Indicators of Financial Wellness: How Do You Score?
Posted onFinancial wellness is a state of being where you are in control of your personal finances. Financial wellness means you can cover expenses and save for future goals.
Financial wellness is a state of being where you are in control of your personal finances. Financial wellness means you can cover expenses and save for future goals.
As you get closer to retirement, you’ll have many questions to answer, and the answers will differ based on where you work and the timing of your retirement. As a result, it’s best to contact your employer to gather pertinent information about your end-of-work arrangement for an easy transition.
Managing debt is a natural part of life. Whether you use a credit card, own a home, drive a car, or paying for school, there are few people who can afford to pay those big-ticket items in cash up front.
This is a question that many people don’t even think about until it’s potentially too late. If you are in your 20s, 30s, or 40s now is the time to establish good habits with putting money away at an early age to build your nest egg.
2022 will have significant financial distinctions from 2021 that affect almost every retiree and retirement saver to some extent. For example, you’ll notice modifications in your tax rates and deductions, as well as changes to social security.
The recent news of declining Social Security Administration funding has many Americans concerned for their retirement.
Growing up comes with many perks, like living life by your own rules, buying a car, getting a job, living with friends and so much more. While it’s easy to get carried away by the benefits, there are also some financial realities that young adults are faced with as they transition into adulthood.
Saving for retirement is an essential part of everyone’s financial foundation. Unfortunately, many Americans fail to save for retirement when other financial priorities like raising a family, medical bills and starting a business come up along the way.
Whether you’re creating a budget, saving for retirement, establishing a debt payoff plan, or sending your child to college, everyone can learn a thing or two when there are financial experts at your fingertips.
More than half of near-retirees (adults aged 50 to 64) are worried a “great deal” about the Social Security system, according to Gallup, while only a third of survey respondents aged 18-29 expressed a similar concern about the program’s long-term availability…
401(k)s are among the most widely used retirement savings vehicles in America, in part because millions of working adults have access to these defined contribution (DC) plans through their employer. However, 401(k)s are also very popular because many Americans can recognize…