Financial Fitness - North Light Financial Services

How Millennials Can Get a Good Start on Retirement Planning

How Millennials Can Get a Good Start on Retirement Planning Some simple steps may make a major financial difference over time. If you are younger than 35, saving for retirement may not feel like a priority. After all, retirement may be 30 years away; if your employer does not sponsor a retirement plan, there may be less incentive for you to start. Even so, you must save and invest for retirement as soon as you can. Time is your greatest [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:15-04:00May 26th, 2016|401(k)/403(b), Financial Fitness, Savings and Investing|Comments Off

Tell Your Beneficiaries About Your Accounts and Policies

Tell Your Beneficiaries About Your Accounts and Policies Let them know how they will receive retirement assets and insurance benefits. Will your heirs receive a fair share of your wealth? Will your invested assets go where you want them to when you die? If you have a proper will or estate plan in place, you will likely answer “yes” to both of those questions. The beneficiary forms you filled out years ago for your IRA, your workplace retirement plan, and [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:15-04:00May 12th, 2016|Estate Planning, Financial Fitness, Personal Finance|Comments Off

Money Concerns for Those Remarrying

Money Concerns for Those Remarrying What financial factors deserve attention? Some of us will marry again in retirement. How many of us will thoroughly understand the financial implications that may come with tying the knot later in life? Many baby boomers and seniors will consider financial factors as they enter into marriage, but that consideration may be all [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:16-04:00March 30th, 2016|Financial Fitness, Personal Finance, Remarrying, Retirement|Comments Off

Financial Planning with Health Insurance in Mind

Financial Planning with Health Insurance in Mind How much might health care cost you someday? “Financially speaking, what would be the worst thing that could happen to you?” If you ask a hundred people in their forties that question, you may get a dozen different answers. Some may say “my business going under” or “losing my house.” Some might say “a divorce,” “a lawsuit,” or “being laid off.” But how many would say “a severe illness?” A catastrophic illness seems [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:16-04:00March 17th, 2016|Financial Fitness, Health Insurance, Retirement, Well-being|Comments Off

The Chapters of Retirement

The Chapters of Retirement The five phases of life after 50 & the considerations that accompany them. The journey to and through retirement occurs gradually, like successive chapters in a book. Each chapter has its own things to consider. Chapter 1 (the fifties). At this stage of life, retirement becomes less like a far-off dream and more like a forthcoming reality. You begin to think about when you can retire, and about taking the right steps to retire comfortably. By [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:16-04:00February 11th, 2016|Financial Fitness, Retirement, Well-being|Comments Off