What Is A 529 College Savings Plan?

What Is A 529 College Savings Plan?

It’s no secret that college is expensive. According to the Capital Group, the average cost of a four-year degree from a public in-state school is currently $81,737. In 2041, the cost is estimated to more than double, amounting up to $187,344.  A 529 college...
Key to Managing Money in Retirement

Key to Managing Money in Retirement

We all know how the story goes: we work hard for 40 years, contribute to our 401(K), invest, budget, and everything in between. But what happens after we retire? The rules of money management shift in retirement, so it’s important to be prepared. Rather than focusing...
3 Strategies for Estate Planning

3 Strategies for Estate Planning

As we stated in our previous blog post, financial planning and estate planning go hand-in-hand. Estate planning can help you manage your financial and personal affairs. It allows you to evaluate your assets and consider what is going to happen to those assets when you...
Retirement Annuities: Pros and Cons

Retirement Annuities: Pros and Cons

Retirement annuities are insurance contracts between the owner of the annuity and the financial institutions issuing it. You can purchase these contracts with monthly premiums or lump-sum payments. From there, those invested funds grow over time in what we refer to as...
Four Basic Facts to Know About IRAs

Four Basic Facts to Know About IRAs

When working in the corporate world, it’s easy to leave your retirement income planning in the trusting hands of your employer. But perhaps you are looking for an opportunity to take a bigger stake in investing in your future. Or perhaps you are a small business-owner...