No matter who you are, retirement planning is a must. Whether you’re just around the corner from retirement or you have a few more decades, it is never too soon to start preparing for your golden years. 

However, while most individuals focus on the financial side of things, what will you actually do in retirement? How will you spend your days? What kinds of hobbies or interests will you pursue? If you’re like most pre-retirees, you might have some thoughts on the topic, but nothing set in stone. 

While it’s true that saving for college is easier the earlier you start, all hope is not lost if you waited a few years to get started. Despite the rising cost of a four-year degree, it’s still an important asset for climbing the career ladder in most professional settings.

Paying for college is a financial goal for many parents but with an 18-year savings timeframe, it can easily fall by the wayside. Many people get so wrapped up in the day-to-day realities of getting the bills paid that they don’t get serious about college savings until their children’s preteen or teen years.

Whether you’ve been married five years or 25 years, divorce presents many challenges - including financial issues. This is likely a difficult time as you navigate uncharted waters. 

Friends and family may try to give you helpful information, but having a trusted attorney, tax professional, and financial advisor are essential to protect what you have and help you make informed decisions.

This post was last updated on July 30, 2022, to reflect all updated information and best serve your needs.

If you’re trying to save for retirement, it helps to have an employer-sponsored plan so that you’ll have access to funds once you stop working. Although 401(k) plans are the most common option today, some companies still offer pensions. Now you're probably wondering what the outcome of a pension vs. 401(k) is, don't worry; we cover this a bit later on.

One of the most expensive things for retirees to have to deal with is healthcare. Healthcare is not cheap. In fact, it seems to get more expensive every year. 

Yet, in retirement, most of us are saddled with the less than 70% income we were making before retirement. So, how does one still afford healthcare in retirement?

Medicare is an important coverage that provides security to the majority of Americans. Medicare Open Enrollment is the time when you can change your Medicare coverage for the next year, and includes Part D prescription drug coverage. 

You may think that you know all about Medicare open enrollment because it happens every year. But this year is a little different from last year. Here are some ways to prepare for Medicare open enrollment for 2022 so you have a better idea of what to expect.

You weren’t expecting to retire at this time, but life has happened. Circumstances beyond your control have left you with little option other than retirement (forced or not), so you’re probably a little scared and unprepared. 

Maybe it’s a medical situation, or you have to take care of a loved one, or maybe you were simply forced out/downsized. Whatever the reason, here are things you can do to help you plan for retirement when you weren’t expecting it.

You’ve probably heard the term “Consumer Confidence” before, likely reported on your local news broadcast or business channel. Maybe you’ve heard of the “Consumer Confidence Index” and wondered if those two terms were the same thing, or something different. 

Either way, you’ve probably noticed that these terms are discussed quite often, and seem to matter a great deal to some people. While these terms are related, they are not exactly the same. 

Real estate plays a very important role in the U.S. Economy. Even if you’re not planning to sell a home or buy a home, what happens in the housing market affects us all. 

Housing is one of the biggest expenses of homeowners, and it’s also the biggest source of wealth for many Americans. If you own a home, rent a home, or require a home, this article will help you to understand why new home sales are important to the economy, even if you’re not the one buying the new home.

Below is a fantastic guest from Certified Coach, Samantha Lane. We hope you enjoy and be sure to reach out to either Samantha or me with any questions. Happy Halloween!

There can be a lot of spooky things when change is on the horizon. Rather than goblins, mummies, or ghosts looming around the corner, it’s often anxiety, perfectionism, and despair rearing their ugly heads. 

As our economy seems to be coming out of a dark economic era, it’s important to know what lies ahead. As a consumer, you want to know if you can trust the perception and what appears to be true. Is the economy back on the rise? 

And how can we know for sure? One thing we can do is be more mindful of consumer sentiment. But ,what is consumer sentiment, and how is it measured?

No matter who you are, investing is always a smart move. Whether you’re saving for retirement or trying to grow your personal wealth, you need to take advantage of investment opportunities. However, while your money can grow tax-deferred, what happens when you withdraw it? 

In most cases, you will have to pay taxes on capital gains in your taxable (non-retirement) accounts. Fortunately, if you wait until the right moment, you can reduce your tax burden. In some cases, you might be able to save thousands or tens of thousands of dollars. 

Ever wish you could look into the future to get a glimpse of what certain markets will look like five or 10 years from now? This is especially helpful if we’re working on a financial plan or plan to invest money in up-and-coming new markets. 

If only we could know what the state of the economy will be before it actually happens. You can know more with the leading economic indicators. This article will answer what are the leading economic indicators, and how to use them. 

Did you know that real estate has produced more wealth than any other industry in the history of time? Retail real estate alone has produced an average annual return of 10.8% over the past two decades, according to data from the National Council of Real Estate Investment Fiduciaries Index.

However, as with any other business, property investing isn’t without its pitfalls. If not wisely planned, the cost of the property investment can quickly override the profits.

Budgeting and saving money are closely related because budgeting is the most effective tool people use to save money. And no, budgeting isn’t just about tightening the belt and spending less. It’s about putting your money to work for you so that you prioritize and spend on the things that are most important.

So today I will be sharing with you some of the most effective tips that you can use to be successful when it comes to budgeting and saving money.

Between student loan debt and the high cost of living, it can seem difficult to get ahead in this world. However, there’s an important concept that, when managed well, can accelerate the growth of your savings and increase your wealth like you couldn’t imagine. And, you’ve probably heard of it before; compound interest.

Hey, if Albert Einstein is calling compound interest the eighth wonder of the world, then you better take note!

As an investor, you’re always on the lookout for the best possible returns with the least amount of risk. It just makes sense. But many experts say that paying off high-interest debt is one of your best investments - and I completely agree.

For example, suppose you are getting an average annual return of 8% from your investment portfolio. On the other hand, you are paying 19% annual interest on your credit card. In other words, you are spending roughly 11% more out of your pocket each year to service the interest on your credit card. Regardless of how you look it, you’re not getting ahead.

As the old saying goes, money doesn’t grow on trees. However, if you pay attention to some people’s spending habits or online pictures, it can certainly seem that way for them. These days, it’s never been easier to be jealous of everyone else, particularly if you’re on a tight budget. 

But why do we think people have more money than us? What’s really going on here?

What is it that they say? That the clothes make the man?

Well, while I don't believe that clothes have any bearing on your competence as a professional, I think we can all agree that appearances do matter. As a general rule, people will treat the well-dressed and well-groomed better, and looking your best can provide a big confidence boost. So, it's important to have an elegant, polished look at work, to make the most of your time at the office and maximize your chances of success.