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Financial Planning Checklist for Baby Boomers

The following is the first in a series of articles aimed at providing members of a specific generation with a checklist of financial planning priorities appropriate to their age and circumstances. This first article in this three-part series provides a

Retirement Investing: Finding the Right Balance Between Growth, Protection

What’s the first thing people look at when they open their investment account statement? Usually their eyes go right to the bottom line, to see how much their shares of stock, or their mutual fund portfolio, or their retirement plan

Surviving the Sandwich: A Financial Balancing Act for People with Adult Kids, Aging Parents

If you’re feeling pressure to provide some kind of financial support to your aging parents as well as to your children while still trying to meet your own monetary goals and obligations, if you find yourself struggling to set your

Best Financial Advice for 2017: Experts’ Top 15 Money Tips for the New Year

If you follow the Chinese zodiac, 2017 is the Year of the Rooster. But it might as well be the Year of the Question Mark for all the uncertainty surrounding financial markets, government policy and the global geopolitical landscape. What

Your 401(k) and Prudently Managing It

Slowly but surely over the past several decades, the 401(k) retirement plan, which puts the responsibility for building a retirement nest egg on workers, typically without much help from their employers, has supplanted the traditional pension plan to become the

Long-Term Care, Disability and Critical Illness Insurance: Worthwhile Protection or Waste of Money?

As long as human beings have walked the earth, they’ve been exposed to risk — risks that threaten their health and well-being, their property, their lifestyle and their livelihood. Insurance affords us protection for those moments when risk becomes reality.

Minnesota Commerce chief says elder financial abuse needs urgent response

StarTribune.com – Minnesota Commerce chief says elder financial abuse needs urgent response – November 20, 2016 John Heath is part of a boom industry. Financial exploitation of the elderly. Heath, 45, an Edina financial adviser, is scheduled to be sentenced

The Emergency Fund: Why, How Much, How to Build One and Where to Keep the Money

Insurance protects us from a wide range of risks that accompany our day-to-day lives. Yet there’s none available specifically to protect people from one of the biggest risks there is: unforeseen financial emergencies. So when someone unexpectedly loses their job

How Much is Too Much? Understanding How Much to Hold of Any One Investment

The emotional and financial scars left by the stock market plunge that decimated so many nest eggs during the economic turmoil of 2008-2009 may have faded, but the lessons from the Great Recession apply as much today as ever. And

How many bank accounts does a person need?

StarTribune.com – How many bank accounts does a person need? – Jason Kley, October 29, 2016 While opening additional credit cards or deposit accounts to receive a one-time discount or capture an attractive interest rate may make financial sense in


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