The winds of financial change blew strong in America during 2007 and 2008 as our economy experienced its most severe decline since the Great Depression, brought on by something as simple and beneficial as home […]
More than 20 million Americans currently participate in 401(k) plans through their employers with an average account balance around $30,000. These pension plans can help to provide security for a comfortable retirement. It’s important to understand, however, the tax implications of these pension plans when you decide to change employers or perhaps are a victim of corporate downsizing. If you’re a plan participant there are several alternatives available to you. […]
By Craig Watson Don’t let this financial scenario happen to you…Paula was an 80-year-old woman in average health. Paula had a daughter named Jackie who was divorced, unemployed, and needed a place to live while […]
By Sue Bogoevska Every parent and grandparent wants the best financial experience for their children and grandchildren. The hope is to pass along the wisdom of their experience, so that their offspring avoid pitfalls and […]
James Thurber, American author and cartoonist, said, “There is no safety in numbers, or anything else.” Yet many investors hold large allocations in cash or cash alternatives without realizing the risk involved. By focusing on keeping their money absolutely secure, they may compromise long-term financial goals, forfeiting potential earnings and losing opportunities. […]
When 80-year-old Peter’s family looked into his assets after he died, they were shocked to discover he only had $4,000 left. Where had his money gone? They knew he’d had a good-sized nest egg when he retired, and they assumed he was in good shape. Peter was not a wild spender in his later years, so they were doubly surprised. How could this have happened? […]
Copyright © 2024 | MH Magazine WordPress Theme by MH Themes