The magic of compounding means anyone who starts saving at a young age, say in his or her early 20s, and lives until old age, can built wealth by saving relatively little each year compared to someone who starts much later.  If you’re a young person who has established an emergency fund, owes little-to-no debt, and can easily afford your monthly living expenses, you may be ready to begin a lifelong investing journey!   Here are the first three accounts we typically point young investors to as they gain experience and accumulate assets and income...
Sending a child off to college is rarely easy, but for parents who have spent 18 years actively involved in caring for their child, the autonomy college students need can make the transition even harder to manage.  While this new independence aids in the development of the young adult, rare medical circumstances could arise and leave the student unable to handle his or her own affairs. In advance of their departure, parents should prepare for the unlikely event that their college student may need their hands-on care once again with these three legal documents.
Get over the psychological hurdle of moving from an external income source (from a job) to an internal income source (from your retirement savings) with these tips to help focus your mindset on appropriate spending of your retirement savings.

Preparing for an Early or Unexpected Retirement

by Casey Bear on
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A once-in-a-generation event like the COVID-19 pandemic can encourage those near retirement age to evaluate their preparedness for an early or unexpected retirement. Here are some items to consider should you find yourself in this position.

Saving Smart for College with a 529 Plan

by Casey Bear on
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With more investment options being added each year, and relatively low costs, 529 plans have many attractive features for college savers, notably offering significant tax advantages while also giving investors flexibility and high contribution limits.

The year 2020 was unprecedented for so many reasons—all because of the COVID-19 pandemic. Many suffered from job losses, had to juggle childcare while working from home, and tried to keep their small businesses open with few resources. Thankfully, the Coronavirus Aid, Relief, and Economic Security...