Oct 17, 2023 | Spin on Spending |
Every year since 2009, during the third week of October (the 17th through the 23rd in 2023), estate planners across the country recognize National Estate Planning Awareness Week. They work to help the public understand the value of estate planning and how it aligns...
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Oct 12, 2023 | Community |
Arvest announced the opening of the Arvest Community Resource Center in Tulsa designed to house multiple departments with bilingual associates in one location to better serve Spanish-speaking customers with various financial needs and educational resources. Arvest...
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Sep 29, 2023 | Spin on Spending |
Myth: Social Security will provide most of the income you need in retirement. Fact: It’s likely that Social Security will provide a smaller portion of retirement income than you expect. There’s no doubt about it — Social Security is an important source of...
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Sep 22, 2023 | Spin on Spending |
How much life insurance do you need? Your life insurance needs will depend on a number of factors, including the size of your family, the nature of your financial obligations, your career stage, and your goals. For example, when you’re young, you may not have a...
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Sep 8, 2023 | Spin on Spending |
Retirement plans and expectations vary greatly for each person, so the amount you need to retire and the method to reach that goal is unique and personal. One popular way to reach a retirement savings goal is with a 401(k) plan. Some estimate that 79% of Americans...
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Aug 31, 2023 | Spin on Spending |
Many parents hope to be able to send their child to college, but that diploma doesn’t come cheap. Unless you are very well off financially, it can be difficult to sit on the sidelines for years and then suddenly find the money to pay for college when your child...
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Aug 18, 2023 | Spin on Spending |
Most of our lives we are concerned with living in the moment–figuring out what we need to do today and how we might accomplish it. Sometimes, we can move beyond the moment, and think of our goals for the month, or even goals for the year. Many even benefit from going...
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Aug 9, 2023 | Spin on Spending |
The world 50 years ago was a lot different than it is today. An individual often worked at the same job all his or her adult life, lived in the same house, and stayed married to the same spouse. In those days, too, one spouse could support a family, paying for college...
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Jul 11, 2023 | Spin on Spending |
Hindsight may be 20/20, but predicting the future is always hard. “If only I had acted.” “I knew that would happen…” “The market agreed with me at the time.” These are all thoughts that pass through most investors’ minds at one point or another. The reason investors...
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Jul 3, 2023 | Spin on Spending |
The first half of the year is behind us. During those six months, life events happen – both planned and unplanned. It can be helpful to revisit your financial plan to ensure it still supports your goals. Here are some ways to evaluate if you are continuing on...
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Jun 30, 2023 | Spin on Spending |
Approximately 78% of people who work for companies with fewer than 10 employees and about 65% of people who work for companies with 10 to 24 employees do not have access to a retirement plan at work.1 That’s unfortunate, because workers with a retirement plan...
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Jun 15, 2023 | Spin on Spending |
Exciting summer travel plans are coming up, and many individuals and families are running through the usual checklists and questions. Have we chosen a destination? If traveling internationally, are our passports all up to date? Does our bank know so our credit cards...
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Jun 7, 2023 | Spin on Spending |
There are a number of ways your estate can be distributed to your heirs after you pass. Each allows a different degree of control over distribution, and each poses different challenges and opportunities. If you haven’t taken steps already, it’s important...
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May 31, 2023 | Spin on Spending |
With age comes responsibility, so if you’re a young adult in your 20s or 30s, chances are you’ve been introduced to the realities of adulthood. While you’re excited by all the opportunities life has to offer, you’re also aware of your emerging...
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May 12, 2023 | Spin on Spending |
During your working years, you probably set aside funds in retirement accounts such as IRAs, 401(k)s, or other workplace savings plans, as well as in taxable accounts. Your challenge during retirement is to convert those savings into an ongoing income stream that will...
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Apr 28, 2023 | Spin on Spending |
Many family businesses don’t last beyond the first generation, and it is even more difficult to prosper beyond the second and third generations. Among the many issues to address are successor management, providing retirement income for senior owners, developing a role...
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Apr 14, 2023 | Spin on Spending |
Making decisions about your retirement account can seem overwhelming, especially if you feel unsure about your knowledge of investments. However, the following basic concepts can help you make smarter choices regardless of whether you already have some investing...
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Apr 5, 2023 | Spin on Spending |
April is financial literacy awareness month, so it’s a great time to assess your financial goals and determine whether you are using all the tools available to achieve them. Although there are many wonderful informational resources and guides available to teach you...
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Mar 17, 2023 | Spin on Spending |
You may have heard that the great wealth transfer is coming. There are estimates of $30 to $70 trillion in assets to be transferred between generations in the coming decades. For some, it is much closer than they would like, and many individuals leaving an inheritance...
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Mar 6, 2023 | Spin on Spending |
In the corporate environment, there are sometimes circumstances which lead employers to offer certain employees early retirement packages. But how do you know if the seemingly attractive offer you’ve received is a good one? Start by evaluating it carefully to...
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