savings

Save more money

Use This Simple Mental Trick To Save More Money

Americans like to spend. Nearly half of us are saving no more than 5 percent of our incomes, while 18 percent are saving nothing at all, according to a new report. The average American family savings account balance is $3,950, 40% of working Americans are not saving at all for retirement and 25% have no […]
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Top Investment Rules For Retirement

With people living longer and the future of Social Security uncertain, setting up a financial plan and investing in a retirement account is crucial for financial independence. Here are three top investment rules for retirement to follow when investing in an IRA, 401(k), 403(b) or any other qualified retirement account. Rule 1: Invest some of […]
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Secrets Of The Wealthy, Part 1

The No. 1 financial goal that I hear from people is that they want to be financially independent. They don’t want to worry about money when they are retired. They want to pursue their dreams and passions. They don’t want to be overly dependent on family or other entities for money. Many spend a lifetime […]
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Are You Saving Enough For Retirement?

According to a recent report, the typical American family only has “a few thousand dollars” saved for retirement. The median savings for those 10 years away from retirement is $12,000, with one-third of them having no savings at all. Currently, there are 38 million working-age households that do not have any retirement assets. Given that […]
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America’s Retirement Crisis, Part I

America is facing a serious retirement crisis: Many Americans are not confident that they will be able to enjoy a comfortable retirement, and many retirees face longevity risk or the danger of outliving their life savings. The 2008-2009 economic downturn drastically changed the financial landscape and caused significant shifts in the way that many Americans […]
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A Good Time For Tax Planning

As the end of 2012 approaches, we know you are busy with holidays, family, and travel, but it is also a good time to do some last minute tax planning. Currently, a significant number of tax breaks, collectively known as the Bush-era tax cuts, are due to expire on Dec. 31, meaning taxpayers could have […]
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Taking Full Advantage Of A 401(k)

401(k) retirement plans were first introduced by Congress in 1978. The name comes from the section (401) and paragraph(k) of the Internal Revenue Code. The retirement plans were created to encourage Americans to save more for retirement. Here are some tips and information to take full advantage of the benefits of a 401(k): 401(k) plans […]
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Which Life Insurance Is For You?

Benjamin Franklin once said “Certainty? In this world nothing is certain but death and taxes.” Although one cannot control death, one can control how to protect loved ones through life insurance. The proper amount of life insurance will ensure that they will have enough money to pay down debts, replace the loss of income and […]
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