By: Wade Zhou America's economy has exploded since 1989. Gross domestic product (GDP), which measures all of the goods and services produced in a year, grew from $9.9 trillion to $22.5 trillion from 1989 to 2023 (after accounting for inflation), according to the Bureau of Economic Analysis. This figure represents a massive increase in economic output.

Second marriages offer an opportunity for a fresh start. Couples are given a chance to wipe the slate clean, learn from past mistakes, and experience love and happiness.They’re also given an opportunity to correct previous financial missteps, build a prosperous shared financial future, and leave a legacy behind for their children and beneficiaries.

Sometimes, it might feel like you're just scraping by financially. But every once in a while, you may receive a windfall of cash. Whether from your tax refund, a work bonus, an inheritance, or just accrued over time, smart financial consideration and a little planning can help you figure out how to put that cash to work.

When the topic of risk arises, many investors immediately think of market risk. The likelihood of a potential investment loss is a strong consideration in making financial decisions.But other types of risk may be even more impactful to your overall financial well-being. These risks might not be marked by down-ticks in the stock market but natural disasters or personal injury.

Whether you’re a late starter or a savvy saver, you want to maximize every retirement asset you have. If you’re like most people, that means contributing the maximum amount into retirement accounts like 401(k)s, 403(b)s, and IRAs. And while that’s a swell idea, one thing you may be overlooking is your home.

To say annuities can be confusing is an understatement. There is no universal answer to whether an annuity is a good fit for your financial goals. It’s a personal decision and understanding how the contracts work is important. Whether you have an annuity or might buy one, here are seven questions you’ll want answered. 

During your working years, you typically have a good sense of how much you’ll earn each month. This allows you to fairly accurately forecast, based on your budget, how much cash flow you need to pay your bills and, hopefully, have some leftover to save for the future.