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.
Women and Retirement
For a variety of reasons, many women already feel they are behind when it comes to being financially prepared for retirement. There are many ways their financial lives can be thrown off-track during their working years that can affect their retirement security.
Will Americans Suffer the Cost of Bank Failures?
Before 2023, we hadn’t experienced a bank failure since 2020, during the Covid pandemic, so this might make you wonder just what in the heck is going on with these banks? And how can I possibly protect my money if even our banks can fail?
Weighing The Costs of ESG Investing 2
ESG stands for Environmental, Social and Governance and refers to the three key factors when measuring the sustainability and ethical impact of an investment in a business or company.
A growing number of individual investors are also starting to evaluate companies using ESG criteria to screen their own investments as a way to support their personal social agenda.
The Magic Number for Retirement – Is It a Myth?
While I understand the simplicity of having a savings number that you’re striving for, but this can’t be your only savings goal. Once you stop working, that paycheck stops coming in and you need to rely on your savings to produce the income you need to live.