Higher education is expensive—and the cost seems to be rising every year. It’s easy to feel overwhelmed by saving to send a child (or children) to college, but incorporating it into your overall financial plan can make it more manageable. Here’s how to get started. ...
Staying focused on long-term investing can be difficult when turmoil in the world is causing short-term uncertainty—right now, we’re experiencing a perfect storm of the Russia/Ukraine conflict, inflation, the ongoing pandemic, and general market volatility. The best...
Last month, the Federal Reserve approved the first rate hike since 2018, with more likely to come. The Fed lifted its key interest rate by 0.25% taking their first significant step toward trying to overcome rapid inflation by raising borrowing costs. Policymakers...
Environmental, social and governance (ESG) investing has been in the news a lot recently. From FT to Bloomberg to MarketWatch, everyone’s talking about the ESG investing boom. But what is it exactly? Simply put, ESG investing compares similar companies on...
Right now, inflation is on most people’s minds. According to The New York Times, prices increased 8.5% from one year earlier. This is the fastest pace of inflation in 40 years. The inflation that we’re seeing right now is a classic story of supply and demand. On the...
With recent news about Russia and Ukraine causing uncertainty across the globe, you may be feeling anxious about the future of the world, the markets and your investments. And uncertainty is normal during times of volatility and stress—which we’ve definitely...
The events of the past few years have made it clear that we have no way of knowing, or controlling, what the future holds. And while that uncertainty can be uncomfortable, even frightening, you can take back some control by putting measures in place to prepare...
401(k) Loans: Borrowing from Your Future If you need funds to cover an unexpected expense, taking a loan from your 401(k) account may sound appealing. Although many retirement plans offer these loans, borrowing from your 401(k) comes with unique risks and costs that...
If you claim your social security benefits and then realize doing so might not have been in your best interest, you may have an opportunity for a do-over. There are three strategies that may apply, depending on your individual circumstances. Let’s take a look at each...
Presented by Odyssey Group Wealth Advisors When it comes to their retirement accounts, many investors often fail to think about required minimum distributions (RMDs). That oversight can lead to unnecessary tax burdens and other financial issues. In order to handle...