Social Security was originally intended to provide older Americans with continuing income after retirement. Today, though the scope of Social Security has been widened to include survivor, disability, and other benefits, retirement benefits are still the cornerstone of the program.
Approximately 68 million people today receive some form of Social Security benefits, including retirement, disability, survivor, and family benefits. (Source: Fast Facts & Figures About Social Security, 2019) Although most … Continue Reading Understanding Social Security
There’s no doubt about it–owning a home is an exciting prospect. After all, you’ve always dreamed of having a place that you could truly call your own. But buying a home can be stressful, especially when you’re buying one for the first time. Fortunately, knowing what to expect can make it a lot easier.
What are your other options when you can’t meet your financial obligations? You have studied your financial picture carefully, and you realize that there is simply no way to make … Continue Reading Other Options When You Can’t Meet Your Financial Obligations
You may have lost your job already, or it’s something you’re concerned about. Either way, the keys to surviving a job loss financially are to plan ahead, take stock of … Continue Reading Financial Survival After a Job Loss
Planning for your own business Before you start your own business or buy an existing business, you should do some initial planning. You may have already decided what type of … Continue Reading Starting or Buying a Business?
Fraudsters and scam artists are always looking for new ways to prey on consumers. Now they are using the same tactics to take advantage of consumers’ heightened financial and health … Continue Reading Watch Out for Coronavirus Scams
So you’re about to become a parent. Congratulations! Parenthood may be one of the most rewarding experiences you’ll ever have. As you prepare for life with your baby, here are … Continue Reading Preparing for Parenthood
You want to retire comfortably when the time comes. You also want to help your child go to college. So how do you juggle the two? The truth is, saving … Continue Reading Saving for Retirement and a Child’s Education at the Same Time
Go out into your yard and dig a big hole. Every month, throw $50 into it, but don’t take any money out until you’re ready to buy a house, send … Continue Reading Investing for Major Financial Goals
Your need for life insurance changes as your life changes. When you’re young, you typically have less need for life insurance, but that changes as you take on more responsibility … Continue Reading Life Insurance at Various Life Stages
Congratulations! You’ve decided to start a family. Up until now, your health insurance has probably been adequate, paying for routine doctor visits and prescription drugs. But now that you’re facing … Continue Reading Planning a Family? Get to Know Your Health Insurance Policy
If you care about what happens to your money, home, and other property after you die, you need to do some estate planning. There are many tools you can use … Continue Reading Wills: The Cornerstone of Your Estate Plan
By definition, estate planning is a process designed to help you manage and preserve your assets while you are alive, and to conserve and control their distribution after your death … Continue Reading Estate Planning: An Introduction
In the college savings game, all strategies aren’t created equal. The best savings vehicles offer special tax advantages if the funds are used to pay for college. Tax-advantaged strategies are … Continue Reading Tax-Advantaged Ways to Save for College
Getting married is exciting, but it brings many challenges. One such challenge that you and your spouse will have to face is how to merge your finances. Planning carefully and … Continue Reading Merging Your Money When You Marry