by tomasetti | Oct 4, 2022 | Uncategorized
October is National Financial Planning Month and National Retirement Security Month. Recently, the Financial Planning Association (FPA) found that only 25% of people passed a “retirement income literacy quiz.” They write that this shows “a lack of retirement income...
by tomasetti | Sep 1, 2022 | Uncategorized
If you ever read financial advice on the internet, you’ll might get a lot of contradicting information. Save for retirement, but pay down your credit card bill. Pay off your student loans, but save for an emergency fund. Buying a home is a great investment, but...
by tomasetti | Aug 10, 2022 | Uncategorized
If you have any type of financial account, you should have designated a beneficiary to that account at some point. This might be when you set up a 401(k) at a job, start an IRA, or open a bank account. However, the reality is that we often forget who we’ve set up as a...
by tomasetti | Jul 18, 2022 | Uncategorized
The whole financial industry might sound like a song on repeat right now. Yes, the markets are down, and yes, it is going to be OK. In the spring, I wrote to my clients about how the war in Ukraine didn’t foretell a market downturn. But then it combined with higher...
by tomasetti | Jun 3, 2022 | Uncategorized
Over the course of the pandemic, people have switched employers, left their jobs for retirement, and even returned to work from retirement. When it comes to retirement planning, this can make things a little complicated. You may have had a 401(k) at your previous job...
by tomasetti | May 9, 2022 | Uncategorized
We always have retirement planning and savings on our minds at Montgomery Financial Partners. Lately, the federal and Maryland state governments have been thinking about it as well. In a CNBC report from last fall, only 41% of Americans felt they would be financially...
Recent Comments