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PersonalHub

Your one-stop resource for everything related to your financial well-being. 

 

Recent Posts

Save Funds to Care for a Disabled Child Using an ABLE Account

Parents of disabled children face a number of challenges. One significant difficulty is ensuring that your child has enough money to pay for necessary care throughout his/her life. Previously, if you wished to establish a fund to care for a disabled child into adulthood, you had very few attractive options. Special-needs trusts are burdensome and heavy on fees. Government benefits help but of course are limited. Finally, there's some good news: the ABLE account.

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How To Convert Retirement Savings to Income

You worked and saved for years, preparing for the day you could retire and live comfortably on the savings you have accumulated. Hopefully those savings allow you to live the lifestyle you've become accustomed to or even better. But how do you make sure you can cover your monthly living expenses without taking so much from savings that you run out of money later? Here are some tips for creating a dependable, realistic income stream from your retirement savings.

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