Your credit score is a rating that lenders can use to gauge how likely you may be to repay debts on time. A typical credit score will range between 300 points and 850 points. In other words, you can improve your position in the borrowing process by taking steps to boost your score.
About Briant Sikorski
Briant entered the financial services industry after a twenty-year career in the venture capital, information technology, telecommunications and automotive manufacturing industries. Briant holds a Bachelor of Science degree from the University of Michigan and a Master of Business Administration degree from Oakland University.
Entries by Briant Sikorski
The trend toward online investing and advisory services, also known as robo-investing and robo-advice is gaining momentum, but industry participants are struggling to get a handle on how retail investors view and/or use robo-services to conduct their financial affairs.
Changing jobs is an important decision – one that many of us are making more often. Once you’ve decided to switch jobs, your next move is to determine what to do with the money in your former employer’s retirement plan.
There is a good possibility that you or your spouse will eventually require some form of long-term care. Whether you or your spouse will be among this group is impossible to predict. But it is wise to consider how you might pay for long-term care and whether long-term care insurance is a good idea for you.
As the traditional giving season approaches, there is one important item to add to your to do list: Create a holiday budget.
When planning your estate, be sure you understand the differences between bequests spelled out in a will and beneficiary designations incorporated in retirement accounts.
A health care proxy allows you to designate a person who can make medical decisions for you in the event that you are too seriously incapacitated through illness or injury to make those decisions yourself. In some states, a health care proxy is known as a medical power of attorney.
How times have changed. Only 26 percent of American households are composed of married couples with dependent children, according to the latest U.S. Census. Financial advisors may wish to educate themselves regarding the unique financial needs of unmarried couples – a group that may already represent a growing number of your clients.
Most adults become eligible for Medicare on the first day of the month they turn age 65. Whether you need to sign up and how to go about doing so depends on the type of coverage you select and whether you collect Social Security benefits prior to becoming eligible for Medicare.
Editor’s Note: Briant Sikorski from Stratos Wealth Partners in Cary contributed this article. Cary, NC – When friends and loved ones finally raise their glasses to bid you a long and healthy retirement, you do not want to be worrying about how your bills will get paid. That is why it is so important to participate in […]