Choosing to work with a financial advisor can make a positive difference in your current and future life – and even for the next generations of your family. Your goals of building and preserving wealth, enjoying a comfortable retirement, and leaving a legacy are dependent on how well your financial matters are managed.
An emergency fund is a financial safety net designed to cover unexpected expenses or financial emergencies. It typically consists of liquid assets that can be easily accessed when needed. Having an emergency fund is crucial for financial stability as it helps individuals manage unforeseen expenses without derailing their long-term financial goals.
I grew up in Duxbury, Massachusetts, a small beach town on the South Shore, located 45 minutes south of Boston and 30 minutes north of Cape Cod. My parents raised me, my two brothers, and my sister. My mom was fortunate enough to be a stay-at-home mom, dedicating her life to raising four children, while my dad worked as a successful businessman to provide for us.
With the cost of higher education rising, it’s important to determine how you and your family will fund it. There are several options to consider, each with their own pros and cons.
A suite of early works from a celebrated artist. A complete set of first editions without a single cracked spine. A Brasilia buffet full of Pyrex. A spare room dedicated to artfully curated Star Wars memorabilia. All passionately collected – and potentially at risk, without a thoughtful plan to either keep them in the family or share them with the world.
No matter your child’s age, it’s never too early to start saving for their education. Time flies, and their college years will be here before you know it. So start planning today.
Nobody wants to financially erode the portfolio they’ve built by making risky choices at the wrong time. You spend nearly half of a lifetime working hard to prepare for a secure retirement, so no wonder it isn’t easy to convince yourself to embrace risk. As vital as wealth preservation is, especially when nearing retirement, returns are still an important consideration.
Even in a seller's market, selling a home can be a difficult task. As a result, you'll want to do your homework ahead of time to ensure that you will be able to sell your home quickly and at the best possible price.
It’s an election year, which means you can expect to hear presidential candidates being asked about their plan for preventing Social Security from going bankrupt.
Scam artists often prey on those who are most vulnerable. Unfortunately, this includes individuals who have recently lost a loved one and are easily taken advantage of during their time of grief.
