Expert Insight & Commentary
Personal Finance
Measure Progress Toward Your Long-Term Goals
by Rande Spiegelman
April 4, 2012
How to create custom performance benchmarks and a personal net worth statement.
by Rande Spiegelman
April 4, 2012
How to create custom performance benchmarks and a personal net worth statement.
7 Tax Fundamentals Every Investor Should Know
by Rande Spiegelman
March 29, 2012
A tax-smart approach to saving, investing, retirement, and estate planning can help you keep more of what you earn–and leave more to your heirs.
by Rande Spiegelman
March 29, 2012
A tax-smart approach to saving, investing, retirement, and estate planning can help you keep more of what you earn–and leave more to your heirs.
Get Smart About Savings
by Rande Spiegelman
February 29, 2012
Managing your cash inflows and outflows wisely can pay off big time.
by Rande Spiegelman
February 29, 2012
Managing your cash inflows and outflows wisely can pay off big time.
Borrowing Smart
by Rande Spiegelman
February 21, 2012
How to make the most of the 3 primary sources of low-rate, tax-deductible debt: mortgage and home-equity debt, margin loans and student loans.
by Rande Spiegelman
February 21, 2012
How to make the most of the 3 primary sources of low-rate, tax-deductible debt: mortgage and home-equity debt, margin loans and student loans.
Get Started on Your 2011 Taxes
by Rande Spiegelman
February 8, 2012
Tax day may seem far away, but preparing your taxes early can mean fewer headaches—and real savings.
by Rande Spiegelman
February 8, 2012
Tax day may seem far away, but preparing your taxes early can mean fewer headaches—and real savings.
Saving for College: How Do You Start?
by Rande Spiegelman
February 2, 2012
The sooner you start investing for college, the more flexibility you'll have and the fewer loan payments you or your child will likely owe.
by Rande Spiegelman
February 2, 2012
The sooner you start investing for college, the more flexibility you'll have and the fewer loan payments you or your child will likely owe.
Saving for College: Strategies for Success
by Rande Spiegelman
Updated February 2, 2012
529 college savings plans and Education Savings Accounts provide many advantages over custodial accounts, brokerage accounts and savings accounts.
by Rande Spiegelman
Updated February 2, 2012
529 college savings plans and Education Savings Accounts provide many advantages over custodial accounts, brokerage accounts and savings accounts.
Leave Less to the IRS
by Rande Spiegelman
Updated January 19, 2012
Young or old, wealthy or not, use our estate planning tips to help leave more to your heirs.
by Rande Spiegelman
Updated January 19, 2012
Young or old, wealthy or not, use our estate planning tips to help leave more to your heirs.
The Estate Tax and Lifetime Gifting
by Rande Spiegelman
Updated January 18, 2012
If you have a large estate, consider gifting during your lifetime as a strategy to help reduce estate taxes.
by Rande Spiegelman
Updated January 18, 2012
If you have a large estate, consider gifting during your lifetime as a strategy to help reduce estate taxes.
Personal Finance Calendar for 2012
by Rande Spiegelman
January 13, 2012
Follow our month-by-month guide to help get your finances in tip-top shape this year.
by Rande Spiegelman
January 13, 2012
Follow our month-by-month guide to help get your finances in tip-top shape this year.
Taxes: What's New for 2012?
by Rande Spiegelman
January 6, 2012
Take advantage of eligible tax breaks to help increase your take-home pay.
by Rande Spiegelman
January 6, 2012
Take advantage of eligible tax breaks to help increase your take-home pay.
Get Your Finances in Shape for 2012
by Rande Spiegelman
December 21, 2012
Five resolutions to reshape your finances in the new year.
by Rande Spiegelman
December 21, 2012
Five resolutions to reshape your finances in the new year.
Year-End Tax Tips
by Rande Spiegelman
Updated November 21, 2011
Consider these bite-size tax tips to make tax time more palatable.
by Rande Spiegelman
Updated November 21, 2011
Consider these bite-size tax tips to make tax time more palatable.
'Tis the Season for Giving
by Rande Spiegelman
Updated November 2, 2011
Make a big charitable impact and reduce your taxes, too.
by Rande Spiegelman
Updated November 2, 2011
Make a big charitable impact and reduce your taxes, too.
Claiming Foreign Taxes: Credit or Deduction?
by Rande Spiegelman
Updated October 19, 2011
If you own foreign investments, you could be paying foreign tax. Claiming a deduction or a credit could prevent double taxation stateside.
by Rande Spiegelman
Updated October 19, 2011
If you own foreign investments, you could be paying foreign tax. Claiming a deduction or a credit could prevent double taxation stateside.
Saving for Education | Custodial Accounts | Title Transfer on Home
by Rande Spiegelman
October 14, 2011
A reader Q&A on saving for college, the difference between custodial accounts and trusts, and whether you should turn over the title on your home to your kids.
by Rande Spiegelman
October 14, 2011
A reader Q&A on saving for college, the difference between custodial accounts and trusts, and whether you should turn over the title on your home to your kids.
A Primer on Wash Sales
by Rande Spiegelman
September 21, 2011
What the IRS rule on wash sales might mean for you.
by Rande Spiegelman
September 21, 2011
What the IRS rule on wash sales might mean for you.
Phantom Assets | Estate Portability | Refinance Now?
by Rande Spiegelman
July 27, 2011
Answers on how retirement income affects your asset allocation, new estate portability laws, and deciding whether or not to refinance.
by Rande Spiegelman
July 27, 2011
Answers on how retirement income affects your asset allocation, new estate portability laws, and deciding whether or not to refinance.
Investment Expenses: What's Tax Deductible?
by Rande Spiegelman
June 2, 2011
Uncle Sam gives investors a number of tax breaks—but it’s up to you to take advantage.
by Rande Spiegelman
June 2, 2011
Uncle Sam gives investors a number of tax breaks—but it’s up to you to take advantage.
Loss on Home | Real Estate Investments | Retirement Drawdown
by Rande Spiegelman
May 24, 2011
Answers about selling a home at a loss, investing in real estate and prioritizing withdrawals from different retirement vehicles.
by Rande Spiegelman
May 24, 2011
Answers about selling a home at a loss, investing in real estate and prioritizing withdrawals from different retirement vehicles.
IRAs | Cash Alternatives | Reverse Mortgages
by Rande Spiegelman
March 29, 2011
A new monthly Q&A on personal finance and retirement.
by Rande Spiegelman
March 29, 2011
A new monthly Q&A on personal finance and retirement.
Get Started on Your 2010 Taxes
by Rande Spiegelman
January 28, 2011
Tax day may seem far away, but preparing your taxes early can mean fewer headaches—and real savings.
by Rande Spiegelman
January 28, 2011
Tax day may seem far away, but preparing your taxes early can mean fewer headaches—and real savings.
Saving for College: Coverdell Education Savings Accounts
by Rande Spiegelman
Updated January 19, 2011
An Education Savings Account is a great way to invest money to help pay for your child’s college education.
by Rande Spiegelman
Updated January 19, 2011
An Education Savings Account is a great way to invest money to help pay for your child’s college education.
The Importance of Tax-Efficient Investing
by Rande Spiegelman
Updated January 14, 2011
Become a tax-smart investor with these actionable strategies.
by Rande Spiegelman
Updated January 14, 2011
Become a tax-smart investor with these actionable strategies.
AMT: The Alternative MAXIMUM Tax
by Rande Spiegelman
Updated January 10, 2011
What is AMT? How does it work? What you can do about it?
by Rande Spiegelman
Updated January 10, 2011
What is AMT? How does it work? What you can do about it?
Calculate the Cost Before You Sell
by Rande Spiegelman
Updated January 10, 2011
Planning to sell an investment that’s appreciated in value? Being familiar with the tax rules may help you pay less in taxes and keep more of your gain.
by Rande Spiegelman
Updated January 10, 2011
Planning to sell an investment that’s appreciated in value? Being familiar with the tax rules may help you pay less in taxes and keep more of your gain.
Get a Tax Break by Harvesting Losses
by Rande Spiegelman
Updated November 19, 2010
Offsetting capital gains with capital losses can lower your tax bill and better position your portfolio going forward.
by Rande Spiegelman
Updated November 19, 2010
Offsetting capital gains with capital losses can lower your tax bill and better position your portfolio going forward.
How Do You Define Income?
by Rande Spiegelman
November 17, 2010
Understanding what constitutes income can help you pay less in taxes. Learn the fundamentals all investors should be familiar with.
by Rande Spiegelman
November 17, 2010
Understanding what constitutes income can help you pay less in taxes. Learn the fundamentals all investors should be familiar with.
On the Road to Financial Bliss
by Rande Spiegelman
Updated May 19, 2010
Ten financial steps to take when tying the knot.
by Rande Spiegelman
Updated May 19, 2010
Ten financial steps to take when tying the knot.
Health Care Taxes
by Rande Spiegelman
March 30, 2010
Recent health care legislation includes several new taxes likely to impact individual investors.
by Rande Spiegelman
March 30, 2010
Recent health care legislation includes several new taxes likely to impact individual investors.
So You Don't Think You Need a Will?
by Rande Spiegelman
Updated March 5, 2010
Whatever your age and circumstances, you’re doing yourself and your loved ones a great disservice if you don’t prepare a will.
by Rande Spiegelman
Updated March 5, 2010
Whatever your age and circumstances, you’re doing yourself and your loved ones a great disservice if you don’t prepare a will.
Stretching Your IRA: Transferring Wealth to the Next Generation
by Rande Spiegelman
June 30, 2009
An IRA can allow you to transfer wealth to future generations while reducing, deferring or even eliminating income taxes on your retirement savings.
by Rande Spiegelman
June 30, 2009
An IRA can allow you to transfer wealth to future generations while reducing, deferring or even eliminating income taxes on your retirement savings.
Creating a Budget
by Rande Spiegelman, CPA, CFP, Vice President of Financial Planning, Schwab Center for Financial Research
June 22, 2009
For most of us, budgeting is necessary to achieve our financial goals. In this article, Rande Spiegelman shows simple steps to create and stick to a budget that will help you attain your goals.
by Rande Spiegelman, CPA, CFP, Vice President of Financial Planning, Schwab Center for Financial Research
June 22, 2009
For most of us, budgeting is necessary to achieve our financial goals. In this article, Rande Spiegelman shows simple steps to create and stick to a budget that will help you attain your goals.
Life Insurance Planning
by Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Financial Research
March 4, 2009
Consider the role of life insurance as part of your overall financial plan.
by Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Financial Research
March 4, 2009
Consider the role of life insurance as part of your overall financial plan.
Saving for College: 529 College Savings Plans
by Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Financial Research
Updated January 20, 2009
A 529 college savings plan is perhaps one of the best ways to invest money to help pay for your child's college education.
by Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Financial Research
Updated January 20, 2009
A 529 college savings plan is perhaps one of the best ways to invest money to help pay for your child's college education.
Saving for College: Custodial Accounts
by Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Financial Research
Updated January 9, 2009
Custodial accounts used to be the only tax-advantaged way to save for college. But lately they’ve been eclipsed by the tax-free benefits of 529 plans and Education Savings Accounts.
by Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Financial Research
Updated January 9, 2009
Custodial accounts used to be the only tax-advantaged way to save for college. But lately they’ve been eclipsed by the tax-free benefits of 529 plans and Education Savings Accounts.
Why Financial Planning Matters
by Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Financial Research
Updated November 10, 2008
If you hope to achieve your life goals, establishing and following a sound financial plan is one of the best and most important decisions you’ll ever make.
by Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Financial Research
Updated November 10, 2008
If you hope to achieve your life goals, establishing and following a sound financial plan is one of the best and most important decisions you’ll ever make.
Cash Flow Planning for Life
by Rande Spiegelman
February 8, 2008
Managing your cash inflows and outflows wisely can pay off big time.
by Rande Spiegelman
February 8, 2008
Managing your cash inflows and outflows wisely can pay off big time.
Managing Your Mortgage
by Rande Spiegelman
January 23, 2008
A mortgage need not be viewed just as a liability think of it as a financial planning tool and part your net worth.
by Rande Spiegelman
January 23, 2008
A mortgage need not be viewed just as a liability think of it as a financial planning tool and part your net worth.
How to Find a Financial Advisor
by Rande Spiegelman, CPA, CFP, Vice President of Financial Planning, Schwab Center for Financial Research
July 9, 2007
If your finances are complex, it can be daunting to manage your portfolio, retirement planning, estate planning, insurance, investments and taxes. Financial advisors can help.
by Rande Spiegelman, CPA, CFP, Vice President of Financial Planning, Schwab Center for Financial Research
July 9, 2007
If your finances are complex, it can be daunting to manage your portfolio, retirement planning, estate planning, insurance, investments and taxes. Financial advisors can help.
Navigating a Job Change
by Rande Spiegelman, CPA, CFP, Vice President of Financial Planning, Schwab Center for Financial Research
July 5, 2007
Schwab's checklist for making smart financial decisions when changing jobs.
by Rande Spiegelman, CPA, CFP, Vice President of Financial Planning, Schwab Center for Financial Research
July 5, 2007
Schwab's checklist for making smart financial decisions when changing jobs.
The Parent Trap: College vs. Retirement
by Rande Spiegelman, CPA, CFP, Vice President of Financial Planning, Schwab Center for Financial Research
July 2, 2007
It's important to balance planning for retirement and your children's college education so you don't shortchange your future or your children's. Here are some ideas to help achieve both goals.
by Rande Spiegelman, CPA, CFP, Vice President of Financial Planning, Schwab Center for Financial Research
July 2, 2007
It's important to balance planning for retirement and your children's college education so you don't shortchange your future or your children's. Here are some ideas to help achieve both goals.
7 Ways to Simplify Your Financial Life
by Rande Spiegelman
June 18, 2007
Here’s how to get your finances under control and possibly save both time and money.
by Rande Spiegelman
June 18, 2007
Here’s how to get your finances under control and possibly save both time and money.
Disaster-Proof Your Finances
By Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Financial Research
May 22, 2007
As the last few years have tragically demonstrated, natural disasters can strike at any time, in any place. Hopefully, you have taken precautionary steps to survive. But have you also taken steps to survive financially?
By Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Financial Research
May 22, 2007
As the last few years have tragically demonstrated, natural disasters can strike at any time, in any place. Hopefully, you have taken precautionary steps to survive. But have you also taken steps to survive financially?
Losing a Loved One
by Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Financial Research
April 10, 2007
Your heart may be breaking, yet there are legal and financial details to address.
by Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Financial Research
April 10, 2007
Your heart may be breaking, yet there are legal and financial details to address.
Managing Your Finances When Changing Jobs
by Charles Schwab & Co., Inc.
January 26, 2007
Seven steps for a successful transition at any age.
by Charles Schwab & Co., Inc.
January 26, 2007
Seven steps for a successful transition at any age.
Keep More Gains With a Tax-Free Exchange
By Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Financial Research
September 7, 2006
The Internal Revenue Code provides a number of ways to defer the recognition of realized gains. Consider these five strategies to keep the tax collector at bay.
By Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Financial Research
September 7, 2006
The Internal Revenue Code provides a number of ways to defer the recognition of realized gains. Consider these five strategies to keep the tax collector at bay.
Transferring a Custodial Account to a 529 Plan: Can and Should You Transfer
by Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Investment Research®
August 17, 2006
Given the attractive tax advantages of 529 college savings plans, can you transfer your child’s UTMA/UGMA into a 529 plan? And should you?
by Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Investment Research®
August 17, 2006
Given the attractive tax advantages of 529 college savings plans, can you transfer your child’s UTMA/UGMA into a 529 plan? And should you?
How Much Are You Really Worth?
by Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Investment Research®
July 7, 2005
Learn how accounting for hidden costs like tax liabilities, real estate commissions and bid-ask spreads on illiquid assets can give you a truer picture of your personal net worth.
by Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Investment Research®
July 7, 2005
Learn how accounting for hidden costs like tax liabilities, real estate commissions and bid-ask spreads on illiquid assets can give you a truer picture of your personal net worth.
Protecting Your Assets
by Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Investment Research®
April 20, 2005
As your net worth increases, so might your level of concern about protecting your assets. A strategic asset protection plan can help.
by Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Investment Research®
April 20, 2005
As your net worth increases, so might your level of concern about protecting your assets. A strategic asset protection plan can help.
Is a Pledged Asset Mortgage Right for You?
by Rande Spiegelman
February 17, 2005
A pledged asset mortgage can help you gain the benefits of making a down payment when buying a home—without making a down payment.
by Rande Spiegelman
February 17, 2005
A pledged asset mortgage can help you gain the benefits of making a down payment when buying a home—without making a down payment.
5 Keys to Successful Investing
by Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Investment Research®
October 18, 2004
Our world has gone through some major transitions over the past few years. But when it comes to investing, some things never change.
by Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Investment Research®
October 18, 2004
Our world has gone through some major transitions over the past few years. But when it comes to investing, some things never change.
7 Principles of Charitable Giving
by Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Investment Research®
October 1, 2004
Maximize the impact of your charitable giving.
by Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Investment Research®
October 1, 2004
Maximize the impact of your charitable giving.
Estate Planning: Four Steps to Avoid Probate
by Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Financial Research
September 17, 2004
Estate planning is a topic the living love to avoid, but the cost of procrastination can be high for those you care about most.
by Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Financial Research
September 17, 2004
Estate planning is a topic the living love to avoid, but the cost of procrastination can be high for those you care about most.
Penny Wise, Pound Foolish - Paying for Advice
by Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Investment Research®
May 3, 2004
Whether you’re looking for an ongoing relationship, a little help getting started, or just a periodic check-up, good investment advice doesn’t come free. But how can you tell what’s reasonable?
by Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Investment Research®
May 3, 2004
Whether you’re looking for an ongoing relationship, a little help getting started, or just a periodic check-up, good investment advice doesn’t come free. But how can you tell what’s reasonable?
Getting Advice for Your Portfolio
by Bryan Olson, CFA, Vice President, Schwab Center for Investment Research®
April 22, 2004
Investors often get what they consider to be advice from multiple sources or through many different channels. How do you go about finding advice you can trust and what should you look for in that advice? Here are 10 elements to help you identify if you’re getting good advice.
by Bryan Olson, CFA, Vice President, Schwab Center for Investment Research®
April 22, 2004
Investors often get what they consider to be advice from multiple sources or through many different channels. How do you go about finding advice you can trust and what should you look for in that advice? Here are 10 elements to help you identify if you’re getting good advice.
Everyone Should Have an Estate Plan
by Rande Spiegelman, CPA, CFP, Vice President of Financial Planning, Schwab Center for Investment Research
April 21, 2004
You've worked hard to provide financial security for your loved ones. Doesn't it make sense to work just as hard to protect them in the event something should happen to you?
by Rande Spiegelman, CPA, CFP, Vice President of Financial Planning, Schwab Center for Investment Research
April 21, 2004
You've worked hard to provide financial security for your loved ones. Doesn't it make sense to work just as hard to protect them in the event something should happen to you?
Margin: How Does it Work?
by Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Investment Research®
April 19, 2004
In the same way a bank will lend you money if you have equity in your house, your broker can lend you money against the value of investments in your portfolio.
by Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Investment Research®
April 19, 2004
In the same way a bank will lend you money if you have equity in your house, your broker can lend you money against the value of investments in your portfolio.
How Not to Leave Money to Your Ex
by Rande Spiegelman, CPA, CFP, Vice President of Financial Planning, Schwab Center for Investment Research
April 19, 2004
It actually does happen. People die and inadvertently leave sizable portions of their estates to ex-wives or ex-husbands-or to people they haven’t seen for 30 years.
by Rande Spiegelman, CPA, CFP, Vice President of Financial Planning, Schwab Center for Investment Research
April 19, 2004
It actually does happen. People die and inadvertently leave sizable portions of their estates to ex-wives or ex-husbands-or to people they haven’t seen for 30 years.
A Living Trust Can Help You and Your Heirs
by Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Financial Research
March 24, 2004
A living trust can benefit you during your lifetime and, upon your death, help ensure that your assets go directly to the people you've designated.
by Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Financial Research
March 24, 2004
A living trust can benefit you during your lifetime and, upon your death, help ensure that your assets go directly to the people you've designated.
How Do You Define Income?
by Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Financial Research
March 22, 2004
It’s a common refrain at the end of most every tax-related article you might read: "Please consult with your tax advisor." But what if you don’t have one? Should you? How do you find a good one?
by Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Financial Research
March 22, 2004
It’s a common refrain at the end of most every tax-related article you might read: "Please consult with your tax advisor." But what if you don’t have one? Should you? How do you find a good one?
Stock Options and Taxes: What You Don't Know Can Cost You
by Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Financial Research
March 22, 2004
Understanding how stock options are taxed can help you maximize your potential return and minimize the tax bite.
by Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Financial Research
March 22, 2004
Understanding how stock options are taxed can help you maximize your potential return and minimize the tax bite.
Taking Your Lumps: Tax-Smart Ways to Receive a Lump Sum
by Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Investment Research®
December 10, 2003
Investing a modest lump sum is relatively straightforward, but if you receive a significant amount, being familiar with tax rules can help you decide what to do.
by Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Investment Research®
December 10, 2003
Investing a modest lump sum is relatively straightforward, but if you receive a significant amount, being familiar with tax rules can help you decide what to do.
What to Do if You Receive a REALLY BIG Windfall
by Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Financial Research
December 10, 2003
We’re not just talking lottery daydreams. A major cash windfall could come in the form of an inheritance, life insurance payout, legal settlement or the sale of a small business.
by Rande Spiegelman, CPA, CFP®, Vice President of Financial Planning, Schwab Center for Financial Research
December 10, 2003
We’re not just talking lottery daydreams. A major cash windfall could come in the form of an inheritance, life insurance payout, legal settlement or the sale of a small business.