Our goal is simple: To improve the financial well-being of our members. This also happens to be the mission statement at Mutual 1st Federal. We want to make ...
Changing the Way You View Market Volatility
For those experiencing concerns over a 360 point in the Dow Jones Industrial Average, the decline needs be put into proper context. Wednesday’s
What’s the best age to retire?
Retirement columnist BOSTON (MarketWatch)—If you’re going to do it—retire, that is—you might as well do it at the right age. And doing it at the right age, according to the authors of a soon-to-be published paper, involves a bit of homework Retiring at the optimal age should not be left to chance, according to Kenn Tacchino, a professor of taxation and financial planning at Widener University, and Patricia Tacchino, co-authors of a soon-to-be-published paper in Benefits Quarterly Rather, choosing a retirement age needs to be a rational decision that accounts for a variety of confusing and competing consideration, the Tacchinos wrote. And to reach a rational decision, the authors say, would-be retirees would benefit from…
Financial Wellness and What Your Financial Advisor Isn’t Telling You
Manisha Thakor and Financial Finesse CEO Liz Davidson explore what it means to achieve financial wellness.
Consumers Want More Financial Advice from Banks
Consumers see their banks as more of a stressful utility, rather than a financial advisor. According to the Future of Money report released by Cognizant, banks are not proactive with the financial needs of their consumers; 90% of consumers surveyed stated that they primarily deal with their bank for simple transactions only. 'Simple transactions' exclude any discussion around financial health, including insurance coverage or retirement savings, according to the report, which surveyed about 3,000 consumers in the United States and the United Kingdom. The report also concludes that consumers are keenly feeling the lack of financial advice, especially as they often
5 Tips To Survive Stock Market Volatility In Retirement
The first two weeks of 2016 have served as a ...
Surgeon jumps from bridge after divorce from TV personality wife
A top local surgeon and the ex-husband of ABC News’ chief women’s health correspondent killed himself by leaping off the George Washington Bridge, it was reported Sunday. Dr. Robert Ash…
Is the Middle Class Listening to the Wrong Investment Advice?
Investment Advice for the Middle Class If you are like most middle class investors, it may seem as if there are a million things that separate you from millionaires. In reality, the way the middle class and the wealthy handle investments can be quite similar; investment advice can be founded on the same principles – and the same misperceptio...
Who Are You Taking Investment Advice From?
Experts Suggest Investment Advice May be Best Left to the Professionals Most people who invest money and are purposeful about their retirement plans believe they have the basics of investing down. They may even consult with well-meaning friends and family when they are seeking outside guidance. However, some of the most common mistakes in inv...
Boating Tips to Keep Your Family Safe on the Water
With summer here, there’s few better ways to beat the heat than...