MFS Monthly Tip: Generation X’s Retirement Status

canstock39551783

How would you guess Gen X is faring when it comes to retirement saving? Americans born between 1965 and 1980 are approaching what should be their peak income years, and many of them have actively contributed to workplace retirement plans, IRAs, and investment accounts. At the same time, Gen X is becoming the new “sandwich generation”—spending time and money to care for kids and aging parents at once. Continue reading

MFS Monthly Tip: Calculating Your Financial Needs

pensive-man-with-question-marks-background_1134-620
Guest Blogger: Andrew Horowitz, CFP, Horowitz & Company, Inc.

Life insurance is an important component of a well-crafted financial plan. It is not necessarily something that will benefit you directly, rather it helps provide for your loved ones in the event of an untimely death.

The question that many ask is: “What is the appropriate amount of life insurance to have?”  Continue reading