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Rockwood Financial GroupThom ShumosicBill McKinnonBob StoutKelly Kramarck
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IN THE NEWS

SHOULD YOU STAY IN YOUR OLD 401(K)

 

Every year millions of workers who are either retiring or changing jobs struggle with a difficult decision regarding their old employer’s 401(k) or similar defined-contribution retirement plan.

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INVESTMENT OPTIONS FOR FUNDING COLLEGE EDUCATION

One of the biggest challenges for families saving for their children’s college education is that there are so many options for saving, and one size does not fit all. Which options are right for you depend in part on the age of your child, family income, potential for financial aid, and the expected cost of college. Here are the major college-savings options to consider.

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HOW TO CUT YOUR INSURANCE COSTS

Add up what you pay in insurance premiums each year: medical, auto, homeowner’s, life, and so on. Makes you wince, doesn’t it? Here are some ideas from members of the Financial Planning Association about how to reduce your insurance costs.

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BANK LOAN FUNDS A HEDGE AMID RISING INTEREST RATES

With short-term interest rates on the rise, fixed-income investors are scratching for alternatives to bonds and bond mutual funds, which generally lose money when interest rates climb. One alternative, suggest some financial planners, is bank loan mutual funds.

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