Financial Focus - Avoid these estate-planning mistakes
NOTE:This article was written by Edward Jones for use by your local Edward Jones Financial Advisor Jennifer Phillips 703 Hebron Ave Glastonbury, CT 06033. This article may be used by other Edward Jones Financial Advisors.
Read full storyFinancial Focus - New limits expand 401k, IRA opportunities
NOTE:This article was written by Edward Jones for use by your local Edward Jones Financial Advisor Jennifer Phillips 703 Hebron Ave Glastonbury, CT 06033. This article may be used by other Edward Jones Financial Advisors.
Read full storyFinancial Focus- Estate Planning for Blended Families.
If you’re in a blended family, you’re already aware of the emotional and financial issues involved in your daily life. But what about the future? When it’s time to do your estate planning – and it’s never too soon for that – you’ll need to be aware of the entanglements and complexities that can get in the way of your vision for leaving the legacy you desire.
Read full storyFinancial Focus - Estate plans let you control your legacy.
When you hear “estate planning,” what do you think of? For many people, these words evoke images of immense wealth. But estate planning isn’t just for the wealthy – it’s for everyone. And it’s about more than preserving wealth – it’s about putting you in control of your own legacy. But how can you achieve this worthy goal?
Read full storyFinancial Focus - Will investors change behavior after the pandemic?
The COVID-19 pandemic may end up changing our lives in some significant ways. To cite one example, it’s likely we’ll see a lot more people continue to work remotely, now that they’ve seen the effectiveness of tools such as videoconferencing. Education, too, may be forever changed in some ways. Perhaps just as important, though, is how many people may now think more about the future – including how they invest.
Read full storyFinancial Focus - Financial Checklist for New(er) Parents.
If you’re a brand-new parent, or even if you’ve been one for a little while, you’re no doubt filled with the many joys your child brings you. But as caught up as you are with the feelings and experiences of today, you also need to think about the future – specifically, the financial issues that accompany a growing family. What are some of the key moves you need to make?
Read full storyFinancial Focus - Protect Benefits for Children with Special Needs.
If you have a child or other family member who has special needs due to physical or mental conditions, you face a variety of challenges planning for their care, including financial ones. You may also have some well-meaning relatives who want to help, but who may not realize that their moves could actually result in some serious lifestyle and monetary problems for your loved one. Fortunately, by planning ahead, you can avoid these potential traps.
Read full storyFinancial Focus - Open Enrollment Choices can have a Big Financial Impact.
It’s that time of year again, where, if you work for a medium-to-large employer, you’ve got some decisions to make because it’s open enrollment time. Of course, depending on your situation, you may have been working remotely for a while, but, even so, you will likely have the opportunity to review your benefits package and make changes. And you’ll want to make the right moves, because your choices can have a big financial impact on your life.
Read full storyFinancial Focus - Protect your financial information online.
If you’re an investor, you probably enjoy the convenience of managing your accounts online. But you’ll also want to make sure that you’re not making it convenient for hackers, “phishers” and others with bad intentions to gain the same access.
Read full storyFinancial Focus - Should you buy term insurance and invest the difference?
If you have children or other loved ones who depend on your financially, you need life insurance – no question about it. And you’ll need an amount that can enable your family members to continue their lifestyle if you aren’t around. But there may be less certainty about what type of insurance you should purchase: term or permanent. And the issue can cause even more confusion if you’ve heard the phrase: “Buy term and invest the difference.” What does this mean? And is it good advice?
Read full storyFinancial Focus - Help protect your family's inheritance.
You might contribute to your IRA for decades to help pay for your retirement. But if you don’t need all the money, you may want to leave what’s left to your children or grandchildren. However, if you want to ensure they get the most from this inheritance, you’ll need to do some planning.
Read full storyFinancial Focus - How can women overcome obstacles to Financial Security?
Back in March, we observe International Women’s Day, a celebration of the social, economic, cultural and political achievements of women. Of course, women still tend to encounter more obstacles than men in the pursuit of financial security. Let’s consider a few of them.
Read full storyFinancial Focus - Prepare yourself financially for illness, just in case.
All of us hope to live long, healthy lives, so we do what we can to take care of ourselves through proper diet, exercise and avoiding unhealthy activities. However, none of us can predict our future, so it pays to be prepared for anything – including a serious physical illness or the onset of some type of mental incapacity, such as Alzheimer’s disease.
Read full storyFinancial Focus - Are your loved ones prepared to be caregivers?
Once you’re retired and your children are grown, they are likely “off the books,” as far as your financial responsibility for them is concerned. Yet, you’re probably still prepared to do anything to help them – but are they ready to take care of you if the need arises?
Read full storyFinancial Focus - Plan ahead before joining the "Great Resignation"
It’s been called the “Great Resignation” – the large number of Americans voluntarily leaving their jobs. If you plan to be part of it (ideally with another source of employment lined up), you’ll need to make the financial moves necessary to keep making progress toward your long-term goals.
Read full storyFinancial Focus - Help grandkids prepare for the future
If you’re a grandparent, you don’t need Grandparents Day, observed on Sept. 12, to remind you of the joys of having grandchildren. Yet, you might want to use this day as an opportunity to think about ways to help provide for your grandchildren’s future.
Read full storyFinancial Focus - Be prepared for long-term care costs
Like everyone, you’d like to enjoy a long, healthy, independent life. But the future is unknowable, so it’s a good idea to prepare for a variety of outcomes – including the possible need for long-term care.
Read full storyFinancial Focus- Are trust services right for you?
If you’re extremely busy with your career and family and you’ve accumulated a fair amount of assets, you might be concerned about a variety of issues related to financial management and legacy planning. Specifically, you might think you don’t have the time or expertise to deal with these matters effectively. If this is the case, you might want to consider using a trust company.
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