News

18
Nov

5 Ways to Create a Steady Retirement Income Stream

Creating a steady retirement income stream is vital for independence and a fulfilling post-work life. While several retirement income strategies exist, not all provide the confidence necessary for this stage of life. This article outlines five well-known retirement income streams that may provide retirees with a consistent source of income from early retirement throughout their lives.

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11
Nov

How to Protect Your Retirement Savings from Unexpected Healthcare Costs

One of the major concerns people have when planning their retirement is how to protect their retirement savings from unforeseen medical expenses. Healthcare costs have steadily risen, but adequate planning can help maintain these costs in retirement. This article outlines a few strategies to help shield retirement savings from unexpected healthcare costs.

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4
Nov

The Interplay between Family Literacy Day and Legacy Planning

National Family Literacy Day is celebrated annually on November 1st. It was established to encourage families to partake in financial literacy-related activities together. It underlines the family’s vital role in nurturing their children’s financial literacy skills from childhood through adulthood.

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28
Oct

Annuities 101: Benefits of Annuities and Their Drawbacks

Annuities, insurance products issued by insurance companies, are often recommended by insurance and financial professionals to investors. They are designed to provide a steady income stream in retirement. While there are benefits of annuities, they also have drawbacks that investors should consider.

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21
Oct

Proposed 2025 Changes to Social Security

In recent years, there has been ongoing discussion and debate about potential changes to the Social Security system in the United States. This year is the same as the Social Security Administration, which is considering numerous changes for 2025.

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14
Oct

7 Ways to Celebrate Financial Planning Month

October is recognized as Financial Planning Month, an annual event dedicated to planning for an independent financial future. Whether you’re a novice or knowledgeable in finance, assessing your finances and goals is always beneficial.

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7
Oct

5 Tips for Financial Independence in Retirement

Many people are concerned about financial independence as they approach retirement. Whether you’re a decade away from retirement or it’s near, there is no better time to implement these five tips than now.

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26
Aug

5 Tips to Save Money During Back-to-School Season

The back-to-school season can be an expensive affair for families. Purchasing new backpacks, school supplies, clothes, and other necessities can significantly dent the family budget. However, you can effectively navigate this potentially costly period by implementing strategic planning and a few money-saving tactics while covering all your children’s needs. Here are five tips to save money during the back-to-school season.

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19
Aug

7 Smart Strategies to Pay Off Your Mortgage Ahead of Schedule

You as a homeowner may strive to pay off your mortgage ahead of schedule. This goal gives them the confidence that comes with owning their home outright and can save them significant money in interest payments over the long term. Here are seven smart strategies to work toward this goal.

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12
Aug

Planning for the Future: Estate Planning for Young Families

Traditionally associated with older people or wealthy families, estate planning may seem like something not for young families. However, it is an essential financial strategy that every young family should consider. Early planning can provide financial independence and security for your loved ones, ensuring that your assets and possessions are distributed according to your wishes after death.

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