September 2019 - Somerville Bank

Common Mistakes Made When Saving for Retirement

September 16, 2019

Millions of people in the US experience financial challenges every single day. Individuals entering their retirement years are doing so during a period considered the worst in economic downturn since the Great Depression. Baby boomers have observed up to 50% shrinkage in their retirement accounts, a real estate market that has been completely decimated, low […]

Fake Check Scams – Everything You Need to Know to Protect Yourself

September 1, 2019

You receive an unexpected, official-looking envelope in the mail. You cautiously open it and discover it includes a check – or, possibly even a money order – for a whopping $10,000. You are informed that you have won $2 million in a state lottery and that you may immediately claim your winnings. Prior to doing […]