14 Ways to Survive the Holidays Without Breaking the Bank

Anyone who knows me well is aware of the fact that I go a little overboard during the holidays. I overload on movies like Elf, A Muppets Christmas Carol, and A Christmas Story. I have the Pandora Holiday station churning out one-hit wonders, and old standards. It is also not uncommon to see my best… Read More

Sustainable Withdrawal Rates – Part 2

As mentioned in part I: Sustainable Withdrawal Rates, estimating the correct amount to withdraw from your retirement savings is critical in ensuring you make your investments last for your entire life as well as your spouses. Part II focuses on the various techniques that can be employed to minimize the risk associated with outliving your… Read More

Sustainable Withdrawal Rates – Part 1

You’ve worked hard your entire life and you’ve saved diligently to make sure you’d have financial freedom in retirement. Now that you are either in retirement or getting close to it, you need to make sure your finances, i.e. what you have in your retirement portfolio, lasts the rest of your life and possibly that… Read More

How to Buy Long-Term Care Insurance

Kiplinger.com

reposted from Kiplinger.comby: Kimberly LankfordFrom Kiplinger’s Personal Finance, November 2014   Mackey McNeill, a CPA and personal financial specialist in Bellevue, Ky., talks with clients in their fifties and early sixties about protecting their retirement savings from potential long-term-care expenses—which currently average more than $85,000 a year for a private room in a nursing home. But when McNeill turned… Read More

Yes, you should dump him because of his poor credit score

SheKnows.com

reposted from SheKnows.comby Mary McCoy When I was in my early 20s, I fell in love with a guy who had an abysmal credit score. He was open about it, and I was willing to give him a chance. After all, love conquers all, right? Right, until he stole my social security number and financial… Read More

U.S. Census Bureau Issues Report on Health Insurance Coverage in 2013

A report from Broadridge Forefield, September 24th, 2014

According to the latest Census Bureau report, the estimated U.S. population for the 2013 survey was 313.4 million compared to 311.1 million in 2012, yet the total percentage of uninsured dropped from 15.4% in 2012 to 13.4% in 2013.   The U.S. Census Bureau recently released its report, Health Insurance Coverage in the United States:… Read More

My Kid is Going to Cost Me How Much!?

Time for a Financial Plan

News flash …. HOT off the press …. And one that falls squarely into the laps of the Gen Y / Millennial generation!!   Last week, the United States Department of Agriculture released its’ annual report that details the cost to raise a child from birth to the age of 18.  YIKES!!  This report doesn’t… Read More

Having Kids – Budgeting for a Baby

Part 2 of a 5 part blog series

This is a five part blog series focused on the financial aspects of having children.  Specifically, the issues one should consider prior to bringing a child into a family.  This is part two, Budgeting for Baby. To read the first, Having the “Serious” Talk, click here.  The last three blogs will be published at one… Read More

What is myRA?

New savings program for low- and middle-income families

Workplace savings plans survive the test of time   Work place savings plans, such as the 401(k) and 403(b), have proven to be highly successful in providing the best way for American workers to save for retirement.  They offer informative, cost effective means for employees to easily have money deducted from their pay on a… Read More

5 Keys to Smart Investing

Making decisions about your retirement account can seem overwhelming, especially if you feel unsure about your knowledge of investments.  However, the following basic rules can help you make smarter choices regardless of whether you have some investing experience or are just getting started.    Don’t lose ground to inflation It’s easy to see how inflation… Read More