When Should You Claim Social Security?

One of the most common retirement planning questions we receive is the one about Social Security: Is it better to claim Social Security benefits as soon as possible, or to delay? As with most retirement planning questions, the answer isn’t the same across the board....

The Financial To-Dos of Having a Baby

Having a baby and growing your family is a very exciting time for any new parent or parent-to-be—and there are some pretty significant things to consider outside of simply getting the nursery ready and picking out a stroller. There are studies showing that each child...

Weighing the Benefits of a 529 College Savings Plan

Parents of young children face a daunting prospect: Setting aside a college savings account for their kids, despite a daily onslaught of headlines about the rising cost of school tuition. Certainly, the future of academics is an open question, yet the need for careful...

Beware These Hidden Retirement Costs

There are many reasons to enlist the help of a financial professional as you plan your eventual retirement. One of these reasons is that a financial professional can help you consider all contingencies—including hidden or surprising retirement costs. These unplanned...

Managing Money in Early Retirement

As we’ve noted before, retiring can feel like a culmination—the culmination of your working life and also of your careful financial planning—but that doesn’t mean it’s the end of the line. Even once you put in your notice and leave the workforce, you still have to...

Make Your Financial Resolutions Stick

We’ve arrived at the part of the year in which most of us have seen our New Year’s resolutions peter out altogether—our best intentions for improved health, diet, fitness, and time management largely forgotten. This is true of many financial resolutions, as well. On...

How to Formulate a Retirement Spending Plan

Contrary to conventional thought, retirement planning is not something that ends once one actually leaves the workforce and starts chipping into the nest egg. Many pre-retirees are under the impression that retirement planning is what you do on your way to...

Managing Your Retirement Income

Retirement is something that many of us look forward to all our adult lives. We plan for it, daydream about it, and hope for it to be healthy, enjoyable, and financially secure. When the big day comes, though, and you make the transition from regular paycheck to none,...

Don’t Stress During Your Retirement

Following on the heels of several decades of hard work, retirement is supposed to be a season of rest, of relaxation, and of fun—with copious amounts of time spent on family and on various leisure activities. What derails many retirements is stress. A retirement that...