Recent Articles from Teresa Sanders
Prepare for a prosperous 2021: year-end to do’s
Review and refocus on your financial goals. Set long-term goals if you don’t have them. If you need to make changes to your goals, do it now. Make sure your goals include how much risk you are willing to take with your investments.
Did you lose your job?
You may have a 401k and are needing to figure out if you want to leave it in your current plan, rollover the balance to an IRA, or take a withdrawal and pay taxes now. A number of significant issues call for consideration when making this decision. Learn more here.
So, your retirement’s all set?
It's not uncommon for people to change their retirement date. COVID is only one reason people are reconsidering their retirement date, and it’s not always a delay. The time to retire, whether earlier than expected or later, is all about preparation.
In your 50s? It’s not too late to start saving for retirement
54% of baby boomers have little to no savings, according to the Insured Retirement Institute. If that sounds familiar, then you need to start shifting your mindset from wondering why you put off saving to thinking about what will make you the most successful in retirement. Luckily, there are multiple strategies you can employ to help get you started.
5 Tips for investing during turbulent times
These five tips can help you navigate these treacherous times. Learn these and you will be well equipped to weather any market turbulence that comes our way.
How to know when it's time to face your debt
As a society, we shoulder a mountain of debt. Many individuals have so much debt that it keeps them from having money for emergencies or being able to fund long-term goals like retirement and their children’s education. In this current environment, we may be collectively asking ourselves a lot of questions about what it means to have too much debt, and what we can do about it.
Is it possible to get an education without debt?
Education is society’s silver bullet. Not only does it make us better as a whole, but it makes us better employees and business owners and it can lift people out of poverty. But what is the purpose of education? And is it for everyone?
Investment Risk: As in life, courage pays off
Ultimately, the real key to successful investing is to have the courage to buy regularly – even when others are fearful and hold your investments for a long time. History has proven that upping one's comfort in investing pays off, over time.
Retirement is great: But is there enough money?
By considering these four questions, you can create educated assumptions which will allow you to estimate how many investments you’ll need to support your paycheck in retirement.
Seniors and Financial Scams: It can happen to anyone
Financial exploitation refers to the misuse or misappropriation of an individual’s money or property. Anyone, regardless of income or level of wealth, can become a victim of this crime.
2020 Is Here, But Is Your Money?
These three steps are not just a comfort; they present a quiet and powerful method for potentially improving your 2020 financial goals.