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Why Financial Advisers Aren’t Telling Rich People about Social Security
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Mothers Need to Be Aware of Family Finance and Investments
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For Before You Get Married, Financial “To Do List”
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Investing Your 401k – a 2-step plan
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Managing and Paying Off Student Loans

Why Financial Advisers Aren’t Telling Rich People about Social Security

Recent research from the Spectrem Group found that a majority of rich people (people with a net worth of $1,000,000-$5,000,000) will rely on Social Security benefits for at least 25% of their income in retirement. Unfortunately, the same study found that only about 1/3 of these individuals talked about Social Security with their financial adviser. That is an alarming statistic considering the impact Social Security income has for retirees. So why aren’t more advisers helping their clients with Social Security benefits? Commissioned Advisers Lack Incentive to Talk about Social Security It seems that the most common answer may be because… Read More

Mothers Need to Be Aware of Family Finance and Investments

The Washington Post interviewed Kimberly Palmer, author of Smart Mom, Rich Mom: How to Build Wealth While Raising a Family. Palmer wanted to write a book specifically for mothers because she feels as if women with children get shortchanged when it comes to financial advice. She wanted to go beyond coupon codes and discounts to help women with big-picture issues like college and retirement savings, insurance, and workplace policies.

Palmer encourages married mothers to be aware of family finances and investments. The former senior money editor at U.S. News & World Report admits that there was a time when …

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For Before You Get Married, Financial “To Do List”

For a variety of reasons, far too many marriages end in divorce. Relationship counselor Peter Saddington says that money issues are the number one cause of divorce and according to a survey of Certified Divorce Financial Analyst® professionals, money issues are the third leading cause of divorce.

No matter where “money issues “ falls on the list of primary causes …

The post For Before You Get Married, Financial “To Do List” appeared first on Chamberlain Financial Planning & Wealth Management.…

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Investing Your 401k – a 2-step plan

If you’re like most folks, when you look at a 401k plan’s options you’re completely overwhelmed. Where to start? Of course, the starting point is to sign up to participate – begin sending a bit of your paycheck over to the 401k plan. A good place to start on that is at least enough to get your employer’s matching funds, however much that might be. In this article though, we’re looking at investing your 401k money. It’s not as tough as you think. In fact, it can be done in just two steps – taking no more than 30-45 minutes …

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Managing and Paying Off Student Loans

A couple of weeks ago, I posted an article here entitled “A College Education Still Pays” despite the growing student loan burden. If you already owe money on student loans, this article follows up and suggests ways to manage and pay off your student loans.

Actively managing your debt is an important step, and your student debt may be one of the biggest financial obligations you have. There are many strategies that could help you manage student loans efficiently. Here is a checklist:

  • Choose a federal loan repayment plan that fits your circumstances:
    • The Graduated Repayment Plan starts
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