Saving for College...Essential Ideas as published in InsideNova.com
It’s a given that every parent wants their children to start with a college education. But, golly, college is expensive. According to the College Board, all-in costs for the 2016–2017 academic year is approaching $25,000 at a four-year in-state public college, and $50,000 at a four-year private institution.1
Clearly, there’s no time to waste in saving for your kids’ high-cost higher education. If I get one thing across, that’s it. But I don’t blame you if you’re wondering where to even begin. Don’t despair! Let’s roll up our sleeves and get practical.
When to Claim Social Security...It's a Weighty Decision
When should you begin claiming your Social Security Income (SSI)? Clearly, the decision is a big part of retirement planning. Too bad it’s not also an easy part. Then again, be careful what you wish for! While “one size fits all” would be easier for you, that doesn’t necessarily mean it would be better.
Granted, some situations are super easy. If you turn 62 and you need the money to put food on the table, take it at age 62.
A Five-Step Action Plan for Retirement Planning as published in InsideNova.com
As I pointed out in my last piece, most of us tend to spend more time planning for a one-week vacation than for our entire retirement. This, despite the ongoing analyses informing us that most American workers are falling short on their retirement savings.
Why is that? For one, it’s hard to know how much you should be saving. Plus, a part of you may not want to know. What if you don’t like the answer? So, you put off planning for another day. Then another. Until … you approach retirement with no plan at all.