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Business Owners: Plan for Next Phase of Life

As a business owner, you're always thinking of what you need to do now. But you can't forget about the future – yours and that of your business. So it may be a good idea to consider your personal retirement plan and business succession strategy.

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Protect Yourself Against Long-term Care Costs

If you needed several years of long-term care, the expense could seriously erode your savings and investments. And keep in mind that Medicare typically pays only a small percentage of long-term care costs.

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Is Market Timing a Smart Investment Strategy?

If you try to be a market timer, not only will you end up questioning your buy/sell decisions, but you also might lose sight of why you bought certain investments in the first place.

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Use Year-end Bonus (Or Gift) Wisely

You can doubtlessly think of many ways to spend this money right now, but how can you use it to help yourself in the long run?

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Invest in Your Family and Community

Why do you invest? For many people, here's the answer: "I invest because I want to enjoy a comfortable retirement." And that's certainly a great reason, because all of us should regularly put money away for when we're retired. But you can also benefit by investing in your family and your community.

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Share Your Bounty with Family

As you gather with your loved ones this year, perhaps you can think of ways to share not only your dinner, but also your financial bounty.

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What Can Investors Learn from Veterans?

Each year, Veterans Day allows us to show our respect for the sacrifices that military veterans have made for our country. But have you ever stopped to think about what lessons our veterans can teach us about how we conduct various aspects of our lives?

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Take Greater Control of Your 401(k)

For starters, be aware that your 401(k) may come with what might be called "standard" features, which you should review to determine their applicability to your situation.

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Don't Change 401(k) Mix During Market Drops

But you do need to realize the cost involved – specifically, fixed-income investments will not provide the same rate of return that equities (stocks) can.

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Be Creative When Withdrawing from Retirement Accounts

Keeping in mind that the withdrawals are generally fully taxable at your personal income tax rate, are there some particularly smart ways in which you can use the money to help your family or, possibly, a charitable organization?

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It's Not Too Soon for End-of-Year Financial Moves

In fact, it may be a good idea to take some of these steps sooner rather than later.

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How to Become a Long-term Investor

To begin with, you need to understand that long-term investing involves accepting inevitable short-term price swings. You may not like seeing those sharp price drops, but it will help your outlook greatly if you can keep them in perspective.

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How Can You Make Your Money Last During Retirement?

It's probably safe to say that many of us are concerned about having enough money to cover our retirement years. In fact, some surveys have shown that we are more frightened of running out of money than we are of dying. What can you do to help alleviate these fears?

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Can 'AI' Help You Become a Better Investor?

Yet, you are more than just the sum of your answers to a robo-advisor's online questionnaire. Investing is a highly personal matter, which means that you may well benefit from some human intelligence.

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What Can a Financial Advisor Do for You?

To work toward all your goals, such as a comfortable retirement, you need a comprehensive financial strategy. And for that, you might need to work with a personal financial advisor.

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Leaving Your Job? What Happens to Your 401(k)?

Of course, you wouldn't really forget about your 401(k). (It does happen, however – over the period from 2004 through 2013, more than 25 million people left at least one 401(k) or similar plan behind when they left their job, according to the U.S. Government Accountability Office.) But you will have to do something with your account.

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Interested in Fixed Annuities? Beware of Common Misconceptions

But you may be nervous about investing in annuities because of some negative things you have heard about them. How concerned should you be?

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Be Alert for Opportunities When Preparing for College Costs

But if you would like to send your kids (or grandkids) to college someday, you need to plan far ahead to meet the financial demands. And, as part of your planning, you also need to be on the lookout for all opportunities to help pay those sizable college bills.

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Business Owners: You Need Your Own Retirement Plan

Of course, you might think that, one day, you will simply sell your business and live off the proceeds. But selling a business isn't always simple, and there's no guarantee you will receive enough to pay for a comfortable retirement – which is why you should strongly consider creating a retirement plan now.

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How Does Social Security Fit Into Your Retirement Income Strategy?

While Social Security benefits, by themselves, probably aren't enough to enable you to retire comfortably, they can be a key part of your overall retirement income strategy – if you use them wisely.

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Welcoming a New Child? Consider These Financial Moves

If a new child has entered your life, you are no doubt full of joy today and hopes for the future.

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Don't Chase Last Year's Mutual Fund Category Winners

One way to start is by considering the various categories of mutual funds – and there are quite a few of them: Small Cap Growth, Large Cap Growth, Large Cap Value, Diversified Emerging Markets, Foreign Large Cap Blend and more – the list is extensive, and for many people, confusing.

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