A Blog About Personal Finance

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!

Equity Release Mortgages and Lifetime Mortgages refer to the same mortgage, and are available to anyone who is age 55 or above. Equity Release Schemes allow you to release capital from your home either as a one off lump sum [...]

To help with retirement preparations, the U.S. government has released an extremely helpful and easy-to-use retirement savings calculator to help you calculate and understand your IRA and other retirement finances. To learn more about it, why it works and where you can get it - keep reading.
Background
The calculator’s accompanying guide is titled “Taking [...]

Among the many preparations needed for retirement and estate planning, retirement savings provide a fantastic tax shelter. However, to maximize those tax savings you have to understand the Roth IRA rules and requirements.
Basically, the contributions you make to a traditional retirement plan are done on a pretax basis - employers match your contributions and [...]

In today’s one-stop service world for retirement preparation, financial services professionals are expected to do everything - attend estate planning courses, understand taxation issues, be able to handle trusts, be familiar with Roth IRAs, understand insurance policy and on top of it all, manage investments.
However research shows that most financial advisors are ill-prepared and [...]