Deleting Sensitive Information? Don’t Rely on Your Recycle Bin
Posted by Michael D. Flaherty, CFP® on Fri, 10/14/2016 - 09:33
Computer forensic experts are a lot like paleontologists—the scientists who study the life of past geological periods. Paleontologists have never unearthed a full dinosaur skeleton. But, by examining just a small sample of scattered bones, they’ve been able to figure out the skeletal structure of hundreds of dinosaur species.
Likewise, when we delete our computer data by conventional means (i.e., moving a file to the Recycle Bin and emptying that bin), we leave “fossils” or remnants behind. And the
Should I accept my employer's early-retirement offer?
Posted by Canby Financial Advisors on Fri, 10/14/2016 - 09:17
The right answer for you will depend on your situation. First of all, don't underestimate the psychological impact of early retirement. The adjustment from full-time work to a more leisurely pace may be difficult. So consider whether you're ready to retire yet. Next, look at what you're being offered. Most early-retirement offers share certain basic features that need to be evaluated. To determine whether your employer's offer is worth taking, you'll want to break it down.
Ten Year-End Tax Tips for 2016
Posted by Canby Financial Advisors on Thu, 10/13/2016 - 11:42
Here are 10 things to consider as you weigh potential tax moves between now and the end of the year.
1. Set aside time to plan
Top Financial Concerns of Baby Boomers, Generation Xers, and Millennials
Posted by Canby Financial Advisors on Thu, 10/13/2016 - 11:39
Many differences exist among baby boomers, Generation Xers, and millennials. But one thing that brings all three generations together is a concern about their financial situations.
What Are My Healthcare Options if I Retire Early?
Posted by Canby Financial Advisors on Thu, 10/13/2016 - 11:36
If you're eligible for an early-retirement package from your employer, determine whether post-retirement medical coverage is included. These packages sometimes provide medical coverage until you reach age 65 and become eligible for Medicare. Given the high cost of medical care, you might find it hard to turn down an early-retirement package that includes such coverage.
Earnings Call: A Closer Look at Financial Reports
Posted by Canby Financial Advisors on Tue, 10/04/2016 - 18:32
The second quarter of 2016 marked the fifth quarter in a row of declining U.S. corporate earnings. Low oil prices and a strong dollar were largely to blame for lackluster financial results. (1)
Publicly traded companies are required to report quarterly financial results to regulators and shareholders. Earnings season is the often-turbulent period when most companies must disclose their successes and failures.
Making the Most of Life Insurance Tax Benefits
Posted by Christopher Borden, CRPS® on Thu, 09/29/2016 - 17:25
The primary purpose of life insurance is to provide financial security for families and businesses. But did you know that it also offers a number of tax advantages?
An income tax-free death benefit
Generally, your beneficiaries won’t have to pay income tax on the death benefits they receive from your life insurance policy.
Building a Better, Budget-Friendly Vacation
Posted by Michael D. Flaherty, CFP® on Thu, 09/29/2016 - 14:33
With summer just around the corner, it’s time to get moving on your vacation plans before it’s too late. Whether you decide to book online yourself or go through a travel agent, here are some tips to help you save time and money.
If you’re short on time
Questions to Ask When You Inherit a Home
Posted by Canby Financial Advisors on Thu, 09/29/2016 - 14:26
Buying a home is one of the most stressful experiences and biggest financial commitments of many people’s lives. But inheriting a home from a parent or relative can be equally stressful and complex in ways you may not anticipate. As you cope with a loved one’s death and all the emotions it stirs up, you’ll need to decide whether you should sell the home, live in it, or rent it out.
Posted by Canby Financial Advisors on Thu, 09/29/2016 - 14:23
Whether you’re buying your first home or looking to purchase a vacation home or another property, it’s important to determine how much debt you can comfortably take on and to compare mortgages to find the most appropriate option for your situation. The following tips can help: