The cost of higher education in the United States is on an ever increasing trend upwards and shows no signs of slowing. While there has been some discussion at the federal level on ways to control college costs, no actions have occurred to actually curb the cost. Unfortunately, the only action relating to college costs that appears on the horizon is an interest rate increase on new borrowers. This in turn will lead to an increasing debt load on our college graduates.
If you’re in your twenties or have children in their twenties, then you know saving for retirement doesn’t always top a millennial’s “to-do” list. However, tucking away money early, even just a little, will give those funds a better opportunity to grow in the stock market overtime. Here are five things twenty-somethings need to know.
One in five seniors, ages 65 and older, have been victimized by financial fraud. In fact, seniors as a whole lose at least $2.9 billion each year because of financial exploitation. Below we’ve listed ways to stop financial fraud on the elderly in order to help prevent someone you love from becoming a victim.
CPS Investment Advisors congratulates Nolen Bailey on becoming a CERTIFIED FINANCIAL PLANNER(TM). Bailey has been authorized by the Certified Financial Planner Board of Standards to use the CERTIFIED FINANCIAL PLANNER™ and CFP® certification marks in accordance with CFP Board certification and renewal requirements. Way to go Nolen!
Investing for retirement is a marathon of tiny steps to reach a finish line. Along the way, it can be easy to make mistakes and get sidetracked which can derail your financial plan. It is imperative to follow your plan and speak to your advisor when you are concerned. If you do not have a plan, it is easy to fall into one of these traps.
We would like to introduce you to Rick Bernard, the newest member of the CPS Investment Advisors team! Rick is now a Financial Advisor following a distinguished 33-year career with the Polk County Sheriff’s Office. He retired as Captain of the Bureau of Criminal Investigations. Welcome Rick!!