In This Issue:

• Key Retirement and Tax Numbers
• Hybrid Funds, Lifestyle or Target?
• What Happened to Your Money?

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If you are between 40 & 60, beware of these financial blunders & assumptions.

Submitted by Kate Hennessy on March 19, 2019

Recently my husband, Pat Hennessy, and I were looking for something important - one thing led to another and the next thing we knew we were spring cleaning. We don’t consider ourselves pack rats, but when we started cleaning we realized we had tax returns dating back to 2002!  So, maybe we are pack rats? We both agreed it was time to organize and shred.  Let’s face it – life goes by fast –there are big milestones (moving, marriages, births, deaths), but there are also little events leading up to the big milestones. Getting your financial house organized isn’t a top priority for most people.

Pat and I found what we were looking for, but we learned a valuable lesson.  The importance of getting your “ducks in a row.” For me as a financial planner – it means the following:

Is your garage overflowing with bank statements and paid bills from ten years ago?  Are you unsure about what documents need to be retained and what can be tossed? Speaking of tossing, what documents can be tossed in the trash, and which should be shredded?  Are you wanting to finally get control of your documents?

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Managing Debt

Dee Kerr, CFP®, CDFA®

Notice the title -Managing Debt not eliminating debt. While the goal of eliminating debt is admirable, I have found that most people can enjoy an improved quality of life by learning how to, and practicing, managing debt. It is possible to live debt-free.

By Jeff Bernier

Years ago, Peter Lynch was famously quoted, offering this sage guidance for investors: “Buy what you know.” It’s a mantra that many investors have held as gospel ever since. But is it really wise advice?

If you’ve been dreaming all your life of seeing the pyramids of Egypt, or taking a cruise down the Danube river, offers of easy travel financing can be tempting. The articles below provide some useful perspective on these loans, and the pros and cons.

When I told my friends that I was doing an internship they gave me a disgusted look, assuming I was going to be doing the low-level work of the firm or running around the office taking lunch orders. But when I said it was at BCR, they simply knew that the internship process was the exact opposite.