Author: Joanne Reilly
3 Tips When It Comes To Money and Our Adult Kids
– Millennials are navigating a tough job market and a post-recession economy – Financially supporting adult children could deprive them of “teachable moments” – Sharing your experiences is an invaluable way to teach fiscal responsibility You probably talked to your kids about money when they were younger — ...Read More
Social Security: How to Plan Around Uncertainty
Key Points ****************** Americans are not confident in Social Security solvency, according to new research Benefit amounts can vary greatly based on the age that you begin collecting Legislative standoff could make other sources of retirement income more crucial ******************* Social Security has been serving as a safety net for over 80 ...Read More
Want An Early Retirement? 3 Key Questions – and Some Tips
Whether you want to pursue old passions and new hobbies, travel the world, or spend more time with family, many of us dream about an early retirement. The amount of money you will need to retire early depends on your goals, lifestyle and a range of other factors. There are emotional and financial components to planning for an early retiremen...Read More
Your Home Mortgage: Think Carefully
Key Points If you have extra funds left over after your expenses are paid each month, weigh your options carefully before deciding whether to pay extra on your mortgage or invest more in the market. In addition to weighing interest rates vs potential returns on investments, consider how near or far you are from retirement and how much time you have...Read More
Happy Couples – Their Top 5 Money Habits!
What are the secrets of financially happy couples? The Ameriprise study on couples and money provides some interesting answers. Key Points Most couples agree on money, but those who are not in tune financially tend to have issues communicating on financial matters. While the majority of couples have different money management styles, two-thirds hav...Read More
4 Tips: How To Pay for College
DID YOU KNOW???? Student debt of over $1 trillion has surpassed credit card debt in the United States. When it comes to saving and paying for college, be patient and be realistic about what you can expect from financial aid. Start early and consider signing up for tax-advantaged accounts to make the most of your college savings. It doesn’t m...Read More
Make Your Retirement Savings Last! 3 Steps
You’ve worked hard and saved for the future — now you need to make sure your savings last the rest of your life. By understanding the risks you face, you can make smart choices about how much to withdraw and how to handle unexpected financial challenges. The financial implications of a long life According to the National Center for Health Sta...Read More
The Family Money Talk – Tips & How-To’s
Do you feel uncomfortable discussing topics such as life insurance needs, health care costs and education financing with your parents, your kids or even your siblings? If so, you’re not alone. According to a new Ameriprise Financial study, the majority of Americans approach family money talks with a similar sense of apprehension. But many of them f...Read More