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Strategies to help ensure you don’t deplete your retirement savings too early

Planning Retirement September 16, 2022

Key Takeaways: You may be wondering how to ensure that you’ll have sufficient funds to live comfortably in retirement—and although there isn’t a one-size-fits-all approach—there are a few well-known tricks to help you make the most of your retirement savings. The 4% rule is a general retirement guideline suggesting that you can safely withdraw funds...
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What is a Health Savings Account (HSA) and Is It Worth it?

My Money April 18, 2022

According to Healthcare.gov, the definition of an HSA is “A type of savings account that lets you set aside money on a pre-tax basis to pay for qualified medical expenses. By using untaxed dollars in a Health Savings Account (HSA) to pay for deductibles, copayments, coinsurance, and some other expenses, you may be able to...
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Is Retirement Income Taxable?

My Money March 19, 2021

Nobody wants to pay more in income taxes than they have to, and that’s certainly the case when you retire. But, like other forms of income throughout your lifetime, you’re legally required to pay taxes on some retirement income. Before you retire, it’s a good idea to understand what kind of tax liability you’ll have...
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Should You Work After Retirement?

Empty Nester August 17, 2020

Are you thinking about returning to work after retirement? You might want to earn some extra income, stay social, or create more structure in your daily routine. Whatever your reason might be — and whether you’re already retired or are getting ready to leave the workforce in your current capacity — yes, you can work...
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How to Pick a Small Business Retirement Plan [Slideshow]

Business January 17, 2019

Small business owners wear a lot of hats. Decisions on health care plans, retirement plans and other benefits are often left solely to the owner. Offering a small business retirement plan to employees isn’t always on the radar. A study by LIMRA showed that only 42 percent of small businesses offered retirement plans – despite...
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Decide Your Retirement Date – and How to Get There [Infographic]

Planning Retirement January 1, 2018

Wondering when you should retire and how much you’ll need to save for retirement? Watch our video to find out how we can help you make your retirement goal a reality.
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Strategies to consider when planning for your taxes

My Money February 14, 2022

As we begin the new year and get closer to tax day in April, many of us are thinking more about planning for taxes and different strategies we can take to be more tax-efficient. Many federal tax policies and priorities are still up in the air, which can lead to some confusion as to what...
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3 Things to Consider When Deciding to Buy a Second Home

Buying / Selling December 5, 2018

A second house might be an investment, a vacation property or a combination of the two. Regardless of its intended use, a rising number of people are purchasing residential real estate. They see real estate as a safer investment than other investments that might come with increased risks. A National Association of Realtors survey showed...
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Personal Finance Tips for Dealing with Inflation

My Money September 16, 2022

Inflation is at the top of everyone’s minds right now. Our recent Nationwide Retirement Institute® survey found the majority of U.S. parents (60%) listed inflation or the rising cost of living as their top financial concern right now. [1] Coming out of the Covid-19 pandemic, we have seen supply-chain issues, as well as rising consumer...
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- financial planning
- money management
Pros and Cons of Commuting to College

College July 13, 2021

When your child starts college and you have an empty nest, you might have a to-do list, including travel abroad and fixing up the house. But before you book a flight, borrow money to turn your child’s room into a home theater or think about other activities for empty nesters, consider that a growing number...
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- commute to college
Should You Give Your College Student an Allowance?

College July 13, 2021

College is a series of firsts for students. It’s the first time they’ll live on their own, be responsible for every meal, handle their laundry and even complete homework without you there to help. Still, parents struggle with whether or not that independence should come with financial help. Should your college student get an allowance,...
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- college jobs
- working in college
How to Start an Emergency Fund

My Money March 23, 2021

What is an emergency fund? Sometimes called a rainy day fund , an emergency fund is money that you set aside to serve as your financial safety net for when you need it. What qualifies as an emergency? To a certain extent, an emergency varies by the individual, but one way to think of it...
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How Much Should You Spend on Rent?

Home March 11, 2021

Learning how to live on your own can be an exciting time in your life, but it’s also a big and costly transition. One of the first and most important decisions you’ll need to make involves finding a place to live that fits your budget. Because this is typically your largest expense, it raises the...
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Should I Buy a House During the COVID-19 Pandemic?

Buying / Selling October 2, 2020

You’ve been saving for a house by paying down your debt, working on improving your credit score, and cutting back on spending. For many of us, buying a home will be the single biggest financial milestone we hit. Owning a home can drastically improve your quality of life, and it can seem especially appealing now...
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How to Pay Off Debt During the COVID-19 Pandemic

My Money October 1, 2020

During a global pandemic, everything can feel exponentially more stressful and difficult. With millions of Americans filing for unemployment since the beginning of March, many of us are forced to deal with the anxiety of finances on top of everything else we have to worry about. Here are 4 simple things you can do to...
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