Financial Focus Blog

What Is a Sinking Fund?

What is a Sinking Fund?

A sinking fund is a strategy for helping you set aside money for specific, large expenses. It helps soften the hardship of a large expense in the future. Simply put, a sinking fund is a fancy way of saving for something today that you anticipate having to spend significant money on tomorrow.

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Insurance Needs for Empty Nesters

Insurance Needs for Empty Nesters

Once the kids are out of the house (and it’s just you and your spouse), how do your insurance needs change now that you are empty nesters? Read below as we discuss the various policies and how your coverage may need to adjust. 

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