This article discusses steps that parents can take to build wealth while raising a family.
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WEALTH BUILDING STRATEGIES WHILE RAISING A FAMILY
December 11, 2023THE TWO FACES OF DEBT
November 3, 2023
Understanding Good Versus Bad Debt Can Help You Make Smart Financial Moves
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The High Price of Financial Illiteracy
October 23, 2023Common financial mistakes add up—and can be costly!
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CLEARED FOR TAKEOFF
September 22, 2023
Planning To Retire Within Five Years or so? Include These Three Exercises in Your Flight Plan
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Lessons in Money
July 5, 2023
Children are like wells waiting to be filled with information.
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FINANCIAL TRAPS TO AVOID
June 13, 2023
There’s a reason why even athletes, entertainers, and business people with seven-figure (and higher) incomes suddenly find themselves filing for bankruptcy. Money mismanagement can eat through even the biggest bankrolls. Here are some specific threats to financial stability that people can avoid to help effectively manage their wealth.
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CONSIDERATIONS WHEN PURCHASING LIFE INSURANCE
May 31, 2023
There are a number of different life insurance products and features to consider when evaluating plans.
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BEYOND RETIREMENT: CONSIDER YOUR OTHER GOALS
May 22, 2023
When it comes to financial stability, people tend to focus on paying off debt and saving for retirement. In reality, many other financial goals beckon to individuals during their lifetime. Because of this, it’s important to look beyond retirement when setting targets, no matter how old you are.
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WHAT HAPPENS TO YOUR RETIREMENT PLAN WHEN YOU SWITCH JOBS
May 1, 2023
Congratulations on your new job! As you navigate through a new onboarding process, you stop suddenly when you get to the discussion of retirement plans. And then you think: What about my plan at my previous employer? What do I do with the money in that account?
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PLANNING FOR HEALTH CARE IN RETIREMENT AT ALL STAGES
May 1, 2023
No matter when you plan on retiring, health care costs impact your budget at every stage of life.
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Investing is a lifelong process
April 11, 2023
Investing is a lifelong process, and the sooner you start, the better off you may be in the long run.
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RETIREMENT LEAVES YOU WITH A FINITE AMOUNT OF MONEY. BE SMART AND MAKE A PLAN.
April 3, 2023
Many retirees share the common dread of outliving their money. Besides being psychologically debilitating, the fear of going broke can cause you to overly constrain your retirement lifestyle. On the other hand, not preparing properly can lead to overspending and unpleasant consequences as you age.It all starts with a budget. A budget isn’t a token exercise—it is a serious tool to help you manage your money and safeguard your future. Start with your anticipated income, including Socia
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Start Your Day Off With Water
April 3, 2023
Start Your Day Off With Water (and Keep the Drinks Coming)When was the last time you reached for a glass of water first thing in the morning — instead of getting your caffeine fix? You probably already know that staying properly hydrated throughout the day is a basic rule of a healthy lifestyle. It balances chemical processes in the brain, keeps your organs functioning properly and aids in recovery after a tough workout. In addition, there may be something extra beneficial to drinking a gl
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GONE PHISHING: PROTECTING AGAINST ONLINE ATTACKS
April 3, 2023
Identity theft compromises the personal data of millions of Americans every year. There are steps you can take to minimize your online risk and protect your sensitive data from cyber-attacks.
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ELIMINATE THE GUESSWORK
February 17, 2023
Creating an estate plan is a key component of achieving financial wellness
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WORKING WITH A FINANCIAL PROFESSIONAL
February 13, 2023
Working with a financial professionalTracking #1-05218125Exp. 5/2023 Your financial professional is an experienced financial professional who will help you work toward your financial goals. Here’s how to optimize that critical relationship. The financial world is a complex one to navigate. New investment products, global investing opportunities, employee-driven 401(k)s — these (and many more) collectively underscore the value of seeking professional financial advice.&
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Smart Shopper
January 30, 2023
RP-808-1122 Tracking #1-05348749 (Exp. 12/23) Smart ShopperKeep Your Money Safe With These Online Shopping Security TipsThe 2022 holiday gift season is now in the rear-view mirror. If you’re like many other people, chances are you did a good amount of shopping online. After all, online shopping can be easy and fun. But unfortunately, there are many scammers who want to steal your identity and money. According to a January 2022 Federal Trade Commission report, more than 95,000 people r
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Pay It Forward
January 18, 2023
You started early and have saved hard in your 401(k). You’ve also paid close attention to your investing strategy over the years. And you definitely understand the benefits of tax-deferred compounding over the long term and the potential for growth. Heck, you’ve even remembered to change your account password every 90 days. Maybe now it’s time to pay it forward and pass along some of your retirement savings wisdom!
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MEDICARE OPTIONS DURING RETIREMENT
December 12, 2022Americans 65 years of age and older face a number of choices when it comes to Medicare healthcare coverage. We look at the top considerations
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CONSIDERATIONS WHEN PURCHASING LIFE INSURANCE
December 12, 2022
There are a number of different life insurance products and features to consider when evaluating plans.
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FINANCIAL CONSIDERATIONS DURING A DIVORCE
November 20, 2022
A divorce can have a profound impact on your finances. We outline key considerations for maintaining your financial health as you proceed through the process. No matter whether your divorce is amicable or contentious, it can have a profound impact on your finances. There are myriad rules and regulations to consider; we outline some of the most significant and how they could impact your assets.
This material was prepared by LPL Financial, LLC
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MAKING SENSE OF YOUR ROTH 401(K)
November 20, 2022
There are specific rules addressing distributions and rollovers of a Roth 401(k), which combines features of Roth IRAs and a traditional 401(k). We offer an overview of the key considerations.
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TAX RELATED IDENTITY THEFT CRIMES
November 6, 2022
Criminals are stealing taxpayers’ identities and committing tax-related crimes. There are steps you can take to keep your personal information protected.
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MANAGING A BUDGET DURING YOUR RETIREMENT
November 6, 2022
Tracking # 1-05125160Exp. 03/2023 Retirees face a critical task in managing their income and expenses to ensure that they can support their lifestyle and any healthcare costs. Unless you have accumulated substantial wealth where money is not a concern, you face a critical task when you reach retirement to make sure that your assets will support you through your lifetime.When you retire and no longer earn an income to pay for your bills and living expenses, developing and adhering
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Year-End Tax Planning Tips
October 24, 2022
You may be able to reduce your tax liability if you consider adopting these tax strategies before year’s end.
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Optimizing Required Minimum Distributions
October 24, 2022
Required minimum distributions take on added urgency as you approach (and reach) age 72, with specific rules and tax implications.
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What Happens to Your Retirement Plan When You Switch Jobs
October 10, 2022
When switching jobs, there are a number of considerations for what to do with the money in your previous retirement plan.
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Wealth Building Strategies While Raising a Family
October 3, 2022
This article discusses steps that parents can take to build wealth while raising a family.
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Taking a Hike
September 23, 2022
Unless you live on another planet, you are fully aware of this thing called inflation — whether you’re at the grocery store, a gas station, buying clothes online, hiring a contractor or doing almost any other thing that requires spending money for something. Earlier this year, the Federal Reserve started raising interest rates to rein in inflation, which reached another 40-year high in June. By raising rates, the Fed hopes to slow the economy and inflation
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Get Into Your Rhythm
September 21, 2022
Your Body’s Clock Can Help You Maintain a Healthy Lifestyle
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Making Vacation Easier on Your Wallet
September 21, 2022
This article describes simple tips that can help you save money when planning a vacation.
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Wake up Call
August 29, 2022
What’s your current morning routine? Maybe it goes something like this: mutter an expletive as the alarm goes off, begrudgingly pull yourself out of bed, throw on a robe and take the dog out, while suddenly realizing that you forgot to set up the coffee maker last night (again)? Or maybe it’s something like this: you don’t mutter an expletive at the alarm clock (because you already woke up at 4 a.m. and couldn’t go back to sleep), pour yourself some coffee (because you did remember to set it up
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Making Sense of Your Credit Score
August 29, 2022
Understanding the value of your credit score and taking steps to maximize your credit rating are important for improving your financial health.
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Making Sense of Medicare
August 15, 2022
With its four distinct parts, Medicare can be an alphabet soup of complexity. We provide an overview of the various components and how they impact your healthcare costs.
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Finding the Right Credit Card For You
August 9, 2022
This article discusses the factors to consider when choosing a credit card.
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Global Grub
August 3, 2022
We all look for healthier ways to eat from time to time, or just expand our food horizons. If you’re looking to shake things up a bit, consider incorporating some of these healthy eating habits from other cultures around the world.
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Find Your Happy Place
July 22, 2022
Follow these three tips to help reach a state of happiness on a daily basis. Do you find that happiness is hard to come by on some days? With all the challenges of the past year, it’s sometimes just easier to find imperfections in everything and let crankiness rule your day. However, if you want to boost your mood and positivity, here are three things you can do to help find your happy place. “There is no key to happiness; the door is always open.” – Mother Teresa
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Considerations When Purchasing Ife Insurance
July 20, 2022There are a number of different life insurance products and features to consider when evaluating plans.
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Common Retirement Investment Mistakes
July 12, 2022
There are a few common retirement investment mistakes to keep in mind as you seek to maximize your savings and investments.
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The Lowdown on Health Savings Accounts
July 1, 2022
It’s more likely today that you’ll live longer than your grandparents did. The flip side is that you may spend far more on doctors’ bills and treatment for chronic illnesses than previous generations. With healthcare costs continuing to rise along with life expectancies, health savings accounts (HSAs) are an increasingly popular way to bridge the retirement and health savings gap.
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Catching a Phish
June 29, 2022If you spend any time online, you’ve probably been the target of a phishing attack. This is when a scammer pretends to be from a reputable company to get you to reveal personal information they can use for their own gain. They do this through a number of communication mediums, including emails, website pop-ups, text messages and even mobile apps. Here are some tips to help you spot the most common phishing scams and take the necessary steps to avoid trouble.
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Caring for Aging Parents
June 23, 2022
There are important steps you can take to help your aging parents find living and health care assistance, as well as to secure financing for the cost of the care.
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Caring for Aging Parents
June 23, 2022
There are important steps you can take to help your aging parents find living and health care assistance, as well as to secure financing for the cost of the care.
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Caring for Aging Parents
June 23, 2022
There are important steps you can take to help your aging parents find living and health care assistance, as well as to secure financing for the cost of the care.
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Budgeting For a Family
June 13, 2022
If you’re expecting your first child, establishing a budget that includes your growing list of expenses is important for helping you manage your finances.
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Appetite for Risk
June 13, 2022Investing is a risky business. Understanding the different types of investment risk and the impacts they play on returns is critical for planning a successful, long-term investment strategy.
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Begin Investing While Young
May 31, 2022You’re never too young to begin building an investment portfolio.
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Breaking Down the Real Costs of Purchasing a Home
May 31, 2022You’re finally ready to move up from your rental unit to your own home. Before you start searching for a home, understand how much money you’ll really need. Be prepared for the myriad expenses that you must add to the purchase price to see the whole picture.
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6 Charts Focused on the Long Term
May 31, 20226 Charts Focused on the Long Term
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Appetite for Risk
May 31, 2022Many prospective investors eventually shy away from a commitment when they hear the dreaded “R” word: risk. By itself, risk is innocuous, carrying no special meaning or predictive result. But the idea that investing one’s money is not foolproof; that there are risks involved, and that a return is speculative — the very idea is enough to burrow one’s savings into a secure bank account that earns a predictable interest rate (never mind that the figure is minuscule by any metric).
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Beyond Retirement: Consider Your Other Goals
May 9, 2022Retirement savings isn’t the only financial goal you might want to consider in a lifetime. There are other considerable milestones that you want to take into account as well.
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How to Manage Your 401(K) When You Switch Jobs
May 9, 2022This article considers all options for managing funds in a former employer’s retirement plan.
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Financial Traps to Avoid
May 9, 2022There’s a good reason so many athletes, entertainers and business people who made seven figures and higher suddenly find themselves filing for bankruptcy. Money mismanagement can eat through even the biggest bankrolls. Here are some specific threats to financial stability that people can avoid to help effectively manage their wealth.
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In the Driver’s Seat
May 9, 2022When it comes to investing for retirement, it’s up to you to decide how to manage your plan
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IRA 101: Know the Facts
May 9, 2022If you own an IRA, then you should be as familiar as possible with the rules that govern your account.
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Saving for college isn
May 9, 2022Retiring Debt When You Retire
May 12, 2021When it’s time to retire, it’s important to find ways to minimize your debt.
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Making Sense of Your Roth 401(k)
May 6, 2021There are specific rules addressing distributions and rollovers of a Roth 401(k), which combines features of Roth IRAs and a traditional 401(k). We offer an overview of the key considerations.
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When's the Right Time to Retire?
April 29, 2021This article discusses the factors you should look into when deciding when to retire.
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Investing for the Future
April 26, 2021When building a retirement nest egg, focus on preservation as well as growth.
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Record Gains and New Highs: There Is Some Good News, After All
April 20, 2021Do you feel like you spent the last year gripping the steering wheel and waiting to see what would happen? You aren’t alone. Still, as we collectively look ahead and the chaos wanes, bits of good news are emerging.
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Grow Your Financial Garden
April 9, 2021Cultivating a realistic budget can help you harvest a better financial future.
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Forward Thinking
April 7, 2021Five ways to keep moving forward in the age of social distancing.
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Making a Vacation Easier on Your Wallet
April 6, 2021This article describes simple tips that can help you save money when planning a vacation.
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COVID-19 Impacts Retirement Prospects for Each Workforce Generation
March 29, 2021Millennials started out behind in some respects, coming of age as they did during the Great Recession. They watched their parents struggle through the financial challenges of that time, then entered the workforce well-educated but with a huge amount of student loan debt.
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Spring Cleaning
March 24, 20218 Tips for Tidying Up Your Personal Finances.
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Recognizing and Avoiding Online Scams
March 21, 2021Identity theft affects millions of Americans each year. Learn the risks and how you can protect your sensitive data from cybercriminals.
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A Date with Destiny
March 21, 2021As you travel the savings road toward retirement and beyond, certain key dates will pop up. Some of these dates are critically important to your retirement planning efforts. Taking the right retirement planning steps as you reach each of the following age milestones could help you maximize your income, minimize your taxes and avoid penalties.
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VA Home Loan: Benefits and Costs for Veterans in 2021
March 9, 2021VA loans offer a simple and effective pathway to homeownership for military members and veterans. By taking advantage of this type of loan, those who have honorably served or are currently serving in the U.S. military can open the door to their next home without a down payment, private mortgage insurance or even a perfect credit score.
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Five Common Investment Mistakes When Planning for Retirement
February 26, 2021Only about 23% of American workers say they are "very confident" they will have enough money to live comfortably throughout retirement. To help reduce such uncertainty in your life, consider these five common investment pitfalls – and how you might avoid them.
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How to Reduce Your Credit Card Debt
February 18, 2021As of 2020, the average credit card balance has reached over $6,200. It is not uncommon to see credit cards with interest rates as high as 24%, and the higher the rate, the more you will pay over time if only paying the minimum amount per month. As those who follow this advice can share, the balance never seems to go down. In fact, it often climbs much higher because of the interest and even late fees. So what can you do to pay down a high balance?Step 1: Consolidate DebtThere are several banks
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Wealth Building Strategies While Raising a Family
February 18, 2021This article discusses steps that parents can take to build wealth while raising a family.
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How to Manage Your 401(k) When You Switch Jobs
February 4, 2021This article considers all options for managing funds in a former employer’s retirement plan.
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Begin Investing While Young
January 28, 2021There’s a simple word that has profound implications for savings and investing: compounding. Like a snowball that grows as it rolls down a hill, compounding provides the potential for your money to grow, reinvesting your investment earnings.
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Finding the Right Credit Card for You
January 22, 2021With so many credit cards available, it’s not surprising that careful thought is required to decide which one to select. Here are some factors to consider when choosing the card that suits you best.
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IRA 101: Know the Facts
January 20, 2021If you own an IRA, then you should be as familiar as possible with the rules that govern your account.
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Beyond Retirement: Consider Your Other Goals
January 15, 2021When it comes to financial stability, people tend to focus on paying off debt and saving for retirement. In reality, many other financial goals beckon to individuals during their lifetime. Because of this, it’s important to look beyond retirement when setting targets, no matter how old you are.
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Financial Traps to Avoid
January 7, 2021There’s a good reason so many athletes, entertainers and business people who made seven figures and higher suddenly find themselves filing for bankruptcy. Money mismanagement can eat through even the biggest bankrolls. Here are some specific threats to financial stability that people can avoid to help effectively manage their wealth.
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What does it cost to meet and how do you get paid....
February 13, 2019What Does it Cost To Meet And How Do You Get Paid?This is a great and important question, and we will spend time in our first meeting talking about this and making sure you understand and are comfortable with how our compensation works and let you decide which method is right for you. No Meeting Fees At Harborfront Financial we believe everyone deserves access to sounds financial advice, so unlike many firms we don't charge a fee for time spent meeting with you. We don't char
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