Planning for retirement is difficult, in part because it means having difficult conversations. Whether you’re in a relationship or planning for retirement as a single person, there are resources to help you get started. WASHINGTON – Many couples know how difficult planning for retirement can be. Some partners disengage, notRead More →

What is a financial plan? A financial plan is a document that contains a person’s current financial situation and long-term monetary goals, along with strategies for achieving those goals. A financial plan begins with a thorough assessment of a person’s current financial situation and future expectations and can be createdRead More →

Financial plans vs financial forecasts: an overview A financial forecast is an estimate, or projection, of likely future income or income and expenses, while a financial plan sets out the steps necessary to generate future income and cover future expenses. Alternatively, a financial plan can be thought of as whatRead More →