Kimberly Foss highlights some of the biggest retirement saving mistakes to avoid, including overestimating wage-earning years. Kimberly notes that some workers insist they will work until age 70, so their nest egg has more time to grow. Trouble is, that’s
Target-date funds have been pitched and sold to investors as the “be all, end all” for retirement investing. They may not be all they’re cracked up to be, though.Kimberly Foss discusses why millennials should steer clear of target date funds.
Amid recent market volatility, Kimberly Foss reminds investors to focus on asset allocation and diversification. “Investing is a long-term endeavor: Stay diversified and stay the course,” she says. Click Here to Read this Article Download Hardcopy
Divorce is difficult at any age, but when it involves the division of a lifetime’s worth of assets – multiple properties, retirement funds, and investment accounts – it can seriously undermine the economic well-being of both parties involved. https://www.massmutual.com/individuals/educational-articles/severing-the-knot-after-age-50 Download
In an article discussing why it’s important for retirees to maintain solid credit ratings, Kimberly Foss notes that even high net worth individuals need solid credit scores to benefit from financing big purchases, like a new car, so they can
Kimberly Foss offers insight on the sensitive subject of lending money to family and friends, recommending a notarized loan document as one way to increase the chances of being repaid. Click Here to Read this article
Nerdwallet.com Going through a divorce may be difficult, but closing a joint bank account doesn’t have to be. Kimberly Foss suggests opening a new account in your name first, then closing joint accounts together and in person if possible. Click
Don’t blame clients for thinking that saving for retirement is all work and no play. Consider advisers’ common initial feedback to prospective clients: “You are not saving enough.” “Your portfolio isn’t diversified enough.” Click here to read this article
Start planning for college expenses. Find out what you can use your 529 savings account for. Click Here to read this article now
After you confirm that your Social Security check is accurate, it’s time to budget it properly. Read this article to know the proper steps to take. Click here to read this article now.
The decision on when and what type of LTC insurance to buy is deeply personal and must be made based on a client’s finances, health and long-term goals. Kimberly Foss discusses these options in Financial-Planning.com article “Broaching the LTC Insurance
There was a time not too long ago when talking about women and credit cards would evoke images of fashion divas wielding their plastic to fuel their designer shoe obsession. That stereotype may be due for a makeover as new
For many advisors, time management poses an ongoing challenge. And that’s without the allure of attending conferences. Kimberly Foss weighs in on the subject and offers her advice. Read more on this topic with Morey Stettner’s article. Click Here now
Money has continued to flow into municipal bonds, a market dominated by individual investors. Read Kimberly’s comments in this nytimes.com article by Paul Sullivan. Click Here to read this article now
With tax season at an end, many small businesses assume that the worst of their IRS filing worries is over. However, a handful of business owners still have one more battle to fight: the dreaded tax audit. How to Handle
The Department of Labor released a significant change in the retirement and IRA marketplace requiring fiduciaries to act in a client’s best interest when giving retirement investment advice. The final rule treats persons who provide investment advice or recommendations for
If you are quitting your job or being laid off, should you roll over your 401k to another plan? Read Kimberly’s comments for advice!
Considering a new Career? Many retirees are now going back to work in an area that they love and have never had the change to pursue. Before you reenter the work force, read these do’s and don’ts. Considering a New
Married women need a stash of cash just in case divorce rears its ugly head, say financial advisors who specialize in divorce planning. Click to read article
True wealth-building has way more to do with the way you manage your cash than how much of it you make. Read Nancy Mann Jackson article featuring Kimberly Foss in Acorns.com.
Kimberly Foss offers suggestion in Rodney Brooks article for New Years resolutions. Washington Post