Fee-Based Vs. Fee-Only A “fee-only” financial advisor sounds strikingly similar to a “fee-based” financial advisor, but there’s a big difference in how they get paid. Do you know the difference between a fee-based and fee-only advisor?*I completely understand.I...
MoneyDo: Review Your 401(k) Contribution Do you know how much you’re contributing to your 401(k) account? Many Americans aren’t sure. In fact, about 2/3 of Americans aren’t even invested in their company’s 401(k) or retirement plan. If you aren’t invested, you should...
Most recent studies reveal that Americans dine out multiple times a week. Younger age groups reported eating out more often than their elders and spending more when they did eat out[i].Over fifty percent of Americans report eating out at least 2-3 times a week, and...
MoneyDo: Consider What To Do If You Inherit An IRA We’ve discussed the importance of beneficiary designations previously in MoneyDo. This week’s MoneyDo focuses on IRA beneficiaries: Consider what you should do if you inherit an IRA.Simply put, you have to do two...
Over the past 12 months the cost of meals prepared outside the home have climbed 3.1%, according to the latest consumer price index. By contrast, the price of groceries has risen less than 1% in the same span[i]. How Often Do You Eat Out Every Week?*NeverOnce per...
