Harris Financial-CommonMythsRuinRetirementSecurity-couple viewing mountainscape - V3

By: Harris Financial Advisors | On: September 16, 2020 | Category: Long Term Planning, Retirement Savings |

Common Myths that Can Derail Your Retirement

Many Americans do not adequately save for retirement because of lack of information about its true cost. For instance, they might think they will spend less in retirement. But the Bureau of Labor Statistics found that “older households,” defined as head of household age 65 and older, spend approximately $46,000 annually in retirement (this includes housing, transportation, healthcare, food, personal insurance/pensions, cash contributions, and entertainment).

Harris Financial Advisors-How to Prepare for Uncertainty-Man counting money

By: Harris Financial Advisors | On: September 9, 2020 | Category: Financial Planning, Long Term Planning |

How to Prepare for Uncertainty

After college, I had an urge to go on a big adventure. We were in the early days of the global financial crisis and the supply of traditional entry-level jobs and paid internships had evaporated. So, in the middle of that economic storm, I decided to move to South America and become an English teacher.

Harris Financial-MisconceptionsAboutHealthcareCostsinRetirement-Father & son cooking

By: Harris Financial Advisors | On: September 2, 2020 | Category: Insurance, Medicare, Retirement Savings |

Misconceptions about healthcare costs in retirement

Did you know that half of all monies spent on healthcare is spent during our retirement years? According to the New York Times, total healthcare spending for Americans 65 and older is about $15,000 per year — nearly three times that of working-age Americans.

Harris Financial Advisors-Tips for Women Relaunching Their Career

By: Harris Financial Advisors | On: August 19, 2020 | Category: Women |

Tips for Women Relaunching Their Career During the Pandemic

There was record job growth in June, but National Women’s Law Center data shows that many women were left out of this economic rebound. According McKinsey & Company, women’s jobs have been 1.8 times more vulnerable to this crisis than men’s jobs.

Harris Financial-HowYouCanSupportNonprofits-Donation Box

By: Harris Financial Advisors | On: August 4, 2020 | Category: Community Involvement, Nonprofit |

How You Can Support Nonprofits During the Pandemic

COVID-19 has financially impacted the nonprofit sector, and many do not know if they will survive the crisis. Charities Aid Foundation of America surveyed nearly 550 nonprofits in 93 countries in March 2020, and 96.5 percent of respondents reported negative impacts related to the virus.