Under the most common pattern of employee benefits being offered today, workers accumulate substantial savings before retirement. They then gradually draw down those savings during retirement.
As a small-business owner in the Santa Clarita Valley, a tougher economy may provide an opportunity for you to increase your bottom line by carefully examining each expense and cutting out the extras.
People are living longer than ever. As a result, they are incurring more expenses related to their older years (nursing homes averaged about $5,500 per month per person).
Sergeant is a rank used in some form by most military and police forces around the world.
The personal saving rate in the U.S. has declined sharply in recent years.
Hidden in the voluminous American Recovery and Reinvestment Act of 2009 - otherwise known as the Stimulus Bill passed by Congress last month - is a provision that may prove to be a dangerous trap for many American businesses.
It's easy to be beaten down by the constant trumpeting of how bad the economy is, and it's just as easy to feel overwhelmed by opportunities. There seems to be no middle ground.
No one knows when the market will reach the bottom, or whether it already has. A few good indicators of the market moving positively are that the S&P 500 gained 8.8 percent (total return) in March 2009 - the best monthly performance since October 2002 - and the fact that total capitalization of the U.S. stock market increased by $700 billion during the month of March to $9.4 trillion.
The Family Caregiver Alliance has compiled a list of practical tools and resources designed to address the needs of informal caregivers and the professionals supporting them. While a plethora of online information exists, specific tools and resources had not been gathered into one collection where professionals and caregivers alike could quickly and easily access them - until now.
An entrepreneur called me the other day for some brainstorming. It seems that he discovered his company had been billing a client half of what he should have been billed. This client had been difficult in the past and the entrepreneur wasn't looking forward to dealing with him. He knew he had to do something though, and his partner felt it had to be done in a face-to-face meeting with the client. They felt the client had to know what was going on before getting revised pricing and a bill for the oversight.
In February, Congress enacted the American Opportunity Tax Credit, which includes a new $2,500 college tax credit for 2009, 2010 and possibly beyond. Your family may have not qualified for earlier college tax credits, but it just might for this one.
Those who have passed Accounting 101 understand that business owners should focus on building the net worth of their business by adding to their asset base while reducing liabilities. The difference is owner's equity, the value of the business.
Most investment options offered by company-sponsored retirement plans are designated for the accumulation phase of retirement, and not the income phase.
I like to call "referrals" the low-hanging fruit on the tree of sales because they are a reward for a job well done.
Have you heard story about the business owner who went home to visit her mother?
When we moved into our home, a row of six tall and bushy pine trees provided ample shade and privacy for our back yard.
Forbes reported that millions of employed Americans are switching employers each month.
Spring is here and many of us are busy cleaning out closets and dusting the cobwebs that may have accumulated during the winter. While you are taking on spring cleaning projects, consider taking a fresh look at your finances.
If there is one thing that makes me angry, it is the statement stuffed into my cable television bill telling me that the price I have to pay has gone up.
This past week I watched Brian Tracy's video "Success is a Journey" a total of five times as I facilitated client orientations.
If you are one of the millions of Americans receiving a refund this year, following are several ways to put your refund to work.
I don't do it as often as I should, but one of my favorite tools is asking thought-provoking questions of my clients.
When it comes to buying or renting a home, bias too often still appears in all shapes and sizes - because of religion, age, race, sexual orientation, a handicap, a partner from a different race, a different nationality, or simply the presence of kids.