Financial FAQs

By Brent Shaw, Modern Woodmen, Fraternal Financial | m.brent.shaw@mwarep.org

How much should I save for college? Why can’t I save more money? Starting a new year and refocusing your sights on your goals can bring about many questions.

When it comes to finances and planning your financial future, everyone’s situation is different, but often similar questions arise repeatedly. Here are a few frequently asked questions that I and other financial professionals received from clients and readers this year.

How much should I save?

This a question I get a lot, and most people feel they have not saved enough. No matter if you are saving for a big vacation, retirement, or even your grandkid’s college, the exact amount you need is impossible to know for sure.

To read more, pick up a copy of the January/February issue of LiveIt magazine.