Flexible Giving Strategy

Now is the time of year to think about your giving, especially for those wage earners who will receive year-end bonuses.  But what if you want to take advantage of the tax deduction but aren’t sure what charities you want to give to yet? Donor-Advised Funds (DAFs) are a simple solution.  Though not a new product, DAFs have received renewed…

Four Ways to Manage Holiday Expenses

From gifts to food to seasonal events, holiday spending can add up quickly. It can be hard to stay on top of a budget in the flurry of holiday celebrations. But it is possible to celebrate and give generously without going into debt. Here are four ways to plan for this year's holiday season and avoid those last-minute impulse purchases…

The 4% Withdrawal Rule: 
An Outdated Retirement Strategy?

Many retirees wonder how much they can withdraw from their retirement portfolios each year, while still having a strong asset base. A common guideline has been 4%, known as the “4% Withdrawal Rule.” In recent years, this strategy has sparked major discussions among academics and professionals as to whether or not it’s still a viable guide for today’s retirees. Before…

Your Legacy 
is in 
Your Hands

Unless you keep close track of obscure holidays and observances, you probably didn’t know that August is “What Will Be Your Legacy? Month.” Still, you might want to use this particular month as a useful reminder to take action on what could be one of your most important financial goals: leaving a meaningful legacy. A legacy isn’t simply a document…

Gen X’ers Must Juggle a Variety of Financial Issues

If you’re part of “Generation X” — the age cohort born between the mid-1960s and the early 1980s — you’re probably in one of the busiest phases of your life, as you’re well into your working years and, at the same time, busy raising a family. But just as you’re “multi-tasking” in your life, you’ll also need to address multiple…

Make a New Year’s 
Financial Resolution

While planning for retirement, most people look for every possible way to maximize their future fixed income. We’re all facing rising health care costs, overall inflation and longer lifespans, so naturally we want to ensure that we won’t outlive our money. This is why having a formal retirement income plan is so important. In the past, some couples took advantage…