Just Got Divorced? How To Save Money On Your Tax Return

When you and your significant other decide to dissolve your marriage, there is a long list of things that must be dealt with. Many of these things will impact your end-of-the-year taxes, which is something that you likely have not thought of. And, unfortunately, this is yet another headache to deal with. The good news is that there are a few things you can do to help make the situation a bit more comfortable when it comes to tax time.

Understanding Tail Risk And Its Wealth Management Implications

In the world of wealth management planning services, the issue of risk looms large. A specific form of risk, commonly referred to as tail risk, is one of the trickier issues even for the smartest professionals to wrap their heads around. It's a simple concept that isn't always self-evident in wealth management planning until something massive and unexpected hits. Let's explore what tail risk is and how planners try to prepare for it and even take advantage of it.

Do Financial Advisors Recommend Debt Consolidation Loans?

If you are thinking about speaking with a financial advisor, you might have some questions about debt consolidation loans. These loans can help you compile your debts into a single debt that you can pay with a single monthly payment. These are the things your financial advisor wants you to know about debt consolidation loans. Why Are Debt Consolidation Loans Advantageous? Debt consolidation loans are a good option for many people who want to reduce interest on their debt and pay off potential debt as quickly as possible.

Planning for Your Retirement Late: What Do You Need to Know?

A few decades ago, it was commonplace for people to start saving for their retirement once they were 18 and had their first job. Today, some may not start saving for their retirement until their 30s or 40s. This is considered "late," but it really shouldn't be; it's now becoming average. What should you know if you feel as though you're entering in late?  Don't Fret: People Are Living and Working Longer

Retirement Portfolio Basics: Understanding Your Investment Choices

If you are planning on setting up a retirement account, then it is important that you understand how to invest your money. It is not something that you should undertake lightly. The method you choose to use will determine how much your investments will grow. The following items are important to understand if you are self directing a retirement account and do not want your investments to stagnate. Diversify Your Account With a Portfolio Building Service