Women caregivers are twice as likely than non-caregivers to end up in poverty. On average, women caregivers lost in excess of $300,000 in lost wages, Social Security, and retirement benefits over a lifetime. This graphic, courtesy of the Women’s Institute for a Secure Retirement, highlights the financial hardships family caregivers have endured while being… Read more »
Have you taken the time to assess your retirement readiness? Are you keeping up with the Joneses based on savings guidelines released by JP Morgan for those in their 40’s, 50’s or 60’s? Maybe so, but your actual target shouldn’t be based on the Joneses rather it should be based on your unique situation. … Read more »
The New York State Department of Financial Services has released final rates for 14 health plans across the state. According to the list, the parent company of BlueCross BlueShield of Western New York – Healthnow New York – requested and received a decrease of 3.2 percent for individual rates while Amherst-based Independent Health’s 2019 products will increase on average… Read more »
While 80% of fifty-somethings are saving for retirement, half of them expect their standard of living to decrease when the retire. This doesn’t have to be. A written financial plan can help you to maintain your standard of living in retirement. Source: Transamerica Center
This is a great article. Many of our clients and their children have been dealing with this very challenge. Colleges and universities are encouraging students to find or pursue their passion, only to find that its no where to be found; many times resulting in a delayed start in their career, multiple college degrees, and… Read more »
Are you looking to take out a mortgage, sign-up for a new phone plan, or begin a car lease? In order to get one of these three things, you will need a good credit score. Everyone is assigned a number that deems you creditworthy. If you ever had a credit card, a loan, or… Read more »
Your financial well-being is an important and contributing factor to your overall health and wellness. According to a recent study, your financial well-being plays a big role in your entire well-being. Financial well-being is defined to having financial security and financial freedom of choice, in the present and the future. Many people view personal finance… Read more »
Many Americans find that they have too much month left over at the end of their paycheck. Check out this infographic to see how most Americans spend their paychecks. Food, clothing, shelter and transportation account for 50% of most people’s average income before taxes. Source: CreditLoan
Flush with cash after the new tax bill, S&P 500 companies reporting earnings so far have repurchased $158B of their own stock in the first quarter, on pace for the biggest amount on record. This has come at a critical time for the market, counterbalancing the $29B pulled from U.S. ETFs and Mutual Funds in… Read more »