In this Wealth Wednesday episode, we explore the biggest financial pressures facing Generation X. From catching up on retirement savings to managing college costs and caring for aging parents, they offer practical steps Gen Xers can take to regain control and plan for a more secure future.
Planning for retirement? You’re probably focused on your investments, but have you thought about other major risks that could impact your savings? In this episode, we’re diving into three overlooked challenges that retirees face: long-term care costs, financial support for adult children, and the increasing rate of "gray divorce" among people 50+. These factors can create unexpected financial stress, making it crucial to prepare early. Watch to learn important stats, helpful tips, and ways you can protect your retirement from these risks.
Election Day is right around the corner, and people are buzzing with excitement and worry. For some, it’s a time of hope, while for others, it brings concern about what’s next. Many investors wonder: Will this election impact my investments? Today, we're diving into that topic and discussing whether Election Day really matters to your financial future.
We all face a difficult reality in our lives. At some point, either you or your spouse will pass away. This event creates an emotional wave. In addition, those feelings can be complicated by financial issues. Today we are going to talk about 5 things you need to consider when your spouse dies
If you think hiring a financial advisor is something you want to explore, what do you need to know? Unfortunately, finding an advisor who is a good fit for you can also be intimidating. Our industry has not done a good job of eliminating its problems. There are conflicts of interest. Getting a license doesn't require an advanced degree. And there are often incentives that don't always encourage good behavior. Here are 4 key questions you should ask.
Social Security faces a major challenge. Projections show a significant funding shortfall. Right now, projections show a 24% shortfall in 2034. This would mean a pay cut for millions of retirees. This year is also an election year, and this will be a hot topic. How will they fix it?
You can find several personalities on social media, YouTube, and the airwaves offering generic financial guidance. Dave Ramsey and Suze Orman star in these spaces. Is the guidance they share “good enough” you should just blindly follow? We discuss that on today’s Wealth Wednesday.