes” may be a bit harsh, as not all of them represent errors in judgment. Yet whether they result from ignorance […]

Your 2018 Financial To-Do List

Your 2018 Financial To-Do List

What financial, business, or life priorities do you need to address for 2018? Now is a good time to think about the investing, saving, or budgeting methods you could employ toward specific objectives, from building your retirement fund to lowering your taxes. You have plenty of options. Here are a few that might prove convenient: […]

Avoiding the Money Pitfalls of Past Generations

Avoiding the Money Pitfalls of Past Generations

You have a chance to manage your money better than previous generations have. Some crucial financial steps may help you do just that.       Live below your means and refrain from living on margin. How much do you save per month? Generations ago, Americans routinely saved 10% or more of what they made, either depositing […]

Retirement Plan Contribution Limits Rise for 2018

Retirement Plan Contribution Limits Rise for 2018

You will able to put a little more into your workplace retirement account in 2018. The federal government has boosted the annual contribution limit on some of the popular qualified retirement plans thanks to inflation and made other adjustments worth noting.   Contribution limits for 401(k)s are rising by $500. This is the first increase […]

Will Debt Spoil Your Retirement?

Will Debt Spoil Your Retirement?

The key points of retirement planning are easily stated. Start saving and investing early in life. Save and invest consistently. Avoid drawing down your savings along the way. Another possible point for that list: pay off as much debt as you can before your “second act” begins.    Some baby boomers risk paying themselves last. […]

Little Things that May Help Your Retirement Savings

Little Things that May Help Your Retirement Savings

Saving for retirement takes decades and demands the investment of significant amounts of your income. As this major effort unfolds, you should recognize that some subtle factors and seemingly minor decisions could end up making a sizable and positive impact on your financial future.        Your investment yield may be less important than the […]