You might be surprised at its potential. An IRA is a retirement savings account, right? Indeed. IRA stands for Individual Retirement Arrangement. Even with that definition, however, there is no prohibition on using an IRA to save for other purposes, such as funding a college education....Read More
Can an IRA Be a College Savings Vehicle?
Affluent investors face unique challenges when putting together an investment strategy. High net worth investors face investment challenges that some would consider unique to their financial status. The fundamental tenets of investing apply just as equally to them as any other investor, but these investors need...Read More
Delegating responsibilities to others may lead to problems down the road. When you are putting together a household, it isn’t unusual to delegate responsibilities. One spouse or partner may take on the laundry, while another takes on the shopping. You might also decide which one of...Read More
HOW MUCH EVERY GENERATION HAS SAVED FOR RETIREMENT According to an annual study by the TransAmerica Center for Retirement Studies, Millennials, not Baby Boomers or Gen Xers, are the most responsible savers.¹ MILLENNIALS (1977 – 1995) Millennials start saving for retirement at age 24 and contribute an average of...Read More