By: María del Pilar Cantoni, Planificadora Financiera, Assistant Vice President. Every business...
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Recent years have seen more adult children moving back to their parents' homes than ever before after completing college. The high cost of living, combined with a slow-moving economy, may have something to do with the increase of these so-called "boomerang children." While no
Make the necessary updates before you need them (when it’s too late). When Jill and John purchased their life insurance policies ten years ago, they based their coverage on their anticipated obligations and needs. They made policy decisions, considering the mortgage on
Volatility is a given in investing. However, extreme volatility in the equity markets can be scary (even for experienced investors) and serves as a sign to reassess your investing strategy. Identify Your Goals Start the process of reassessing your investing approach by making
Your long-term retirement strategies must account for inflation – or else. You hear it all the time: you should make sure your retirement savings at least keep pace with inflation. But what is inflation and how does it really affect your retirement savings? Let’s explore.
An extended period of volatility in the investment markets can test even the coolest heads. Dealing with volatility can be difficult for experienced as well as novice investors. These time-proven tips can help you and your portfolio survive the recent volatility and future
When you're near retirement, it may concern you that a drop in the stock market could decimate your retirement savings. Then, it might be tempting to get out of the stock market entirely and move your money into bonds and other fixed income and cash investments. That way, you'll
When people hear about hackers getting access to card numbers and other personal information, they probably worry about identity theft or fraud to their bank accounts and credit cards. However, in this scenario, it is important that people also ensure the security of their
The largest cost-of-living-adjustment since 1982 to impact 90% of seniors. On October 13, the Social Security Administration announced that Social Security benefits for tens of millions of Americans will increase in 2022. The press release stated the following: “Social
It is estimated that only one in three people have planned their retirement. Also, that seven out of ten people will need long-term care services at some point during that period, said Carlos López, Popular’s retirement planning specialist. Therefore, some people have left
The word retirement may sound like something that’s too far away. It probably isn’t even among your priorities. However, now that your adult life is starting and you’re gradually taking on more responsibilities, it’s important to understand that the earlier you start
