Search

The article presents the advice given by certified financial planner Pierre Dunagan of the Dunagan Group to the Knox family, a blended family of six children ranging in age from 4 to 20 years old, headed by Marcel and his wife, Judith. Dunagan emphasizes the importance of preparing or saving for retirement. It details how the Knox family can step up the timetable for home purchase. Dunagan also stresses that the Knoxes should each purchase term life insurance for at least $500,000.

The article offers advice for married couples on committing to a retirement planning and investing program. It is important for couples to have mutual goals in investing. Financial advisers can provide professional and outside perspectives to married couples. To accomplish financial goals, couples should look for opportunities to use their money. INSET: To commit to a program of retirement planning and investing.

Deals with the financial planning strategies adopted by African American couple Rafael and Janice Richardson of Montgomery, Alabama. Recommendations from financial adviser Cheryl Creuzot; Benefits from application for grants and scholarships; Maintenance of cash reserves; Retirement goals.