Commonly Asked Questions
FAQs
Budgeting & Cash Flow
1
How do I know where my money is going each month?
How do I build an emergency fund while still saving for the future?
What's the best way to pay off debt while also investing?
Education & 529 Planning
2
What is a 529 plan and how does it work?
When is the right time to start saving for my child's education?
How much should I be saving for college each year?
Is a 529 plan the best way to save for education, or are there other options?
Retirement Planning
3
How much money do I need to retire comfortably?
What will my monthly income look like once I stop working?
What's the difference between a 401(k) and an IRA?
Should I contribute to a Roth or Traditional retirement account?
How do I catch up on retirement savings if I started late?
Life Insurance & Protection
4
How much life insurance do I actually need?
What is the difference between term and permanent life insurance?
What happens to my family financially if I pass away unexpectedly?
How do I protect my income if I become sick or injured and can't work?