Managing Money

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…

Working from home can be a mixed blessing for those of us old enough to have finally finished with putting on those high heels every day and going in to the office (or shop, or wherever) to work. Maybe you like not having to get dressed up, being able…

Were you “let go” – or fired or displaced – after 50? Does it even matter what they called it? Well… yes and no. There are several differences between being “let go,” being fired, or even being displaced. For instance, there could be severance pay…

Charitable giving often conjures up images of the uber-wealthy creating foundations and complex trusts. While this is certainly true, a lot of people without millions regularly give money to the causes they support. It is also important…