The holidays are officially here, which can be both a blessing and an added pressure for recent widows. While it’s a wonderful time of year to enjoy with family and friends, there’s an ever-present reminder that things will look a little different this year and you may feel anything but festive.
Additionally, most women face more stress around the holidays
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Holiday Reading List for Widows
The holidays can be an especially difficult time for widows. Traditions and family gatherings can conjure memories and emotions that leave widows feeling exhausted. It’s in these times that leaning on the support of loved ones or cozying up with a good read can really help. With this in mind, we’ve compiled a list of Northstar recommended reading (and listening)…
Are Your Personal and Business Visions in Alignment? Here’s How to Tell
As a small business owner, you serve as the cornerstone of your business, which means your employees, clients, and partners rely on your leadership and guidance. To see your business grow and reach new milestones, you must be one hundred percent committed.
For most business owners, your personal wealth is closely tied to the success of your business. Your business…
How Cognitive Decline Impacts Your Financial Life in Retirement
Just as your investments are subject to various risk factors like rising interest rates, currency risk, and economic turmoil, there’s another type of risk you may not have even considered: your own mental well-being.
When you think of the term “cognitive decline,” the most extreme cases likely come to mind—dementia or Alzheimer’s. But the reality is, as you age, it’s…
Understanding How Habits Work in Order to Be Financially Successful
You’ve heard about the importance of compounding when it comes to saving for retirement or other larger goals. Small contributions made regularly multiply in value over time. The longer your contributions grow uninterrupted, the more impactful each dollar becomes. Because of this, compounding interest is the (not so) secret ingredient to building your long-term savings toward financial independence.
Think of…
4 Ideas for Managing Health Care Costs in Retirement
Managing and wrapping your head around health care costs and health insurance may seem like a daunting task.
A financial wellness study by PricewaterhouseCoopers found that over one-third of baby boomers—38% to be exact—said that the cost of health care is their top fear. It’s even higher than anxieties generated by the fear of running out of money.
But there…
A Guide to Elder Planning for Aging Parents
Watching your parents get older is difficult, especially if their health or cognitive abilities start to decline. If you haven’t started planning for your parents’ future care and financial needs, it’s important to do so sooner rather than later. Here are a few areas of considerations we recommend you start discussing with your parents and a trusted financial professional.
From Diapers to Diplomas: A Timeline for College Planning
There’s no feeling quite like dropping your college freshman off for their first semester. The energy on campus is electric, the dorm halls are packed, and you can’t wait to see what adventures lie ahead for your young adult. On a day like today, feeling financially prepared for the costs of college makes all the difference.
But preparation doesn’t happen…
Sound Investing Starts with Knowing Your Risk Tolerance
Having a clear understanding of your risk tolerance is one of the most fundamental tenets of investing. Your risk tolerance level serves as the basis for determining how best to allocate your portfolio, while allowing you to sleep at night. Knowing how much risk you can tolerate will help you achieve your goals within your investment horizon without added stress…
A College Education Minus the Debt
Fully funding a college education without debt is no simple task. It’s no secret that the cost of a four-year degree has soared. But do you realize how much it has risen?
According to Education Data Initiative, the average cost of college tuition and fees at four-year public schools has risen 179% over the last 20 years. It’s an…