Financial Planning
Protecting Your Data
It seems that our personal data is easily stolen. We all have been warned about emailing sensitive information – either inside the body of the email or as an attachment. And yet we still do it. Many companies still send out credit card forms and signature details. Medical offices use email for their patient communication. […]
Long Term Care Insurance
When financial planners model a client’s future assets, perhaps the biggest unknown is the potential use and cost of long-term care. According Genworth’s 2018 Cost of Care Survey, the median annual cost for a private room in a nursing home facility is over $100,000. The median annual cost for a home health aide is $50,000.
Of […]
Protecting Yourself against Identity Theft
Should I Sign up for an Identity Theft Protection Service?
Unfortunately, data breaches are now normal, everyday occurrences in our society. As a result, many companies are offering services to help you protect your personal information. If you want an extra layer of protection, an identity theft protection service is a good option. However, the term “identity theft protection service” can be misleading. The reality […]
For College Savings, 529’s Are Hard to Beat
Raising kids is hard enough, so why not make things easier for yourself when it comes to saving for college? Ideally, you want a savings vehicle that doesn’t impose arbitrary income limits on eligibility; lets you contribute a little or a lot, depending on what else happens to be going on financially in your life […]
Take This Quiz: The Social Security Retirement Earnings Test
Can you work and receive Social Security retirement benefits at the same time? Yes, but the Social Security Administration (SSA) will apply an earnings test. Part or all of your monthly benefit may be withheld if you earn too much.
To help avoid surprises, take this quiz to find out what you know — and don’t […]
What You Need to Know about Side Hustles
Do you want to earn some extra money doing what you enjoy on your own time? Consider pursuing a side hustle, which can be defined as any type of work undertaken in addition to a full-time job. Generally, side hustles are freelance or piecework in nature. Depending on how much time and energy you put […]
What Should I Know about Investing in Collectibles?
Collectible assets such as fine art, antiques, coins, and gems are one way to diversify your investment portfolio. But it can be difficult to predict if or when the money you invest will provide a return. Here are a few things you should know about collectibles before investing in them.
Not all collectibles are valuable. Some […]
Real Estate Investing 101
Historically low mortgage interest rates and rising home values are just a couple of reasons why investors may be drawn to real estate investing. Not only does real estate have the potential to provide a steady income stream, but it can help diversify an investment portfolio and act as a hedge against inflation.
If you are […]
How to Land a Better Financial Aid Package
Your child has applied to several colleges, and the financial aid awards are starting to arrive. But when you take a look, they’re less than what you expected. Or maybe your returning college student got less aid than he or she did last year. Is there anything you can do to get more financial aid?
First, […]
