On The Money: How myRA, a new retirement account, works

...to opening Roth IRAs.Q: Will this leave me enough to retire on?A: Almost certainly not. The government and financial planners caution that this is a way to get people to start saving for their retirements.

On The Money: Strategies to maximize your Social Security benefits

...to get this right," said Wes Brown, a certified financial planner at Rather & Kittrell in Knoxville, Tennessee...to spend it all," said Randy Bruns, a certified financial planner with HighPoint Planning Partners in Downers Grove...

On The Money: What to know before taking an online loan to pay off debt

...they started with."If you're not disciplined, I would not recommend it," says Felicia Gopaul, a certified financial planner in Irvine, California.Online lenders such as Lending Club, Upstart and Prosper offer personal loans quicker than...

Try mastering these money habits before your 30s

...your finances. A budget tells you where you want your money to go ? not where you've already spent it, said financial planner P.J. Walsh.Your budget should tell you how much money is going toward mandatory expenses ? rent and student...

Local businesses watch dropping gold prices

...we're not getting any kind of real direction," Damron said.That level of uncertainty is part of the reason financial planners such as Bill Cleveland steer clients away from adding gold to their investment portfolios."We want to invest...

Don't let myths guide your retirement savings plan

...savings plan. Consider investing in a Roth or traditional IRA, too. According to Car rie Schwab-Pomerantz, a financial planner and president of the Charles Schwab Foundation, "An IRA not only gives you the ability to save even more, it might...

Brokers' conflicts can cost investors

...portfolio is half of what it was, according to a financial planner who helped her file a claim against the broker...going toward penalties and taxes, according to her financial planner, James Burns. If the broker had been held to a...

Interest rules flawed

In 2008, my wife and I decided to retire. We weren't rich, but our financial planner agreed that we had enough income and resources to retire. I was 75 years old at that time.Over the past eight years, the income...

Tips for parents considering helping their child buy a home

...repaid."When you apply for a loan they want to know how much money you have," said Erika Safran, a certified financial planner with Safran Wealth Advisors in New York. "If you're receiving gift, that person is going to have to write a...

Floyd Moore Jr.

...United States Power Squadron and the Association of Aviation Ordnancemen. He was an Independent Insurance Agent and Financial Planner, a former North Augusta City Councilman, and a member of AMBUCS. Mr. Moore was an avid golfer and was the co-owner...