Planning on working during retirement? If so, you’re not alone. An increasing number of employees nearing retirement plan to work at least some period of time during their retirement years. WHY WORK DURING RETIREMENT? If you work during retirement, you’ll be earning money and relying less on your retirement savings — leaving more to potentially […]
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Applying for a Mortgage
Since most people finance their home purchases, buying a home usually involves applying for a mortgage. Here is some basic information to help guide you through the process. MORTGAGE PREQUALIFICATION VS. PREAPPROVAL Before applying for a mortgage, you’ll want to shop around and compare the mortgage rates and terms that various lenders offer. When you […]
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How Will I Manage to Send My Child to College?
Being able to send your child to college is a common goal for most parents, but a diploma doesn’t come cheap. The best thing to do to achieve your goals is to start saving as early as possible, even if you’re able to save only a small amount at first. HOW MUCH DOES COLLEGE COST? […]
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How Financial Planners Can Help High-Net-Worth Individuals
Everyone has specific goals they wish to achieve. From buying a home, getting married, saving up for our child’s education, lowering our tax burden, and building a large retirement corpus. To do all these things, you need a carefully crafted financial plan. Unlike average investors, high-net-worth individuals often utilize accumulated assets and a constant income […]
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Maryland’s Save4College State Contribution Program
The thought of paying for college can be overwhelming for many people, but a lot of the stress and pressure can be relieved with careful planning. There are many college savings options and saving in a 529 plan is a great option to consider. 529 plans are tax-advantaged education savings vehicles and are one of […]
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Trust Basics
Whether you’re seeking to manage your own assets, control how your assets are distributed after your death, or plan for incapacity, trusts can help you accomplish your estate planning goals. Their power is in their versatility — many types of trusts exist, each designed for a specific purpose. Although trust law is complex and establishing […]