Shopping for a life insurance policy doesn’t have to be confusing and overwhelming. If you take some time to understand the basics and how it works, you can better determine the coverage that may be beneficial for you and your family’s needs. What is life insurance? When life insurance is purchased, a legally binding contract [...]
According to recent research by Fidelity, women are more likely than men to stay the course and wait out market volatility when it occurs.1 But while this steadiness may help women avoid locking in losses by panic selling, this research also revealed some special challenges for women. Read on to learn more about the most [...]
Although many teens are loath to admit it, they rely heavily on advice from trusted adults in their lives—especially their parents. As these teens begin moving out and heading to college, it becomes even more important to set them on a good financial path. Below are seven key pieces of advice every college student should [...]
Stocks must have gotten the memo that August tends to be weak historically. July, the eighth positive month in the past nine, was quickly forgotten as the beginning of August greeted us with a selloff. The primary catalyst was August 2’s weaker-than-expected employment report, which ignited concern that the U.S. economy could tip into recession. [...]
Although inflation is down from an all-time high, people are still pinching their family wallets—especially when it comes to back-to-school shopping.1 Whether you're buying for one student or several (or even for yourself), you may benefit from the following five back-to-school shopping strategies to help you save money. Create a Budget and Stick to It [...]
More than 100 million American adults currently care for a parent or other elderly relative in their home.1 These arrangements are often more by necessity than choice, as paying for outside caregivers or a long-term care facility can cost thousands or even tens of thousands of dollars a month. For many families, taking on this [...]
The "Sandwich Generation" is composed of adults who are ‘sandwiched’ between competing financial responsibilities. Many Sandwich Gen members support their aging parents while also providing for their children (or even grandchildren) and planning for retirement. Today's Sandwich Generation is a larger-than-ever cohort consisting of the youngest Baby Boomers, the oldest Millennials, and much of Generation [...]
What does the term "financial freedom" mean to you? For some, it means freedom from a particular workplace or industry. For others, it means the opportunity for an early retirement or the ability to start a long-desired business. Consider these three strategies that may help investors pursue financial independence on this Independence Day. Start Early [...]
There is one thing that we will most likely all do one day: regardless of your status in society, position at work, or whether you are tall or short, you may pass down assets to loved ones. When that day arrives, an estate plan is essential for managing and distributing those assets without too many [...]
After working hard and providing for your family for all of these years, you are likely counting down the days until retirement and beginning, as The Beach Boys once said, that “endless summer.” Or maybe you are already retired and looking to make some financial adjustments because you realize that life doesn’t stop when you [...]
