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Although retirement may not be in your near future, it is never too early to start planning and saving. Here are some steps to help guide the way to a financially stable: CONSTRUCT A BUDGET The [...]

In planning on how to get to $1 million (or any other amount), you should generally consider how much you have now, how much you can contribute in the future, how much you might earn on your [...]

MINIMUM PAYMENTS You are generally required to make minimum payments on your debts, based on factors set by the lender. Failure to make the minimum payments can result in penalties, increased [...]

Understanding the fees you pay is key to understanding your investments. As with any business, there are costs associated with running a company that buys and sells securities or provides [...]

WHAT ARE EXCHANGE-TRADED FUNDS (ETFs)? An exchange-traded fund (ETFs), like a mutual fund, is a company that pools money from investors to buy stocks, bonds, or other investments. ETFs trade much [...]

When it comes to investing, risk and reward go hand in hand. The phrase “no pain, no gain” – comes close to summing up the relationship between risk and reward. Don’t let anyone tell you [...]

People nearing retirement age have started to consider hybrid products that combine long-term-care coverage with potential life-insurance benefits. Last year, 260,000 of these policies were sold, [...]

Investing is a world that plays with our emotions, as we watch our money fluctuate without much control over the end result. It can be very stressful, often leaving people wondering what to do, [...]

Annuities are an often-forgotten tool when it comes to retirement income. It’s a contract between an individual and life insurance company where the annuitant (investor) pays premium either in [...]