When it comes to retirement planning, annuities can be a valuable tool. They can offer a steady stream of income, which can be crucial...

You may have heard the phrase "Let your money work for you" and wondered what that means. The simple answer is to invest your money to generate returns. Compound interest has the same concept but operates differently from investing and returns only. Compound interest is the foundation for building your savings and a key driver of gaining wealth over time. What Is Compound Interest? Compound interest is the interest you earn on interest. If you have a savings account or a CD

Summer will officially be here soon, but before kids get out of school and all the vacation planning you did begins to come to fruition,...

For most people, steady, ongoing work is the foundation of their wealth. Career success and a good salary, or building and growing your...

As naturally social creatures, relationships are essential to our everyday lives. Relationships can help us advance through our careers;...

The combination of high inflation, the Federal Reserve’s aggressive program of rate increases, and economic and geopolitical uncertainty...

Many options and different account types are used for individuals to save money. The goal of saving money is to increase funds while...

If it’s an investing question, the usual debate goes something like this: Buying allows for capital appreciation and tax advantages, but...

Inflation has been hitting everyone's wallets all year long. With the cost of everything from fuel to pasta going up, a 40-year high in...

It's not about how much money you have to pass on to your kids – it's about passing on money-smarts. Teaching your kids sound financial...

One of the most challenging parts of college isn’t getting accepted; it is figuring out how to pay for it. Long before your child is...

For most people, there's a point at which their finances become complex enough that they realize it's time to hire a professional. This could be at any stage of life; it's more about the individual situation and how an advisor can help. Here are a few common situations: You've got your first big job – but you still carry significant student loan debt. You've changed jobs - now you need guidance on your old retirement plan and how it relates to your new retirement plan. You ha

Retirement during a volatile market is unsettling. Whether you are on the cusp or have already made the leap, a market downturn's impact...

The financial advisor model has changed over the last several decades. From the investor perspective, these changes provide more options,...

Most workers participating in a 401(k) plan attempt to salt away as much of their income as possible into the retirement plan; at...

Determining your portfolio goals and risk tolerance is the first step in creating an investment strategy. The next step is to deploy the...

The Federal Reserve has been very clear about its intentions to move more aggressively in fighting inflation. It currently defines "more...

You might have heard the terms "Dividend Payments" or "Dividend Stocks" and wonder how these terms relate to investing and why they are essential to an individual investment portfolio. To understand the advantage of dividend stocks, investors must first learn what dividends are. Dividends are payments that a company's board of directors has agreed to pay to the shareholders of that company's stock. It can be seen as the companies sharing their profits with their shareholders.

Your financial journey has a lot of milestones and transitions along the way. However, it generally breaks down into stages where your...

March Recap and April Outlook Ukraine's fierce response to and subsequent repulsion of Russian troops surprised everyone, not least...