Planning for your child's education often involves careful financial strategizing, including opening a 529 plan. These tax-advantaged accounts are designed to help families save for college expenses. But what happens if you've diligently saved and find yourself with a surplus in the account?
Retirement planning is often viewed through the lens of financial acumen and strategic investment decisions. However, what if I told you that retirement planning shares more in common with basketball than meets the eye?
As we journey through life, retirement is often a highly anticipated milestone. It's a time to relax, explore new hobbies, and enjoy the fruits of your labor. But it's also a time when you may face Required Minimum Distributions (RMDs) from your retirement accounts. While these distributions are mandatory, they can also be an opportunity for generous and impactful charitable giving.
You may be aware of the gender wage gap or the pink tax, but perhaps the gender investing gap is less familiar. The gender investing gap profoundly impacts women's financial health, but there are ways women can bridge this gap.
he cost of higher education has skyrocketed over the last two decades. Below are some 2022 numbers: The average cost of college has more than doubled in the 21st Century growing at 6.8% per year. The average cost of college is $35,331 per student year, including tuition, books, supplies, and living expenses.
Have you ever tried to drive to an unfamiliar destination without a map? Well, okay, a GPS these days! What would happen if you did? You’d very likely get lost. You’d drive in circles, backtrack, waste time, gas, and money. The same can happen when you don’t have a financial plan.
Your money and your health are two of the most important things in your life and they influence every aspect of your life. Women have the health part down. We think about health more than men and do more about it. We are more likely than men to have health insurance and a regular source of health care.
