Ever stared at your bank account wondering if you’ve saved enough? You’re definitely not alone. Whether you’re just starting your savings journey or looking to beef up your financial cushion, figuring out the “right” amount to have in savings can feel overwhelming. Let me break it down for you in a way that actually makes … Read more
I hear the term “generational wealth” from time to time, and I have even written about just how difficult it is to maintain wealth in a family long-term. Yet I hear this frequently listed as a goal (not a SMART goal, but a goal nonetheless). The gist of it comes from ideas like this quote … Read more
Is a trust part of your estate plan? A trust is a versatile legal entity and serves several purposes. They legally protect and manage property or assets for your benefit and that of your loved ones. They can also ensure your assets are distributed according to your wishes. Trusts can impact inheritance taxes, but it … Read more
Aim for about one to two months’ worth of living expenses in checking, plus a 10% buffer, and another three to six months’ worth of savings. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to … Read more
Knowing what your super balance should be for your age can help you get ready for retirement. Check what your super balance should be now to retire comfortably. And see how your super savings compare to the average super balance by age. Ever wondered if your retirement nest egg is big enough compared to other … Read more
Are you thinking about your £700,000 pension pot and whether it will set you free? You’re not the only one! Many Britons who are getting close to retirement age do the same thing. You can use what I’ve learned to figure out if your nest egg is enough to live on in your golden years. … Read more
Your financial needs, priorities and goals are constantly evolving throughout your life. So when you have a long-term investment, such as an annuity, its a good idea to revisit it periodically to make sure its still meeting your expectations. Many financial products are designed to change, roll over, mature and otherwise evolve with you, and … Read more
To be honest, most of us only think about rolling over our 401(k) when we’re cleaning out our desks and saying goodbye to coworkers in a sad way. But what if I told you that you might be able to roll over your 401(k) and still get paid by the same company? Yep, it’s true! … Read more
Do you have an annuity? Is this a financial tool you created for your own future but is something that was ultimately moved out of your possession/estate and into the management of a trust? An insurance company plays a crucial role in managing annuities, especially when they are owned by a trust. Read on to … Read more
It’s a topic we get a lot of questions about – How do I hide money from my spouse legally? Should I put money aside for a rainy day divorce fund? Is a secret cash stash a good idea?. There are many reasons why someone may be inclined to hide money from their spouse. Even … Read more