In January, Vermillion Financial Advisors prepare their clients for the New Year ahead. To supplement your preparation of the New Year, VFA would like to provide you, our readers, with an article of what to expect in the housing market in 2014! Seven years have passed since the worst housing market crash in United States […]
How Much You Need to Save for Retirement
How much money does a typical worker need to save every month in order to have a reasonable chance of financing a secure retirement? New analysis from the Center for Retirement Research at Boston College (CRR) came up with a broad overview of the rates needed by different age groups and income levels. To estimate […]
Bad Choices Get Rewarded
It can be really hard to behave correctly if we see examples of people being successful while doing things we know have higher odds of a bad outcome (e.g., buying lottery tickets). But as you’ve probably learned by now, investing isn’t always fair. Bad choices get rewarded, while people who made prudent decisions sometimes appear […]
Three Keys to Surviving Market Turbulence
All too often, investors react to a sharp drop in prices by panic selling or digging in their heels despite deteriorating fundamentals. But more thoughtful investors see a correction or downturn as an opportunity to review the risks in their portfolios and make adjustments where necessary. Most stock market investors are looking for the same […]
A Primer on Medicare and Medigap Coverage
Despite all the public discussion about health care, very few people under the age of 65 understand the basics of Medicare, the federal health program for seniors and certain disabled individuals, or Medigap, the supplemental private coverage many buy to cover treatment that shortfalls what the federal program doesn’t pay. Even if you have years before […]
What Happens to My Retirement Assets in the Event of a Divorce
A document known as a Qualified Domestic Relations Order (QDRO), which is a part of a divorce settlement, specifies how retirement assets are divided. A QDRO specifies the amount or portion of a plan participant’s benefits that are paid to a spouse, former spouse, child or other party. A QDRO typically governs assets within a […]
Three-Step Retirement Plan Tune-Up
Even if your personal outlook hasn’t changed, keep in mind that uneven returns provided by different investments may have caused your portfolio to shift from your intended asset allocation. Conducting an annual review of your retirement goals and strategy is a great way to help ensure that your plans for your financial future remain realistic […]
Investing Through Life’s Stages
Investing is a lifelong process. The sooner you start, the better off you’ll be in the long run. It’s best to start saving and investing as soon as you start earning money, even if it’s only $10 a paycheck. The discipline and skills you learn will benefit you for the rest of your life. But […]
Assets in Divorce
What Happens to My Retirement Assets in the Event of a Divorce A document known as a Qualified Domestic Relations Order (QDRO), which is a part of a divorce settlement, specifies how retirement assets are divided. A QDRO specifies the amount or portion of a plan participant’s benefits that are paid to a spouse, former […]