Personal Finance Archives - Page 15 of 26 - North Light Financial Services

Characteristics of the Millionaires Next Door

Characteristics of the Millionaires Next Door The habits and values of wealthy Americans. Just how many millionaires does America have? By the latest estimation of Spectrem Group, a research firm studying affluent and high net worth investors, it has more than ever before. In 2015, the U.S. had 10.4 million households with assets of $1 million or greater, aside from their homes. That represents a 3% increase from 2014. Impressively, 1.2 million of those households were worth between $5 million [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:13-04:00December 7th, 2016|Estate Planning, Personal Finance, Savings and Investing|Comments Off

What Expenses Could Change When You Retire?

What Expenses Could Change When You Retire? Some costs could rise, fall or even disappear. Your retirement may seem near at hand or far away, but one thing is certain: your future will differ from your present. Financially, that fact is worth remembering. Some of the costs you have paid regularly all these years may suddenly decrease or fade away. Others may increase. Will your insurance costs rise with age? Maybe not. You may find that your overall insurance expenses decline. [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:13-04:00November 23rd, 2016|Personal Finance, Saving & Budgeting, Savings and Investing|Comments Off

Social Security: Myths vs. Facts

Social Security: Myths vs. Facts Dispelling some misperceptions about the program. Some myths & misperceptions keep circulating about Social Security. These are worth dispelling, as more and more baby boomers are becoming eligible for their retirement benefits. Myth #1: Social Security will go away before you do. The federal government has announced that Social Security may become insolvent between 2033 and 2037 if no action is taken – but it is practically a given that Congress will act on the [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:14-04:00October 10th, 2016|Personal Finance, Social Security|Comments Off

Think About Your Lifestyle Before You Retire

Think About Your Lifestyle Before You Retire Sometimes planning for retirement isn’t entirely about money. How many words have been written about retirement? It’s a preoccupation for many, and we devote so much time, thought, and energy toward saving for the last day we go to work. Saving and investing in such a way that we no longer have to work may seem ideal at first, but it raises a question: what do you have planned for all of that [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:14-04:00October 6th, 2016|Personal Finance, Retirement|Comments Off

Getting Your Financial Paperwork in Good Order

Getting Your Financial Paperwork in Good Order Help make things easier for your loved ones when you leave this world. Who wants to leave this world with their financial affairs in good order? We all do, right? None of us wants to leave a collection of financial mysteries for our spouse or our children to solve. What we want and what we do can differ, however. Many heirs spend days, weeks, or months searching for a decedent’s financial and legal [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:14-04:00July 21st, 2016|Financial Fitness, Personal Finance|Comments Off