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The Real Answer to Your Financial Questions: It Depends
Brett Sebion, Financial Coach  – November 19, 2024
When it comes to personal finance, one of the most common—and frustrating—answers you’ll hear is, “It depends.” Whether you’re asking about the best way to invest, how much you should save for retirement, or how to minimize your tax burden, the response is often the same. And while “It depends” might seem like a cop-out, […]
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Take a Retirement Test Drive
Heather Jordan  – November 15, 2024
When we think about retirement, we often focus on financial readiness. But an equally important aspect is how you’ll spend your time. Without the structure of a job, it’s essential to have a plan for how you’ll spend your time. One way to prepare is to test-drive your retirement lifestyle before making the big leap. […]
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A Primer on Dividends
Brett Sebion, Financial Coach  – November 04, 2024
When looking for income-generating investments, some investors turn to dividend-yielding stocks. When a company makes a profit, that money can be put to two uses: Dividend Ratios Investors track dividend-yielding stocks by examining a pair of ratios.1 Dividend per share measures how much cash an investor is scheduled to receive for each share of dividend-yielding […]
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Catch-Up Contributions
Heather Jordan  – November 01, 2024
Saving enough money for a comfortable retirement is likely one of your primary financial goals. However, with so many demands on your finances, it’s easy to get off track. If you’re 50 or older and want to make up for lost time, tax laws allow you to ‘catch up’ on your retirement savings. You can […]
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The Average American Budget
Heather Jordan  – October 28, 2024
According to the Bureau of Labor Statistics, the average American household earns an average of $82,852 a year before taxes and spends almost 80% of their available income on basic necessities such as housing, food, and clothing. So, how does your household compare? Housing The average American spends roughly 33% of their income on shelter. […]
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For 401(k) Plan Participants, Consistency is Key
Brett Sebion, Financial Coach  – October 23, 2024
Recent research1 from the Employee Benefit Research Institute (EBRI) and the Investment Company Institute (ICI) found that 401(k) plan account balances increased significantly between 2016 and 2020 for participants who made regular and consistent contributions to their plan accounts. The study reinforces just how helpful it is for plan participants to contribute consistently to their plan […]
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