Studies show that most Americans don’t have a Will

A Will is the most common and basic estate planning document there is. Its function is to allow someone to give instructions on what to do with their possessions after they pass away. For decades, the portion of Americans who have a Will has steadily declined. A recurring Gallup poll shows that in 2020 just… [Continue]

7 Ways to Stay on Track and Meet Your Retirement Goals

Are you on track to retire comfortably? What are your financial goals? How much income will you need to generate each month when you have retired? What might be some of your longer-term goals outside the financial arena, but goals that would be aided by a larger pool of savings? Our regular check-ins are designed… [Continue]

5 Reasons Why You Should Sell Your Car Today (And 1 Reason Not To)

Have you looked at auto prices lately? If you have, you may have noticed that most car lots have a pretty low inventory. Not only that but what can be found tends to have a much heftier price tag than what you may be used to seeing. The auto industry has been on a roller… [Continue]

Inherited IRAs and What to Do With Them

IRA Basics The Individual Retirement Account, or IRA, may be one of the best tools the average investor has to build wealth in a tax and cost-efficient manner. An IRA gives the investor a tax break when they contribute to it. Put one dollar in an IRA and you reduce your taxable income by one… [Continue]

Is a 529 College Savings Plan Right for You?

If you have kids or grandkids running around, one thought that might have crossed your mind is paying for their college education. After all, education is an important factor in their long-term success and stability. It is also increasingly expensive. The National Center for Education Statistics reports that the cost of college has increased from… [Continue]

The 5 Fundamentals of Financial Fitness

Some things are fundamental. They are the basic skills and habits that should be mastered before moving on to more complex things. Every doctor will promote a well-balanced diet and exercise as part of the fundamentals for healthy living. Eating well and a consistent exercise program can go a long way towards reducing or eliminating… [Continue]