Don’t Let Past Money Mistakes Dictate Your Future
Have you ever wish you could go back in time for do-over? If you were suddenly twenty or thirty years younger, what would you do? What would you change?
Persistent Inflation Continues to Cause Pain for Americans
The survey also found that 65% of respondents said that high prices have made their financial situations worse, while just 34% said their family’s monthly income has risen in the past year. Rental costs in particular are proving to be particularly challenging for households, with almost one in five saying that they fell behind on rent at some point in 2023 – up from 17% the previous year.
So, just when will this period of high inflation end, we all want to know? Well, this week let’s dig into what’s going on with inflation and when we might expect some relief.
Adulting 101 – Money Matters for Life After College
ou know, learning and implementing good money habits is one of the best investments you can make for your future self. But oddly enough, there’s a real lack of information geared towards the younger generations, and millennials in general.
Are You Always Broke? Maybe This Is Why
Are you one of those folks who always works hard and saves regularly, yet still feel like you can’t get ahead? Maybe you have a decent salary and good benefits, and you try and stick to your budget as much as you can – but you feel like the prospect of retirement is worlds away?
A Financial Option for Overachievers
Have you ever thought about what would happen if you were to save too much money for retirement? Folks, it’s a real thing. If you’re one of those rare, disciplined savers who lives a modest life, you may find that you actually have more than you’ll ever need in retirement, maybe lots more.
How to Limit Your RMDs
This week, I’d like to offer four strategies that can help you limit your RMDs if you find you don’t need – or want – the additional income. One straightforward answer is to simply keep working.
Younger Americans Actually Want to Have These Tough Conversations
Given the significant wealth transfer expected to pass between generations in the coming decade, (Boomers are estimated to have a whopping $30 trillion in wealth coming to their loved ones!), these conversations are coming at a crucial time.
My Advice for College Grads
Ah, graduation season is upon us! College grads from all over the country are seeing their hard work rewarded with the coveted degree. Whether is an associate, bachelor’s or an advanced degree, all signal a significant accomplishment. But as soon as the celebration wears off, and perhaps they’ve taken some time off to decompress over the summer, these graduates will be getting their first taste of the professional job market. For most, they will be faced with a new level of financial independence and responsibility to adjust to.
Artificial Intelligence – An Incomplete Plan
In theory, AI is an amazing concept that has the potential to improve lives in so many ways. But what about its use in the investment world? Is it the latest and greatest idea for revolutionizing the financial world? I say no, for a variety of reasons. And this week I’d like to dig a little deeper into AI’s benefits as well as its drawback when it comes to your finances.
The CFG Landscape Crew Wants to be Millionaires
most Americans are behind on this lofty goal. In fact, according to Federal Reserve Survey of Consumer Finances, a mere 10% of Americans have saved a million or more for retirement. Just how far off are they? Quite a bit.
