Do You Know What You Are Currently Saving?

According to credit monkey, the average IRA balance is just over $100,000, and the average 401(k) balance is just under that amount. While that is nowhere near what the average person needs for retirement, it still puts a person miles ahead of the 45% of working-age households that report no savings for retirement. Do you […]

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What Type of Life Insurance Is Suitable for Me?

When it comes time to purchase life insurance, your two main choices are term and whole life. What are the advantages and disadvantages of each, and which one is right for you? Here are a few things that you should know. How Much Can You Afford? Term life is the less expensive option. This is […]

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Have You Built a Financial Plan Yet?

Your financial plan is how you prepare in advance to reach your goals, help your family, and have what you need for a comfortable retirement. But you may wonder how it can be possible to know how much you need and save it up, even over decades of work. Here are a few tips to […]

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Are You Saving Enough for Retirement?

When you ask a financial expert how much you need to save up before you retire, the answer will usually be “as much as you possibly can.” That’s because the real answer is about 20 times what you spend in a year (less any social security or pension you expect). Since that number usually exceeds […]

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How Much Life Insurance Do You Need?

Whether you have a small family, a large one, or you hope to expand your existing family in the near future, you also need to think about how your family would fare if you were to experience a tragic accident. When you consider how much life insurance you need, think about the following three factors: […]

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How to Get Ready for a Pre-College Summer Program

For a high school student who is applying to go to college, a pre-college summer program is a great way to dip your toe in the water and maybe even get a little credit along the way. Before you head to your first dorm room, start a challenging summer course, or enjoy your first parent-free […]

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Parents: Build a Funding Plan that Considers Both College and Retirement

According to financial guru Dave Ramsey, retirement funding should take priority over funding college for your kids. Why does he feel strongly, and is there any way to save for both? Why It’s Smart to Plan for Both Some parents have gone as far as to take money out of their retirement funds to pay […]

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How to Get a Competitive College Profile

College admissions officers are going to be looking at your entire student profile to decide if you are a good fit for the institution. While the essay is really important, we want to take some time to discuss other important aspects of your profile. Here are a few things you can do to boost your […]

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Tips for Benefiting the Most When Visiting Colleges

The college application process can be pretty stressful. Visiting the schools is the fun part. But that doesn’t mean you want to wing it. Here are a few tips to help you plan your college visits so as to get the most benefit from them. Go when college is in session – You want to […]

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Building a College Funding Plan that Works for All Your Kids

Planning to fund college for one child can be a daunting task, but when you have multiple kids, it can seem monumental. We’re going to give you a few tips for ways to save for college when you have to think about all of your children. Education Savings Account (ESA) – This is a savings […]

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