The pandemic may have pushed you to save money with all the uncertainty out there about making ends meet, but financial experts say it could also pose a risk to our economy’s recovery. Linda Kobler just got back to work at the Naples Soap Company, and though business is back in action, she said her […]
Category: Personal Finance
The Most Important Retirement Chart You’ll Ever See
When it comes to planning your retirement, one single number matters more than any other: the length of time you need to plan for. If you knew exactly how long your retirement would last, planning would become substantially easier, and you would be able to eliminate a lot of potential risk of either over- or […]
Small changes can make big impact on retirement plan
Statistics related to retirement can be downright discouraging. About 45 percent of Americans say they worry every day or almost every day about saving enough money to retire, according to the Pew Research Center. Meanwhile, 28% of Americans in their 60s and 37 percent in their 50s have less than $50,000 in retirement savings, according […]
7 Ways To Retire With $1 Million
How can you retire with $1 million in assets? It’s easy… if you start with $3 million! All kidding aside, the best answer is to make a plan that achieves the savings necessary to get to $1 million. We can help you formulate that plan using the following seven tips. 1. Make Saving and Budgeting […]
Real estate is still a popular investment pick. Here’s what you need to know about buying in a downturn
The coronavirus pandemic has made us all a lot more familiar with our homes. But it has also thrown up a great number of questions over the future of the property market. While global markets were thrown into turmoil in the early days of the outbreak, the property market, broadly speaking, has remained resilient. As […]
3 Unexpected Sources of Retirement Income
Planning for retirement means taking steps to ensure that you’ll have enough money to cover your living expenses when you’re older. Now there are some income sources you probably know you can count on in retirement. First, there’s Social Security. Though there’s talk of benefits being cut in the future, the program is by no […]
Why it might not be such a crazy idea to start a company right now
For many people, starting a company in the midst of a global economic crisis is the last thing on their lockdown to-do list. But it might not be such a crazy idea. According to entrepreneurs and start-up investors CNBC spoke with, now might even be the best time to start thinking about setting up a […]
3 ways to correct a Social Security mistake
Did you file for Social Security before full retirement age and now think you made a mistake? If that’s the case, don’t despair. For those who find themselves wishing that they did not take benefits early, there may be options to rectify the situation, says Brian Vosberg, a certified financial planner with Vosberg & Associates […]
34% of Retirees Are Spending More Than Expected
A big part of planning for retirement involves setting up a budget ahead of time to get a sense of what your spending will look like once your time in the workforce comes to an end. That way, you can properly assess your savings and make sure you’ll have enough income available to cover your […]
6 Ways to Get Health Insurance When You’re Unemployed
AS MILLIONS OF PEOPLE lose their jobs because of the coronavirus pandemic, they’re also losing their health insurance – at exactly the time when they may need the coverage to help pay for care if they end up getting sick. If you lose your health insurance when you lose your job – or if you didn’t have health […]
With boomers coming of retirement age, multi-generational housing trend grows
With millions of baby boomers coming of retirement age over the next decade — at a rate of 10,000 per day, according to estimates — new-home builders are seeing the rise of a new trend: multi-generational housing. Heather Ryan and Renee Pratt of Rotelle Studio, a custom home builder based in South Coventry Township, Chester […]
5 Ways To Save Money On Your Cell Phone Bill
Cell phone bills form a large portion of one’s monthly budget. According to a study done by J.D. Power and Associates, the average family in the United States spent approximately $157 on their cell phone bill each month in 2017, or $1,884 throughout the year. That is a big chunk of change to spend, which […]