3 Pitfalls to Avoid A common error in retirement planning is having a singular bias towards when you retire. That mindset can be dangerous when many financial products are marketed towards individuals seeking a simplistic, reductive approach to investing for the future.Target date funds are mutual fund...
Learn How Axias Wealth Advisors Uses Industry Data to Inform Investment Decisions Financial products are difficult to assess on your own. Mutual fund companies heavily advertise to market their funds to brokers and individuals for investment. But how can you know which funds have strong performance,...
SPOUSAL ELECTION Pennsylvania law ensures that a surviving spouse may not be disinherited. In fact, a Pennsylvania surviving spouse has a right of election if he or she is not satisfied with the distribution they are to receive under the will. If the surviving spouse has...
Ignoring long-term care coverage can derail your retirement savings … but there are options to keep you on track, in the form of hybrid and stand-alone policies. Here’s a number that puts the future in sharp relief: According to the Department of Health and Human Services,...
We all have that friend or relative. “The time to refinance is now! Rates are crazy cheap!”It is true that interest rates are currently at historic lows, even as the Federal Reserve is likely to raise rates in 2022 to combat inflation and COVID-19 hangover...
Are you seeking a miracle to get caught up on credit card debt? Thankfully, you will not need one – a balance transfer might do the trick.A balance transfer moves debt from one credit card to another. The benefit? Often a promotional 0% APR for...
When choosing to invest in mutual funds, one must ask a few key questions: do you want passive or active portfolio management? What is the difference? How will this affect returns in the future? Active Management: Actively managed funds seek to beat a given market index by...
One of the worst things that can stand in the way of your next home, car, refinancing, or other financial activity is having a bad credit score. Building your credit is one of the best ways to enable your financial opportunities for the future. Let’s breakdown...
There are a few critical financial choices college freshman will face. I suggest you compare your current health insurance plan with the options available through the college to identify savings opportunities. Auto and renters insurance can greatly impact your finances. Review your policies so you know...
Before you jump into investing for your short- and long-term goals, it can be helpful to have some foundational financial tasks accomplished. Once you have achieved these steps, you will be in a much stronger place to begin investing. Manage your debt. High-interest debt and...