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Social Security

Preparing for Retirement? A Financial Advisor Can Help

We all know what a critical time retirement can be.  Today’s retirees may spend thirty years or more not working.  That’s a heavy burden to place on your nest egg.  Take out too much, and your savings will run out.  Take money from the wrong account, and you’ll pay for it at tax time.  That’s why […]

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Business-Owners

No Excuse For Your Small Business Not To Offer a Retirement Plan

  There is definitely a problem in the small business world.  About 65% of all U.S. businesses are small businesses.  Only 29% of those have retirement plans.  The remaining 71% of small businesses offer no formalized way for employees or employers to save for the future, meaning they are dependent on Social Security and, at most, $5,000 per […]

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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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piggy bank many hands

5-Minute Fix: Are You Saving Enough to Meet Your Goals?

No time to spare?  Don’t worry.  The “5-Minute Fix” shows you how to have a big impact in your financial life with just a little time. Okay.  So you are putting away a little bit of money every paycheck into your 401(k).  Or maybe you contribute to your Roth IRA.  But how do you know if it’s enough? […]

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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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refi

Last Call for Refinancing?

If you are standing on the sidelines waiting to refinance, don’t wait too much longer.  Rates are at historic lows.  “This is an excellent time to refinance,” said Greg McBride, senior financial analyst at Bankrate.com, in a February 2012 Wall Street Journal  interview.  If you can’t decide if a refi is right for you, here’s some factors to keep […]

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credit-cards

Credit Cards: Better Leave Home Without Them

It’s not just your imagination.  You really do spend more when you say “charge it!” The proliferation of non-cash forms of payment like credit and debit cards, Pay Pal, gift cards, phone apps, and online bank payments  is making it easier for people to spend too much money.  The temptation to overspend is especially acute for […]

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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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Quote of the Week: Saving for Retirement

“The amount you save for retirement is far more important than how you invest that money.   … But even the most brilliantly diversified portfolio isn’t going to get the job done if you’re not putting enough into it.”  Suze Orman, O, The Oprah Magazine, January 2012  

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Question?

Fastest Way to Pay Down Credit Card Debt

  Some of our client say that one of their top New Year’s resolutions is to pay down credit card debt.  What’s the fastest way to do that? Some people like to tackle small credit card balances first, since paying off one account in entirety gives them a “feel good” sense of accomplishment.  However, that’s not […]

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