Did you know that you don’t have to be a business owner to have a business exit plan? It’s true! Though the term “business exit” is generally understood to be when a business owner wishes to leave their business (whether by retirement or by selling it), it can also apply to an employee with retirement/stock options/other benefits through their place of employment who may plan to transition to another company.
Well, compound interest is like a really great sourdough starter. The initial amount is like what you put in, and the beautiful effervescent bubbles that come with time is how the interest works for you over time. Perhaps this baking analogy falls a little flat (sorry, I had to). In that case, let’s consider the following few examples of compounding interest, and why it’s still better late than never to utilize it.
Starting off with the economy, as many predicted and even more hoped for, Q3 had a strong bounce back, better than most expected. It is widely forecasted that we will see a 19.1% gain in GDP. Some believe that this may even be conservative, with several predictions for GDP growth that are closer to 30% {Read More}
If you're thinking about refinancing your mortgage, know that while there are great reasons to do so, there are almost as many equally bad reasons to do so. That said, it often always depends on your unique situation, spending habits and goals.
We’re months deep into the pandemic that has rocked the entire world. Unfortunately, there are those who would take advantage of this vulnerable time. Keep the following things in mind and protect yourself, your family and your financial well-being. Here are some of the pandemic scams to watch out for, and some general tips to protect yourself from financial scams in general.
If you're in a cash-flow pinch, you could be considering a "hardship withdrawal" from your retirement plan. Before you do, learn all of the facts, possible penalties and the rules with our quick guide.
