mother's day index

WBIR: The Mother’s Day Index

Often balancing employment, kids, spouse, and maintaining a household, moms are exhausted! Each year Salary.com estimates the monetary value of being a mom.  Certified Financial Planner Paul Fain joined WBIR to explain the Mother’s Day Index 2018.   WHAT DOES SALARY.COM ESTIMATE AS A TYPICAL MOTHER’S EQUIVALENT WAGE? At least $112,962 based on a mom’s

saving

WBIR: Saving for Retirement

ARE YOU ON TRACK? SAVING FOR RETIREMENT Would you believe that one in six Millennials has already saved $100,000? How much should YOU have saved to be ready for retirement?   THAT FIGURE FOR MILLENNIALS IS SURPRISING… Some people in their 20s are strong savers! Lack of attention to wealth building is a national phenomenon:

digital age

WBIR: The Digital Age

Digital assets, or an individual’s online personal and financial records, need to be an essential part of your estate plan. Here are some planning pointers that most people have not considered.   WE ARE REALLY MOVING INTO THE DIGITAL AGE WITH OUR FINANCES. As technology continues to develop, our daily activities increasingly rely on digital

stock market lingo

WBIR: Stock Market Lingo

  When the stock market gyrates, especially those downturns in prices, millions of investors start watching the “ticker tape” – sometimes hour by hour. It is easy to get lost in the stock market lingo – here’s a quick glossary of terms.   LET’S START WITH TERMS LIKE “CORRECTION” AND “BEAR MARKET” – WHAT DO

safety

WBIR: Safety Tips for Your Money

The Justice Department recently announced the largest sweep of elder fraud cases in history. How can you, or a senior family member, avoid becoming a victim of fraud?   WHAT ARE THE MOST COMMON EXAMPLES OF ELDER FRAUD? Mass Mailings Telemarketing Investment-related   WHO ARE THE BAD GUYS? Global crime organizations A relative A fiduciary