Why Have An Estate Plan?

Why Have An Estate Plan?

A recent study showed that in today's economy, more and more people see estate planning as "discretionary" - something that can be put off until times are better. Unfortunately, disaster doesn't know the difference between a bullish or bearish stock market, an employed versus unemployed person, or a younger individual versus an older individual. Simply put, the benefits of having a current, up-to-date estate plan far outweigh what happens if you don’t. Let's start with addressing what an estate plan does. An estate plan helps to document your preferences and instructions with regard to your financial affairs and more in

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5 Reasons to Meet a Financial Advisor

5 Reasons to Meet a Financial Advisor

5 Reasons to Meet a Financial Advisor Are you planning and preparing for your retirement?  If you are, you may have some questions.  After all, soon-to-be retirees want and should have all of their bases covered.  Of course, you can find retirement advice online or seek answers from those you know.  There are, however, a number of benefits to meeting with a professional financial advisor.  In fact, five reasons why are outlined below. 5 Reasons to Meet a Financial Advisor 1 - Knowledge and Expertise While anyone can claim to be a financial advisor, a small amount of research or recommendations

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7 Retirement Questions Everybody Needs to Ask

7 Retirement Questions Everybody Needs to Ask Retirement planning has been traditionally provided in one dimension, with a focus on financial matters only. But increases in longevity, and ongoing uncertainties about being able to fund your own retirement, require a whole new way of planning for retirement. A new multi-dimensional way of planning for retirement is required which not only addresses post-retirement risks, but also matters of the heart that help you live a happy and purposeful life.  7 Retirement Questions Everybody Needs to Ask 1. Purposeful Life If you have led a busy working life as an employee or

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Reverse Mortgages Winning New Support

Reverse Mortgages Winning New Support Thanks to various program changes in recent years, reverse mortgages have been winning over everyone from financial advisors to community banks and the mainstream press, and even one nationally recognized personal finance commentator who has recently changed her view on the product. Reverse Mortgages Winning New Support Few personal finance writers as widely read as Jane Bryant Quinn. For 30 years, she published a biweekly column for Newsweek magazine, and for 27 years she published a twice-weekly column that was syndicated by The Washington Post Writers Group to more than 250 newspapers. Quinn has also written columns for Bloomberg.com and has

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5 Smart Moves to Make When Near Retirement

5 Smart Moves to Make When Near Retirement When you're in your 20s, you tend to work hard and play hard. But as you get older and settle down, you may find yourself thinking more about the future and trying to keep everything you've worked for, rather than scrambling to build wealth. 5 Smart Moves to Make When Near Retirement As your attitudes and priorities shift, your investment strategy should evolve with them. So here are some smart moves to make as you inch closer to retirement.1. Max out your 401(k) contributions While the money you contribute to a 401(k)

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