Summer is a busy time for many of us. While some things on your to-do list might get pushed to the side, your mid-year financial checkup shouldn’t be one of them. Set aside some time to sit down and look at how your financials have performed during the first half of the year. Make any required changes and you’ll be on the right path for a strong finish to 2017.
A death in the family, the sale of a start-up company in which you have stock, or an outsized profit on a home sale can put sudden and significant wealth into your hands. When this happens, it’s important to know what to do first. Since sudden wealth is financially complex, finding an advisor who can help navigate this is an important starting point.
"Retirement" is a loose term -- the mid-20th century idea of dismounting from a bustling career into a life of leisure no longer exists, and many adults who are "retired" continue drawing income at ages where previous generations had pulled out of the workforce.
You should know about these rules help prevent financial advisors from taking advantage of you.
Whether you worry about losing your job to a robot, a recession, or just regular changes at your employer, you should always be prepared to withstand a period of unemployment. But by taking the time to prepare for a future job joss, you can minimize your losses between jobs.
Many Americans consider tax season to be one of the most worrisome times of year--in large part because they don't know how the math will work out when they crunch the numbers on their annual return. Working with a CPA or accountant can help ease the pain--and these professionals can also provide valuable financial planning advice and business strategy so you minimize taxes owed and maximize resources.
Scholarships are often a significant part of financing a child’s college education, along with financial aid, grants, and loans. Find out how college scholarships affect your taxes and if you even have to claim them on your tax return.
Reverse mortgages can play a strategic role in financial planning for investors who want to age in place, or who want to postpone or take only modest withdrawals from traditional retirement accounts so as to preserve capital for themselves or heirs.
The queer community is getting married and starting families more than ever. To keep those marriages happy, we must consider the financial and tax consequences of same-sex marriage.
With emotions running high, you need to focus on the aspects of your finances you can control. No matter what happens, a good dose of serenity, courage, and wisdom will help keep your financial plan on track well beyond the first 100 days of the new Presidency.
Before you sell your house and pack your bags to retire abroad you will need to make sure you have your finances, banking needs, healthcare and tax considerations well planned out.
Happy New Year! I hope that 2016 was rewarding for you personally, professionally and financially. With the year finally in the books, I think we can all agree that it was one for the ages. Through all its ups and downs, GuideVine was proud to serve people with the financial Read more…
With vacations, holiday celebrations and gift buying, and family gatherings, it can be easy to neglect several gestures that could have important financial impacts on your nest egg or tax bill in the coming year. But financial advisors say that’s a mistake.
When spotting a lousy 401k plan you can start by looking at your investment choices and administrative fees. No regular 401k statements? Another red flag you should be aware of. If you suspect you might have a third-rate 401(k) plan, there are a number of things you can do.