If you’ve been watching the market lately, you may have noticed some turbulence. Changes in trade policies, inflation concerns, global events, and regulatory shifts can all contribute to short-term volatility. If you’re feeling uncertain about your 401(k), you’re not...
Planning for retirement can be confusing: Which investments do I pick? How much do I contribute (always enough to get the match if one is offered!)? What does asset allocation even mean? This process can be complex to navigate even when you just have one option: the...
The world of finance and investments is notorious for its extensive use of jargon. With a goal to enhance financial literacy and make the world of money more transparent, we have our “monthly jargon” articles that focus on debunking financial terms that are often used...
Leaving a job is a big deal, and along with the excitement (or nerves) about what’s next, there’s often a lingering question: What should I do with my retirement account? Whether you have a 401(k), 403(b), or another type of employer-sponsored retirement account,...
We all know we should be saving for retirement, yet many of us still find it challenging to prioritize. Saving for retirement can feel overwhelming—so much so that nearly half of Americans report stress over their retirement preparedness. It’s no wonder, given that...
We all know we should be saving for retirement, yet many of us still find it challenging to prioritize. Saving for retirement can feel overwhelming—so much so that nearly half of Americans report stress over their retirement preparedness. It’s no wonder, given that...
Planning for retirement involves making many important decisions, including what to do with your retirement plan when you leave a job. When it comes to your retirement plan, the decisions you make today can have a major impact on your future. One of the key choices...
Most of us are aware of the importance of saving for retirement, and for American workers, one of the ways to achieve this goal is through a company-sponsored retirement plan. It’s an excellent benefit for employees, but do you know how your retirement investments are...
Making financial planning decisions when it comes to social security can be difficult, especially for investors who want to make sure they are getting the most out of their retirement benefits. Understanding spousal and widow benefits offered by social security is key...
If there is one thing that estate planning attorneys are not lacking, it’s the amount of options they have at their fingertips to assist you, the client, in the disposition of your estate. With all the different options, it can be a bit overwhelming knowing where to...
Social Security is a federal government program that provides benefits to eligible individuals and their families. With over 65 million people receiving Social Security benefits each month, it's no wonder that there are so many questions surrounding the program. Here...
Your company’s retirement plan is a valuable benefit that can get you on track for an awesome retirement. The example below shows an employee earning $40,000/year, paid weekly. Their employer provides a common match of 100% of the first 3% of pay and 50% of the next...
The world of finance and investments is notorious for its extensive use of jargon. With a goal to enhance financial literacy and make the world of money more transparent, we have our “monthly jargon” articles that focus on debunking financial terms that are often used...
Inflation impacts your life in a variety of ways, from the cost of your favorite workout class and preferred lunch spot to your shopping budget and the prices of your weekly groceries. Inflation recently hit its highest annual rate since 1982, earning itself a...
The world of finance and investments is notorious for its extensive use of jargon. With a goal to enhance financial literacy and make the world of money more transparent, we have our “monthly jargon” articles that focus on debunking financial terms that are often used...
The world of finance and investments is notorious for its extensive use of jargon. With a goal to enhance financial literacy and make the world of money more transparent, we have our “monthly jargon” articles that focus on debunking financial terms that are often used...
The world of finance and investments is notorious for its extensive use of jargon. With a goal to enhance financial literacy and make the world of money more transparent, we have our “monthly jargon” articles that focus on debunking financial terms that are often used...
Designating a beneficiary on accounts is one of the most important—yet one of the most frequently neglected—financial planning tasks. Put simply, a beneficiary refers to who will receive your assets upon your passing. Typically, you can name any person or entity a...
If you are considering taking a loan from your retirement plan to bridge a financial gap, pause for a minute. This is a major decision that should not be made lightly, as there are consequences that could affect your ability to fund your future retirement. Here are...
The world of finance and investments is notorious for its extensive use of jargon. With a goal to enhance financial literacy and make the world of money more transparent, we have our “monthly jargon” articles that focus on debunking financial terms that are often used...
Like most people, you probably have a vivid, exciting picture of what your ideal retirement will look like. Maybe it’s spending time with family at a beach house, crossing off the books that have accumulated on your to-read list, or finally being able to volunteer...
The world of finance and investments is notorious for its extensive use of jargon. With a goal to enhance financial literacy and make the world of money more transparent, we have our “monthly jargon” articles that focus on debunking financial terms that are often used...
The world of finance and investments is notorious for its extensive use of jargon. With a goal of enhancing financial literacy and making the world of money more transparent, we are committing to a “monthly jargon” post that focuses on debunking various financial...
With traditional pension plans becoming less common, the 401(k) remains one of the most accessible ways to save for retirement. Think about it—your contributions are deducted from your paycheck automatically, making saving effortless! Because of this, your 401(k) is...
The world of finance and investments is notorious for its extensive use of jargon. With a goal of enhancing financial literacy and making the finance world more transparent, we are rolling out a “monthly jargon” post that will focus on debunking the financial terms...
When first investing in a retirement plan, it can be hard to know where to begin. While you may feel like there’s a lot to manage, you might be surprised at how often you should actually be checking your account. The average investor usually doesn’t need to stress...
This summer, I was thrilled to celebrate my mom’s next step in life’s journey – Retirement. While many people might be yearning for the day they can enter the “work optional” lifestyle, officially taking that step can be very overwhelming and anxiety-inducing. Here...
The use of an employer-sponsored retirement savings account (i.e. 401(k) or 403(b)) is a powerful tool in ensuring you’re saving enough and in the best way for your retirement. Depending on the plan offered by your employer, you could save in a traditional 401(k),...
Do you have questions about how Social Security works? FinPath is conveniently breaking down our in-depth webinar presentations and giving you the advice you need to help with your financial future. Watch these short videos below to get answers to basic questions on...
We're coming into the busiest time of year, and naturally, your schedule may be filling up with family gatherings, delicious food, and year-end adventures. Before you get consumed by holiday parties and egg nog, take a moment and ask yourself these three questions to...
When deciding which type of retirement plan contribution strategy is best for you, the features, benefits, tax strategies, and differences between your primary options – pre-tax (or Traditional) and Roth, can be a daunting task. So, before getting overwhelmed, know...
Most of us have probably been there: An unexpected cost arises or our budgeting strategy doesn't quite work out as planned and we need some extra cash. Fast. For some people, their first thought is: "What about that money I've been saving in my 401(k)?" Many Americans...
After years of playing the saving game leading up to retirement, it's easy to feel like the game is over once you reach that point. Unfortunately, the game is still in play, you're just going to be playing a different position. It's still important to play "defense"...
Our advisors are constantly in contact with employees from all income levels, educational backgrounds, and industries and we see common themes when it comes to the types of questions they are asking us. our Lead Consultants spend most of their time with plan...
You've been working your whole life. You've been (hopefully) saving up for that time when you're no longer trudging through your daily routine of early mornings, work, kids, errands, etc., and can finally bask in the glow of all those years of hard work. But how will...
What comes to mind when you think of Social Security? Chances are, not a whole lot. Or maybe the details are unclear to you. Despite the fact that Social Security benefits are the only guaranteed income most Americans will have in retirement, most of us don't seem to...
Regardless of how much we love our jobs or our line of work, just about all of us look forward to saying "goodbye" when the time comes to retire. Since 401(k)'s and other employer-sponsored plans are the primary retirement vehicles, we bear the responsibility to save...