Financial Planning

How to find the best online financial advice


If you’re looking for online financial advice, there’s plenty to be found. But with so much planning, there are a lot of variables, and no amount of money will be right for everybody.

A recent article on USNews.com provides five questions prospective retirees need to ask themselves when they are planning for retirement. If you ask these questions, you'll be on your way to finding the best financial advice online.

Haven't saved a penny for retirement? You're not alone


Saving for retirement can be scary. The stock market rises, then falls, along with your retirement funds. And how much money do you need? How long will you live?

These questions aren’t easy, but if you’re saving for retirement – saving anything, really – you’re in far better shape than many other people.
As reported recently in the Globe and Mail newspaper, nearly one in three Canadian youth between the ages of 18 and 34 haven’t saved anything for retirement.

Miss a property tax payment? You might lose your house


Home ownership is one of the central features of the American Dream, but countless American seniors may be at risk of losing their houses over just a few hundred dollars in unpaid taxes, reports the New York Daily News.

According to a report from the National Consumer Law Center (NCLC), little-known state laws allow municipal governments to repossess from seniors and other vulnerable individuals and sell them to banks and investors, who then in turn sell those properties at huge properties.

Are annuities right for you?


The recent recession which began in 2008 took a toll on millions of Americans. Many people lost their jobs, their houses, and faced higher bills while taking home smaller paychecks. It’s scary to work every day and still worry that if anything unexpected happens, the financial future of you and your family may be in jeopardy.

Thankfully, there are solutions.

What's your magic retirement number?


How much money have you saved for retirement- and how much do you think you need? The numbers can be dizzying, but a new article from MarketWatch.com shares 6 tips retirees need to keep in mind which will help them better prepare for retirement.

1/ There is no magic number: It’s not a million dollars anymore; there’s no amount of money for retirement savings which is right for everyone. It depends what your income in retirement is.