How much life insurance do you need?
Your life insurance needs will depend on a number of factors, including the size of your family, the nature of your financial obligations, your career stage, and your goals. For example, when you’re young, you may not have a great need for life insurance. However, as you take on [...]
Many banking customers are discovering the increased convenience, ease, and security of online banking services. Even some business banking services are now being offered online, as technology continues to advance and as consumers become more and more comfortable with the idea and practice of online banking. Services include bill payment, check writing and mailing, funds [...]
All consumers should be aware of the abundance of information regarding filing for chapter 13 bankruptcy, and particularly if you hold a business or even if you are just planning to start up a business in the near future, to benefit yourself.
Chapter 7 bankruptcy information also applies here, but the chapter 13 bankruptcy information is [...]
Deciding when to retire may not be one decision but a series of decisions and calculations. For example, you’ll need to estimate not only your anticipated expenses, but also what sources of retirement income you’ll have and how long you’ll need your retirement savings to last. You’ll need to take into account your life expectancy [...]
Myth: Social Security will provide most of the income you need in retirement
Fact: It’s likely that Social Security will provide a smaller portion of retirement income than you expect
There’s no doubt about it–Social Security is an important source of retirement income for most Americans. According to the Social Security Administration, more than nine out of [...]
We have all heard the word bankruptcy before and have an ideal of what it means, but the details are the most important here. It is the details that plenty of people have no knowledge of.
The issue of bankruptcy is one that many people find perplexing. It is difficult enough to keep your finances on [...]
Charitable giving can play an important role in many estate plans. Philanthropy cannot only give you great personal satisfaction, it can also give you a current income tax deduction, let you avoid capital gains tax, and reduce the amount of taxes your estate may owe when you die.
There are many ways to give to charity. [...]
Do you picture yourself owning a new home, starting a business, or retiring comfortably? These are a few of the financial goals that may be important to you, and each comes with a price tag attached.
That’s where financial planning comes in. Financial planning is a process that can help you reach your goals by evaluating [...]
As the cost of a college education continues to climb, many grandparents are stepping in to help. This trend is expected to accelerate as baby boomers, many of whom went to college, become grandparents and start gifting what’s predicted to be trillions of dollars over the coming decades.
Helping to pay for a grandchild’s college education [...]
In a few weeks I’m off to Atlanta in the U.S. on a business trip. I haven’t been to the United States for many years so I’m hoping that I might be able to pick up a bargain or two while I’m away.
The British pound is not as strong as it used to be [...]