Understanding Risk
Few terms in personal finance are as important, or used as frequently, as “risk.” Nevertheless, few terms are as imprecisely defined. Generally, when financial advisors or the media talk about […]
Understanding Risk Read More »
Few terms in personal finance are as important, or used as frequently, as “risk.” Nevertheless, few terms are as imprecisely defined. Generally, when financial advisors or the media talk about […]
Understanding Risk Read More »
If you haven’t started investing towards a long-term goal because you’re worried about short-term market volatility, consider using a popular investment strategy called dollar cost averaging. Dollar cost averaging takes
Dollar Cost Averaging Read More »
Introduction Investment planning during retirement is not the same as investing for retirement and, in many ways, is more complicated. Your working years are your saving years. With luck, your
Investment Planning throughout Retirement Read More »
What is a mutual fund? A mutual fund is an investment company that pools money from many people and invests it in stocks, bonds, or other securities. Each investor owns
Setting financial and investment goals Setting goals is a very important part of life in general and in financial planning in particular. Before you actually invest your money, you should
Setting Financial and Investment Goals Read More »
What is investment planning? The investment planning process If you’re fortunate enough to have money left over after paying the costs of living, you may be able to make that
Introduction to Investment Planning Read More »
As you grow older, your housing needs may change. Maybe you’ll get tired of doing yardwork. You might want to retire in sunny Florida or live close to your grandchildren
Housing Options for Older Individuals Read More »
Why is Medicaid planning important? Aging is inevitable, and a gradual (or not so gradual) inability to function independently is a great concern for many people. While the prospect of
Medicaid Planning Goals and Strategies Read More »
Medicare won’t cover all of your health-care costs during retirement, so you may want to buy a supplemental medical insurance policy known as Medigap. Offered by private insurance companies, Medigap
Buying Supplemental Health Insurance: Medigap Read More »
It’s a fact: People today are living longer. Although that’s good news, the odds of requiring some sort of long-term care increase as you get older. And as the costs
Understanding Long-Term Care Insurance Read More »