As the cost of higher education continues to climb, is the cost for a degree worth it? Some of the most successful people in the world dropped out of college. The answer is tricky and it depends.
Many couples have separate bank accounts, with a shared or communal account to pay household needs and expenses. Both may contribute equally to the account, but still maintain individual checking and saving accounts. With a second marriage or both working outside the home, an arrangement like this is common. But when it comes to retirement, how does having separate accounts affect your retirement?
Our CEO, Kim Curtis, had the honor of accepting the 2018 Distinguished Achievement Award from Elmira College. This award recognizes alumni who have distinguished themselves and the College through making a difference in society by improving the quality of life in their local, national, and global communities, and have received recognized success and leadership in their professional and community work.
A new study funded by the Center for Retirement Research at Boston College found that women spend less of their lives married. Looking at households from the Depression Era to Mid Baby Boomers, the study found the percentage of years women spend married has dropped from 70% to 50%. Three factors contributed to this drop.
You may think lost money is ridiculous, but it’s more common than you might imagine. Last year, over $3.2 billion of unclaimed property was returned to its rightful owners, yet 60% still goes unclaimed. The US government has implemented active outreach programs to reunite unclaimed property owners with their lost or forgotten assets. Is it possible that you started a savings account and then forgot about it? Or maybe haven’t cashed a dividend check you’ve received?
If you are a small business owner, insurance is something you will need to address. It can be stressful to think about the additional costs involved in getting your business up and running. However, every business owner should have a basic type of business insurance in order to safeguard your business and your livelihood.
You might feel like your cash may be better spent elsewhere, but having coverage for your business is always a good investment.
For the first weekend in May, we are reminded of a long standing tradition, the Kentucky Derby, the Greatest Two Minutes in Sports. Even if you have never attended, many have watched the races from home, wearing big hats, part Southern tradition, part spectacle, to experience the excitement at Churchill Downs. In celebration of the Kentucky Derby, here are “By the Numbers”: