Finance Lessons for Your Teen

The current economic environment has caused most everyone to reconsider their personal finances with many people having to drastically change their spending and savings habits. Out of this economic malaise may come an opportunity to finally instill the right habits in...

Retirement Income Planning Requires Realistic Spending Assumptions

If you have read any literature on retirement planning or have received advice from a financial professional, chances are you were presented with the 70% rule, the one that suggests that retirees will need between 70 and 80% of their pre-retirement income in order to...

Investment Markets Rollercoaster

We finished 2018 with the S&P 500 being down 4.4%. In 2019 through Monday 1/21/2019, the S&P 500 is up 6.63%. Quite a ride 3 weeks into 2019! It brings to mind this chart that I discovered on social media…emojis and all! (click to chart enlarge- chart courtesy...

Financial Literacy for Children

In a recent survey by JumpStart Coalition for Financial Literacy, only 26 percent of those between the ages of 13-21 said that they had been taught how to manage money. Yet, when they turn 18, kids are signing contracts for student loans, opening credit card accounts,...