Colin Murray, CFP

05/15/2023

The difference between commission-based and fee-based compensation for financial advisors, when each is appropriate, and the importance of working with a trustworthy advisor who prioritizes the client's interests.

08/23/2022

The central bank is expected to increase the fed-funds rate by 0.75 percentage point as it tries to rein in inflation.

08/04/2022

GDP shrank for a 2nd quarter in a row. While two consecutive quarters of negative growth is often considered a recession, it's not an official definition. Parts of the economy are clearly struggling.

07/28/2022

The social media company's Reality Labs segment, focused on augmented and virtual reality, notched a $2.8 billion loss in the latest quarter.

06/04/2022

Home health care costs are going to get much more expensive in the coming years. While many people believe that Medicare or Medicaid would cover their care expenses, this is often not the case.

Here are 3 things to know about long-term care insurance.

Long-term care insurance can come to the rescue if you need care. Here are three things that most people don’t realize about LTCI.

06/02/2022

Here are 11 guidelines for using your dreams to help you build a financial plan for the life you want. If you need further guidance, feel free to contact me.

The most important part of your financial plan isn't your rate of return. It is about planning for whatever it is that is important to you.

05/31/2022

Did you know there are material differences between IRAs offered by banks and credit unions and those offered by investment firms and other types of financial institutions?

Learn the pros and cons of opening an IRA account at your local or online bank.

IRAs offered by banks and credit unions tend to differ from IRAs available elsewhere in that they offer less flexibility and lower returns.

05/04/2022

It’s an emotional time for many people wondering if they’re financially stable enough for a recession. You may be better prepared when applying some of these suggestions from this article.

Earlier this month, Deutsche Bank said a U.S. recession will likely begin late next year as the country grapples with some of the fastest-growing inflation in decades.

05/02/2022

Retirees shouldn't get trapped by the fear of overspending and forgoing common retirement pastimes like travel or delay crucial health and household maintenance. Learn ways to alleviate that fear with this article.

Retirees shouldn't have to forgo basic expenses, yet fear of running out of money leads many to sit on savings. Simple steps like replicating a paycheck can help skittish spenders.

04/28/2022

To create a retirement income stream, there are a variety of strategies available depending upon your specific income needs and lifetime goals. Learn which approach may work best for you.

Replacing your paycheck in retirement takes planning. Here are two popular approaches to creating an income stream and the types of assets required to fuel them.