Retirement Income Realities & Solutions

The goal of traditional retirement planning has been to build a “nest egg” of personal savings and investments that will supplement Social Security and pension benefits.  Together, these three sources of retirement income have long been referred to as the proverbial “three legged stool”—a solid and well-balanced foundation for building financial security in old age. (more…)

Your Mission: Designing a Purposeful Life

When individuals set goals that are especially meaningful to them, they experience a sense of mission. They feel enthusiasm for the tasks that lie ahead and for what they intend to accomplish. At every stage of life, having a mission gives them a reason to get up in the morning, a reason to bounce back from setbacks, and a reason to explore their potential. (more…)

The Role of “Work” in Retirement

The concept of retirement is undergoing a metamorphosis.  Demographic, societal, and workplace trends have all converged to offer a stage of life that is much more fluid and flexible than what most of us previously imagined.  In fact, retirement has become a matter of personal definition. (more…)

“Anytime” Resolutions

The tradition of making New Year’s Resolutions goes all the way back to ancient Rome.  In 46 B.C. Julius Caesar developed a new calendar and named the first month of the year after Janus, the god of beginnings and endings.  Janus has always been depicted with two faces—one on the back of his head that allowed him to look behind and one on the front of his head that allowed him to look ahead. (more…)

Money for College

When it comes to college, you’re more than what you pay

Are you sacrificing your financial security for your child’s higher education?

Here in California, we joking refer to Harvard as “the Stanford of the east.” That gentle jab reflects the rivalry between two schools renowned for their stunning campuses, prominent faculty, prestige and sky-high costs. Four years of tuition at either school will set a family back more than $200,000. (more…)

Are You Fluent in Finance?

Maybe it’s time to learn a new language

Just 130 years ago, one in five white American adults was considered illiterate. And only 20 percent of adult African Americans could read and write. Today, nearly everyone in America is literate. What if our financial literacy could make a similar leap? (more…)

Prepping for the College Savings Test

If you’re saving for a child or grandchild’s college education, brace yourself. The annual cost at the typical private university now exceeds $38,000, and the annual cost at the typical public college is greater than $17,000.1 Multiply those figures by four, and you might wonder if it’s worth it to send Junior to college. In most cases, the answer is yes. Fortunately, there are ways to make your college savings work harder for you. (more…)

Tools to Help Realize Your Year-End Charitable Giving Goals

Guest post by Jada Diedrich

As we enter the holiday season, we often feel compelled to evaluate, and frequently to increase, our charitable giving. This time of year, specifically, seems geared toward reminding us that giving to others can be personally fulfilling in a multitude of ways. In many cases, our deepest values guide us to give back to our communities, contributing to the causes that we hold most dear and where we can make an impact. (more…)