David Lerner Associates: Ending Financial Stress with Planning
Bank of America / Merrill Lynch is 2016 Workplace Benefits Report was an interesting study in the financial confidence of today is workers. 75% of employees polled indicated they are not financially secure, and 60% say they are somewhat or very stressed by their financial situation, according to the report.
David Lerner Associates: The DIY Retirement Plan
Part of the American Dream was working hard for 40 years and retiring with a comfortable company pension at age 65. For most of today is young adults, that scenario is no longer an option. A recent survey of corporate pensions revealed that just 28% of the plans they surveyed still remain open, and 25% of workers with an active pension are likely to see the plan close or freeze at some point in the future.
David Lerner Associates: Older Americans are Blazing a Trail to Retirement
The theme of Older Americans Month 2016 is Blaze a Trail. The idea is to use this theme to raise awareness about important issues facing older adults. Retirement is certainly one of those issues. According to the Government Accountability Office, among households with members aged 55 or older, nearly 29% have neither retirement savings nor a traditional pension plan.
David Lerner Associates: Tips to Build Wealth
Wealth is not something you wake up to one morning. It is built and earned over time. Carefully. Strategically. With deliberate purpose. If building a healthy personal fortune is appealing to you, then here are some tips to help you on the wealth-building journey.
David Lerner Associates: Estate Planning Essentials
An effective and smart estate plan is necessary if you want to make sure your assets are inherited by the intended parties, no matter the size of your estate. If done right, your plan can limit the taxes owed by the beneficiary. Here are some helpful tips.
David Lerner Associates: Monopoly and Financial Literacy
Playing Monopoly on game night has been a part of almost every American household for decades. One of the benefits of playing the board game was the financial literacy learning that took place. Now the game is being updated to reflect the current financial landscape - all transactions will be done via debit or credit card.
David Lerner Associates: What You Need to Know about Retirement and Long-Term Care
A comfortable retirement is something to plan for and look forward to. According to the Employee Benefit Research Institute, most Americans are on track with their savings for retirement. But, and this is a big one, have you considered what would happen if you were hit with an additional half million dollars in health care costs? Would you be able to still maintain a comfortable retirement then? It is highly doubtful that even the better off among us could withstand that.
David Lerner Associates: Who Can Benefit From College Savings Plans?
There are many types of people who can benefit from college savings plans especially parents and grandparents of young children, casual investors, or anyone wanting to transfer wealth to another family member as part of an estate plan.