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:
A qualified longevity annuity contract, or QLAC, is a type of annuity contract that you can use to create an additional stream of income in retirement. This type of annuity can offer guaranteed monthly payments beginning at a specific date and ending when you pass away. Like other annuities, it’s important to weigh the pros and cons before deciding whether it makes sense to include one in your financial plans. Read more
When you fill out the Free Application for Federal Student Aid (FAFSA), you should receive written notification from your school of choice explaining how much aid you qualify for and what type. A financial aid appeal letter is a written request asking your school to increase the size of your aid package when it’s not enough to cover your costs of attendance. Writing a letter to appeal your financial aid package doesn’t necessarily guarantee that your school will make more aid available to you. But it could help you secure more funding to help pay for higher education costs. Here’s how to approach this challenge. Read more
When working with a financial advisor, it’s important to understand what services they provide and how they’re compensated. Reviewing your advisor’s Form CRS, also known as a client or customer relationship summary, is a good place to start. This form offers an overview of what to expect when working with an advisor. Advisors and other financial professionals are required to provide clients with a copy of their Form CRS and update it regularly. If you’re working with a financial advisor or plan to, it helps to know what’s included in this form and how to read it. Read more
Deciding when to take Social Security retirement benefits is important because it can directly affect your benefit amount. While you can technically start taking benefits as early as 62, you’d… Read more
Running a small business can take up a significant amount of time and energy. You may be wondering if you should hire a business financial advisor to help stay on top of your business and personal… Read more