Articles
As the ongoing coronavirus pandemic continues to present health and economic challenges, it is difficult to focus on anything other than the present. It's important, though, not to lose sight of the years ahead and to take steps that can put you in a better position when we emerge on the other side.
You wake up in the middle of the night and realize, "I changed jobs last year but I left my 401k behind." Now what?
Well leaving your 401k behind is one of the four options you have when you change employment or retiring. However, a quick story. Many years ago, a client of mine passed away and I was assisting the only heir in transferring some of his financial accounts to her.
Sometimes the best gifts aren’t things. A 2019 international survey found that three out of four consumers value gifts of experience more than tangible items.
That may be especially true this holiday season. So, for anyone wanting to give a memorable, experiential gift that could appreciate in value over the years (rather than be forgotten by New Year’s), the gift of investing may be a good choice.
At first glance, the offer seems enticing. Your company presents an early retirement package, featuring a lump sum payment and an allowance for health insurance. Perhaps it’s part of an effort to address the effects of the coronavirus pandemic by reducing payroll expenses.
It doesn’t matter the size of your bank account, what’s in your wallet or the number of Mason jars you have buried in your backyard. Money, by its very nature, causes stress.
Like it or not, your money and your health are intrinsically connected. While money can’t necessarily buy you happiness, effectively and honestly managing your household economics is paramount to your overall well-being.