Ask the Right Questions of Your Financial Advisor
Make the Most of your 401(k) with the Employer Match
In our previous SquareOne blog, we discussed the power of the time value of money. Now that we understand the benefits of compound interest, we want to look at ways to kickstart your retirement savings goals. Approximately 64% of all private industry workers have access to a defined contribution retirement plan, such as a 401(k) […]
Making Retirement as Good as Advertised
Make Retirement as Good as Advertised
The conversation surrounding the transition to retirement is often limited to its financial aspects. While finances are certainly a big part of the retirement equation, other non-financial considerations should not be neglected. For most, a job is more than just a means to a financial end, but something providing purpose and a sense of belonging […]
Make Better Use of Your Cash
Make Better Use Of Your Cash
One of the biggest frustrations for savers over the past year is the reduction in the amount of interest they are receiving in checking and savings accounts. While this is not a tremendous problem in and of itself, the recent concerns surrounding inflation exacerbate the problem when potential losses of purchasing power add to the […]
Combining A Roth IRA With An Emergency Fund
Combining A Roth IRA With An Emergency Fund
The basic building blocks for successful personal finances are creating an adequate emergency fund and consistently saving for retirement. In this week’s article, we look at a rule that allows investing in a Roth IRA account and use it as a part of your emergency funds if needed. As a refresher, you can learn more […]
Is Your “Safe” Money Safe?
Is Your “Safe” Money Safe?
Recently a company based out of California that promotes buying gold suggested that banks no longer provide FDIC insurance for your savings and deposits. This misinformation has lead to a lot of angst for depositors, so I thought it was a good time to discuss your ‘safe’ money. For the broad general public, there are three […]