Blog
Money Management 101: Tips for Your Kids Entering the Workforce
Submitted by Eric Nichols, ChFC, AIF® | Empowering Your Financial Future on August 17th, 2021When we’re young, we have so many lessons to learn—one of the most important being how to manage our money. If your kids are starting to enter the workforce, whether it’s a part-time job just for the summer or a full-time job after graduation, it’s essential they know how to practice healthy financial habits.
Living the Dream: How to Plan for Your Ideal Retirement
Submitted by Eric Nichols, ChFC, AIF® | Empowering Your Financial Future on June 2nd, 2021What would you do with your time if you weren’t working 40 hours every week? Everyone has a different idea of what they want retirement to look like, whether it involves traveling the world or staying comfortable at home.
Medicare in 2021: Here’s What You Need to Know
Submitted by Eric Nichols, ChFC, AIF® | Empowering Your Financial Future on May 10th, 2021Many older Americans rely on Medicare for their health care needs. But it’s not always easy to figure out what’s covered and how much it will cost. Medicare benefits change from year to year, and 2021 is bringing an increase in premiums for participants. The good news is, there are other ways to save on Medicare costs.
Financial Management for Couples: When a Spender and a Saver Fall in Love
Submitted by Eric Nichols, ChFC, AIF® | Empowering Your Financial Future on April 29th, 2021Money can be a point of contention for many couples. Between big expenses like taking vacations, buying a house, getting married or having children, relationships can be filled with tricky financial situations. Even trickier is if you and your partner have different views on financial matters—one of you is a spender and one is a saver.
Selling Your Home After Retirement: The Benefits of Downsizing
Submitted by Eric Nichols, ChFC, AIF® | Empowering Your Financial Future on April 21st, 2021If you’re nearing retirement age, you’re probably thinking about what life will look like once you’ve stopped working full time. There are many benefits to retiring—like more time to spend on your hobbies and with people you love—but there’s also the uncertainty of living on a fixed income.
The Importance of Proper Planning for a Physically Ill Spouse or Loved One
Submitted by Eric Nichols, ChFC, AIF® | Empowering Your Financial Future on March 17th, 2021Proper financial planning should always be a focus, but for those who are dealing with a physically ill spouse or loved one, it is crucial. There are several financial considerations that you will need to ponder, and naturally, these will not work with every situation, and chatting with a professional financial planner is one place to start.
Cash Flow
Explaining the Benefits of a 401(k) to Young Adults Entering the Workforce
Submitted by Eric Nichols, ChFC, AIF® | Empowering Your Financial Future on March 9th, 2021If you have a child graduating from high school or college and entering the workforce, they may have the opportunity to open up a 401(k) through their new employer. In some cases, that employer will also offer matching contribution funds up to a certain percentage.
Should You Retire at the Same Time As Your Spouse?
Submitted by Eric Nichols, ChFC, AIF® | Empowering Your Financial Future on January 12th, 2021If you and your spouse are making plans to retire, you’re probably wondering whether it’s a good idea to retire at the same time.
The Value of Investing with a Financial Professional Instead of a Do-It-Yourself Approach
Submitted by Eric Nichols, ChFC, AIF® | Empowering Your Financial Future on October 28th, 2020Paying fees for professional investment management is something we’d all like to avoid. Why pay for some guy in a suit to manage your investments when you can do-it-yourself with a simple online brokerage account? There are many reasons to trust a professional - read on to find out whether it’s worth it to go with the pros.
Active vs. Passive