Taking stock of how you live today can help you develop a plan for your retirement years, says Dawn Marchand, vice-president of marketing, product and direct distribution for Lawyers Financial, which offers insuran
The so-called 4 percent rule has become the popular formula for napkin math when it comes to calculating how long your retirement savings could last. It goes like this:
Sara Forte, an employment lawyer, recently sat down with Lawyers Financial to reflect on her experience starting a firm and building a team. By all accounts, her practical and intuitive approach to success is working. Below are her top three tips.
Would you be in a better financial position if you spent more time managing your finances and less time doing your job? Time is money and there is real value in outsourcing the time to plan, compare alternatives, research options, stay current on tax laws, and execute your financial plan.
It’s not unrealistic for you to ponder the possibility of a modest cash windfall in your lifetime. It could be an unusually large bonus, profit from the sale of your business, or an inheritance.
Life insurance serves many purposes, but one of the top reasons people buy insurance is to replace the income that would normally provide for their family’s lifestyle and long-term security in the event of premature death.
Should you provide financial help to your adult children now or leave them an inheritance later? It’s up to you but giving away some of your wealth while you are still around to see the effects of your generosity can have significant advantages.