When you receive an inheritance, you may be wondering what to do next. No matter if it’s a modest or substantial amount, handling it responsibly is one way you can honor the family member who left it to you. Here are some ways to help you decide what to do.
Are you a worrier when it comes to investing? Or perhaps you’re the “set it and forget it” type who doesn’t fret much about your investments? Whatever your investing style is, it’s important to invest regularly and keep a long-term perspective, including paying yourself first … automatically. Here are some tips to save for your future.
Having an investing strategy as part of an overall financial plan is an important way to save for the future and build wealth over time. However, making the right decisions can be challenging. That’s why people lean on professional financial advice to help them develop an action plan based on their financial goals and tolerance for risk.
While some people prefer meeting with an advisor, others want a do-it-yourself solution. That’s where robo-advisors come in. Continue reading
If you feel like the COVID-19 pandemic robbed you of your ability to live a normal life, you’re not alone. Restrictions on travel, entertainment and other social gatherings put an abrupt halt to daily activities around the globe.
Face it — most of us spend more time planning our next vacation than we do creating a strategy to improve our financial well-being. According to research1, three in five Americans live paycheck to paycheck and just one in four have a written financial plan.
During financial setbacks, the priority shifts to taking care of the essentials. If your credit health has slid down a few rungs on the priority ladder, it’s time to take action. ignoring your credit now could cause financial harm long after you’re back on solid ground.
One of the hardest events for investors to stomach are market corrections. A correction is a dramatic drop of 10% or more of a stock, bond, or market index such as the S&P 500.
Corrections aren’t unusual, although many investors act as if they are, each and every time they occur. In fact, since World War II, there have been 27 market corrections to the S&P 500 Index1. Continue reading
Inflation and COVID have prompted many of us to protect our health, jobs and financial well-being. No matter what your circumstances are, life will always have bumps in the road. Here are some tips to get back to basics and improve your financial picture.
There are many reasons people don’t get professional financial advice — they may worry about the cost, or feel like they don’t have enough money to warrant formal planning.
If you are thinking about getting some expert advice, here are some things to consider.
When you reach your 40s, most likely your responsibilities have increased significantly. With that in mind, it’s more important than ever to figure out how to allocate your hard-earned dollars. To manage day-to-day expenses and accomplish your longer-term financial goals, you’ll need a plan you can live with and adjust it to your changing needs.