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Information Articles for the Clarksville TN and Montgomery County Tennessee area

Articles

Information Articles for the Clarksville TN and Montgomery County Tennessee area

Frazier Allen: Retirement Readiness Takes Getting in Step

April 17, 2017

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – When Fidelity Investments asked couples how much they think they will need to save for retirement to maintain their current lifestyle, 48% had “no idea.”

Forty-seven percent disagreed on the amount needed (the disagreement highest among those closest to retirement). In some ways, that’s not surprising – many couples disagree on financial and lifestyle matters long before they’ve stopped working. But while adjustments (hopefully) can be made and differences resolved, things can become more difficult in retirement.

Many couples don't agree on when, where or how they're going to retire.

Many couples don’t agree on when, where or how they’re going to retire.

[Read more]

Frazier Allen: 20 Financial Things Couples Should Know

July 13, 2016

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – More than 40% of couples recently unveiled that they don’t know how much their partner earns. And 1 in 10 couldn’t guess within a $25,000 margin of error.

These couples, who share their lives together, have no idea what their total household income is. Yet, the majority of those same couples claim they regularly have open conversations about their finances. There’s a disconnect somewhere.

The Couples Retirement Study by Fidelity Investments revealed that many couples could stand to dive a little deeper when it comes to their joint financial lives.

Having a solid understanding of your financial status is crucial to planning, budgeting and saving toward your goals.

Having a solid understanding of your financial status is crucial to planning, budgeting and saving toward your goals.

[Read more]

 
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