The term “inflation” has been circulating in the headlines and on the news for some time now and, unfortunately, doesn’t seem to be going away anytime soon. Put simply, inflation is described as an increase in prices coupled with a decrease in the purchasing power of money.
If you're a millennial, retirement may barely register in your consciousness. Between paying down student loans, trying to take that first step on the housing ladder, or other financial priorities, you may have little time to think much about your life 35 years from now.
As someone saving for their retirement, you may want to periodically revisit your investing and financial strategies as well as your timetable for retirement.
Health care in retirement is available from many sources. Government programs (such as Medicaid and Medicare) offer numerous health care benefits.
David Frederick, Director of Client Success and Advice at First Bank Wealth Management, shares insight on the factors that will determine the prospects of a successful retirement and the value of wealth planning in preparing for retirement.
The First Bank Center For Family-Owned Businesses held a webinar on navigating the hidden dangers in a family business.
“Financial Independence, Retire Early” planning, or the FIRE movement, for short. More than 30 years old, FIRE is once again becoming a popular financial topic.