Perspectives

Explore our thought leaders’ latest insights and ideas.

Archive by category: Wealth PlanningReturn
6 Questions to Ask Yourself When Building a Budget

6 Questions to Ask Yourself When Building a Budget

Have you taken the time to create a personal budget? If not, you are not alone: only one in three Americans prepares a detailed household budget. But as you begin to travel the road toward financial success, you will find that goals are easier to reach when you start with a map.
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Flying Solo: What it means financially

Flying Solo: What it means financially

Living life as a single adult can be empowering for some, stressful for others, and a nonissue for everyone else. Single people possess freedoms, but with those freedoms can come restrictions in the form of financial vulnerabilities that married or partnered people may not have.
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What Investors Should Know About the Tax Cuts and Jobs Act

What Investors Should Know About the Tax Cuts and Jobs Act

How will U.S. tax reform potentially impact your financial future? Our experts have compiled a brief summary focused on the most pertinent changes affecting individual taxpayers.
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Lessons Learned from Top Women Advisors

Lessons Learned from Top Women Advisors

In an industry of approximately 300,000 financial advisors nationwide, women financial advisors are still few and far between. In 2016 only 16% of advisors were women, according to research firm Cerulli Associates, although the number could be increasing. Why such underrepresentation when women are expected to control two-thirds of the nation’s wealth by 2030, and are already the primary breadwinners in almost half of American households?
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Childhood Financial Literacy Can Spark Brighter Futures

Childhood Financial Literacy Can Spark Brighter Futures

As we become adults, one would assume that naturally we also become more attuned to finances and how to apply that knowledge to the real world. However, that is not always the case. According to FINRA’s ongoing National Financial Capability Study, 63% of Americans are financially illiterate. Perhaps this ineptitude comes from a lack of understanding on a foundational level. An ongoing concern is that children are not receiving the education they need to make successful financial decisions and p...
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Did you say “yes” to the ring but are unsure about combining finances?

Did you say “yes” to the ring but are unsure about combining finances?

It’s no surprise that the winter season, known for beautiful snowscapes and romantic nights by the fireplace with the one you love, is the most favored time of the year for engagements. Christmas, New Year’s Eve and Valentine’s Day are among the most popular days of the year to propose.
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Next Step Toward Adulting: Life Insurance

Next Step Toward Adulting: Life Insurance

The steps are predictable: Graduate from college, start your first job and then, with a few paychecks in the bank, start saving for retirement and make sure you have the necessary insurance to cover your other stages of life. But for millennials, the current generation of young adults and the largest generation in the U.S., the process doesn’t necessarily include life insurance coverage. A Gallup poll indicates that millennials are the least likely to be engaged with their primary insurer and a...
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Hoarder vs. Collector: Prudent Record Retention

Hoarder vs. Collector: Prudent Record Retention

To keep or not to keep, that is the question. Good record keeping is essential to making your financial life easier and can save you money and time in the long run. But in regards to record retention, how long is too long? Some original documents should be kept permanently (think birth certificate and social security card), whereas others can be shredded after seven years (bank statements and canceled checks), and still others have much more unique retention lengths.
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