4 Items for Your Midyear Money Checklist
Published: June 28, 2022
A lot can happen in six months. That's why, as we close out the first half of the year, it makes sense to check in on your financial life. "With inflation, I think people this year are more heavily impacted than they probably have been in many years leading up to this point," says Jason Dall'Acqua, a certified financial planner and founder of Crest Wealth Advisors in Annapolis, Maryland. "So it?s a good time to see how things have been going ... as well as plan for what lies ahead in the remainder of the year." So where should you start? Add these four items to your midyear money checklist.
A New Way to Think About Cash
Published: June 14, 2022
The old saying is that time is money, but money can also be time if you look at it a different way. Retired investors living off withdrawals might want to think of their portfolios in terms of how they support their spending needs over the next year and 30 years from now, which can create a compelling linkage between investments and their spending purpose.
How to Pay for Summer Fun: Financing Boats, RVs and More
Published: June 7, 2022
Summer is the season to hit the great outdoors, and having a new toy, like a boat or RV, is a dream for many people. But with interest rate hikes, spikes in the cost of oil and general economic uncertainty, you may be hesitant to make a big purchase right now. Financing options, such as a secured loan, can make the purchase more manageable by spreading out payments.
What Rising Prices Could Mean for Your Retirement Plans
Published: May 26, 2022
About 1 in 8 Gen Xers and baby boomers say they've postponed or considered postponing retirement due to inflation, according to a March 2022 survey by the Nationwide Retirement Institute. With an inflation rate over 8% and hitting a 40-year high, coupled with a stock market that's seen a double-digit percentage drop since the start of the year, people's concerns aren't misplaced. If your stop-work date is on the horizon, here's what you should understand about how inflation affects your retirement.
Should You Fly or Drive This Summer?
Published: May 18, 2022
With the cost of everything rising faster and faster, it can be hard to build a reliable travel budget. Will gas prices rise or fall by the summer? And will airfare costs keep pace? The question of whether it's cheaper to fly or drive is an old travel conundrum, but the many factors affecting travel in 2022 make it a challenging one to answer simply
For Summer Travel Deals, Stay Off the Beaten Path
Published: May 11, 2022
With so many factors pushing travel prices upward, where are the deals? And what destinations should budget-conscious travelers avoid altogether?