Blog - North Light Financial Services

The Many Benefits of a Roth IRA

The Many Benefits of a Roth IRA Why do so many people choose it rather than a traditional IRA? The Roth IRA changed the whole retirement savings perspective. Since its introduction, it has become a fixture in many retirement planning strategies. The key argument for going Roth can be summed up in a sentence: Paying taxes on retirement contributions today is better than paying taxes on retirement savings tomorrow. Here is a closer look at the trade-off you make [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:14-04:00September 22nd, 2016|IRA, Retirement, Savings and Investing|Comments Off

What Will the Election Do to the Market?

What Will the Election Do to the Market? Will volatility seize Wall Street? Or will calm prevail? Wall Street has had a rather calm summer. How about fall? Will volatility increase before and after Election Day? So far, the market is performing roughly in line with historical patterns. In 19 of the prior 22 presidential election years, the S&P 500 advanced from June through October. The median gain for the index during that 5-month period: 4.1%.1 During those 22 election years, [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:14-04:00September 8th, 2016|Business/Economic News|Comments Off

Do Women Face Greater Retirement Challenges Than Men?

Do Women Face Greater Retirement Challenges Than Men? If so, how can they plan to meet those challenges? A new study has raised eyebrows about the retirement prospects of women. It comes from the National Institute on Retirement Security, a non-profit, non-partisan research organization based in Washington, D.C. Studying 2012 U.S. Census data, NRIS found that women aged 65 and older had 26% less income than their male peers. Looking at Vanguard’s 2014 fact set on its retirement plans, NRIS [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:14-04:00August 24th, 2016|Retirement, Savings and Investing, Women & Finances|Comments Off

Impact Investing – Planning to Grow Your Money with Causes in Mind

Impact Investing Planning to grow your money with causes in mind. Can investing change the world? Some millennials, Gen Xers, baby boomers and elders hope the answer is “yes.” Billionaires, like Bill Gates and Richard Branson, are pouring money into green business ventures and projects intended to improve education and the quality of life, and millions of other households are directing portions of their portfolios into socially responsible investments. Impact investing, which was once largely ignored by Wall Street, [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:14-04:00August 4th, 2016|Charitable Giving, Financial Fitness, Investing, Socially Responsible Investing|Comments Off

Getting Your Financial Paperwork in Good Order

Getting Your Financial Paperwork in Good Order Help make things easier for your loved ones when you leave this world. Who wants to leave this world with their financial affairs in good order? We all do, right? None of us wants to leave a collection of financial mysteries for our spouse or our children to solve. What we want and what we do can differ, however. Many heirs spend days, weeks, or months searching for a decedent’s financial and legal [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:14-04:00July 21st, 2016|Financial Fitness, Personal Finance|Comments Off