Jane Burigsay, Social Security Public Affairs Specialist in Hawai‘i | Oct 1, 2019 | October - November 2019, Programs & Services
I’m trying to figure out how much to save for my retirement. Does the government offer any help with financial education? Will my son be eligible to receive benefits on his retired father’s record while going to college?
Terry Lee, President and CEO, Lee Financial Group Hawaii, Inc. | Aug 2, 2019 | August - September 2019, Wisdoms
For many years, we have heard our federal and state politicians talk about “unfunded liabilities” of the government. An unfunded liability is any liability or expense that does not have sufficient savings or investments set aside to pay for it. The party responsible for paying the unfunded liability pays for it out of current income or savings or by borrowing the funds.
The risk of an unfunded liability is two-fold:
Edward Motosue, Co-Principal and Vice President of Financial Benefits Insurance Inc. | Jan 28, 2019 | Column, February - March 2019
Seniors not only have to exercise and stay physically and mentally fit; they also need to make their money last longer. Social Security, regular investments (stocks, mutual funds) and retirement plans (401k, IRA) now have to account for an extended life span.
Michael W. K. Yee, Financial Advisor and Certified Financial Planner | Sep 27, 2018 | October - November 2018, Wisdoms
Many parents, in addition to planning for their own future, care deeply about helping their children find their financial footing as they enter adulthood. Having spent decades building up their nest eggs for retirement, they recognize the power of long-term financial planning and hope their children will capture the same benefits by starting to invest while they are young. Convincing someone just starting off in their careers to set aside money for retirement — which to them, may seem like light years away — can be a tough sell.
Michael W. K. Yee, Financial Advisor and Certified Financial Planner | Jul 25, 2017 | Aug-Sept 2017, Wisdoms
By Michael W. K. Yee, Financial Advisor and Certified Financial Planner Saving for — and even thinking about retirement can be overwhelming. While it’s natural to worry about your financial future, be careful not to let preconceived notions prevent you from actively...