Co-Signor Definition: A Co-Signor is an additional applicant on the mortgage who shares responsibility for the loan. Liability: They are equally responsible for the mortgage payments. They are both on the mortgage and the property title. Common Scenarios Impact Guarantor Definition: A Guarantor supports the loan by promising to cover
Term insurance is usually renewable at the end of your contract period. So after 20 years, or other time, the policy will renew, at a (often much) higher price. We see this often with people between ages 30 to 50. The policy they initially purchased when younger is now renewing,
The hidden costs of extreme frugality can cost you more than money. Putting your life on hold until you’re rich enough can be a major wealth-building mistake 1 (Ryan Greiser, Twitter Jan. ‘25) The issue is not saving money. The issue is treating every dollar saved as more valuable than
In retirement, it’s time to start spending. But how much can you withdraw each year without needing to worry about running out of money? 1 (How can I make my retirement savings last? Fidelity Viewpoints Apr. ’24) What is a sustainable withdrawal rate (SWR)? What will impact my sustainable withdrawal
Why do certain retirees struggle to spend money? Their fear of depleting their savings.1 (There’s 1 big reason millions of US retirees struggle – and it’s not because they don’t have enough money, Maurie Backman Aug. ’24) Achieving financial security in retirement isn’t just a matter of saving money. It
What are the consequences of adding your children to the title of your house or an investment account? Adding a child or moving real estate to joint ownership is a popular tactic for people to avoid probate. People do this to bypass the estate and the holdings will not be
Co-Signor Definition: A Co-Signor is an additional applicant on the mortgage who shares responsibility for the loan. Liability: They are equally responsible for the mortgage payments. They are both on the mortgage and the property title. Common Scenarios Impact Guarantor Definition: A Guarantor supports the loan by promising to cover
Term insurance is usually renewable at the end of your contract period. So after 20 years, or other time, the policy will renew, at a (often much) higher price. We see this often with people between ages 30 to 50. The policy they initially purchased when younger is now renewing,
The hidden costs of extreme frugality can cost you more than money. Putting your life on hold until you’re rich enough can be a major wealth-building mistake 1 (Ryan Greiser, Twitter Jan. ‘25) The issue is not saving money. The issue is treating every dollar saved as more valuable than
In retirement, it’s time to start spending. But how much can you withdraw each year without needing to worry about running out of money? 1 (How can I make my retirement savings last? Fidelity Viewpoints Apr. ’24) What is a sustainable withdrawal rate (SWR)? What will impact my sustainable withdrawal
Why do certain retirees struggle to spend money? Their fear of depleting their savings.1 (There’s 1 big reason millions of US retirees struggle – and it’s not because they don’t have enough money, Maurie Backman Aug. ’24) Achieving financial security in retirement isn’t just a matter of saving money. It
What are the consequences of adding your children to the title of your house or an investment account? Adding a child or moving real estate to joint ownership is a popular tactic for people to avoid probate. People do this to bypass the estate and the holdings will not be
