Parents’ lives change the minute their child is born. Once the excitement wears off, they start to see how their financial situation has changed as well. Their human nature is to sacrifice greatly for the betterment of their children. As parents, they need to manage those sacrifices, so they do not end up sacrificing their retirement goals as well. One major obstacle for parents investing in their retirement is also saving for the increasing costs of their child’s future college education. A survey by T.Rowe Price, “Parents, Kids, & Money”, reveals how conflicted parents are trying to save for both retirement and college: Continue reading
As 2015 comes to a close, it’s time to tidy up your investment portfolio, pay attention to year-end tax deadlines and build your plan for 2016.
Here are five strategies you can use every December to wrap up the old year and bring in the new: Continue reading