Pre-65 Retiree Health Insurance

Twice a week, I have a conversation about retiring before age 65 and what to do about health insurance. Under an employer’s group health insurance plan, the employee generally only pays about 20% of the monthly premium costs. However, when purchasing insurance on your own, you should expect to pay 100% of that cost. That… Continue reading Pre-65 Retiree Health Insurance

TikTok Financial Advice

TikTok can be a mixed bag when it comes to financial advice. While there are some knowledgeable creators sharing useful tips, there’s also a lot of misinformation. Here are a few key points to consider: In summary, while TikTok can be a source of inspiration and basic tips, it’s crucial to approach the advice with… Continue reading TikTok Financial Advice

Should the Presidential Election Impact My Investment Strategy?

When it comes to investment decisions during a presidential election, many people are tempted to adjust their portfolios based on potential policy changes. However, making investment choices solely based on election outcomes can be risky. Markets tend to be volatile in the short-term leading up to an election, driven more by uncertainty than actual economic… Continue reading Should the Presidential Election Impact My Investment Strategy?

Buy Now, Pay Later?

“Buy Now, Pay Later” (BNPL) services like Affirm and Afterpay can be tempting because they let you break large purchases into smaller, more manageable payments. But they also come with risks that you should be aware of. Overspending: Since you’re not paying the full price upfront, it’s easy to spend more than you can afford,… Continue reading Buy Now, Pay Later?

Maximizing Your Social Security

Social Security is something we’ve all heard about, but how exactly does it work? It’s a pay-as-you-go system, which means that if you’re currently working, you’re paying into Social Security. Today’s workers and employers are funding the benefits for those who are receiving them right now. Now, if you’re anything like us, then at some… Continue reading Maximizing Your Social Security

Top 5 Ways Plan Sponsors Can Empower the Financial Wellness of Latino and Hispanic Employees

  The second-largest racial or ethnic group in the United States is Latino/Hispanic, sitting at just under 19% in 2020. This number is expected to grow, and as Latino and Hispanic individuals make up a larger portion of the U.S.’s labor force, their economic power will grow as well. Amid this growth, Latino and Hispanic… Continue reading Top 5 Ways Plan Sponsors Can Empower the Financial Wellness of Latino and Hispanic Employees