A credit score is assigned to you by each of the three major credit reporting agencies. The most common is the FICO score. Calculated based on the information in your credit report, it’s purported to measure your overall credit worthiness. FICO scores range from 300 to 850 — the higher the better.
Saving for a secure retirement can often seem like a daunting task. But when you have even loftier goals it can feel near impossible. What would it take to become a millionaire, or even a multimillionaire? Would you need a big inheritance, some luck when playing the lottery? Do you need to spearhead a super-successful tech start up? Or become a doctor or a lawyer?
It’s an age-old question: Can money buy happiness? The answer, it seems, is not straightforward.
Setting up the nursery, taking birthing classes, picking names, reading parenting books … there’s so much to do when you’re expecting. But don’t forget these important financial tasks as you prepare for the arrival of your little bundle of joy.
Millennials are facing difficulties as they attempt to navigate in stormy financial seas according to PwC’s report: Millennials & Financial Literacy— The Struggle with Personal Finance. The study was conducted in partnership with The Global Financial Literacy Excellence Center at George Washington University.
Can you believe that half the year is already gone? It’s time for a midyear financial checkup to make sure you’re on track to meet your retirement and other financial goals. This is a great time to set up an appointment with your NFP financial advisor or just take the opportunity to review some of the following areas of your financial wellness plan on your own.
Research conducted by the University of Amsterdam found that early retirement might potentially enhance longevity. In their study of male Dutch civil servants over the age of 54, the authors found that those who took early retirement were 42% less likely to die over five years versus those who continued to work.
Named after Section 401(k) of the Internal Revenue Code, this powerful retirement vehicle was created in the early 1980s by Congress as an alternative to traditional defined benefit plans. Funded with pre-tax contributions, 401(k) plans help employees save while lowering their taxable income. Employee matching funds, when available, make this retirement planning option hard to beat.
After years of thrilling entertainment, the Avengers saga has finally come to a close in a truly spectacular and thrilling fashion. With the ultimate battle waged, we can only hope that our favorite superheroes head off to a well-earned retirement. If so, we hope that they’ve prepared well for their respective financial futures since there’s probably no Avenger pension plan.
You’re getting married – congratulations! This is an exciting time with lots of big changes ahead. Right now, you’re probably focused on flower arrangements, hiring a band, booking your honeymoon and registering for gifts. But while you’re planning the festivities, you should be doing a little financial planning too.
A credit score is assigned to you by each of the three major credit reporting agencies. The most common is the FICO score. Calculated based on the information in your credit report, it’s purported to measure your overall credit worthiness. FICO scores range from 300 to 850 — the higher the better.
Saving for a secure retirement can often seem like a daunting task. But when you have even loftier goals it can feel near impossible. What would it take to become a millionaire, or even a multimillionaire? Would you need a big inheritance, some luck when playing the lottery? Do you need to spearhead a super-successful tech start up? Or become a doctor or a lawyer?
It’s an age-old question: Can money buy happiness? The answer, it seems, is not straightforward.
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