Archive for March, 2011

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How to profit from an empty nest

March 29th, 2011 John Evans

Empty nesters have the ability to save significantly once their children are grown and leave the home. However, a Nov. 2010 study by the Center for Retirement Research at Boston College revealed that once children become independent, parents decide to “give themselves a break” from saving and spend about $2,000 more a year per person […]

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Are you ready for retirement?

March 29th, 2011 John Evans

People who are getting ready to wrap up their careers and leave the working world often refer to retirement as “a new chapter” or “the next act” in their lives – and rightly so. As a pre-retiree, you may have even used those analogies yourself. But do you also realize that it’s possible to play […]

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Tying the knot – 9 financial tips for newlyweds

March 29th, 2011 madmin

Financial adjustments for newlyweds are seldom easy because both you and your partner have been accustomed to making money decisions on your own. Addressing personal finance and investment issues together will help you plan for your future as a married couple and allow you to address any potential issues before they become serious problems. We’ve […]

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Just had a baby? 6 financial considerations for new parents

March 29th, 2011 John Evans

You’ve seen the numbers, and there’s no getting around it. Having a baby is expensive. But like any other major life change, planning ahead will make the process a lot easier. We’ve put together some key financial tips and consideration for new parents. While this list is by no means complete, it can serve as […]

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What is a 401(k) and how does it work?

March 29th, 2011 John Evans

When you’re starting out, one of the most important things you can do for your financial future is to start investing in a 401(k) retirement plan. It may seem counterintuitive to start saving for your retirement when you’re at the beginning of your professional life. Nonetheless, if you opt out of this savings opportunity you […]

Spring cleaning

Spring cleaning – put your financial house in order

March 28th, 2011 Mike Roozeboom

As winter draws to a close, and you file away your forms and schedules at the end of the tax season, it’s a good time to take a closer look at your finances and tidy up where needed. Here’s a checklist of key considerations to help you get started. Lay a balanced investment groundwork* Does […]

Couples guide to retirement

Yours, mine and ours – a couple’s guide to retirement planning

March 28th, 2011 Dick Ockerlander

If you’re entering your retirement years with a spouse or partner, planning is critical. As a couple, your combined retirement assets are not just limited to what you may have accumulated in your current employers’ retirement plans. You also need to consider any older accounts that are still sitting in former employers’ plans or assets […]

Understanding minimum distribution rules

March 28th, 2011 Kevin Mote

If you’re approaching retirement, you’ll eventually need to make serious decisions about when to begin taking withdrawals (known as distributions) from your retirement accounts, how to receive the money and how to calculate the taxes you’ll owe.* Fortunately, the rules governing required minimum distributions (RMDs) have been simplified in recent years. Nonetheless, you should exercise […]

Mid-life asset building

Midlife investing – make the most of your asset-building years

March 28th, 2011 Lee Curry

As you move through your peak earning years, you’ll probably see your net worth steadily rise. At the same time, you’ll still have some work to do before you realize your financial goals. That’s why it’s important to have a solid plan in place. We’ve put together some tips to help keep your portfolio on […]