Tuesday, January 19
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Retirement

5 Reasons You Need To Hire A Financial Consultant

Financial Advisor, Financial Planning, Galveston, Personal Finance, Retirement
If you’re a busy individual and have no time for the day-to-day management of your money, you may need to consult a financial consultant. Beyond being busy, however, there are major turning points in your life where working with a financial consultant is absolutely necessary. For instance, if you’re approaching retirement, you’ll have to figure out how much money you need to live during your non-working years. So what is a financial consultant? And what do financial consultants do? In this article, we’ll run you through situations where financial consulting makes sense. We’ll show you where you can get a financial consultant that is ethical and who will act in your best interest, etc. Of note, hiring a financial consultant is not cheap. A fee-only financial a...

15 Numbers You Need To Know To Make Smart Financial Decisions

Home Loans By State, Investing, Retirement
The Wall Street Journal lists 15 important numbers that everyone should know to make better financial decisions. Here they are, broken down by category. The post 15 Numbers You Need To Know To Make Smart Financial Decisions appeared first on Bible Money Matters and was written by Peter Anderson. Copyright © Bible Money Matters - please visit biblemoneymatters.com for more great content.Source: biblemoneymatters.com

How to Save for Retirement in Your 20s, 30s, 40s, 50s and 60s

Construction Home Loans, Retirement
You can only afford to pay for your kids’ college if you’re on track for retirement. Talk to your kids early on about what you can afford, as well their options for avoiding massive student loan debt, including attending a cheaper school, getting financial aid, and working while going to school. Your options for funding your retirement are much more limited. A dollar invested in your 20s is worth more than a dollar invested in your 30s or 40s. The problem: When you’re living on an entry-level salary, you just don’t have that many dollars to invest, particularly if you have student loan debt. How Much Should You Save for Retirement? Since your 50s is often when you start shifting away from high-growth mode and into safer investments, now is a good time to use extra money to pay off ...