Lynn Chang-Ly

05/19/2022

The more time you devote to a goal, the more success you will have. Need a little help getting started? Pencil me in for a call, and we can discuss ways you can help improve your financial future.

It is important to diversify your investments in order to properly manage risk. Learn five strategies from New York Life for how to diversify your portfolio.

05/17/2022

When you're filling up your planner, be sure to carve out some time for your retirement goals. Setting aside the time now can make all the difference for you and your family's future.

When financially preparing for retirement, remember to consider five things about income sources and preparation.

05/14/2022

What kind of legacy do you want to leave to your loved ones?

05/12/2022

A financial expert shares the lessons she learned from her money fails and how she recovered to build the financial life of her dreams.

You don’t have to be perfect to get rich—and I’m proof! Here’s what I’ve learned from a lifetime of money fails.

05/10/2022

Wondering what type of savings accounts is best for you? This article shares the 6 best savings accounts to suit your specific needs and goals.

Savings accounts can be safe places to keep the money you don't intend to spend right away. These accounts are useful when planning for short-term needs, such as an emergency fund, and longer-term goals like stashing away cash for a down payment on a home. There are different types of savings

05/07/2022

If your savings exceeds $250,000 for an individual account or $500,000 for a joint account, you may need to open multiple checking and savings accounts at FDIC-insured institutions. Here’s why.

If your wealth exceeds FDIC limits, it may be time to open multiple accounts. But make sure your money is earning something, too.

05/05/2022

This article looks at current mortgage rates, previous rates, and what this means for you—borrowers who want to purchase a home.

View current home mortgage rates for fixed-rate loans, adjustable-rate loans, and more. Save with the best mortgage rates and terms.

05/03/2022

If you reached age 72 after June 30, 2021, but before January 1, 2022, you could avoid the IRS excise tax for excess accumulation in your traditional IRA account by taking your required minimum distributions (RMD) before the deadline.

If you miss your RMD deadline, you owe the IRS an excise tax of 50% of your RMD shortfall. For example, if your RMD for 2021 is $10,000 and you withdrew only $5,000 by the deadline, you will owe the IRS an excise tax of $2,500 ($10,000-$5,000) x 50%.

04/30/2022

What kind of legacy do you want to leave?

04/28/2022

This article offers ways women can balance all of their obligations and ease financial stress.

COVID amped up the pressure on women providing for their families recently. If you’re “stuck in the middle,” don’t lose hope. Take some tips on how to get some breathing room again.

04/26/2022

When was a time that teamwork helped you solve a problem that you couldn’t tackle on your own?

04/23/2022

If you’re retiring early, congratulations! This article provides tips on how to navigate this transition proactively and with care.

Many people are retiring early. The St. Louis Federal Reserve reported that upwards of 3 million Americans retired early due to the COVID-19 pandemic. If you weren’t among that group that retired early, it’s good to remain working for a bit longer if you can for two main reasons