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Saturday, December 21, 2024

North Carolina is home to one of the fastest-growing state economies in the U.S. Whether it’s tech, healthcare, finance, manufacturing, renewable energy, food service, or another sector, small businesses in the Tar Heel State are...

 

Wednesday, December 11, 2024

When large sums of money fall into your hands, you may wonder what you should spend it on. Some use large inheritances to buy big-ticket items that they have always dreamed of, like cars and vacations. Others prefer to invest their...

 

Saturday, November 30, 2024

Healthcare expenses are climbing at staggering rates in the U.S. Experts believe the total cost of healthcare over the next decade will grow faster than the economy, accounting for one-fifth of the total economy by 2033. The U.S....

 

Wednesday, November 20, 2024

Election years in America are often marked with uncertainty and trepidation. This is especially true in 2024, as changing rhetoric and narratives — especially regarding the economy — have driven much of the season. With all the...

 

Sunday, November 10, 2024

North Carolinians rely on the Social Security system for supplementary income after they retire. As of June 2023, nearly one in five North Carolina residents receive Social Security benefits, with half of North Carolinians over 65...

 

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Wednesday, October 30, 2024

As a resident of North Carolina, you might find yourself compelled, more than residents of other states, to step away from your 9-to-5 early on and leave the rat race behind altogether. With the FIRE (Financial Independence, Retire...

 

Sunday, October 20, 2024

Hitting pause on your daily routines to focus on the end of your life is by no means an easy endeavor. But just the thought of not being able to take care of your family because you’re incapacitated or gone is bound to make you uneasy....

 

Thursday, October 10, 2024

More than 66 million Americans rely on Medicare for their health insurance. As an older adult, knowing how the program works can help you attain its most substantial benefits. That can go a long way toward keeping you healthy, managing...

 

Monday, September 30, 2024

AI tools in financial planning refer to software systems that use machine learning algorithms and data analytics to enhance financial processes. These tools can analyze vast amounts of data more quickly and accurately than humans,...

 

Friday, September 20, 2024

Navigating the financial world can be daunting, especially when it comes to understanding who to turn to for advice. Terms like "financial planner" and "financial advisor" are often used interchangeably, leading to confusion about who...

 

Tuesday, September 10, 2024

For North Carolina residents looking to take the leap into homeownership, there’s much more to consider than just finding the perfect listing. Financial readiness is essential for a stress-free homebuying experience. Whether you're a...

 

Friday, August 30, 2024

As a parent, you may worry about everything you pour into your children. You may even wonder whether you’re trying to teach too much too fast. This can be especially concerning when it comes to matters of personal finance. You know...

 

Tuesday, August 20, 2024

Contemplating the end of your life is never an easy or lighthearted task. However, engaging in estate and legacy planning can give you real peace of mind and make things a lot easier for your loved ones after you’re gone. At Good Life...

 

Saturday, August 10, 2024

If you own or work for a small business, you can access a special kind of individual retirement account (IRA). Right off the top, the Savings Incentive Match Plan for Employees (SIMPLE) IRA lives up to its name by being easier to set...

 

Tuesday, July 30, 2024

Among the working generations, millennials are saving more and have a greater positive outlook on their retirement. However, the millennial generation also faces the most economic hurdles when it comes to reaching their financial goals...

 

Saturday, July 20, 2024

Real estate has long been considered the foundation for building financial wealth. Becoming a property investor can diversify your investment portfolio while giving you the potential to earn passive income. But like any investment,...

 

Wednesday, July 10, 2024

As an adult, you quickly learn that life seems like one long paper trail. You have to deal with everything from tax returns, mortgages, and student loans to bank statements, insurance policies, brokerage statements, and more. You might...

 

Sunday, June 30, 2024

If you’re like most people, you couldn’t wait for your 18th birthday to arrive, as it marked your entry into adulthood. As a child, turning 18 meant independence. But when you got there, you found that it really meant finding a job,...

 

Thursday, June 20, 2024

Far too many people delay or avoid estate planning. Dealing with end-of-life issues may be the last thing on your to-do list, even though you know it can help protect your wealth, preserve your legacy, and minimize estate taxes. You...

 

Monday, June 10, 2024

College is behind you — ahead lies a whole world to experience and new challenges and opportunities to undertake. It’s an exciting time, and it’s inarguably one of the most important periods in your life. Many of the decisions you make...

 

Thursday, May 30, 2024

No matter how much money you have, a financial advisor might be able to help you. Financial advisors can help you manage your money and help guide you to your financial goals. Many people don’t believe they have enough money or net...

 

Monday, May 20, 2024

Investing in bonds is often recommended to diversify your investment portfolio. With an inverse correlation to stocks — typically, when stocks fall, bonds rise — bonds are a way to hedge against a volatile stock market. Bonds are also...

 

Friday, May 10, 2024

Unless you’re married or in a long-term living arrangement, you might not know you’re part of someone else's retirement plan. You might be named as a beneficiary — primary or contingent — in a family member or friend’s 401(k)...

 

Tuesday, April 30, 2024

Just like following a roadmap to reach your intended destination while driving, a financial plan, which serves as a map of your investment goals and objectives, enables you to arrive at the retirement you want. If your vehicle gets out...

 

Saturday, April 20, 2024

Many people dream about retiring early, and you may be among them. If so, it’s time to stop dreaming and get to work. Family and friends may tell you that leaving the workforce earlier than 65, the traditional retirement age when...

 

Wednesday, April 10, 2024

If you’re among the 72 million Americans participating in a 401(k) plan, here’s some good news: the IRS has raised your contribution limits for 2024. Every year in October or November, the IRS reviews contribution limits, or how much...

 

Saturday, March 30, 2024

Imagine receiving a large sum of money after a relative’s passing or winning your state’s big-stakes lottery. Anytime someone comes by a lot of money quickly, it’s known as sudden wealth, and it can be life-changing. Having a great...

 

Wednesday, March 20, 2024

Whether it’s because they’re dissatisfied with their jobs, they’ve joined the financial independence/retire early (FIRE) movement, or they simply want to kick back and relax, more Americans than ever seem to want to leave the workplace...

 

Sunday, March 10, 2024

Are you worried about your children receiving their full inheritance or spending all your money after your death? Maybe you just feel the need to keep your family’s money and your family’s business. Either way, it might be worth...

 

Thursday, February 29, 2024

The more your child knows about money, the more likely they will have less debt, save more, and score a higher credit rating as an adult, according to the Federal Deposit Insurance Corporation (FDIC). Net worth and investing...

 

Monday, February 19, 2024

Just about everyone has mishandled money. The key is to learn from those missteps, do better, and continue to improve.  If you struggle to save or you live paycheck-to-paycheck, you may not need more money. You likely just need to...

 

Tuesday, January 30, 2024

After working for many years, you might look forward to retirement — a time when you can relax, move to where you always wanted to live, or travel. But to make the most of your retirement, you will need to ensure you have enough...

 

Saturday, January 20, 2024

If you’re a new investor, you might be getting used to the ins and outs of buying and selling stocks. You may hear the term “stock option” and wonder what it means.  The world of stock option trading has its own...

 

Wednesday, January 10, 2024

Divorce can be one of the most stressful events of your life, whether you filed or your ex-spouse served you. It’s an emotional time and can require a significant shift in your lifestyle and daily routine. One of those shifts...

 

Sunday, December 31, 2023

You’ve worked hard to support your family, building the wealth required to meet their needs and allow them to live a comfortable lifestyle. Now, you have a new goal: making sure that wealth gets passed down to your children and...

 

Thursday, December 21, 2023

If you’re working, now is the time to start thinking about your retirement. You may believe getting ready for retirement happens late in your career, perhaps in your 40s or 50s. But your preparations for leaving the workforce...

 

Monday, December 11, 2023

If you own a home, have children, or hold investments such as stocks or other real estate, it’s important to consider estate planning and establishing a trust. You may think such a suggestion doesn’t apply to you if...

 

Tuesday, November 28, 2023

It’s fair to say that many (if not most) people associate investment plans with long-term, far-off future goals. This is primarily because of how many investment plans are set up — to pay for retirement, college tuition,...

 

Tuesday, November 28, 2023

Education costs have been rising for decades. Families must contend with the high price of college, often taking out student loans that can endanger their children’s financial futures. However, a unique investment option can help...

 

Tuesday, November 28, 2023

Investors have numerous options for making and saving money. While it’s always best to have a mix of assets whenever possible, many people find cash investments (also known as cash equivalents) to be worthy, low-risk options for...

 

Thursday, October 26, 2023

Traditional investing is solely focused on maximizing returns. Socially responsible investing, however, aims to align returns with the investor’s ethical values. As awareness grows around how investment decisions impact society,...

 

Thursday, October 26, 2023

Life is full of changes. Some are expected, while others are surprises. Regardless of whether you anticipated it or not, a change in your personal or financial circumstances may require you to reevaluate and revise your financial plan....

 

Thursday, October 26, 2023

Giving back through charitable donations is one of the most fulfilling parts of a sound financial plan. And you can make a larger impact on the causes you care about through a thoughtful and strategic donation strategy. We’ll...

 

Tuesday, September 19, 2023

It’s not always clear what factors and details go into deciding what financial advisor you’d like to work with. Here are three tips from Good Life Morehead City to help you make your decision.

 

Tuesday, September 19, 2023

A financial advisor can help you set your investments in order, but it's up to you to screen candidates. If you’re a novice at this business, don’t fret. Here are a handful of the most important questions to ask your financial advisor.

 

Tuesday, September 19, 2023

Exchange-traded funds (ETFs) and mutual funds share many similarities. Both can add value to your holdings, but one may be more suited to your investment goals and trading strategy. We have tips from the experts at Good Life Morehead City.

 

Friday, August 25, 2023

Looking to pay off debt or invest? Wondering which would be the best choice for you and your financial profile? Get expert tips and advice from Good Life Morehead City on whether it’s better to invest or pay off debt first.

 

Sunday, August 20, 2023

From transportation and long-term care to housing, health insurance, and more; get the lowdown on essential retirement costs from our financial advisors. Start planning now!

 

Tuesday, August 15, 2023

Get insider tips on making the most out of your first financial advisor meeting. Learn how to maximize your time, get organized and make informed decisions with guidance from a professional.

 

Friday, July 21, 2023

In December 2022, congress enacted the Secure Act 2.0 to address America’s growing retirement crisis. Secure Act 2.0 introduces reforms that will make it easier for Americans to save for retirement. Here are some of the most...

 

Tuesday, July 11, 2023

How much you should save for retirement depends on how much you plan to spend once you get there. Historically, financial advisors have recommended the “4% rule,” which means that you should plan to spend 4% of your...

 

Saturday, July 1, 2023

If you follow economic news, you might be concerned about the gloomy predictions of a looming recession, but the financial forecast isn’t entirely bad. In fact, some market experts believe that in 2024, a rise in corporate...

 

Monday, June 26, 2023

Your employer’s 401(k) program offers a stable, reliable vehicle for retirement savings. But there are limits to how much you or your employer can contribute, and these limits often change year by year. Here are the 401(k)...

 

Sunday, June 11, 2023

Today’s increase in housing costs has made it steadily more difficult for those with lower and middle incomes to purchase homes, especially if they’re first-time homebuyers. Fortunately, Fannie Mae and Freddie Mac —...

 

Thursday, June 1, 2023

Your credit utilization ratio (which refers to the percentage of available credit you’re using) is one of the most important factors when it comes to determining your credit score. In fact, credit utilization makes up 30% of your...

 

Tuesday, May 16, 2023

At Good Life Financial Advisors of Morehead City, one of the most commonly asked questions we hear is, "Should I work with a retirement planner?" One common misconception is that retirement planners only benefit the wealthy or those...

 

Wednesday, April 19, 2023

Understanding the different roles of an independent advisor vs registered investment advisor (RIA) is essential in selecting the best financial professional for your situation. Here's what you need to know.

 

Wednesday, April 12, 2023

Malware and hackers are everyday threats to small business owners, and that's why a cyber insurance checklist can come in handy. To help, here are a few items to consider when purchasing a new policy.

 

Tuesday, April 4, 2023

Though Original Medicare plans are a great way to get hospital and medical insurance, they don't offer the same extensive coverage that 2023 Medicare Advantage Plans do.