Archive for September, 2012

Finances

Budgeting Basics: Establishing a Household Budget

Budgeting Basics: Establishing a Household Budget

Financial literacy is arguably more important now than ever, but there appears to be a large financial literacy gap in the U.S. today. In a survey conducted by the Financial Services Roundtable, 41 percent of U.S. adults gave themselves a grade of C or worse when it comes to their [...]

by × September 16, 2012 × 0 comments

Finances

Financial Literacy: What Does It Mean Today?

Financial Literacy: What Does It Mean Today?

It could be argued that the world of finances and investing is more complicated today than ever before. For example, unlike past generations that were able to rely on generous company pension plans, many Americans today are primarily responsible for saving for their own retirement. This complexity makes financial literacy [...]

by × September 15, 2012 × 1 comment

Finances, Retirement

Planning for Fun

Planning for Fun

Sometimes when planning for your financial future, you can lose sight of a truth that is always with us: we are living our lives in the present. While it is obviously prudent and necessary to plan for your retirement and for an endowment for your heirs, remember that at this [...]

by × September 10, 2012 × 3 comments

Finances, Retirement

Retirement and the American Dream

Retirement and the American Dream

Ah, the American Dream! In essence the dream is that anyone who has a goal and works hard can make it. Both President Obama and Governor Mitt Romney talked about the American Dream on the campaign trail, but according to a recent survey from the Transamerica Center for Retirement Studies [...]

by × September 8, 2012 × 7 comments

Finances

How to Create a Family Endowment

How to Create a Family Endowment

A family endowment is something that may benefit everyone in a family – including you. The goals of an endowment are simple – accumulate enough assets to allow you to live comfortably off the income during retirement and to maintain and preserve the principle for your loved ones and future [...]

by × September 6, 2012 × 0 comments

Finances, Retirement

Protecting Your Parent’s Assets Along with Your Own

Protecting Your Parent’s Assets Along with Your Own

The goal of many parents is to protect their estates, have some form of livable income, and at the same time leave their children provided for. Adult children can assist their parents in meeting these goals, and at the same time protect assets that may someday be theirs. 1. Recognize [...]

by × September 5, 2012 × 0 comments