The comfort and simplicity of cash can be enticing; it’s tangible, easily accessible, and feels safe. While cash can be useful for short-term needs like daily spending or emergency savings, it can come with a significant – and often hidden – cost for long-term investors. It remains impervious to...
Retirement is an exciting stage of life that many Americans eagerly anticipate, yet retirement as we’ve known it is changing. Different concepts of retirement are emerging — your personal vision of retirement likely differs from how your parents, neighbors, and friends expect to spend their retirement years. In addition,...
How do annuities work? There are several types of annuities, but they all work on the same basic principle. You pay one or more premiums to an insurance company that invests the money to generate returns, which generally grow tax-free. Then, the insurance company uses those funds to make...
Estate planning is one of the most important things we can do for the people we love most, and it is never too early to start planning how to provide for your family once you are gone. Organizing your affairs in preparation for the end of your life is...