According to a 2017 FBI Internet Crime Report, individuals and companies lost over $5.5 billion between 2013 through 2017 due to email phishing scams. Email phishing scams are deceptive emails designed to trick people into revealing private financial information or sending money. These scams are so successful for scam artists because they depend on victims […]
They say that retirement should be viewed as a new life adventure. But it is really a budgeting lifestyle for post-working life. And there are a lot of considerations to make when budgeting a lifestyle in retirement. For one thing, people are living longer than ever now due to advanced medical breakthroughs and healthier living […]
Placed side by side, a Rolex White Gold Presidential Oyster Perpetual wristwatch, is not much larger than a typical, multi-function digital timepiece made by Casio. Yet one costs over $7,000; the other, approximately $200. Since size doesn’t matter, what factors contribute to a luxury watches price? Here are five drivers that make luxury watches different […]
Retirement is a well-deserved phase of life, but it can also present financial challenges, especially when it comes to taxes. As you transition from earning a regular income to relying on retirement savings, understanding how to optimize your tax situation becomes crucial. In this blog, we will explore some smart and legal strategies to help […]
Many many years ago when my dad retired I remember him receiving a gold watch for his years of service and a nice pension for his hard work. Today, many people have to rely on their 401(k) or individual retirement account (IRA) to help fund their retirement. Not only that, but they also have to […]
The average age for retirement in the United States is about 63, the year after most Americans qualify to take Social Security. Some people spend a lifetime waiting for retirement, only to realize they can’t afford it or didn’t plan for it properly. They say life is short, but life can feel really really long […]
Quitting your job to start a new business entails risk, especially if you don’t have a backup plan or sufficient emergency funds for personal financial security. Try the smart alternative — keep your job and put your entrepreneurial spirit to work in a part-time business. With the right idea and some hard work, you can […]
Even though the country is moving toward erasing the gender boundaries, there are some things where women and men have to acknowledge they are different. Retirement planning is one of them. Research has shown that women in general are better investors. Data going back years show that their aversion to risk usually leads to better […]
Most of us currently working understand that in order to have a sufficient income for retirement you need to be diligent about making annual contributions to your retirement accounts. These same people however, may balk when you tell them that receiving regular raises — actually earning more money — can instead lead to less money […]
There are many reasons for phased retirement, that is, stepping down to less hours rather than quitting all at once. The main advantage is that it allows you to continue saving for full-time retirement. By delaying, in part, you are able to continue contributing to your IRA or 401(k). There aren’t any age limits for […]
