Your parents took care of you growing up, and now as they grow older, the tables have turned. There can be changes to both your finances and lifestyle, which is why it's important to be prepared.
If you thought that homeowners insurance covered flood damage you're not alone. It's a common misconception, but it's not something you want to find out when disaster strikes. We'll take a look at the basics of flood insurance and why you should consider getting your home covered.
Considering who to work with as a financial advisor is an incredibly important decision. Figuring out who is qualified and appropriate for your situation provides its own unique hurdle. Where do you begin? A good place to start is to look for an individual who is a Certified Financial Planner™ practitioner.
It's that time of year again when many employees have a chance to change their benefits offered by their employer. Depending on the company, there may be a plethora of different benefits to choose from. One of the most common benefits offered, and one of the most important, is health insurance. But which policy is right for you?
Ah, the holiday season. For many this can be the most enjoyable time of year, spending much needed time with friends and family. This is also a notoriously busy time, and sometimes, managing your finances inadvertently gets put on hold. If you're over 70 ½, or will be by the end of the year, forgetting to take your required minimum distribution can have major tax consequences.
An occasional question we get from clients when markets are doing well, as they have been in the past few years, is “should we take some profits now, so we can be well positioned when the markets fall next?” The short answer: No.