Student Loan Debt Reduction or Retirement Savings? Where to Begin

There is never enough money to go around. Each month you make important decisions which impact your long-term financial well-being.High student loan debt and low retirement account balances arehot topics affecting millions of consumers. In 2016, graduates completed school with an average of $37,172 in student loan debt – enough to cause many Millennials to […]

Debt Reduction Plans and Options in Retirement

Most American’s nearing retirement are facing the harsh reality that household debt will not be eliminated prior to leaving the workforce. Some carry debt into retirement because their jobs ended earlier than expected due to layoffs or health issues prevented the continuation of employment. Some leave work to care for a spouse or a loved […]

Update on Social Security Changes Impacting Retirement Income for 2016

When Congress passed the budget bill in October 2015, they included changes to social security payments that might alter the way you take payouts upon retirement. They also established a very short window of time for grandfathering in qualified applicants impacting many soon-to-be retirees. If you are currently receiving social security, your benefits will not […]