Longevity Rules: Why long-term retirement planning is more important for women

Longevity Rules: Why long-term retirement planning is more important for women
Retirement planning is one of the most important guarantees an individual can make to ensure that their retirement goes smoothly and with as few interruptions as possible. However, women are having to take into consideration some extra factors in retirement planning that men aren’t necessarily as concerned about. The biggest concern that women are faced with is an extended longevity (1). Statistics are still showing that, on average, women tend to live 5-10 years longer than men. There is also still a very real and very pronounced wage difference between female earners and their male counterparts (2). Combine these realities with the fact that nearly 50% of women over 65 are still facing crises regarding outliving their financial resources (3), retirement planning is critical for a happy, healthy retirement for women.
Read More

How to Protect Your Credit

With the amount of financial data circulating online, it has gotten easier for people to gain unauthorized access to your personal information. But it is also easier than ever to use online tools to protect yourself, and credit checks are a great place to start. With regular credit checks, you can spot identity theft, get ready for a large purchase that depends on your credit report, and maintain good credit by periodically verifying the accuracy of your report.
Read More

Allowances

Allowances are a great way to teach your child to be financially literate, but it’s hard to know how to make it work for you, and then there’s the most common questions, how much should I pay and when should I start? Here are some tips to turn an allowance into a powerful training tool but remember, there is no “right” system for everyone, so feel free to experiment with your own approach but stick to your guns once you and your child have agreed upon a plan.

Read More