Taking the time to rebalance your portfolio will ensure that your investment goals are still on track. Before you start planning those holiday events, you should meet with your financial advisor to review and adjust your portfolio for maximum performance.
Read MoreNow that the kids are back in school, we may be asking ourselves—yet again—where the summer went. Each year, summer seems to pass by more quickly than the last.
Jill Tipograph, founder and CEO of summer programs and teen/college enrichment coaching firm Everything Summer, advises that parents take a moment with their kids to reflect on the past few months.
Read MoreIf you’re nearing retirement, make sure one of the most important and expensive aspects of your golden years—your future health-care needs—is not overlooked.
“You might start out just needing some help for a few hours a day, but that can progress to where your level of needed care increases significantly,” said certified financial planner Avani Ramnani. “It can add up quickly.”
Read MoreToday’s generation of kids has been labeled the “me, me, me” generation. Let’s face it: Today’s technology fosters a culture of narcissism.
Our digital existence allows us constant access to the Web, text messaging, instant messaging, Facebook, Twitter and more. Young people are constantly tweeting, blogging and Snapchatting. So how can we flip the screen and get kids to pay more attention to the actual world around them?
Read MoreAt a recent event, Derek Jeter said that 10 years from now he’d like to have a family. “I look forward to that,” he added, “but I also want to be an owner of a team.”
One can only imagine the number of baseball fans across America who would line up for tickets to see the house that Jeter, legendary and newly retired New York Yankees shortstop, might one day build. In the meantime, they can log onto The Players’ Tribune, a new sports website Jeter’s helping to bankroll as founding publisher. The site will be, in Jeter’s own words, “a place where athletes have the tools they need to share what they really think and feel”—cutting out the sports reporter middleman.
Read MoreEffective investment management for individual investors requires proper diversification of assets to manage risk and maximize the likelihood of funding their goals.
The traditional approach for doing this focuses on an investment portfolio and, perhaps, other assets on a person’s household balance sheet. The problem is that the process often ignores someone’s greatest asset: their ability to continue earning income through the fruits of their labor, also known as their “human capital.”
Read MoreMany of America’s baby boomers are gearing up for retirement, banking on Social Security, 401(k) plans and their home equity to keep them afloat through their golden years.
Today, boomers between the ages of 50 and 68 account for more than 25 percent of the country’s population. Every day for the next 19 years, close to 10,000 Americans will reach the retirement age of 65, according to Pew Research.
Read MoreStacy Francis, Francis Financials president and CEO, and Tim Maurer, Bam Alliance, discuss grounds for concern at Pimco.
Read MoreSo you’re 50. It’s a lot better than you feared. It’s better still if you’re ready to get serious about your retirement savings.
Indeed, pre-retirees are often positioned to fund their nest eggs as never before.
Why? One or more of your kids may be out of the house, which frees up disposable income; your take-home pay may be at its peak; and you’re now eligible to supersize your savings with higher tax-deferred contribution limits.
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