Take Your Retirement for a Test Drive
Before buying a new car you probably take it out for a test drive to see how it feels and make sure that everything is working properly. Have you ever thought of taking a similar test drive when it comes to your retirement?
David Lerner Associates: Steps for Paying off Your Student Loans
Many young adults have voiced complaints about the burden of their student loan debt. The average amount of money owed on student loans is now $25,000.
David lerner Associates: How Framing Affects Social Security
Many people do not realize that when it comes to Social Security they have a choice of when to begin receiving their retirement benefits.You do not have to wait until you are 65.
David Lerner Associates: The Importance of Building an Emergency Savings Fund
Many personal financial planning experts suggest that individuals make building an emergency savings fund one of their top financial priorities, More than a quarter of Americans do not have any emergency savings at all.
David Lerner Associates: Watch Out For the Grandparent Scam
A new type of scam has recently popped up that specifically targets seniors. Its called the "grandparent scam" and it hits seniors where many are potentially most vulnerable: their love for their grandchildren
David Lerner Associates: How to Give Money to Family Members Without Incurring Taxes
Many people are not aware that gifts to family members could be subject to federal gift taxes. The American Taxpayer Relief Act (the legislation passed on January 1, 2013, that averted the so-called fiscal cliff) raised the top estate and gift tax rate from 35 to 40 percent.
David Lerner Associates: How to Teach Your Kids About Money
Schools have certainly changed a lot since the song School Days was written over 100 years ago, but one thing that hasnt changed is the fact that there are still very few schools that teach children about personal financial management.
5 Baby Boomer Financial Behaviors and Attitudes to Watch
The financial behavior and attitudes of the baby boom generation is going to have a significant impact on the nation is financial picture in the coming years.