It’s no surprise that many people who inherit millions of dollars are uncertain about what to do with their newfound wealth. The possibilities of becoming a multimillionaire overnight can be overwhelming, especially during a period when most are grieving the loss of a parent or other loved one. I often work with people in many …
Effective retirement planning reaches beyond investments and the numbers related to various accounts a person owns. First, it’s about understanding the scope of one’s future financial needs and goals. And from that framework, it’s about putting all areas of the plan together so that they complement one another and function as an integrated whole. Sometimes …
Why a Good Retirement Plan Isn’t Separate Pieces, But a Holistic Strategy Read More »
Is it true that many young professionals don’t know how to save money? I recently had dinner with an old college friend. I was expecting to catch up on friends, family and our careers, but it was clear he wanted some basic financial information. Knowing I advise young professionals on their finances, he zeroed in …
Having Trouble Saving Money? 3 Tips for Young Professionals Read More »
A lot of retirement guidance I have read lately continues to treat baby boomers the same as the rest of the investor public. Even after the first six months of 2022, when the traditional 60/40 stock/bond portfolio sank more than 20%. I may not dispute the traditional approach for investors who are 25, 35 or …
Investing for Retirement Income Is Different – Rethink 60/40 Rule Read More »
Planning for retirement isn’t easy. The key to planning is to reduce the probabilistic aspects of your retirement and to effectively manage the other risks. Importantly, that process is very personal. For my next four articles, I’m going to give you the following retirement planning lessons based on what we at Go2Income (opens in new …
Six months in and 2022 is shaping up to be a year of uncertainty and worry for Americans when it comes their personal finances. Money issues from the end of 2021 like rising inflation followed people into the first quarter of 2022. Then, in the second quarter, inflation climbed to 40-year highs while housing prices …
Managing your personal finances involves managing both short- and long-term aspects of your finances. It also refers to an industry that offers products and services to help individuals manage their finances and investments. But, if you’re new to personal finance, all that may not mean much to you. So, let’s explain why personal finance is …
Personal finance company Achieve has launched a new suite of offerings this month that is designed to get people on a better financial path, moving them from a position of financial struggle to one that is financially thriving, according to a press release Thursday (Sept. 22). Achieve is combining innovative technology with a relationship-driven approach, …
Exhausted workers in education, healthcare and the railroad industry are pushing back after months of staffing shortfalls September 16, 2022 at 4:34 pm EDT Striking nurses demonstrate for better working conditions on the public sidewalks outside Riverside Hospital on Sept. 13 in Minneapolis. (Annabelle Marcovici for The Washington Post) The US economy came within hours …
Worker shortages in education, healthcare and rail jobs are fueling labor crises Read More »
NASA is asking private industry to come up with ideas for another astronaut moon lander. The space agency is working to establish a long-term human presence on and around the moon by the end of the 2020s, via a program called Artemis. In 2021, NASA announced that it had selected SpaceX’s Starship as the lander …
NASA requests proposals for 2nd Artemis moon lander Read More »
