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July 24, 2020

How Fast Can You Break Free from Student Loans?

Eliminating student loan debt can put you on the fast-track to achieving your essential life goals. If you’re one of the millions of Americans struggling with this vital issue, you know first-hand the challenges of student loan debt. As student loan balances continue to balloon from one year to the next, what can you do to conquer this overwhelming debt load? Well, many people are waiting for an act of congress to make their student loans disappear.   Yet, chances are…

July 10, 2020

Six Ways Target Date Funds Simplify Investing

Investing is simple, but it’s not easy. No matter where you are in your savings journey, you probably know that a lack of diligence and poor investment decisions can lead to a major financial setback. That’s why having a disciplined process is crucial to growing your savings quickly and increases your chances of achieving investing success. What can you do if you don’t have the time or inclination to follow an investment management process, or are just looking for a…

June 26, 2020

Feeling Stuck Financially? Hit the Reset Button.

You’ve been diligent with your money. You’ve amassed sizable savings. Then life knocks on your door – a once-in-a-lifetime opportunity falls through, work moves you to another state, a family emergency calls, or your primary source of income evaporates. Years of diligent financial progress comes undone in an instant, and now you feel stuck. Or maybe you’re in a position where you’ve struggled for years to get a handle on your finances, but one disruption after the next keeps you…

June 4, 2020

Three Things to Know About Paying a Financial Advisor

Did you know that not all financial advisors get paid the same way? And while compensation does not make the financial advisor, how they’re paid can influence the advice you receive and potentially the outcomes of your financial goals. What’s more, if you don’t understand what your own financial goals are, you may end up paying for products or services that you don’t necessarily need. Knowing where your hard-earned money goes should be your top priority when it comes to…

May 28, 2020

Ten Signs it’s Time to Find a Financial Advisor

Having a firm grasp of your finances is a critical part of reaching your financial goals. With money being a very personal matter for each of us, knowing when you might need help can be a real struggle.  Even so, changing circumstances and life events could be an early indication that you may benefit from a financial professional’s assistance.  Indeed, here are ten signs that now may be an opportune time to speak with a trusted financial advisor: 1. You’ve…

May 8, 2020

What’s the Best Way to Protect Your Hard-Earned Wealth?

What’s the best way to protect your hard-earned wealth? That’s the million-dollar question that’s on a lot of people’s minds right now. The fact is that the coronavirus has demonstrated in absolute terms how an unexpected event can quickly take away your earnings ability and deplete your life savings.    Events surrounding the coronavirus have also demonstrated how life’s surprises can come at you from all directions. And when they do, your ability to build enduring wealth can evaporate in…

May 1, 2020

Keep Your Money Growing with Two Simple Steps

Growing financial wealth in today’s environment has been a struggle. Whether it’s the wide swings in asset prices that make it hard to decide whether to stay in or get out the markets to the dour economic conditions that have negatively affected business earnings. Finding the right strategy to grow your wealth in a world locked down truly has been a challenge. So, what can households and investors do to make the right decisions to grow wealth given today’s challenges?…

April 24, 2020

The First Step to Thriving Financially: Creating Wealth Today

What can individuals do during this downturn to thrive financially and build, or in many cases, rebuild wealth that has been lost in the past few weeks? By many measures, U.S. economic activity continues to grind to a halt on account of the COVID-19 containment efforts. This is evidenced in various data releases published this week. And it’s also a key reason why some Governors are eager to reopen their state economies. But the reality is that returning to normal…

April 10, 2020

The CARES Act and Thriving During a Downturn

By the time the U.S. economy reopens weeks from now, tens of millions of people will have lost their jobs and thousands of small businesses will remain shuttered on account of the COVID-19 outbreak.  Estimates of the economic impact differ widely and it’s very likely that the ultimate financial cost of the coronavirus will take months if not years to fully understand.  As we pointed out in our report last week, Congress has stepped up to support ailing households and…

March 5, 2020

Three quick steps to help manage financial anxieties during uncertain times

If the coronavirus, recession angst or elections are keeping you up at night or have generally increased your level of anxiety, you can take comfort in knowing that what you’re feeling is natural.  In fact, our brains are primed for an anxiety response during times of heightened uncertainty.  At least that’s according to one research paper published in the journal Nature.  And as the researchers point out, higher levels of uncertainty disrupt our ability to assign clear probabilities of success…