Black Friday is sometimes the largest shopping holiday of the entire year. Millions of people typically shop in stores or online on Black Friday to score the top deals on must-have holiday gifts. While it may be easy to become overwhelmed by Black Friday deals, it is always [...]
In 2013, a Gallup poll found that only about one in every three U.S. households maintained a budget.1 A 2021 survey of 1,000 Americans found that 80% now say they have a budget.2 Americans are budgeting more due to the pandemic. Knowing where your money is going and making [...]
Although many Lockheed Martin employees have not been affected by the many layoffs due to the COVID-19 pandemic, friends, family and co-workers might have been. Another aerospace giant - Boeing laid almost 7,000 workers in late May. Feel free to pass this info along [...]
In March, Congress passed the CARES (Coronavirus Aid, Relief, and Economic Security) Act, putting $2 TRILLION to work to help our country and the small businesses affected by the Covid-19 pandemic. Curious on how the CARES Act might affect you? Although most Lockheed employees are continuing to work from [...]
How much income will you need in retirement? Nest eggs, retirement buckets, investment accounts - whatever you might call the lump sum of money you are saving to live off in retirement -will need to fund your retirement income for around 30+ years. But how do Lockheed pre-retirees determine [...]
"Save it for a rainy day." These words probably came from your grandmother when she handed you 50 cents for taking out the trash. Now "rainy days" are a lot more threatening then they were when you were 5. Granny was telling you to save some of that allowance [...]
Do I need life insurance? Do I need life insurance? This is another question I get asked when first sitting down with new Lockheed clients. Many times these are pre-retirees that have accumulated a decent amount of assets in their 401k and in their bank account. They are often [...]
Employee FAQs: Have I saved enough to retire? Have you saved enough in your Lockheed Martin 401k to retire? If you are getting close to retirement, than that's probably a question you've asked yourself a few times. So how do you know? Let's take a look. How much will [...]
"Should I use a robo-advisor for my Lockheed Martin retirement?" The term "robo-advisor" has become an investing buzz-word over the last several years. I thought I'd try to take a big picture look at what the term means and look at the positives and negatives of using a robo-platform for [...]
