Anything that could affect a family or individual financial situation today, or in the future, brings with it the need to reevaluate where you are today, where you would like to be and if you are track to get there.
Women are a large part of the workforce. They are often times directly involved in their households’ investment and financial decisions.
There is more to financial planning than setting some goals and pinching some pennies. Here are five basic benefits that may come from working with a financial planner on an organized financial plan.
It’s been said that health has more of an impact on our happiness than anything else. Some say financial contentment follows close behind, which makes the beginning of the year a perfect time to look at how we can improve our financial well-being.
At Central Trust Company, we use Monte Carlo Simulation to model a variety of outcomes— including all the events taking place this year.
When contemplating an outright business sale to an outside entity, the first or foundational level of planning should be contingency planning.
When uncertainty is all around, proactive steps you take help mitigate your personal financial risk and the uncertainties of life and the certainty of death and taxes.
To us, financial planning is not an event. It is an exercise that helps capture a consolidated, global review of your financial situation leading to the creation of a living document.
Here are some actionable ideas to coordinate your investment decisions with income tax strategies on your road to retirement.
While your chance of winning the lottery is extremely small, the challenges associated with managing a large influx of money are actually quite common.