Financial Education
Scarborough Alliance is dedicated to helping union members increase their financial knowledge
When it comes to retirement planning and investing, more knowledge means having more power over your financial future. Increasing your financial literacy while working with a trusted advisor who can create a savings plan you can stick with will help you attain your financial goals, both leading up to and during retirement. Explore our articles, calculators, and videos on various financial topics.
68 posts found
Compound interest fertilizes your nest egg
One of the best things that can happen with money is compounding interest. Imagine you have $1,000 and earn 10 percent. That $1,000 is now worth $1,100. The next year, …Read More
The complexity of annuities
They’re not as simple as you think You may have heard of annuities – investment contracts in which an individual makes an up-front payment in return for a specified annual …Read More
Listening is the key to the client/financial professional relationship
Originally authored by Peter Dunn, reprinted from a Special for USA TODAY I’m on the outside now. But when I was on the inside of the financial planning industry, one …Read More
Drawing down your retirement account
Most articles about Individual Retirement Accounts (IRAs) focus on the benefits of starting one – most notably allowing money to grow tax-free until retirement. Much less attention is paid to …Read More
Don’t act on emotion in market swings
When the Dow Jones industrial average went over 26,000 in January 2018, you’d think most investors would have been thrilled. But money can have a strange effect on people, especially …Read More