Financial Planning

Financial Planning is a broad topic that spans your entire financial life. These articles cover your early finances, the retirement saving and planning process, the related topic of Social Security, your retirement, and finally estate planning. Additionally, check out related articles in these sections: investing, savings, and real estate and homeownership.

Financial Planning is a subsection of asset management.

How to Make an Early Roth IRA Withdrawal (and Why You Might Want to)

How to Make an Early Roth IRA Withdrawal (and Why You Might Want to)

Roth IRAs are a great way to save for your retirement. Like Traditional IRAs, Roths are set up so that you will only have to pay income taxes on your money once rather than getting the […]

7 Costly Retirement Savings Mistakes to Avoid

7 Costly Retirement Savings Mistakes to Avoid

Our Social Security system is in crisis. Despite the fact, many people do not give retirement planning enough of a priority. This is especially true when life is hard — making it difficult to think about […]

8 Relocation Costs to Consider Before Moving

8 Relocation Costs to Consider Before Moving

While many people relocate for the purpose of pursuing a new job, relocation can be an alternative for just about anyone who is looking for a lifestyle change, a decrease in living expenses, or who plan […]

How to Avoid Financing a Vacation

How to Avoid Financing a Vacation

Many of us enjoy going on vacation. I love to travel, and I love going on trips. With summer coming up, when my son and husband are out of school, it’s fun to plan vacations. However, […]

How Much Money Do I Need to Retire? Figure Out in 3 Steps

How Much Money Do I Need to Retire? Figure Out in 3 Steps

There are a lot of sites that help you determine how much you need to save for retirement to maintain your lifestyle. I have never been comfortable with them because they usually don’t share the logic […]

The Real Difference Between Roth and Traditional IRAs

The Real Difference Between Roth and Traditional IRAs

There is a limit which is set by the IRS every year for both Roth and Traditional IRA accounts. The current IRA contribution limits for those under 50 is $5,000 and for those over 50 it […]

What Happens If You Contribute Too Much to Roth, IRA or 401k?

What Happens If You Contribute Too Much to Roth, IRA or 401k?

You can find countless approaches to save for retirement. For example, you can open a Roth IRA with a financial planner, contribute to a 401k through your company, contribute to a self-employed retirement plan, make investments […]

Should You Enjoy Retirement Now and Work Longer Later?

Should You Enjoy Retirement Now and Work Longer Later?

One of the more interesting concepts I’ve heard of in recent years is that of “lifestyle design.” I’m a big fan of lifestyle design because it encourages you to think of what it takes to live […]

Spousal Benefits and Social Security Strategies for Married Couples

Spousal Benefits and Social Security Strategies for Married Couples

While aspects of social security benefits can be complex for individuals, the matter often gets more complicated for married couples. In order to plan out the best strategies for dealing with social security when it comes […]

6 Wealth Building Strategies While Living Paycheck to Paycheck

6 Wealth Building Strategies While Living Paycheck to Paycheck

A common excuse for not saving enough is that there simply isn’t enough to go around. However, the tried-and-true strategies for building wealth do not involve a lot of money. Rather they focus instead on the […]

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