Wisconsin 529 Plan – What You Need To Know
Any time I talk to clients about saving for their child’s college education, we end up discussing 529 plans. 529 plans are state-based college savings accounts. The difficult part is that every state...
View ArticleThings To Consider BEFORE Co-signing A Student Loan
The number of parents and grandparents co-signing student loans is on the rise. As college costs rise, students may be forced to take out student loans in order to afford their degree. Banks and credit...
View ArticleQuestions To Ask When Interviewing A Financial Advisor
When answering a prospective clients questions about my financial planning firm, I was reminded how difficult it is to interview a financial planner. Asking the right questions is important, but so is...
View ArticleThe Dangers Of Oversaving – Yes It Is A Word!
Every time I type the word oversave into Microsoft Word, the ugly red line appears to let me know the word doesn’t exist. But when I type overspend, no red line appears. As a society, we recognize and...
View ArticleHow Can I Reduce My 2012 Taxes? Make A Traditional IRA Contribution!
December 31st came and went, so now it is time to file your 2012 tax return. You may have plugged the numbers into TurboTax and not liked what you found. Is there any way to reduce your tax liability...
View ArticleBalancing Retirement With Supporting Adult Children – Money Magazine
How many times have you heard “I will start saving for retirement once I get my kids through college”? I hear it at least once a week from prospective clients that have fallen into the trap of...
View ArticleHow Do I Start Saving? 5 Tips To Get Started Today!
Very few people get really excited about saving money. Sure, there are some people out there that really love it, but for the rest of us, it just isn’t all that fun. Most would rather spend our money...
View Article5 Changes to Make to Your Estate Plan When You Have a Baby
Estate attorney Michael F. Brennan talks about changes new parents should consider making to their Estate Plan in this Guest Post Calling life hectic after the birth of a child is one of the sure...
View Article3 Tips To Balance Retirement And Education Savings When You Have A Child
New parents often wonder how they are going to balance saving for their kids’ college education and their own retirement. There isn’t always enough money to fund all of their goals, and they are...
View ArticleNew York Life cuts initial deposit for annuity to attract youth – InvestmentNews
New York Life has lowered the initial deposit required to obtain a deferred-income annuity from $10,000 to $5,000 in hopes of attracting younger investors. The question is, should young investors care?...
View ArticleWhat to do when your debt is bigger than your salary
What do you do if you have $115,000 in debt and a $100,000 income? Credit.com reporter Christine DiGangi called to ask what I would recommend to a client in this situation. While carry some debt isn’t...
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