We have all heard the warnings: There is a good chance that Social Security will not be available by the time members of Generation X are ready for retirement. I know I’m not counting on it! And if you are even younger? Forget about it. So…
The military is known for turning ordinary citizens into soldiers but not usually for teaching those soldiers about money management and how to handle their personal finances. However, the military did teach Steve Repak, Army veteran and Certified Financial Planner™, all he needed to know about personal finance so that…
Everyone knows that saving money is important, whether it’s for retirement, for emergencies, or just for a rainy day. But if we don’t know why we’re saving money or what we’re saving for, savings strategies become increasingly ineffective. It’s easy to raid your savings when you need extra cash…
With the recession dragging into its fifth year, many people are seeing little to smile about when it comes to their retirement savings. Year after year, the money they invested in the hope that it would grow into a nice nest egg has remained stagnant—or…
If your retirement strategy includes a 401(k), you need to understand the specifics of your plan’s vesting schedule. If you leave your current job to pursue new career opportunities, you still have the right to access your 401(k). However, the vesting schedule may sway your…
Are you buying a home and looking for a deal on a resort property for family summer getaways or retirement? If so, this may be the last season that you can find bargains-of-a-lifetime in some of America’s most popular beach and resort markets. Prices in…