Managing Money

As 2021 comes to an end, it’s an excellent time to review your finances for any tax moves that might benefit you. This time of year might be busy with seasonal events and other deadlines, but some opportunities come with an expiration date…

You may have heard the acronym K.I.S.S. which stands for Keep It Super Simple (or is it Keep It Simple Stupid?). Simplifying, decluttering, downsizing, uncomplicating (is that a word!?!) are all referring to great advice, in my opinion, to clarify the situation…

These days it is not uncommon to make a career change mid-life. Many people in their 50s – and even into their 60s – are asking themselves, “What do I want to be when I grow up?” The numbers of those 60+ having to continue…

IRAs, or individual retirement accounts, are tax-deferred investment accounts. You can either fund them directly, assuming you otherwise qualify, or use them to rollover 401k/403b funds. For this reason, these accounts…

In October, National Estate Planning Awareness Month, I spoke with an estate planning attorney, Amanda Pyper Ruiz at Same Day Wills, who shared some great tips and things to think about when considering the will vs trust question…

When it comes to your finances and investments, sometimes it makes sense to keep things relatively uninteresting. That’s not to say you can’t pursue some entertainment and growth with a portion of your holdings. Still, it’s wise to consider the potential risks…

With a life settlement you sell your life insurance for cash that can be used and enjoyed while you’re alive. Most people misunderstand and misrepresent life settlements. By relying on incorrect information, you could hinder your ability to pursue…

You have spent years learning about how to “save” for retirement. Save first, spend later. Dollar Cost Averaging. Asset allocation and rebalancing. In the United States, you have put money into your IRA, or your employer…

We all know that men think differently, and this includes all areas of life. Including money. Here’s a real life example: Jack and Sarah went in to see their banker. Jack stated that he wanted the mortgage paid off in five years and asked…

Many people are working well beyond the traditional retirement age, partly out of necessity and partly because they still want to contribute and are not ready to retire. Whether you’ve been laid off, you’re retired and looking…