Estimating Your Retirement Income Needs

You know how important it is to plan for your retirement, but where do you begin? One of your first steps should be to estimate how much income you’ll need to fund your retirement. That’s not as easy as it sounds, because retirement planning is not an exact science. Your specific needs depend on your […]

10 Years and Counting: Points to Consider as You Approach Retirement

1 2020 Retirement Confidence Survey, EBRI 2Note that if you work while receiving Social Security benefits and are under full retirement age, your benefits may be reduced until you reach full retirement age. 3Working with a tax or financial professional cannot guarantee financial success. 4EBRI Issue Brief, May 28, 2020 5A complete statement of coverage, including […]

Retirement Planning: The Basics

You may have a very idealistic vision of retirement — doing all of the things that you never seem to have time to do now. But how do you pursue that vision? Social Security may be around when you retire, but the benefit that you get from Uncle Sam may not provide enough income for […]

How to Recognize Scam Calls and Keep Your Money Safe

By Tina Mason On any given day, you probably get phone calls from numbers you don’t know.  Those dreaded spam calls continue to become more frequent and the total number grew by 18% globally last year.  In the U.S. that growth was even more significant, with Americans receiving an average of 28 spam calls a […]

Celebrating Home Owners: Are You Ready to Buy?

June is National Homeownership Month, celebrating a key part of what many people see as part of their life dreams.  And why not?  Home ownership can be a great investment with many benefits. Long term cost savings – By paying your monthly mortgage, you are creating your own nest egg, instead of paying off someone […]

Why Small Businesses and Community Banks are a Perfect Match

By John Darin May is Small Business Month, celebrating the importance of small businesses to our national and local economies.  Small business owners and their entrepreneurial spirit are a cornerstone of our economy and our local communities.  In Connecticut, they comprise 97% of business and employ half of the state’s workforce. Small Business Month also […]

Get Rid of Your Old Electronics Safely

Recycling is an important part of our daily lives.  In fact, it’s the law, and there is a list of items that are designated for recycling only in CT and may not be placed in the garbage.  There are many reasons, but among the biggest is the fact that landfills are filling up and could […]

Financial Literacy: Teach Your Children to Save

One of the greatest gifts you can give your child is a financial education.  We all want our children to succeed in life, which means helping them become financially stable.  Once they reach college age and leave the comfort and safety of your home, a solid understanding of banking and financial best practices is critical […]

When Should You Open a Savings Account for Your Child?

By Celeste Lohrenz You’ve had your baby shower, the nursery is set up, the closet is full of onesies, and you’ve got what seems like a year’s supply of diapers and formula, which will actually only last you a month, and your baby is due any day.  The only thing you haven’t thought about is […]

Setting Your High School Senior Up for Financial Success

By Tina Mason Now that we’re in the second semester of the school year, the college applications have been submitted and high school seniors are waiting anxiously to receive a response.  Soon, they’ll take another step on the the path to their future and before you know it, parents will be be packing up cars […]