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3 Tips for Adjusting your Budget Once you Become an Empty Nester

Although few parents would say it aloud, they're all proud and happy when their children leave the nest. Not only does it mean they've raised responsible kids ready to go out and tackle the challenges of the world independently, but it also means that parents can retool their finances to focus on their own needs alone rather than those of a couple plus children.

5 Financial Factors to Consider when choosing a Retirement Location

Planning for retirement is only half the battle in preparing yourself for those golden years. Yes, it is important to ensure that you've set aside enough money to live comfortably. However, if you've always dreamed of living somewhere different in retirement the amount of money you need to live comfortably could change drastically based upon where you end up living.

Do Your Homework Before Moving into A Retirement Community

All of life's decisions come with some level of research. Consider buying a new car as an example; you would not just walk onto the lot looking for a four-door car in red and take whatever the salesperson points you toward. Why treat moving into a retirement community any differently?

3 Unexpected Retirement Costs That Can Shake Up Your Finances

Most Americans spend their entire career working hard to save money for retirement. The goal of reaching retirement is to eventually take your foot off the gas and relax a little, but stress can creep in when you find that you do not have enough money to make it through retirement. Even for those who save money for retirement, there are unexpected costs that can arise.

The Best (and Worst) Places to Retire In the US

Retirement sometimes offers a variety of difficult financial hurdles to overcome. Even when you think you have saved enough to live out those golden years in style, rising health care costs or changes in the tax code can throw a wrench in your plans.

Should I Pay Off My Debt or Save for Emergencies First

Whether a formal budget is put together or not, everyone has a budget they live by in life. You can only spend as much money as you can access on an annual basis, whether that is directly through your paycheck or through loans and credit cards. Ideally, you are spending less than you make each year and not taking on too much debt.

Start Christmas Shopping Now

When the temperatures are hot and the family's summer vacation is on your mind, the last thing you should be thinking of is winter. More specifically, Christmas is probably very far from your mind during the warm summer months. However, there is something to be said for planning ahead and starting your Christmas shopping now.

Pros and Cons of Buying a Summer Vacation Home

Ask most Americans if they have a vision for their retirement years and you are bound to hear similar answers. Now, ask those same people what their exact vision for retirement is and you are bound to start getting some differing responses. One popular investment for Americans retired or not is a summer vacation home.

Financial Planning: Dangers of Doing It Alone

Preparing for retirement requires a financial plan that considers a variety of factors. According to the Financial Planning Association of Minnesota, "financial planning is a process and not a product." Your financial plan is a long-term approach to managing finances to achieve a dream or goal for the future.

People Before Profit: Why CEOs are on Board

The average CEO in America is viewed with distaste by many of the average Joes working within the company. While the latter individuals work 40-45 hours per week to help the company succeed and earn a nominal wage in the process, CEOs often work the same hours with a wide variety of perks and a paycheck that can sometimes reach well into the millions annually.

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