Your 401(k) is one of the most powerful tools for long-term retirement savings, but how you allocate it matters just as much as how much you contribute. Small mistakes over time can have a big impact on your future balance and retirement income. Here are some of the most common 401(k) allocation mistakes we see at Crescent Financial Group. 1...
Life changes quickly. A new job, marriage, divorce, relocation, retirement, or a growing family can all shift your financial picture. When life changes, your budget should change with it. At Crescent Financial Group, we often see that financial stress comes less from the change itself and more from not updating the plan afterward. The goal is to realign your budget...
Retirement planning is one of those things most people know is important, but it often gets pushed to “later.” The challenge is that small missteps over time can quietly add up and have a big impact on your long-term financial picture.
When your calendar is packed, your inbox is overflowing, and life is moving fast, your budget is often the first thing to fall off your radar. But staying financially organized does not have to be time-consuming or complicated. A monthly budget review, even if it is just 20 to 30 minutes, can help you stay aligned with your goals, reduce financial stress, and make more intentional decisions with your money.
A financial plan is not something you create once and set aside—it’s designed to evolve with you over time. As your life changes, your financial strategy should adapt to reflect new goals, priorities, and circumstances.
Market fluctuations are a natural part of investing—but they can still feel unsettling when they happen. Headlines, short-term swings, and uncertainty can make it tempting to react quickly.
From retirement savings to living abroad, here are some of our commonly asked questions.
Tip: Nearly 80% of workers expect to work for pay in retirement, but only 29% of retirees actually have done so. Source: 2017 Retirement Confidence Survey, EBRI Retirement can have many meanings. For some, it will be a time to travel and spend time with family members. For others, it will be a time to start a new business or...
In a recent study, 88% of millennials admitted that financial decisions are a source of tension in their relationship with a spouse or partner. This could help explain why some experts say financial problems are the #1 reason marriages fail.1,2 Fortunately, couples may be able to head off many of the problems money can cause in a marriage. 10 Tips...
For most Americans, Social Security has represented nothing more than some unavoidable payroll deduction with the positively cryptic initials of “FICA” and “OASDI” (Federal Insurance Contributions Act and Old Age, Survivors and Disability Insurance). It hinted at a future that seemed both intangible and faraway. Yet, a new generation has begun drawing on the promise that was made with those...
One of the earliest examples of crowdfunding occurred in 1884 when funds ran short for building the Statue of Liberty’s pedestal. The publisher Joseph Pulitzer used his newspaper to appeal to Americans to donate the money needed to complete the pedestal’s construction. Over $100,000 in six months was raised from more than 125,000 people.¹ But it took the Internet to...
LPL FINANCIAL AND ITS ADVISORS RANKS FIRST IN CUSTOMER LOYALTY IN NEW STUDY BY COGENT REPORTS! Read the Official Press Release here.