Financial Articles

Budgeting for Beginners September 28, 2020 by Todd A. Gaswick Getting started with you household budget. Budgeting towards needs and goals. One of the objectives of creating a household budget is that, as time moves on and the various household members advance in their careers, they are likely to make more money. Knowing where that money goes can help direct that money to not only [...]

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Year-End Estate Strategies September 28, 2020 by Todd A. Gaswick What you need to know to get ready for the end of the year. With one year ending and a new one on the cusp of starting, many people will consider their resolutions—not their estate strategy. But the end of the year is a great time to sit down and review your preparations, especially when [...]

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Is Inflation On The Rise? September 21, 2020 by Todd A. Gaswick What to keep in mind regarding the recent CPI numbers.. Right now, many Americans are worried about their financial health due to the impact COVID-19 has had on the country. Adding to these concerns were July’s consumer prices— excluding food and energy—which rose at the highest rate in nearly 30 years. However, this jump may [...]

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How Much Do You Really Know About Extended Care? September 21, 2020 by Todd A. Gaswick Separating some eldercare facts from eldercare myths. How much does eldercare cost, and how do you arrange it when it is needed? The average person might have difficulty answering those two questions, for the answers are not widely known. For clarification, here are some facts to dispel some myths. True or false: Medicare will pay [...]

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Why Roth IRA Conversions May Now Be Advantageous September 14, 2020 by Todd A. Gaswick Thanks to a couple of factors, some investors are thinking about this move before 2020 ends. Roth IRAs have attracted retirement savers since their introduction in 1998. They offer the potential for tax-free retirement income, provided Internal Revenue Service rules are followed. Do Roth IRAs seem even more attractive these days? Perhaps. You can cite [...]

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Conquering Retirement Challenges for Women September 14, 2020 by Todd A. Gaswick Looking ahead can help you conquer these unique obstacles. When it comes to retirement, some women face obstacles that can make saving for retirement a challenge. Women typically earn less than their male counterparts and often take time out of the workforce to care for children or other family members. Added to the fact that [...]

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Making a Charitable Contribution July 20, 2020 by Todd A. Gaswick There are benefits and limitations when you decide to donate stock. Why sell shares when you can gift them? If you have appreciated stocks in your portfolio, you might want to consider donating those shares to charity rather than selling them. Why, exactly? Donating appreciated securities to a tax-exempt charity may allow you to manage [...]

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Eldercare Choices in the COVID-19 Era July 20, 2020 by Todd A. Gaswick Exploring your extended care options may be wise at this time. Given the threat of COVID-19, seniors today may be considering their extended care alternatives with extra caution.1 In addition to health factors, the cost can be an issue. According to Genworth’s 2020 Cost of Care Survey, the median annual cost of a semi-private room [...]

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What Determines Car Insurance Rates? July 13, 2020 by Todd A. Gaswick Driver history is just one factor; there are many others. Your auto insurance premium is based on more than your driving history. The amount you pay for auto insurance is determined by a complicated algorithm that takes many factors into consideration. Your driving history is just one variable used to calculate your rate. Read on [...]

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Retirement Is a Beginning July 13, 2020 by Todd A. Gaswick See if you are prepared to begin your retirement by answering four key questions. How do you know you are psychologically ready to retire? As a start, ask yourself four questions. One, is your work meaningful? If it is emotionally and psychologically fulfilling, if it gives you a strong sense of purpose and identity, there [...]

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