debt

Biggest Retirement Saving Mistakes to Avoid at Each Life Stage
Team SummitEmployee Financial Resource Center, Financial Planning, Retirement PlanningComments are off for this post
According to Northwestern Mutual’s 2018 Planning & Progress Study, a shocking 21 percent of Americans have nothing at all saved for the future, and 78 percent say they are extremely or somewhat concerned about not having enough set aside for retirement. Everyone’s path to retirement is different, but there are general rules that can help  Read More →
Repay Student Loans or Save for Retirement? It Doesn’t Have to Be a Tug of War
Team SummitEmployee Outcomes, Employer Resource CenterComments are off for this post
Many employees feel squeezed to both pay off their debt and save for their future. A recent Private Letter Ruling (PLR) opens the door for employers to help them. The average student graduating in 2016 has $37,172 in student loan debt.¹ According to the New York Federal Reserve, more than two million student loan borrowers  Read More →
The Sound of Music: Financial Lessons From Your Favorite Hits
Team SummitBudgeting & Debt, Employee Financial Resource Center, Financial PlanningComments are off for this post
With the 61st GRAMMY Awards just around the corner, music is on the mind! You expect financial advice from an advisor, and even sometimes from your friends and family (whether you want it or not). The last place you expect to hear it is singing along to your favorite song—but that doesn’t mean it’s not  Read More →

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