Your Year-End Financial Checklist

Your Year-End Financial Checklist

Seven aspects of your financial life to review as the year draws to a close. 

End of the Year Money Moves (& 7 Questions You Should Know the Answers To)

End of the Year Money Moves (& 7 Questions You Should Know the Answers To)

Here are 7 questions you should ask yourself.  Even if your 2016 has been relatively uneventful, the end of the year is still a good time to get cracking and see where you can plan to save some taxes and/or build a little more wealth.

Annual Financial To-Do List

What financial, business or life priorities do you need to address for 2014? Now is a good time to think about the investing, saving or budgeting methods you could employ toward specific objectives. Some year-end financial moves may prove crucial to the pursuit of those goals as well.

What Women Should Not Retire Without

When our parents retired, living to 75 amounted to a nice long life and Social Security was often supplemented by a pension. How different things are today!  The good news is that life expectancy for women – as measured by the Centers for Disease Control – is now 81.1 years. The Social Security Administration estimates that the average 65-year-old woman today will live to age 86.  Given these projections, it appears that a retirement of 20 years or longer might be in your future.

Women Need to Take Charge of Their Money

Women Need to Take Charge of Their Money

Many women are in charge of their financial lives, and proudly so. Some have become their own financial captains as a result of life events; others have always steered their own ships. Even so, there are too many women who are left out of financial decision making – some by their own choice.

Understanding the Markets

Understanding the Markets

If you stopped most people on the street, you’ll find they have only a hazy understanding of what most financial and economic terms signify or reference. If you’ve ever been left dizzy by the jargon of the financial world, here is a brief article that may help clarify some of the arcana.

The Right Beneficiary

Here’s a simple financial question: who is the beneficiary of your IRA? How about your 401(k), life insurance policy, or annuity? You may be able to answer such a question quickly and easily. Or you may be saying, “You know … I’m not totally sure.” Whatever your answer, it is smart to periodically review your beneficiary designations

Annual Financial To-Do List

What financial, business or life priorities do you need to address for 2013? Now is a good time to think about the investing, saving or budgeting methods you could employ toward specific objectives. Some year-end financial moves may prove crucial to the pursuit of those goals as well.

Major Risks to Family Wealth

All too often, family wealth fails to last. One generation builds a business – or even a fortune – and it is lost in ensuing decades. Why does it happen, again and again? It is because families fall prey to serious money blunders – old and new. Classic mistakes are made, and changing times aren’t recognized.

Looking at the New Estate Tax Laws

With 2013 approaching, many families and their financial, tax and legal consultants are weighing major estate planning decisions. A short-term window of opportunity may be closing. The relatively low estate tax rates we have now may soon disappear, along with one of the largest federal tax breaks available in decades.

The Retirement Reality Check

Decades ago, there was a popular book entitled What They Don’t Teach You at Harvard Business School. Perhaps someday, another book will appear to discuss certain aspects of the retirement experience that go unrecognized - the “fine print”, if you will. Here are some little things that can be frequently overlooked.