Data for Sale: Tips to Help Protect Your Private Information
On December 3, 2024, the Federal Trade Commission (FTC) announced a proposed settlement in legal action against a data broker named Mobilewalla, which was accused of using location data obtained through online advertising auctions to identify consumers by factors such as private home address and...
The Importance of Reviewing and Adjusting Insurance Coverage Annually
As we step into a new year, there’s a lot on everyone’s mind—new goals, fresh beginnings, and, of course, resolutions. While many people focus on health, fitness, or financial goals, an essential yet often overlooked resolution is reviewing and adjusting your insurance coverage. Insurance provides a...
New Year’s Financial Resolutions
As the new year dawns, individuals and families often reflect on their financial goals and set ambitious resolutions to achieve them. It’s a prime opportunity to revitalize savings strategies and work towards a more secure financial future. Whether it's boosting retirement contributions, paying down debt,...
The College Enrollment Cliff: Planning Your Family’s Educational Future
American families planning for their children's education face a dramatically shifting landscape in higher education—the enrollment cliff leading to a projected 15 percent decline in U.S. college students between 2025 and 2029. Understanding the Enrollment Cliff The term "enrollment cliff" refers to an anticipated sharp decline in college-age...
Smart Gifting: Balance Generosity and Finances This Holiday
The holidays are a time for giving, and there’s nothing quite like the joy of surprising loved ones with thoughtful holiday gifts. However, the spirit of generosity can sometimes lead us to overspend, causing financial stress well into the new year. A 2021 survey from...
2024 Holiday Spending Surge: Impact on Your Wallet & Investments
As we head into the 2024 holiday season, consumers and investors alike are gearing up for what is expected to be a significant surge in holiday spending. Retailers are preparing for increased activity, and early projections point to an overall boost in sales compared to...
Health and Wealth: Longevity in Retirement Planning
Life expectancy is one of the most critical yet often misunderstood factors in retirement planning. Many Americans need to be more accurate in assessing how long they’ll live. The Life Expectancy Misconception Here are some of the factors that influence the estimation of life expectancy: Impact of...
Wrapping Up Your Finances: A Comprehensive Year-End Guide
As 2024 draws to a close, it's the perfect time to take stock of your financial situation and focus on wrapping up your finances in preparation for the year ahead. This comprehensive guide to year-end financial planning will walk you through essential financial tasks to...
Family Caregivers and Financial Challenges
Family caregivers face not just an emotional responsibility but also a significant financial one. Americans adults who are part of the Sandwich Generation—defined as those who care for both children and aging parents or loved ones, find themselves pulled in two directions. According to a 2020...
Long-Term Care a Vital Component of Retirement Planning
Retirement planning isn’t just about saving for the years when you stop working. It’s also about preparing for the unexpected and planning for the rising healthcare costs. That’s why Long-Term Care Awareness Month is an important reminder to evaluate your retirement plans and ensure long-term...