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

Getting Financially Fit for Retirement at 50

Getting Financially Fit for Retirement at 50 Things for trailing-edge boomers & Gen Xers to consider. When you turn 50, retirement starts to seem less abstract. In terms of retirement planning, a 50th birthday can act as a wake-up call. It may offer a powerful reminder to trailing-edge baby boomers and Gen Xers, many of whom are wrapping up their second act with inadequate retirement savings for their third. You may find yourself with such a shortfall, and you wouldn’t [...]

By |2017-03-28T08:17:21-04:00November 20th, 2014|401(k)/403(b), Investing, IRA, Retirement, Saving & Budgeting|Comments Off on Getting Financially Fit for Retirement at 50

How Is Health Care Reform Affecting the Federal Deficit?

How Is Health Care Reform Affecting the Federal Deficit? Some analysts think it is helping reduce the deficit; but others wholeheartedly disagree. Has the Affordable Care Act actually cut Medicare spending? The numbers from the Congressional Budget Office make a pretty good argument for that, and suggest that the ACA has had a distinct hand in the recent drop in the federal deficit. Detractors of the ACA say that statistical argument doesn’t tell the whole story. Medicare has been a [...]

By |2017-03-28T08:17:21-04:00November 6th, 2014|Business/Economic News, Health Insurance, Personal Finance|Comments Off on How Is Health Care Reform Affecting the Federal Deficit?

Fall Financial Reminders

Fall Financial Reminders The year is coming to a close. Have you thought about these financial ideas yet? As every calendar year ends, the window slowly closes on a set of financial opportunities. Here are several you might want to explore before 2015 arrives. Don’t forget that IRA RMD. If you own one or more traditional IRAs, you have to take your annual required minimum distribution (RMD) from one or more of those IRAs by December 31. If you are [...]

By |2017-03-28T08:17:21-04:00October 23rd, 2014|Income Taxes, IRA, Personal Finance|Comments Off on Fall Financial Reminders

The Market’s Wild Swings

The Market’s Wild Swings A hugely volatile week concludes. What’s next as earnings season gets underway? During this past trading week, volatility ruled Wall Street. In fact, stocks either fell or rose 1.5% or more on three consecutive trading days. That had happened only 54 times since 1928.1 What prompted these ups & downs? Several factors. The International Monetary Fund just cut its global and Asia growth forecasts for 2015 and stated that the eurozone could soon slide into another [...]

By |2017-03-28T08:17:21-04:00October 10th, 2014|Business/Economic News, Investing|Comments Off on The Market’s Wild Swings

Couples Retiring on the Same Page

Couples Retiring on the Same Page Agreeing about what you want from retirement is crucial. What does a good retirement look like to you? Does it resemble the retirement that your spouse or partner has in mind? It is at least roughly similar? The Social Security Commission currently projects an average retirement of 19 years for a man and 21 years for a woman (assuming retirement at age 65). So sharing the same vision of retirement (or at least respecting [...]

By |2017-03-28T08:17:21-04:00September 25th, 2014|Financial Fitness, Retirement|Comments Off on Couples Retiring on the Same Page
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