by Heid Huiskamp Collins | Mar 5, 2018 | Financial Planning, News
In mid-2017, NerdWallet reported that Americans held $12.96 trillion of total household debt. For those Americans who did carry debt, the average household had $131,431.00 (including mortgages). Of those holding credit card debt, the average household carried a...
by Heid Huiskamp Collins | Feb 6, 2018 | Financial Planning, News
According to the latest data reported by CNBC, 57 million Americans have zero emergency savings. This equates to 24% of all adults, but, more disturbingly, a full 32% of young “Boomer” adults ages 53 to 62. This age group, nearing retirement and most in...
by Heid Huiskamp Collins | Dec 18, 2017 | Financial Planning, News
Throw out the mindset that retirement is an arbitrary age like 62 or 65. Instead, retirement should be the point at which you reach a certain level of financial security that will sustain you throughout your retirement years. Financial security means a lot of...
by Heid Huiskamp Collins | Nov 6, 2017 | Financial Planning, News
Even older retirees need to invest in stocks for growth in order to protect the value of their purchasing power during periods of rising inflation. I’ve talked to retirees who tell me they can’t invest in stocks as they won’t have enough time to...
by Heid Huiskamp Collins | Oct 7, 2017 | Financial Planning, News
When constructing a retirement portfolio, diversification and asset allocation are key. I can help with both! Diversification means not having all your eggs in one basket. Different classes of assets like stocks, bonds and cash can rise and fall independently of...
by Heid Huiskamp Collins | Jul 7, 2017 | Financial Planning, News
With all the new innovations in medical technology, retirees are now enjoying 20, 30 or even more years in retirement. That’s good news on the face of it, but with that fact comes the stark reality that a great many people haven’t saved enough to live...
