According to security.org, sixty-two million Americans experienced credit card fraud in 2024, with unauthorized purchases exceeding $6.2 billion annually. It is also worth noting that most fraudulent charges were accessed remotely through personal data and account information, rather than lost or stolen cards. This highlights the importance of taking
An Exchange-Traded Fund (ETF) is an investment fund that holds a diversified portfolio of assets such as stocks, bonds, or commodities. For example, an S&P 500 ETF holds stocks from the 500 largest U.S. companies, providing investors with broad market exposure. ETFs trade on stock exchanges like individual stocks, offering
An estimated one in five Americans aged 65 and older were employed in 2023. This represents nearly a doubling of the share of those who were working 35 years ago. The number of older workers is not only increasing, but their earning power has also grown in recent decades. In
Before we begin to address the question of when to hire a financial advisor, it is essential to first understand what a financial advisor is and what their role entails. A financial advisor is a professional who helps people manage their financial situation and reach their financial goals. This involves
There are several considerations and milestones that should be considered when planning for retirement. Here is a list of milestones with their significance based on your age and the suggested actions you should take in your retirement plan. Age 21 An employer-sponsored retirement plan cannot exclude an employee from participating after the
A study from the Department of Health and Human Services (HHS) indicates that approximately 49 percent of men and 64 percent of women who turn 65 today will require substantial long-term care at some point during their later years. Supplementing this information, the National Association of Insurance Commissioners (NAIC) reported
Most people who fail don’t fail because they don’t try, it is usually because they don’t have the right system to create success. Success is intentional and so it is no surprise to learn financial security doesn’t happen by accident; it requires planning and intentionality. Whether you aim to pay
What will happen to your business if you’re no longer around to run it? Too many business owners put off this question, but failing to plan for the unexpected can be costly. Whether its due to death, disability, or retirement, it can leave your company, employees, and loved ones in
When it comes to investing, avoiding costly mistakes is essential for building long-term financial security and achieving your financial goals. Investment errors can not only erode wealth but also set you back years in your financial journey. Here are some common pitfalls to avoid. Lacking a clear financial plan It
Why Estate Planning Matters Estate planning is not just for the wealthy, it’s a crucial process for everyone, ensuring that your assets are distributed according to your wishes and that your loved ones are not burdened with unnecessary legal and financial challenges. Proper planning also prepares for unforeseen circumstances, such