Many people intend to retire in the place they call home, where they have established families and friendships. But for others, the end of a career brings the freedom... Read More

At some point in your life, you may lose the ability to make or communicate responsible health-care decisions for yourself. Without directions to the contrary, medical professionals are generally... Read More

Mortgage refinancing applications surged in the second week of March 2020, jumping by 79% — the largest weekly increase since November 2008. As a result, the Mortgage Bankers Association... Read More

In 26 states (and Puerto Rico), laws generally hold children financially responsible for certain debts of their parents. These laws are referred to as filial responsibility laws (or filial... Read More

By Nathan Bennett CFP®, CBEC®, ChFC®, CLU®, Summit Co-Founder All one can say about 2020 so far is, “Unbelievable!” (Actually, I could use some more descriptive words, but they... Read More

529 savings plans are tax-advantaged education savings vehicles and one of the most popular ways to save for college today. They can also be used to save for K-12... Read More

Travel—for both business and leisure—worldwide has virtually come to a standstill during the coronavirus pandemic. At this point, nobody knows when it will come back. Whenever that time comes... Read More

The Stockdale Paradox is a concept popularized by author Jim Collins in his bestselling book “Good to Great.” Collins was referencing the incredible story of Admiral James Stockdale, whose... Read More

The Coronavirus has dealt the US Economy an unexpected blow, and business owners are faced with the challenging task of managing expenses and cash flow while being strategic for... Read More

Do gift cards expire? Gift cards are popular and convenient gifts (to give and receive) for many occasions. But is it possible for gift cards to expire before they’re... Read More

Your need for life insurance changes as your life changes. When you’re young, you typically have less need for life insurance, but that changes as you take on more... Read More

Large-scale data breaches are in the news again, but that’s hardly surprising. Breaches have become more frequent — a byproduct of living in an increasingly digital world. During the... Read More

Exploring the world sounds fun and exciting, but it can be expensive to travel. However, there are ways to experience the trip of your dreams on a budget. Follow... Read More

There is no magic formula to determine how much you or your child should borrow for college. But there is such a thing as borrowing too much. How much... Read More

How well do you understand personal finance? The following brief quiz can help you gauge your knowledge of a few basics. In the answer section, you’ll find details to... Read More

By Dr. Jeff Rosensweig In his 2018 State of the Union (SOTU) address, President Donald Trump noted many jobs were created for women during his first two years as president. He... Read More

If you don’t know what happened to your money during the past year, it’s time to find out. December and January are the perfect months to look back at... Read More

You probably feel comfortable talking to your teen about things like school, sports, and clothing. But how do you feel about talking about money? While it may be a... Read More

The “to-do” list for sending a child off to college might seem virtually endless—registration, shopping, dorm decorating, goodbyes (sniff, sniff). Probably the last thing on any parent’s mind before... Read More

Although divorce is a difficult transition at any age, divorce at or near retirement carries distinct financial uncertainty. Preparing for the cost of two separate retirements with a limited... Read More

It’s a vicious cycle: Money is one of the greatest causes of stress, prolonged stress can lead to serious health issues, and health issues often result in yet more... Read More

Providing for Our Parents:   Nearly one third of all American households are caring for an elder parent. This video provides 8 steps to take when caring for your... Read More

It’s Time for Baby Boomer RMDs! In 2016, the first wave of baby boomers turned 70½, and many more reach that milestone in 2017 and 2018. What’s so special... Read More

At its core, retirement is a lifetime income challenge. When someone quits working, their lifestyle still requires monthly expenditures, but the corresponding paycheck disappears. Replacing that paycheck is the... Read More

How does one deal with a risk that has a high probability of occurrence, an unquestionably high cost when it happens, and insurance products meant to hedge the risk... Read More