The sharing economy has re-configured the way we operate and live. Thanks to smart phones, virtually any need can be met instantly with the click of a mobile app. These sharing apps provide seemingly endless possibilities for consumers to unite and collectively utilize their resources, skills, … [Read more...]
How Much Income Should I Set Aside Monthly?
Planning for the future - and for the unexpected - requires long-term preparation. How much money do you need to set aside for your retirement? What about for emergencies such as home and car repairs, medical bills, or job loss? If you get a head start by saving in your early 20s, … [Read more...]
Women and Financial Advisors
Staying in control of your finances is one of the most important and difficult responsibilities for most adults. The results, then, when Forbes Insights and Northwestern Mutual surveyed a group of women regarding how their confidence correlates to their finances, were not surprising. The survey … [Read more...]
Investment Advisors Report a New Generation of Skeptics
Millennials have been scarred by the 2008 financial crisis, difficulty finding work out of college, and managing substantial student debt. Many also witnessed their parents struggle with job and financial security during this time as well. What’s the product of a generation that faces this … [Read more...]
Make the Most Out of Your Tax Refund
A tax refund is not a bonus, but people often treat it that way. In reality, your tax refund is a reimbursement from the government for withholding too much of your income. The average federal tax refund this year will exceed $3,000. Before making a reservation at the nicest restaurant … [Read more...]
Millennial Millionaires? A Financial Advisor Could Help You Join The Ranks.
Millennials, or young adults under the age of 35, may not feel they’re on a career trajectory toward becoming a millionaire. However, with careful planning and advising, many millenials can obtain this goal and set aside a comfy nest egg for adulthood and retirement. The key is … [Read more...]
Retirement Income Payment Plans – Choose Wisely
If you are getting ready to retire, you may find yourself faced with the question of how you should receive income payments – in increments or all at once. Most people end up choosing steady payments, or "life annuity". Having that steady income can make for less stress than taking a big lump … [Read more...]
Retirement Planning: Don’t delay, start now.
These days, retirement looks nothing like it did generations ago. This means that retirement planning has evolved as well. Long gone are the days of guaranteed pensions and health insurance for life. With growing health consciousness and longer life expectancies, your retirement dollars have to … [Read more...]
Foreign Direct Investment Expected to Grow
According to the United Nations’ annual World Investment Report, published by the organization’s economic think tank UNCTAD, global foreign direct investment will rise 12.5 percent to $1.62 trillion this year as the economic recovery tempts China, private equity and big companies. The UN has … [Read more...]