There are three ways to pay for your child’s education. Before, During or After. Ideally you save funds before your child goes to school and then you have the assets available. If your income has increased you may be able […]
After many years of studying personal finance I have concluded that every question has the same answer. The answer is “It depends”. Can I retire early? – It depends. What are your savings, your current age, your life expectancy, etc.? […]
There are many decisions that need to made between the ages of 50 and 70 ½. These are the ages where lifetime events occur. 50 – Eligible for making additional retirement catch up contributions in addition to the maximum contributions. […]
Frequently, an investor will have cash and they would like to earn additional income without the risk of investing in equities. An effective investing strategy is to implement a bond ladder. As an example, if you have $120,000 in cash […]
A new concept with the advent of an online lifestyle is that your successor or executor is going to have a difficult time settling your affairs if all your passwords are not available and all your financial information is online. […]
Financial Statements. You might think that this applies only to businesses. My experience is that sometimes an individual’s assets and income exceeds that of a business yet little attention is devoted to analyzing the reports for an individual. You need […]
Buying insurance can be a confusing purchase. However, all insurance is the same. You are protecting against a risk and you are willing to pay someone to accept the risk.