Basic Estate Planning: A Trust, A Will, or Both? | AIER
Similar to a will and last will and testament, a trust document details how you want your assets distributed upon your death and how to take care of your minor children financially. There are two different types of trusts: revocable and irrevocable. Your trustee will...
A Zen Approach to Long-term Investing | AIER
"There is one core tenet to my investment philosophy: Focus on important factors that you can control, and let go of the ones you can't. This will be an important driver of your long-term investment success, and you have complete control over it. Cost of investing:...
401(k) – 3 Simple Rules for the X and Y Generation.
Was your 401(k) plan (403(b) and TSP) your introduction to investing in stocks, bonds and money markets? This is the case for many people. However, what you may not have realized is that this savings vehicle is the most important account you will ever have! Often...
Can I still have a traditional IRA if I contribute to my 401(k) plan at work?
Answer: Yes. Anyone with earned income who is under age 70½ can open and contribute to a traditional IRA (Individual Retirement Account). The contribution limit is $5,500 for 2015 (unchanged from 2014), plus an additional "catch-up" contribution of $1,000 in 2014 and...
3 Financial Planning To-Dos for New Parents
What is it? As you prepare for life with your new child, it is time to develop a new financial plan for your family or make any necessary changes to your existing plan. You'll want to consider how your baby will affect your budget, make sure you have adequate...
Financial Planning for Millennials
Millennials often believe that they are too young to start worrying about their financial futures; after all, a goal like retirement may seem very far off. The truth is that it is never too soon to begin planning. If you are confused about how or when to start,...
5 Financial Planning Questions You Need to Answer
Our lives are ruled by money – whether we like it or not. How much you make determines how much you spend (or at least it should) and the only way to start taking control of your financial situation is by knowing where to begin. But what numbers are most important?...
3 Reasons You Need a Budget.
Ever wonder where your money is going? Do you reach the end of the month only to scratch your head when looking at your bank account? You are not alone. With some planning and new habits, you’ll know exactly where your money is going. Once you understand how you are...
