10 Money Moves to Make in Your 70s

When you reach your 70s, life slows down a little. You may be planning to retire, or already living in retirement. Whatever your situation, there are ways to make your 70s more enjoyable and stress free, especially when it comes to managing your finances. If you still choose to work in some capacity, or simply want to enjoy your leisure time and hobbies, here are some tips to help you live the retirement you want.

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10 Money Moves to Make in Your 40s

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.

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Ask the Advisor: Rules of Thumb to Save for Your Future

By Aaron Handfield

About the Advisor

Aaron Handfield has more than 14 years of insurance and financial planning experience, including four years of financial planning at JP Morgan and Edward Jones Investments. He is a registered and licensed investment and retirement planning professional and is registered to sell securities. He also holds a California Life/Health Insurance License.

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Ask the Advisor: Ways to Stick with Your 2020 Resolutions

by Kathryn Hackney

For more than 30 years, Kathryn has been helping people work toward their financial goals. She takes pride in  providing Members with an objective review of their current situation and helping them create long term goals. Kathryn likes to remind Members that retirement planning doesn’t end at retirement. “Members often think that once they retire things will take care of themselves,” she says. “There are a lot of opportunities that retirement presents for managing your retirement savings. Working with Members to make sure they are getting the most out of their plans is something I really enjoy.”

Kathryn is a fully registered financial advisor and licensed insurance agent. When she’s not working with Members, Kathryn loves to get outside, bike riding and spending time with her family and friends.

 

A new year typically brings new challenges. Maybe you have some financial resolutions you’re already working on. But what are the best ways to help you stick with them so your circumstances change for the better — permanently?

Here are some money moves that can help you stay on track this year.

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Ask the Advisor: Which Takes Priority, Retirement or College?

By Jason Persinger

Since 2012, Jason has enjoyed sharing the SchoolsFirst FCU difference, offering objective and caring advice, tailored financial plans and a highly competitive fee structure for investment products. Jason holds the designations of CFP®, ChFC® and CLU®, and is registered to sell securities and holds a California Life/Health Insurance License.

Portrait Of Family Sitting On Steps Outside Home

Like most people, you probably have many financial goals you’d like to accomplish. If you have children, helping them pay for college may top the list. Continue reading

Tapping Your Retirement to Buy a Home

If you’re planning to buy a home, you may be worried if you’ll have enough money saved for a down payment. You’ve probably heard that you can use retirement funds to help, but it’s important to know the restrictions, or you could be stuck paying penalties and taxes. And even though a home can be a great investment, taking out retirement funds early could hurt your long-term security.

Here’s what you should know before you make any financial moves.

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Ask the Advisor: Should I Contribute to an IRA?

Sander+Tom

Sander Tom is a Financial Advisor and Certified Financial Planner™ with more than 30 years of experience in the financial services industry; more than 15 of those with SchoolsFirst FCU. Over this time, he has developed a deep understanding of investing and its powerful impact on a person’s life. 

Should I consider an IRA?

An Individual Retirement Account — or IRA — allows anyone with earned income to save for retirement. That’s why it’s a great option to start saving for your future, especially if you don’t have an employer-sponsored retirement plan through your job. Also, if you’re self-employed, you can use an IRA to create a retirement plan. In addition, there are special rules that may allow a stay-at-home spouse to contribute to an IRA. Continue reading

Tips to Save for Emergencies and Your Future

If you feel like you could do more to improve your saving and investing habits, or don’t know how to get started, here are some tips that can help. Financial experts agree that there are two important things to focus on: start and contribute regularly to an emergency fund, and contribute at least 10% of your paycheck to a retirement account.

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