Surprising Expenses You Don’t Expect When Planning for Retirement

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When it comes to planning for retirement, the process seems pretty simple: contribute to your IRA or 401(k), put extra savings aside each month, and reduce your spending as much as possible as you get closer to retirement. Once you are ready to retire, you should be able to rely on a combination of your investments, Social Security, your savings and Medicare to cover your needs.

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The Lay-a-way You Control – Our Christmas Club!

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Tis the holiday season and as we embrace the holiday spirit it’s very easy to get stressed out not only trying to find the perfect gift for everyone on your list, but also figuring out how to pay for it without blowing your budget to pieces! We’ve all heard of stores like Wal-Mart, Target, and Toys R Us who allow customers to use Lay-a-way system ( a method of purchasing by which the purchaser reserves an article with a down payment and claims it only after paying the full balance) at Litchfield Bancorp we have a Lay-A-Way for savings,  our Club Account or Christmas Club as we like to call it! Continue reading “The Lay-a-way You Control – Our Christmas Club!”