You have been working most of your adult life and now the time has come to start thinking about retirement. You have been saving for this, but what do you know and how does your Social Security come into play? The social security decision you make in your 60s will determine the amount of total income you will receive over your lifetime.
Whether you have substantial resources or live close to your means, a budget can serve as an effective foundation for a savings program. It may be one of the best tools to help you control your personal and household expenses, thereby freeing up income that you can redirect toward savings.
Clearly the UGLY of COVID 19 are all the people who have suffered with this virus and the people that have died. What could possibly be worse than being a seemingly healthy person, talking to the wrong unmasked individual and then contracting the virus?
We are very excited to announce that Rachel Gustafson, CFP® is now a CCPS® (Certified College Planning Specialist). Rachel attained the CCPS® (Certified College Planning Specialist) certification from the National Institute of Certified College Planners. There are fewer than 500 CCPS® in the country.
The time for College applications & the FAFSA has come. This can be a very exciting, albeit stressful time. Where do you apply to? What exactly are the FAFSA & CSS forms you keep hearing about? Where do you even start? I am going to break it down in 3 easy steps.
When you hear the term market sectors or market rotation, what are they talking about? What is a sector and how does that effect my portfolio? The market is divided into three broad categories. 1). Defensive stocks: companies that should do well in good times and bad. They are the essentials of life. 2). Growth companies: ones that are more volatile with great opportunity for gains and losses. 3). Cyclical companies: ones that literally cycle in and out of favor, generally based on the underlying economy. Within each broad category are sectors, companies whose stock is going to trend similarly with good and bad news.
