Are You Promoting Financial Wellness Among Your Employees?

May 25, 2017 10:11 am

In a recent study conducted by PwC around employee financial wellness, 30% of employees surveyed reported that issues with their personal finances have led them to being distracted at work. Of the distracted workers, 46% say that they spend at least three hours or more each week thinking about or dealing with issues related to […]

If a Loved One Has Passed, Where Should You Begin?

April 3, 2017 12:22 pm

The passing of a loved one is one of the most challenging and emotional times that we endure. Not only are you trying to cope with the overwhelming grief that follows, but there are also time sensitive financial obligations that need to be addressed.  If your loved one created an asset inventory or “what if” […]

Are Your Children Financially Prepared for What Comes After High School?

November 21, 2016 9:06 am

In 2014, Rhode Island adopted the CEE’s National Standards for Financial Literacy as Rhode Island’s first ever statewide standards. While Rhode Island has taken steps towards improving financial literacy in our schools, there is still a large disconnect between where we are and where we need to be in ensuring our children are adequately prepared for […]

Readying for Retirement: Items Women Need to Address Before Retiring

September 2, 2016 9:01 am

The decision to retire is not one that many women take lightly, nor should they.  There are extensive considerations that need to be addressed before embarking on this new chapter of life.  Women encounter many unique challenges when facing the decision to retire, such as longer life expectancies, expectations of continuing in the role of […]

Do you own company stock in your 401(k)?

July 5, 2016 9:52 am

One of my clients is retiring this year and we were discussing what to do with his 401(k) at our bi-annual meeting.   While typically most people either opt to leave their 401(k) as-is in their company plan or roll it over to an IRA, a third option is available if you own your company’s stock […]

Are you Reviewing Your Beneficiaries Frequently Enough?

May 16, 2016 10:21 am

This might seem like an easy question to answer but as our financial lives tend to be complex with many moving parts, remembering to update your beneficiaries when life events occur is sometimes not at the forefront of our minds.  Reviewing them at least once a year, if you have a change in marital status, […]

Choosing the Appropriate Pension Benefit

March 15, 2016 9:40 am

Pensions come in all shapes and sizes, and understanding how they fit into your long-term financial plan is essential when planning for retirement.  Some pensions offer cost of living adjustments (COLAs), can have varying ages of retirement and vesting schedules, as well as different payout options.  Unfortunately once you choose your payout option and begin […]