Financial Planning

The #1 Reason People Give for Saving Money is…

When it comes to saving money, seeing the world is the No. 1 priority for Americans, according to a new survey by SunTrust Banks. It was recently revealed that 45 percent of Americans save their money for travel, surpassing saving money for emergency savings, retirement, buying a house and buying a car/truck/motorcycle….

Moms Take the Lead in Teaching Kids to be Financially Savvy

According to a recent survey sponsored by investment company, Capital Group, large numbers of American adults say they wish someone would have shared advice with them about saving for retirement and retirement accounts when they were children or young adults….

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What are my Options if I Inherit an IRA?

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Any inheritance can be complicated, but inherited IRAs—with the many rules that govern their distributions—tend to be especially complex. When handled with care, however, they can offer substantial long-term advantages….

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The Big Payoff Debate

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These days, more retirees are actually carrying mortgage debt into retirement. About half of all retirees ages 65 to 69 were mortgage-free in 2015, down from nearly 60% in 2000, according to mortgage giant Fannie Mae. So is carrying a mortgage into retirement is right for you?…