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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 Jul 23, 2019

Having a plan for your finances is crucial, and a comprehensive financial plan may include budgeting, saving, investing, paying off debt and creating a roadmap to retirement. Working with a financial advisor can be helpful in creating your personal money plan, but DIY types might prefer to use a financial planning software instead. There are a multitude of options to choose from and each one has a different range of features. If you’re a financial advisor yourself, there are also plenty of software options that you can use to help you build plans for your clients. Read more

by Rebecca Lake Aug 15, 2019

When an investment underperforms, tax-loss harvesting is a way to offset the tax impact of capital gains while maintaining your preferred asset allocation. Some robo-advisors even automate this process. The IRS allows investors to use realized losses to offset gains and reduce their ordinary taxable income by up to $3,000 per year. However, the IRS may disallow some of those losses if they break the “wash-sale rule.” Read more

by Rebecca Lake May 22, 2019

Stock correlation describes the relationship that exists between two stocks and their respective price movements. It can also refer to the relationship between stocks and other asset classes, such as bonds or real estate.  Even if you’ve turned over control of your investments to an investment advisor, it’s still a good idea to familiarize yourself with the basics of stock correlation. Read more

by Rebecca Lake Jul 17, 2019

Getting the timing right for retirement matters for your financial well-being. While many people relish the idea of starting their retirement ahead of schedule, retiring too early could leave you… Read more

by Rebecca Lake May 02, 2019

An M&A advisory firm guides businesses through the complicated world of mergers and acquisitions. While financial advisors mostly work with individuals, M&A firms primarily offer advice to businesses… Read more

by Rebecca Lake Aug 21, 2019

The sole proprietor 401(k) is a retirement plan designed for small-business owners who don’t have any employees or only a spouse as their sole employee. It allows participants to invest more money… Read more

by Rebecca Lake Apr 25, 2019

Growing wealth for the long term is likely one of your most important financial goals. To do that effectively, you may want to work with a financial advisor who has similar values to yours. Christian… Read more

by Rebecca Lake Apr 24, 2019

Choosing a mortgage is an integral part of the home buying process. Opting for a 15-year mortgage term instead of the traditional 30-year term seems like a smart move, right? Not necessarily. Going… Read more

by Rebecca Lake Apr 22, 2019

The first step in planning for retirement involves forming a clear vision of the lifestyle you want to enjoy in retirement. Often that means pulling up stakes and moving to another location in the… Read more

by Rebecca Lake Apr 10, 2019

While it’s possible to manage your assets and grow your wealth yourself, many people seek the advice of a professional. As you seek out a financial advisor, you might encounter many certifications… Read more

by Rebecca Lake Sep 10, 2019

A chartered financial analyst (CFA) is someone who holds a professional designation from the CFA Institute, an international association of financial professionals. CFAs primarily review individual… Read more

by Rebecca Lake Sep 19, 2019

Building an investment portfolio means determining the right mix of assets to help you reach your goals for the short and long term. One of the more conventional approaches financial advisors and… Read more

by Rebecca Lake Jun 28, 2019

Social Security benefits may be an integral part of your financial picture in retirement. In fact, 55% of retirees and pre-retirees aged 50 or older say Social Security will be their main source of… Read more

by Rebecca Lake Aug 14, 2019

Having an estate plan in place can offer reassurance that your assets will be managed according to your wishes, both during your lifetime and after you pass away. While many people think of wills as… Read more

by Rebecca Lake Jul 24, 2019

Want to get a big tax refund come tax filing season? You can minimize your tax liability, and potentially snag a larger refund, by taking advantage of every possible tax break. Here are a few things… Read more

by Rebecca Lake Mar 26, 2018

After filing your federal income taxes, the wait for your tax refund is on. But you might want to take a step back before you spend that “extra” money. It helps to have a plan for how you’ll spend.… Read more

by Rebecca Lake Jan 23, 2017

If buying a home is one of your resolutions for the new year, you’ll need to make sure that your credit is in good shape. Since the Federal Reserve may raise interest rates more than once in 2017,… Read more

by Rebecca Lake Jan 23, 2017

The election of Donald Trump to the presidency has caused quite a stir. And so far, the new commander-in-chief has proposed quite a few changes. One centers on the federal estate tax, which up until… Read more

by Rebecca Lake Aug 20, 2018

If you want to shrink your tax bill or beef up your refund, claiming all the deductions you’re eligible for can be a smart strategy. Deductions reduce your taxable income. That’s a plus if you want… Read more

by Rebecca Lake Jan 20, 2017

Home sales tend to rise when the weather warms up. That’s good news for anyone who wants to sell a home. But before you put your house on the market, you may need to add some tasks to your to-do list… Read more

by Rebecca Lake Sep 14, 2018

Saving for retirement is something that everyone needs to think about at some point. The earlier you begin socking away money, the brighter your long-term financial outlook. Preparing for your… Read more

by Rebecca Lake Jul 24, 2019

Filing federal income taxes can be stressful. Making sure you plug in all the right numbers and snag every tax break you qualify for can make your head spin. If you’re relatively new to tax filing,… Read more

by Rebecca Lake Jan 24, 2019

Under the tax reform bill that passed into law at the end of 2017, the personal exemption was eliminated. This means you cannot claim it on your 2018 taxes, which you file in early 2019. So the… Read more

by Rebecca Lake Jun 28, 2017

One of the most challenging aspects of the home-buying process is getting access to financing. Securing a loan can be even more difficult when you’re planning to build a house from the ground up… Read more

by Rebecca Lake Jan 16, 2017

You’ve spent months scouring real estate listings and you’ve finally found your dream home. You put in an offer and everything seems to be smooth sailing until you get that dreaded call from your… Read more