Loading
Tap on the profile icon to edit
your financial details.

Rebecca Lake

Home Buying, Retirement and Investing Expert

Rebecca Lake is a retirement, investing and estate planning expert who has been writing about personal finance for a decade. Her expertise in the finance niche also extends to home buying, credit cards, banking and small business. She's worked directly with several major financial and insurance brands, including Citibank, Discover and AIG and her writing has appeared online at U.S. News and World Report, CreditCards.com and Investopedia. Rebecca is a graduate of the University of South Carolina and she also attended Charleston Southern University as a graduate student. Originally from central Virginia, she now lives on the North Carolina coast along with her two children.

Posts by Rebecca Lake:

by Rebecca Lake Mar 31, 2020

A trust is an estate planning tool that you may consider using if you want to go beyond drafting a last will and testament. One key thing to decide is whether to establish a revocable or irrevocable trust. Both have their pros and cons and one may be more appropriate than the other, depending on your financial situation and needs. If you’re thinking of adding a trust to your financial plan, it helps to know how the two compare. Consider working with a financial professional to incorporate estate planning into your financial plan. Find a financial advisor today. Read more

by Rebecca Lake Mar 27, 2020

If you’re looking for a financial advisor to work with, there are a number of important questions to ask. For example, it’s helpful to understand how the advisor gets paid and how they communicate with clients. However, consider asking if they work for a closed or open architecture firm. Read more

by Rebecca Lake Mar 27, 2020

Stocks can play an important part in diversifying a portfolio. Share prices can fluctuate, depending on various market movements. But there’s something else that can affect what your stocks are worth: dilution. Stock dilution can influence the value of each stock you own and affect your portfolio as a whole. Read more

by Rebecca Lake Mar 24, 2020

Non-profit and not-for-profit organizations sound similar but they’re quite different in terms of tax status and fundraising. Whether you’re interested in setting up a non-profit or not-for-profit,… Read more

by Rebecca Lake Mar 24, 2020

A pour-over will is a specific type of will that can be used in conjunction with a living trust to manage your assets after you’re gone. This kind of will can be helpful in estate planning, though it… Read more

by Rebecca Lake Mar 19, 2020

Investing in the stock market can help you build wealth, but deciding what types of stocks to invest in can be challenging. For example, you may be deciding between value and growth stocks and… Read more

by Rebecca Lake Mar 17, 2020

A trust can be used to manage estate taxes, shelter assets from creditors and pass on wealth to future generations. A family trust is a specific type of trust families can use to create a financial… Read more

by Rebecca Lake Mar 16, 2020

When managing your portfolio and growing wealth, many investors turn to a financial professional for help. Often this means finding a financial advisor who offers asset management services. Asset… Read more

by Rebecca Lake Mar 14, 2020

When startups need funding, venture capital is one option they might consider. Getting funding from a VC firm can offer certain advantages to new businesses that may not be able to get approved for… Read more

by Rebecca Lake Mar 14, 2020

Trusts can be a useful estate planning tool for creating wealth for future generations. They can offer legal protections against creditors while managing assets according to your wishes. They may may… Read more

by Rebecca Lake Mar 07, 2020

Investing in the stock market involves two main objectives: growth and income. Growth investments can increase in value over time. Income investments can put money into your pocket consistently. An… Read more

by Rebecca Lake Mar 07, 2020

Determining how to allocate assets in your investment portfolio is important. A permanent portfolio allocation can minimize the impact of economic changes on your investments. The concept, developed… Read more

by Rebecca Lake Mar 07, 2020

Working with a financial advisor can help you get a better handle on your investments and other assets. Some prefer a turnkey asset management program or TAMP for handling their client’s assets. It’s… Read more

by Rebecca Lake Mar 07, 2020

When determining which stocks to invest in consider trading volum among your criteria. For example, you might decide to focus on high volume stocks. You may prefer lower volume when making investment… Read more

by Rebecca Lake Feb 28, 2020

You may want to set up power of attorney if you’d like someone else  to make decisions on your behalf. Special power of attorney has a narrow scope. It grants someone the right to act for you in… Read more

by Rebecca Lake Feb 28, 2020

Estate planning can help you manage your investments and other assets to minimize taxes during your lifetime and beyond. A dynasty trust is one vehicle you can use to create a financial legacy for… Read more

by Rebecca Lake Feb 28, 2020

Scenario analysis can help forecast investment performance, based on different factors and situations. This strategy could help with managing risk and potentially increasing returns. However, it’s… Read more

by Rebecca Lake Feb 28, 2020

Workplace retirement plans, such as a 401(k) or pension plan, often have a lengthy list of rules and regulations. An investment committee often determines how to manage those retirement plans. Learn… Read more

by Rebecca Lake Feb 25, 2020

Who owns your real estate, investment accounts, bank accounts and other assets?. Being joint tenants with right of survivorship with someone else gives each of you ownership rights to assets. That’s… Read more

by Rebecca Lake Feb 24, 2020

Building a portfolio means finding a strategy suited to your investment goals. For some investors, commingled funds are the answer. Commingled funds pool assets in a way similar to mutual funds. Here… Read more

by Rebecca Lake Feb 23, 2020

Financial literacy is an important concept to master, but many people fall short. In a 2019 financial literacy survey by Equifax, 32% of Americans said they’d give themselves a “C” for financial… Read more

by Rebecca Lake Feb 22, 2020

When creating a portfolio for retirement or other investment goals, it’s all about strategy. Investing like a couch potato essentially means taking more of a hands-off approach to  your portfolio. If… Read more

by Rebecca Lake Feb 14, 2020

As you plan your retirement future, consider your options for long-term care. In-home or nursing home care can be expensive. But certain financial products can help. Asset based long term care… Read more

by Rebecca Lake Feb 14, 2020

Requiring long-term care later in life can be pricey. According to Genworth Financial, the average annual cost of nursing care in a semi-private room was $90,155 in 2019. Paying that much money could… Read more

by Rebecca Lake Feb 14, 2020

Having the right insurance coverage is an important part of financial planning. Life insurance, for example, can help your loved ones have peace of mind if you pass away. Long-term care insurance can… Read more