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golden egg

Time is Running Out To Fund Your IRA …..

Don’t Forget …. You have only until Tuesday, April 17 to fund your Traditional IRA or Roth IRA account for the 2011 tax year.  This is a “use it or lose it” opportunity to put money where the IRS won’t tax it for many, many years, or will never tax it, in the case of Roth IRA […]

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target savings needed to accumulate 500k-2

Start Saving Early … Or It May Cost You

You probably already know that one of the keys to successful financial planning is to “start early.” There’s a good reason for that.  If you start saving in your 20s or 30s, and let your money compound over time, you don’t need to save that much.  However, if you delay until you are in your 40s or […]

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married and money

Young Singles: Already Behind at the Savings Game?

Singles are surging.  They number almost 100 million and make up 43% of the adult population in the United States. But therein lies a problem, at least when it comes to retirement savings.   Young singles (between the ages of 22 and 35) are about half as likely to open a retirement savings account and save for the future as their married […]

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caregiving

Quote of the Week: Caregiving

“One-quarter of adult children in the United States are currently providing personal care or financial assistance to a parent – a proportion that has more than tripled over the past 15 years.” AARP

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retirement accts plus money

Secrets of Successful Retirees

Don’t take our word for it.  Take theirs. For the fifth consecutive year, Consumer Reports National Research Center polled over 20,000 readers to ask them what what they did right and wrong in preparing for retirement.   Boy, did they get an earful. We’re not surprised by the results.  In fact, they are right in line […]

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college

College Dreaming

For those of you who are parents of high school seniors, you know far too well the agonies of  the college application season.  It’s a seemingly endless marathon of tests, applications, essays, recommendations, and documentation, and soon it will all be topped off with the heart-breaking thin letter of rejection or the joyful fat letter of acceptance.  […]

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financial literacy

Yikes! Financial Literacy is Already “Dismal” and Worsens as We Age

We’ve already been warned that the state of financial literacy is “pretty dismal” in the U.S.  If that isn’t bad enough, it looks like we understand even less about money and finances as we age.  So says Annamaria Lusardi, a professor at Dartmouth and George Washington University (OK, I’m partial, it’s my MBA alma mater), who is an […]

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money parachute

Starting an Emergency Fund, and How Your Roth IRA Can Do Double-Duty

We recently worked with reporter Craig Guillot, a business and personal finance writer from New Orleans, on an article for Mint.com about starting an emergency fund.  You can check out the full article here.  In working with Craig on the article, we made the point about how a Roth IRA account can sometimes do “double […]

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“Let’s Make A Plan”

Your finances can’t manage themselves, but that doesn’t mean they won’t try. Bring all your finances together with the help of the one person who can — a CERTIFIED FINANCIAL PLANNER™ professional.  That’s the theme of the CFP Board’s first large-scale Public Awareness Campaign, with television advertisements running on national television cable networks including CNN, ESPN, Fox […]

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Time to develop a financial plan

Time to Make a Plan?

American professional baseball player Yogi Berra summed it up the best. If you don’t know where you are going, you might wind up someplace else. That’s certainly true when it comes to financial and retirement planning, and underlines the value of charting a clear course and seeking professional advice.  Research shows that people working with […]

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