Financial Planning and Wealth Management

4 retirement tips to help you ease into your next chapter

If you’re like most new retirees, you probably have a wish list of things you look forward to doing in your free time. Travel. Visit with your grandkids. Do more volunteering. It’s a great time in your life, but it’s also a big transition financially, as you move from relying on employment income to living on your retirement savings. With this in mind, we’ve put together another important list for you: four essential retirement tips that can help you ease into your next chapter.
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Author SAC FCU Managing Editor

Financial Planning and Wealth Management

Don’t keep up with the Joneses (for your own financial well-being)

Rich people live in huge houses, drive shiny new cars, and always have the latest and greatest gadgets, clothes, and more. Or do they? The fact is, how much stuff a person has is almost no indication of how much money they have in their savings account. Actually, it stands to reason that the more things they have, the less money they have. Your neighbors’ new boat doesn’t necessarily mean they have more money than you, and it certainly isn’t an indication of their financial well-being (or how well they sleep at night).

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Author SAC FCU Managing Editor

Financial Planning and Wealth Management

Who needs a personal financial advisor? (Probably you!)

You might be able to refinish a table, but chances are you’d call in a carpenter to build an addition on your home. When it comes to financial planning and goal setting, there are many tasks that people choose to do on their own, from budgeting to paying their taxes. But sometimes, it may be worth it to get some insights from the experts.

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Author SAC FCU Managing Editor

Financial Planning and Wealth Management

Acting your age: Why an estate planning checklist isn’t just for retirees

When many adults hear the words “estate planning,” they immediately assume it’s something their parents should be thinking about. But it’s worth considering at a young age, says Beverly Hobbs, AAMS®, an LPL Financial Advisor with SAC FCU Wealth Management, especially if you’re a parent or guardian.

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Author SAC FCU Managing Editor