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So far info@northlightfinancialservices.com has created 310 blog entries.

Financial Fraudsters Preying on Boomers & Elders

Financial Fraudsters Preying on Boomers & Elders If something sounds too good to be true, it probably is. If you are in or near retirement, it is a safe bet that you would like more yield from your investments rather than less. That truth sometimes leads liars, scammers, and fraudsters to pitch any number of too-good-to-be-true “investment opportunities” to retirees. Given all that and the classic money scams perpetrated on elders, you have good reason to be financially skeptical as [...]

By |2018-10-02T12:00:55-04:00September 20th, 2018|Cybersecurity, Financial Fitness|Comments Off on Financial Fraudsters Preying on Boomers & Elders

Good Reasons to Retire Later

Good Reasons to Retire Later Working longer might work out well for you.  Are you in your fifties and unsure if you have enough retirement savings? Then you have two basic financial choices. You could start saving and investing more of your pay than you currently do, or you could work longer so you have fewer years of retirement to fund.  That second choice might be more manageable, and it may also work out better financially. Research suggests that working [...]

By |2018-09-13T10:40:24-04:00September 6th, 2018|Retirement, Savings and Investing|Comments Off on Good Reasons to Retire Later

Retirement Questions That Have Nothing to Do With Money

Retirement Questions That Have Nothing to Do With Money Think about these matters before you leave work for the last time.  Retirement planning is not entirely financial. Your degree of happiness in your “second act” may depend on some factors you cannot quantify. Here are a few of those factors as well as the questions they may end up provoking in your mind.  Where will you live? This is a major factor in retirement happiness. If you can surround yourself [...]

By |2018-08-24T11:33:17-04:00August 23rd, 2018|Personal Finance, Retirement|Comments Off on Retirement Questions That Have Nothing to Do With Money

The Snowball Effect

The Snowball Effect Save and invest, year after year, to put the full power of compounding on your side.   Have you been saving for retirement for a decade or more? In the foreseeable future, something terrific is likely to happen with your IRA or your workplace retirement plan account. At some point, its yearly earnings should begin to exceed your yearly contributions. Just when could this happen? The timing depends on several factors, and the biggest factor may simply [...]

By |2018-08-24T11:23:57-04:00August 9th, 2018|Savings and Investing|Comments Off on The Snowball Effect

Guarding Against Identity Theft

Guarding Against Identity Theft Take steps so criminals won’t take vital information from you.    America is enduring a data breach epidemic. The latest annual study of the problem from Javelin Strategy & Research, a leading financial analytics research firm, says that 16.7 million people across the nation were impacted by I.D. theft in 2017 – an all-time high.1 The problem is getting worse – much worse. Last year, 30% of U.S. consumers were alerted about data breaches by firms [...]

By |2018-08-09T14:56:11-04:00July 31st, 2018|Cybersecurity, Financial Fitness|Comments Off on Guarding Against Identity Theft
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