AdviceIQ Articles

  • Are You Your Family’s Bank?

    Your open heart and your destitute relatives can combine to threaten your retirement savings – savings you soon may need. Learn the true cost to your future before you write that well-intentioned check.

    If you’re a baby boomer on the other side of 50, patterns are emerging about how you spend your money – including assets you set aside for retirement. Merrill Lynch recently co-released “Family & Retirement: The Elephant in the Room,” a study of boomers’ contributions to family finances.

  • How to Combat the Wealth Gap

    The shrinking middle class, the tilting of more wealth toward upper income people, rising inequality – all are political flashpoints. But no matter how much you try to address this by tinkering with the tax code or using some other means, no other remedy is better than increased education.

  • How to Maximize Retirement $

    Your quality of life in your last years depends on your retirement savings, such as your 401(k). Such plans give you the best means to bringing you the wealth you will need. But many investors haven’t a clue how to navigate them.

    Your 401(k) or other retirement plan from your employer is your most valuable retirement savings resource – if not your only one. To make use of these tax- advantaged plans to save for your golden years:

  • How Good Market Years Hurt

    Good market runs are misleading. Too often, investors mistakenly think a top-performing year entitles them to refrain from putting away money the following year. These folks are cheating themselves.

    If invested in the stock market in 2013, you saw a nice return on your investments. An amazing year for investors: The Standard & Poor’s 500 rocketed up 29.4% while the Dow Jones Industrial Average rose 23.6%. It’s easy to lose your investing head amid those numbers.

  • Why Is Market Timing Back?

    Somehow, the once-sacrosanct buy and hold philosophy seems passé. Curiously, market timing now is the ticket. How did that happen?

  • Key to Biz Success: A Team

    How do you make your business valuable? By creating a team out of everyone who works there. Instead of a bunch of folks logging their eight hours on the job, you have a committed group that pulls together to realize a common goal. Making that happen isn’t easy. Here’s how to do it.

    In 1968, the first baby boomers turned 22. In 2014, they turn 68. The boomers, and the generation before, created millions of closely held enterprises and professional practices. Succession planning and the sale of business interests is a big topic.

  • How to Pay for College

    Your kid just got into a dream college. Now how do you pay for it?

  • Fed Stimulus to Stick Around

    Don’t expect the Fed to really back off its plan to taper down its stimulus efforts. Too many people still are out of work, and improvement is glacial, at best.

  • Millennials’ Credit Scores

    Your credit score ranks as one of the most important numbers in your young adult life. Here’s what to know as you build one.

    This three-digit number acts as your financial report card, representing your creditworthiness and an indication to potential lenders of the likelihood that you pay debts on time. If you’re a millennial, born in the 1980s and early 1990s, you must start building this indispensable tool of financial adulthood.

  • Cheap and Easy Travel via RV

    When I ask people what do they plan to do when retired, the answer often is: “See new places.” A good and affordable way to do that is becoming a part-time or full-time RVer.

    In my experience, the No. 1 activity most people look forward to when they retire from earning an income is travel. Seeing the world has never been easier. True, air travel is rarely easy or pleasurable, and it can be expensive. With a little planning and work, though, travel can fit easily into many retirees’ budgets.


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