Financial Planning

Financial planning is when you develop a plan for your money. Financial planning is the process of determining what your goals are and how you can reach those goals with your money, usually through investments. In some cases, people hire financial planners to help them. Financial planners may have a variety of credentials and may work on a fee-only basis or for a commission. Learn some financial planning tips here.

5 Retirement Mistakes We All Make

Happy National Save for Retirement Week! Do you have enough money in the bank to support you in your golden years? You should obviously be thinking about your retirement more than one week a year. But this annual event gives …

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How to Enjoy Halloween without Going Boo-roke

If you’re hosting a Halloween party you may be worried about finding creative decorations and preparing the right food but the cost probably has you scared. With Halloween spending expected to hit almost billion this year, Americans are doing some …

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Should I Use My Inheritance to Pay Off My Mortgage?

Using an inheritance to pay off your mortgage can help pay down your mortgage faster. Consider using an inheritance to pay down debts.  By: Ilyce Glink and Sam Tamkin Q: I have a 20-year fixed mortgage and am two years …

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Should I Pay off My Mortgage or Invest in Retirement?

Deciding whether to pay off your mortgage or invest in retirement is a common question. Try paying your mortgage with existing funds. By: Ilyce Glink and Samuel Tamkin Q: My husband and I bought a new house a few years …

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Expensive Home Upgrades: Tips on Spending and Saving Money Wisely

Considering expensive home upgrades? Expert tips on spending and saving money wisely, including paying off a mortgage and saving for retirement.  By: Ilyce Glink and Samuel Tamkin Q: I have a $138,000 mortgage at 3.75 percent on a 15-year term …

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Should I Cash Out My 401K?

Should I cash out my 401K? Try hiring a financial adviser, reducing your living expenses and refinancing your home.  Q: I am a 49 year old who plans to retire from my current job by age 55. My 401(k) is now …

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How to Plan for the Future Financially

When wondering how to plan for the future financially, always remember to spend less than you earn and pay down your debt. Q: My wife and I have been married more than 30 years, but we don’t have any kids. …

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Top 10 Ways to Save Money on Valentine’s Day

Save money this Valentine’s Day with these top 10 tips on how to enjoy Valentine’s Day while on a budget. Love it or hate it, Valentine’s Day is just around the corner. And whether they’re spending it with the love …

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Should You Pay Off Mortgage With Low Interest Rate Early?

If you can pay off your mortgage early, but you have a very low interest rate, should you? Or should you invest your money elsewhere? Q: I tried to get on your radio show this past weekend, but I called …

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What are Typical Investment Management Fees?

Typical investment management fees can range depending on the type of investment, the type of account and the type of investment manager. Q: I am 64 years old, retired, with a pension from a state government.  I am considering investing a …

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