When you’re trying to cut back on spending, the first things people cut back on are the things that are easily identifiable as unnecessary. If you eat out multiple times a week, get a fancy coffee drink every morning before work, or indulge in weekly manicures, you...
Author: Tom Fleishel
Schedule your consultation with a CERTIFIED FINANCIAL PLANNER™5 Easy Ways to Avoid Retirement Spending Anxiety
If you have a decade or more until you plan to retire and you’re already freaking out about spending your retirement savings, there’s no need to panic. There are some easy things you can do right now that can help prevent a lot of stress and anxiety down the line....
Handling Fear of Spending During Retirement
Today, most retirees depend on a combination of Social Security and distributions from a 401(k) or IRA to pay the bills. Unfortunately, pensions supporting workers into their golden years aren’t commonplace anymore and it can be intimidating to figure out how to...
Five Top Questions to Ask your Financial Advisor
Given the rollercoaster impact of volatile markets and the need to pay attention to what’s happening to your investments and financial plan, clearly understanding the impact of your advisor’s scope of advice and deliverables is critical. Emotions play a large part of...
Finding Financial Independence without Early Retirement
It’s easy to feel like financial independence is out of reach, especially if you know you aren’t on track to retire early, but don’t be discouraged. There are plenty of ways to use the concept of financial independence and apply it to your own life. Most people...
10 Reasons People Go Broke after Retirement
There are a lot of things to worry about when it comes to your retirement savings. Are you saving enough? Will you outlive your nest egg? Can you maintain a comfortable lifestyle? If you’ve had these concerns, you’re not alone. Most people have the same fears....
Too Late to Save for Retirement
If you’re like a lot of folks in your 50s or older and have not saved enough for retirement, there still may be hope. Unfortunately, too many people have procrastinated and erred on the “live for today vs. save for tomorrow” balancing act, hoping things will work...
Are Separate Finances the Solution?
A recent article in the Chicago Tribune[1] provides a glimpse of the troubles money can cause in marriage. According to the article, about one-third of couples, even the happiest ones, argue about finances at least once a month. In fact, 70% of married couples fight...
10 Financial New Year’s Resolutions for Future Success
The start of each New Year inspires hope and enthusiasm for everyone. That’s exactly why so many people use it as an opportunity to make big changes. Some plan to improve their health by quitting smoking or heading back to the gym. Others aim to enjoy life more by...
Three Things to Remember in a Volatile Market
Despite China’s announcement that it would not pursue additional tariffs on U.S. vehicles and the unexpected high performance of both retail sales and industrial production in the U.S., the markets continued their rapid selloff throughout Friday’s trading session. All...
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