Archive for October, 2011

The difference between banks and credit unions

October 31st, 2011 Nick Pfeiffer

Terms like bank and credit union are used interchangeably by most people these days. However, there are some distinct – and significant – differences between these types of financial institutions, including business purpose, ownership and governance. We’ve summarized some of the key differences for you: Banks Banks are by far the most popular financial institutions. […]

9 tips to prevent identity theft

October 17th, 2011 Sue Armbrecht

Identity theft is one of the fastest-growing types of financial fraud. Without even touching your wallet, a thief can steal your financial identity with as little information as your Social Security number. To help raise awareness about this growing issue, the National Foundation for Credit Counseling proclaimed Oct. 16-22 “National Protect Your Identity Week.” To […]

How to set a retirement budget

October 14th, 2011 madmin

This material was prepared for Lee Curry, LPL Financial Advisor, use. If you’re approaching retirement, you’ve probably had several meetings with your financial advisor, toyed with some online retirement calculators and possibly even mapped out some planning documents. Despite all this, you’ve probably also wondered whether you really do have enough savings to retire. Creating […]

Pay off mortgage early or invest?

October 7th, 2011 Jayne Sandler

As you begin to count down the years (or months) to retirement, you may be one of the many people who wonder if you should just knock off the remainder of your mortgage balance so you can live debt free. This is a question many empty nesters struggle with: Should you pay off your mortgage […]