On Sept. 8, we observe National Grandparents Day. If you have grandchildren, they will hopefully mark this occasion by sending a card, making a call or, best of all, paying a visit. But however your grandchildren express their feelings for you, you undoubtedly have a very big place in your heart for them. In fact, you may well be planning on including your grandchildren in your estate plan. If that’s the case, you’ll want to do the best you can to preserve the size of your estate — without sacrificing the ability to enjoy life during your retirement years.
If President Obama negotiates a massive new trade bill but doesn’t tell the general public about it, can it still go into effect? Can it still deplete our jobs and prosperity, the way past trade agreements like NAFTA and the recent Korean trade agreement have? Can it still lead to a destructive trade deficit?
Reality has a habit of raining down hard and melting away the comforts formed by the kindness of imagination and the vagaries of memory. There’s the way a person wants to remember an event that occurred in his or her life, and then there’s the way the event actually played out, complete with details absent of sympathy.
It’s back-to-school time again. If you have young children, you might be hustling them to the store for backpacks and binders. But if you fast-forward a few years, you can envision driving your kids a little farther — to their college dorms. And when that day comes, you’ll want to be financially prepared. So you’ll want to avoid making costly mistakes when preparing for, and paying, those big bills. Here are some of the most common of these errors:
Regardless of whether you’re a man or a woman, Social Security will not — and was never designed to — provide all of the income you’ll need to live comfortably during retirement. At best, your income from Social Security will supplement your other sources.
It seems as if almost everyone you meet has experienced the negative effects of the “Great Recession.” If you or someone you know has had a derogatory credit event, check this cheat sheet, to help you determine when you can buy again. Lenders have loosened the requirements and restrictions surrounding a negative credit event. It may be time to buy before interest rates rise in 2015.
If you’re a baby boomer, you’re at the point in life where, if you haven’t actually entered retirement, you’re at least approaching the outskirts. But if you’re like many of your fellow boomers, you may be experiencing more than a little trepidation over your financial prospects as a retiree. That’s why it’s so important for you to determine what steps to take to help improve your chances of enjoying a comfortable retirement.
I have followed this situation with The Lakes Golf Course closing very carefully for the last several months. Even though I do not live near The Lakes, I was an annual member of Club West for 17 years, and I live on the Foothills Golf Club golf course, both Gee properties. When they closed Club West for the summer a few years back I moved my annual membership to Whirlwind Golf Club as they have two golf courses which to play and are very financially sound. Now the problem as I see it, is Mr. Gee has made a sound business decision to close The Lakes because it wasn’t profitable and was draining financial resources from his other properties. Folks, this is capitalism at its finest. If a business is failing and the owner has the opportunity to turn his financial situation around by selling the business for a profit, he should do it. I would do it, and you should do it if you had the opportunity.
If you think back to your math classes in high school or college, you may remember that many of the problems involved the use of variables. Changing these variables around in any fashion would change the outcome of the problem. Similar situations occur in life all the time. To illustrate: If you look at the need to manage your retirement income so that you can’t outlive it as a “problem” to be solved, you will need to adjust some variables to arrive at the solution you seek. That’s why it’s so important you be aware of the key variables involved in your retirement income planning.
District 18 Republican state senate candidates Jeff Dial and Tom Morrissey discussed Common Core standards, Medicaid, job growth and legislative pay increase during a forum hosted by the East Valley Tribune on July 11.
As we approach the primary election, Arizona is in an envious place right now. Of the six Republicans running for the governor’s office, each of the four front-runners arguably have the credentials to become a good governor for our state.
If you’re in a marriage that’s ending, you’ll need to gather certain financial documents to help you evaluate your assets and understand the financial position you’re in. Some of the information may be at your fingertips, but some might require sleuthing.
Here’s an interesting statistic: over the past three decades, the centenarian population in the United States has grown about 66 percent, according to the U.S. Census Bureau. To enjoy this time to the fullest — and to help prevent the possibility of outliving your financial resources — you will need to invest for income and growth throughout your retirement years.
Money can be a topic people are reluctant to discuss, but having an open, transparent dialogue about your finances should be the goal when it comes to your relationship with your financial advisor. An integral part of the client-advisor relationship is dependent on your advisor knowing the ins and outs of your overall financial situation, as well as your goals for the future. Arming your advisor with this information helps ensure that he or she can provide you with the most appropriate resources and strategies.
Corporate deals helped lift stocks in afternoon trading Monday, steering the market on course for its second consecutive gain. Investors cheered Citigroup’s latest earnings as well as acquisitions such as generic drug developer Mylan’s $5.3 billion bid for Abbott Laboratories.
Some types of pears and other fruit don’t change color as they ripen; you have to feel the softening. If you wait too long, you’ll eat overly sweet fruit or have to throw it away. Similarly, if your will has been safely tucked away for awhile, it may have passed its peak financial efficiency unnoticed.
Federal officials on Thursday gave the Tohono O'odham Nation final permission to make land it owns near Glendale part of the reservation, a crucial step toward the tribe's plans to build a casino there.
The Thunder look to return to their winning ways behind a talented junior class and a group of committed seniors in 2014.Produced by David JolkovskiNarration by Jason P. SkodaInterviews (in order of appearance):Cade van RaaphorstTJ RobertsAlex FarinaDrew McIntyreCoach Dan HindsAdrian PerezAndrew MacnairSaxon McDonald