It would seem that high net worth individuals would need to worry and plan less for retirement than those with fewer assets. However, properly planning for retirement is not specific to an income group and individuals at all levels face the same challenge, which is having enough income to meet their needs and desires and maintain their lifestyle for an … Read More
Start early and stay the course: Tips for handling higher education expenses
For the past 20 years, higher education costs have not only risen (much) faster than inflation, but they’ve increased at a higher rate than costs in just about any other sector, including health care! While total inflation since 1994 has averaged 2.3% a year, health care costs have risen 3.7% yearly on average. But that pales in comparison to college … Read More
First step of retirement planning? Figure out your goals
Are you ready for retirement? There are a lot of calculators out there, from simple to complex, that claim to help you figure that out by crunching your numbers and spitting some back at you. Knowing the numbers can be helpful to give you a basic idea of where you stand. (FYI, we like this calculator from Bankrate.) But numbers … Read More
Help your employees get the most out of their benefits
Smart business owners know that to attract and retain quality employees, they must provide a congenial working environment where employees can find opportunity for growth, success, and professional satisfaction. Happy, healthy, productive employees make a business stronger and translate into profits and organizational success. Obviously, base compensation is a key recruitment and retention tool and must be competitive, but owners … Read More
Is CT Long-Term Care Part of Your Retirement Plan?
Is CT Long-Term Care Part of Your Retirement Plan? Connecticut long-term care, like life insurance, is a sensitive subject for many Connecticut residents. While no one wants to think about the onset of a severe disease or ailment, there is a strong likelihood that Connecticut residents will face some kind of health complication, which could result in the need for … Read More
Wallingford Financial Planning: Evaluating the American Dream
Wallingford Financial Planning: Evaluating the American Dream As part of a larger investigation on the state of the American Dream, CNN Money released the results of a poll which asked the public to reflect on the attainability of the American Dream. Not surprisingly, over half of the population believes that they will never fully attain the quintessential American Dream, with … Read More