Latest articles by Erin Wood, CFP®, CRPC®, FBSⓇ
-
The Holidays Are a Time for Sharing (Your Wishes)
While cognitive decline isn’t the most festive topic to bring up during a holiday get-together, getting the conversation started now can ensure everything is in place if, or when, something happens.
-
From Breadwinner to Retiree: How to Manage the Transition
Many people arrive at retirement with mixed emotions, including anxiety. Making the transition involves a profound shift in your mindset.
-
Is It Finally a Good Time to Buy Your Retirement Dream Home?
If Airbnb owners decide to sell because of a drop-off in revenue, home buyers could find some good deals, though borrowing costs could still be prohibitive.
-
Congratulations on Your Retirement: Here's How to Find Your Joy
Knowing how you want to spend your time in retirement and having a sense of purpose can prevent you from feeling unmoored and isolated.
-
What Every Woman Needs to Know About Social Security
Given women’s longer lives and lower earnings, it’s more important than ever to understand how the complex rules of Social Security benefits apply to you.
-
Retirees, Don’t Let Inflation Cut into Your Summer Plans
If you’re on a fixed income, pricier travel means compromises, but you can still do fun stuff while saving. Think National Parks passes and senior discounts.
-
Nervous About the Markets and Economy? Consider History
To put things in perspective, focus on what you can control and remember that the ups and downs of the markets and economy can be cyclical.
-
To Afford Retirement, Take Inspiration from ‘The Golden Girls’
Roommates, a part-time job and renting out your vacation home could be ways to save early in retirement to cover more expensive years later on.
-
Want to Earn More Money? Consider These Five Ways
Instead of simply vowing to save more money, why not commit to earning more? You could ask for a raise, try a side hustle or switch to a bank offering a higher savings rate.
-
Holiday Spending: Is It Time to Cut Back on Christmas Presents?
Family expectations, consumer culture and a reluctance to talk about money can lead to overspending, but there are ways to cut back without losing the spirit of the season.
-
Do You Know a Financial Hoarder? 4 Steps to Untangle the Mess
Accumulating assets for the sake of accumulation can leave behind overwhelming chaos for heirs. Ignoring the problem will only make it worse.
-
6 Myths of Homeownership
Feeling stressed by the housing market? You might be surprised to learn that owning a home isn’t the only, or even the best, path to financial security.
-
Chasing Athletic Scholarship Dreams Can Be a Costly Mistake
Paying for College Camps. Equipment. Travel to tournaments. Recruiting fees. It’s expensive to have a high school student-athlete in your home. But who doesn’t dream of a full-ride scholarship to your child’s dream school? Here’s an athletic scholarship reality check to help you make the right spending choices for your family.
Paying for College -
Should You Ask for a Raise? How to Tell When It's Time
careers In today’s job market, employees are calling the shots, making it a great time to negotiate a higher salary. A financial planner explains how to figure out if you are being paid enough, overcome any apprehension about asking for more money and approach salary negotiations like a pro.
careers -
COVID’s Financial Toll Isn’t What You Think
Coronavirus and Your Money From a grandma’s retirement in ruins to a troubled teen inheriting too soon, COVID’s effects will last for generations. While nothing can prepare you for the pain of losing someone you love, a financial planner explains how preparation can lessen the financial devastation.
Coronavirus and Your Money -
Emerging Financially Healthy After a Gray Divorce
Divorce Divorce is hard, but a divorce later in life presents a unique set of challenges. A financial planner shares what to consider as you plan for – and eventually embrace – your next act.
Divorce -
A Family Member in Prison? You are Not Alone
personal finance The painful stigma and financial hardship of having a family member in the prison system can last for generations. A financial adviser offers her personal perspective and some resources that could help.
personal finance -
Adopting a Child: Financial Advice for Hopeful Parents
Starting a Family How much does it cost to adopt a child? That depends on which method you use, as there are several different paths to parenthood. And there are several ways to help pay for it too.
Starting a Family -
The Priceless and Expensive Journey of Infertility Treatments
personal finance A financial planner who has lived through this journey herself lays out an overview of what couples who are struggling to have a baby can expect, in Part 1 of a four-part deep dive.
personal finance -
Pass on Your Wealth Wisdom
personal finance Sharing what you’ve learned about getting ahead in life financially is a worthy endeavor that can pay off mightily. This “wealth responsibility” can change lives, even your own.
personal finance -
Thanks, Granny: Money Quirks (Good or Bad) Can Be Inherited
personal finance To learn about your own financial strengths and help eliminate your weaknesses, trace your family tree.
personal finance -
How to Navigate Emergency Funds in Urgent Times
savings COVID-19 has revealed cracks in many people’s financial plans, and emergency funds have never been more important.
savings -
Opportunity Cost or Opportunity Lost: What’s Your Risk Tolerance in a Down Market?
investing There's a cost in every choice you make. To make the best choices for yourself, you need to look at what you're getting and what you're giving up, and then factor in your own personal values.
investing -
Keeping Your Head Above Water While Watching the Economic Wave
Markets Sometimes, at certain points in an economic wave, we see a frenzy of unwise financial behavior. Overconfidence, underconfidence, neighbor envy, media overload, all add to a lack of wisdom. How do you keep your head about you?
Markets
