Financial Fitness - North Light Financial Services

Financial Planning with Health Insurance in Mind

Financial Planning with Health Insurance in Mind How much might health care cost you someday? “Financially speaking, what would be the worst thing that could happen to you?” If you ask a hundred people in their forties that question, you may get a dozen different answers. Some may say “my business going under” or “losing my house.” Some might say “a divorce,” “a lawsuit,” or “being laid off.” But how many would say “a severe illness?” A catastrophic illness seems [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:16-04:00March 17th, 2016|Financial Fitness, Health Insurance, Retirement, Well-being|Comments Off

The Chapters of Retirement

The Chapters of Retirement The five phases of life after 50 & the considerations that accompany them. The journey to and through retirement occurs gradually, like successive chapters in a book. Each chapter has its own things to consider. Chapter 1 (the fifties). At this stage of life, retirement becomes less like a far-off dream and more like a forthcoming reality. You begin to think about when you can retire, and about taking the right steps to retire comfortably. By [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:16-04:00February 11th, 2016|Financial Fitness, Retirement, Well-being|Comments Off

End-of-the-Year Money Moves

End-of-the-Year Money Moves Here are some things you might want to do before saying goodbye to 2015. What has changed for you in 2015? Did you start a new job or leave a job behind? Did you retire? Did you start a family? If notable changes occurred in your personal or professional life, then you will want to review your finances before this year ends and 2016 begins. Even if your 2015 has been relatively uneventful, the end of the [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:18-04:00October 30th, 2015|Financial Fitness, Income Taxes, Saving & Budgeting|Comments Off

Behind on Your Retirement Savings?

Behind on Your Retirement Savings? What steps could you take to catch up? If life has not allowed you to build substantial retirement savings, what can you do to improve your retirement prospects? Here are some suggestions: Play catch-up. If at all possible, take advantage of the catch-up contributions the IRS allows you to make to IRAs and other retirement accounts starting in the year in which you turn 50. For example, this year a worker age 50 or older [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:18-04:00August 7th, 2015|Financial Fitness, Investing, Savings and Investing, Social Sercurity Planning|Comments Off

Protecting Yourself Against Cyberattacks

Protecting Yourself Against Cyberattacks How vulnerable is your data? 25% of Americans were cyberhacked between March 2014 and March 2015. The American Institute of CPAs announced that alarming discovery in April, publishing the results of a survey conducted by Harris Poll. Disturbing? Certainly, but the instances of pre-retirees being victimized were even greater 34% of adults aged 55-64 reported having their data stolen or compromised within that period.1 Small businesses are also commonly victimized. While identity theft has [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:18-04:00July 24th, 2015|Cybersecurity, Financial Fitness, Personal Finance, Well-being|Comments Off