No matter what your age or stage of life, targeting a goal for monthly retirement income can seem like a daunting task. The following are four considerations to help you get started. 1. When do you plan to retire? The first question to ponder is your anticipated retirement age. Many people base their target retirement
You may have a very idealistic vision of retirement–doing all of the things that you never seem to have time to do now. But how do you pursue that vision? Social Security may be around when you retire, but the benefit that you get from Uncle Sam may not provide enough income for your retirement
The holidays are a popular time for charitable donations. With so many charities to choose from, it’s more important than ever to ensure that your donation is well spent. Here are six tips that can help you make smart and effective charitable donations. 1. Choose your charities wisely Choosing worthy organizations that support the causes
Generally, you can join any state’s 529 savings plan. Why might you want to shop around? Some plans may be more appealing, for a variety of reasons. Here’s one way to approach this question. First, find out if your state offers any state tax benefits for 529 contributions or withdrawals, and whether those benefits are
What is the forecast for college cost increases? You’ve seen the numbers–a college education is expensive. All those benefits of personal growth, expanded horizons, and increased lifetime earning power come at a price, a price that increases every year. According to the College Board’s annual Trends in College Pricing Report, for the 2015/2016 academic year,
You know how important it is to plan for your retirement, but where do you begin? One of your first steps should be to estimate how much income you’ll need to fund your retirement. That’s not as easy as it sounds, because retirement planning is not an exact science. Your specific needs depend on your
Use our College Savings Checklist to gather information about your college savings needs while finding a balance between educational savings and other goals, such as retirement savings. Estimate what college costs may be and consider some options for reducing college costs. Download College Savings ChecklistConnect with an Advisor Download and complete our College Savings Checklist
