The beginning of a new year brings hope, optimism and a list of new year resolutions, many of which fizzle out after several weeks. Improving areas of our personal finances often falls at the top of the list of new year resolutions. Let's make 2022 the year that you stick to those goals and set yourself on the path toward a stronger financial future.
With so many unknowns about retirement, just thinking about it can be overwhelming. Where will I receive income from? When should I claim social security? Do I have enough financial resources to maintain my current lifestyle? These are all common and reasonable thoughts, but with proper planning you can remove the uncertainty and have a clear plan!
Have you recently changed jobs and are unsure of what to do with your old 401(k)? This is a pivotal decision which can have extreme financial consequences. Do not be like the masses who forget about their old employer plans or cash them out. Instead take it with you through a 401(k) rollover.
Retirement planning is one of the most important steps an individual or couple can take, as there is a lot on the line. But too often people fail to adequately prepare for their retirement. A financial advisor can be an invaluable resource when it comes to your retirement planning.
If 2020 has taught us anything, it's that you should always be prepared for the unexpected. Now that this year is behind us, here are 8 ways that we should treat our money differently and plan for the future.