Debt is often a big point of contention for many people. However, not all debt is bad debt. Used appropriately, debt can be a vehicle used to grow your wealth. But should it still be looked at this way as you approach retirement?
Early retirement is the dream for a lot of people. The thought of being able to call it quits and to start living life on your terms seems enticing. But usually it's an individuals financial situation that keeps them from getting to that point.
Long-term care is a subject that is becoming more and more talked about in the world of finance. The odds of an individual needing any sort of long-term care are much greater than the odds of a person passing away early in life. For this reason, long-term care insurance policies are growing in popularity.
401(k)'s are a popular retirement savings vehicle. If you find yourself working for a decent size employer, chances are you will have the opportunity to take advantage of one. But how do you know if you're utilize your 401(k) to the best of your ability?
What happens when you find yourself holding more money than you know you should inside your bank accounts? It can be tricky trying to figure out how to utilize your cash when you find you've accumulated to much of it inside of your bank accounts. In this video, I share 3 ways you can utilize excess cash to different areas of your financial life.
2021 could be the last year many popular tax planning strategies will be available if newly proposed tax law changes go into effect. So what does this mean for pharmacists? In this video, I outline 3 opportunities to look for before the end of the year!
How can you instantly improve your overall financial wellbeing? Start with identifying what your core values are as a person. Making sure your core values and your money are in alignment will help create more financial fulfillment in your life.
Summertime is usually the season of travel, vacations, and fun! But with all that excitement, it can also mean excess spending. If you find yourself in this situation, it's ok! Use these 6 tips to get yourself back on track after a summer of over spending!
Inherited money can be a complicated process if the money you are inheriting is located in a retirement account. IRAs, 401ks, etc. all have their own specific rules you must follow at the inheritor. The majority of the time, people will contact the custodian and request a check.
When determining how you are going to help your child pay for their upcoming college education, you may find yourself with a funding gap. This gap is the result of the the difference between what it will cost and what you anticipate being able to afford. When this happens there are 3 options families can pursue to fill that gap. First, taking our student loans. Second, having the child take a gap year. Third, is attending a less expensive university. In this video we explore more of these options and what college bound families need to consider.
Planning for college is hard. It can be tough to figure out where you are going to find the money to pay for your kids' education. If this sounds like something you are experiencing, you should start by answering these 4 critical questions.
Are you a family with multiple kids in college or plan to have multiple kids in college? There is a significant change happening in 2023 that could impact the amount of your families "Expected Family Contribution".