Are you one of the dwindling number of American workers with access to a traditional pension? Pensions are most commonly offered to public sector employees, but some private corporations also provide them. And for most people who have these, the biggest decision they must make is how to withdraw the money. Should you opt for monthly checks or take out a lump sum? To help you choose the best option for yourself, here are the pros and cons of the four most common choices.
When it comes to your wealth, you want to make sure that it is well taken care of. You want to be sure that it grows and multiplies over time and that you are doing everything possible to protect it. But sometimes, even with the best intentions, you can find yourselves making mistakes when it comes to managing your money. This is where a professional wealth manager can come in and help.
Are you one of the many Americans who have discovered that their parents have little planned or saved for retirement? If so, you may need to take some steps now to help both you and your parents formulate a plan that will work for all. Here are a few steps to consider.
1. Meet With a Planner.
A financial planner is a valuable resource when you and your parents aren't sure where to start.
Do you want to upgrade your home to a significantly larger one? Whether it's your dream home or just a way to better enjoy all your hard work building financial independence, a luxury house is something most people want but few may be able to afford. How can you know if you're in a good position to level up your housing? Here are five indicators to discuss with your financial planner.
