retirement savings

Learn strategies for utilizing catch-up contributions to enhance your retirement savings after 50, building a stronger financial future.

Making the Most of Catch-Up Contributions in Your 50s and Beyond

Turning 50 is a pivotal moment in retirement planning, underscoring the need to evaluate and strengthen your financial position for the years ahead. One powerful strategy for those in this age group is utilizing catch-up contributions. These contributions enable individuals aged 50 and above to add extra funds to their retirement savings beyond the usual limits. This guide explores how catch-up contributions work and their benefits, highlighting their significance in boosting financial preparedness for retirement.

Making the Most of Catch-Up Contributions in Your 50s and Beyond Read More »

How to Donate Stock to Charity

5 Steps to Combine Your Tax Planning and Charitable Giving Goals

Are you passionate about sharing your financial resources with causes and organizations you care about? Do you find meaning in creating an impact in the world? If so, consider how you might donate stock to charity to accomplish both your charitable giving goals and smart tax planning, too.

How to Donate Stock to Charity Read More »

Five Tips to Start Building Generational Wealth for Your Family

What You Need to Know to Secure Your Family’s Financial Future

Many of the world’s wealthiest people didn’t get there on their own—they inherited their fortunes from family members who had focused on building generational wealth. With the right strategy and planning, this type of financial legacy is within your reach, too. If you make wise decisions, you can build a solid foundation for yourself, and for your future family members, too. The five tips below can help you plant a seed that can grow for years to come.

Five Tips to Start Building Generational Wealth for Your Family Read More »

The Disadvantages of DIY Financial Planning

Avoid Challenges and Maximize Opportunities by Using a Professional Planner

If you’re someone who takes pride in making your own way in the world, you’re likely wired to feel inspired by the idea of DIY financial planning. It might feel practical to you, or even like the thing you “should” do – crafting your own unique strategy in pursuit of your money goals. However, DIY financial planning may not allow you to take full advantage of the tools available to you – meaning you could also be missing out on another level of financial security and peace of mind.

As you consider your financial plan, be aware of the challenges below that come with choosing to go it alone rather than working with a professional financial advisor.

The Disadvantages of DIY Financial Planning Read More »

401k matching

Are You Making the Most of 401k Matching Opportunities?

Are you utilizing any 401k matching opportunities that are available to you?

When it comes to saving for retirement, the most popular savings vehicle Americans use is the 401k plan. It’s not hard to determine why they’re such a crowd pleaser, either. With tax advantages and many employers offering match opportunities, a 401k can help you reach your financial goals. So, are you making the most of your employer’s 401k offering?

If you have a 401k through your employer, here’s what you need to know about matching and how you can make the most of this benefit.

Are You Making the Most of 401k Matching Opportunities? Read More »