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Plan the Life You Want.

As is often quoted, the best laid plans of mice and men often go astray. But, that is not an excuse not to plan. Planning is all about the things you can control, and at the same time being aware of economic, social, and business trends that will affect you and your family.

Trends

Many trends sneak up on us if we do not keep up with the news both in general and in business. Even if we are not involved in a business directly, business trends have an effect on everyone's lives. For example, automation that will extend into our every day lives and will likely affect the way we live and work.

The best way to keep up with trends is to read reputable newspapers and magazines which should include career related trade journals. You can also find blogs online that discuss subjects in your field.

Nov 3, 2018
Mortgage Rates to Rise
December Fed Meeting
If you are planning to purchase a home or to refinance your present home it would be a good idea to lock in an interest rate as soon as possible.
It is a pretty good bet that the Federal Reserve Bank will raise interest rates in December. Employment rates continue to rise and now it looks like wages are rising also. That's all the Fed needs to raise rates.
Many lenders will allow you to lock in a rate for up to 90 days for a small fee. When comparing mortgage rates, ask the lender about a mortgage rate lock in. But, whatever you do, do it now. Start your process and get bids from several lenders. More info...

Nov 2, 2018
How to save for retirement without a 401(k)
Katie Lobosco
When it comes to retirement saving, a 401(k) is often considered the gold standard.
A 401(k) certainly makes saving easier. The money is taken directly from your paycheck, before you get a chance to spend it elsewhere. Making contributions lowers your taxes, and some employers even match the amount you save.

But a third of private sector employees don't have access to a workplace retirement plan. Plus, about 15 million Americans are self-employed. More info...

Apr 6, 2018
The Path To Retirement At Any Age
Catherine Schnaubelt
This is the first blog in a three-part series that focuses on anticipating and planning for retirement based on your current stage of life and expectations for the future.

Anticipating your future retirement needs may feel overwhelming. Many factors may make retirement seem more challenging than ever before. Traditional pension plans have all but disappeared, and many remaining plans struggle with inadequate funding. Social Security reserves are projected to run dry in the relatively near future. Additionally, as life expectancy increases, many retirees face the possibility of outliving their assets. More info...

Apr 6, 2018
Bankruptcy Removal from Your Credit Report
Community Credit
A bankruptcy can destroy your credit score. A bankruptcy listing on your credit report will seriously affect your ability to get a loan or even rent an apartment. And even if you are able to get a loan, you will pay a much higher interest rate because of the bankruptcy. More info...

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