InghamRetirementGrp.
@InghamGroup
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Ingham is a national, full service retirement, consulting, investment advisory firm.
Miami, FL
Joined December 2010
5 #Millennial financial tips . 1. Live within your means. Many people across all income levels never sit down and actually create a budget, much less stick to one. Your financial advisor can help you do this by providing clarity into your ongoing expense… https://t.co/LtxXqKvpZn
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Couple of things to do with your 401k when you retire . ➖Review your 401(k)’s payout policy . One key question in retirement is how you’ll create an income stream — that is, a retirement paycheck — from your savings. If your 401(k) lets you set up re… https://t.co/AzrrhLOo5X
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Quit stressing about money with these tips . ➖Stay up-to-date with your finances. If you delay opening bills or avoid peeking at financial accounts, not staying up-to-date with your money situation can only make it worse. Address mail right away and … https://t.co/eDu3dEAakY
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Myth about millennials and money 👉🏼 Millennials don’t save for retirement . Let’s be clear: As a whole, no generation is saving or has saved as much as it should. Millennials — generally considered to be between ages 22 and 37 — are no different. But… https://t.co/XH2es1OhRG
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Credit card debt is another behavior that’s keeping you broke 💳 . Don’t get me wrong; debt isn’t the devil at all. In a piece I wrote about using debt to your advantage, I referenced a study from Discover Personal Loans that showed that 68% of those … https://t.co/pnbcq3IMCO
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If you want to start building wealth here is a behavior you may need to reconsider 👉🏼 Happy Hour and Buying Drinks . It’s easy to think that happy hour is the place to be when you get off work and don’t have a family at home. Your day was long and bo… https://t.co/mz8ZRDr1Jr
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Here is a step you can take to ease the burden of #studentloandebt 👉🏼 Explore your repayment options . If you took out federal loans to pay for college, here's some good news: Depending on your circumstances, you might qualify for an income-based rep… https://t.co/2XEc3O2kmQ
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Here’s a retirement tip 👉🏼Have a smart Social Security strategy . Be sure to make smart Social Security decisions. There are a bunch of ways to increase your Social Security benefits. For example, you might work the formula that the Social Security A… https://t.co/wPQ3wNeIoS
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1 in 8 divorces is caused by student loans . When it comes to student loan debt, "for richer, for poorer" doesn't quite cut it . In general, finances are the leading cause of stress in a relationship, according to a study by SunTrust Bank, and student de… https://t.co/6Cqrw3g3ed
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Don’t make this retirement mistake that can leave you broke 😖 . Not taking the right amount of money out of your retirement savings 👉🏼Far too many seniors make the mistake of withdrawing the wrong amount of money from retirement savings . Withdrawing… https://t.co/Xq74TzBMpC
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Misconceptions About Health Care Costs in Retirement . ➖Medicare will cover drug prescriptions. It may seem at first glance that Medicare will take care of most of your health expenses, but you should know what is not covered to avoid surprises. “The… https://t.co/29RXvVp5cE
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Did you know, Almost 40% of millennials have spent money they didn't have in order to keep up with friends . This from a study by Credit Karma and Qualtrics also found that 73% of millennials who went into debt to keep up with their friends typically kep… https://t.co/SlPFnr0E1q
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Surprising credit card statistic 💳 . Americans owe more than 26% of their income on consumer debt, up from 22% in 2010 . Even though incomes are rising steadily, and the job market is currently strong, people are borrowing money just as fast as they … https://t.co/fOWQqAKaSj
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Here’s a benefit #millennials are looking to get from employers 👉🏼 Ongoing Training And Development . According to Gallup, 87% of millennials say that professional training and career growth is very important to them. It’s not necessarily a bad thing… https://t.co/aX9W3u1Pr8
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Here is a common mistake that future retirees make 👉🏼 Not Meeting With a Financial Planner for Retirement Help . Many people are ill-prepared for retirement but don't want to take the time to meet with a financial advisor to find out how to improve t… https://t.co/AqTlJlhvTv
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Avoid making this mistake ahead of #retirement . Mistake: Huge IRA and 401(k) balances that cause Social Security taxation . The IRS keeps track of something called Provisional Income. Ever heard of it? Don’t worry, most CPAs I’ve polled haven’t either. … https://t.co/XQaYI6xOdY
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What more savings? Here is something extreme savers refuse to spend money on 👉🏼 Lunch and dinner every day . Scott Alan Turner paid off more than $70,000 in loans and became a millionaire by 35. His top savings tip is simple: Pack your lunch every da… https://t.co/ER0gfdfMqF
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How to save for retirement if your job doesn’t offer a 401k 🤔 . You’re not out of luck just because your work doesn’t offer a retirement account like the 401(k). You can still save on your own with an individual retirement account — an IRA . When it … https://t.co/gRzjjPk3Gc
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Not Saving Enough for Retirement? . The average American working-household has just $3000 in retirement savings. Worse yet, fewer than half of all Americans have calculated how much money they will need in retirement. That is a scary scenario! A good rul… https://t.co/Shznhyn3XL
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