Blog

It’s a common problem. You wake up one morning and suddenly realize, I haven’t saved enough for retirement! Des Moines' cost of living is 14% less than the national average but with increased life expectancy and the unexpected costs that come our way, many of us find ourselves nearing retirement age with less saved than we will need to maintain the standard of living we desire. According to a recent survey by the financial services firm Principal, 49% of workers are not too confident or not at all confident that they will have enough money for a comfortable retirement. 50% of workers said that they weren't sure how much to save for retirement. So now that retirement is on your horizon, and you’re waking up to the realization that you have not saved enough, what can you do?

When leaving a job with which you have a 401(k), many factors influence what investment decision will be best for you. It is important to consult with a professional to fully understand your choices. If you live in Des Moines and need professional advice on 401(k) rollovers, call the specialists at Boelman Shaw Tax and Financial Planning.

Engagement is a busy time and requires a lot of planning, not only for the wedding but also for planning a financial life together. Therefore, it is crucial not to underestimate the need for a joint financial plan. According to a Ramsey Solutions Study, the larger the debt of a couple the more likely they were to fight about money. Therefore, the surest way to avoid such conflicts is to put a plan in place before the wedding. You can use this article as a general marriage planning guide. For specific information on how to plan for your marriage in Iowa, consult the experienced specialists in our Des Moines office for professional prenuptial financial planning advice.

As a parent, you want the best for your child, and providing a quality education is one of the best gifts you can give them. However, the cost of higher education continues to rise, making it crucial to start planning and saving as early as possible. The college savings specialists at Boelman Shaw Tax & Financial Planning in Des Moines can help you navigate the complex world of education planning and find the best strategies to fit your family's needs.