Comerica Financial Corner

A Dallas resident recently asked the following question as part of our "Ask Comerica" campaign:

"My husband is retiring next year. How should our investment strategy change as we make this transition?"

It is crucial to stay on top of your financial health and take extra steps to protect your personal information. Millions of Americans have their identities stolen each year. In fact, in recent years, identity theft has risen to be one of the most popular crimes committed against the average consumer in the United States.  

Green living is not only an ethical choice for the environment but it is a great way to save money. Relatively small changes to your home can dramatically increase long-term savings by shaving off dollars from your monthly electric, water and other utility bills.

"What's the difference between 401Ks and IRAs, and which retirement plan is right for me?

Both 401k and IRA savings plans can make long-term saving relatively painless; which one you choose depends primarily on your employer, but also on

"How can I start saving now for my child's college education?

Experts say that a child born today and entering a four-year public college or university in 2028 can expect to pay more than $220,000 for an education, which is roughly three times the current college cost.

In January, Comerica opened its new Preston Center Banking Center location. We're very proud to be a part of the neighborhood and look forward to a strong community partnership. Comerica has been in business for over 160 years and our client relationships have been a vital part of our success.

1.  Evaluate Your Deposit and Investment Portfolio

Schedule a "financial check up" with your banker to see if you are maximizing your returns, minimizing your service charges, discuss your financial goals and how to meet them.

What is the one thing that I can do to stay financially healthy this year?

Managing money isn't always easy, and unexpected expenses can often cause financial strain. But planning ahead by developing a budget that includes a savings strategy can make all the difference. Here are a few simple tips to get you started:

Fashion and Finance have more in common than first meets the eye. There are people who naturally balance their checkbooks and think nothing of living within budget. Some have the instinctive ability to be in style no matter how fashion trends buffet them. Others of us take classes, read books, seek out gurus, and sweat the details.

March 20th marks the official start of spring, and that means many of us will soon begin the process of spring cleaning. During spring cleaning this year, try not only organizing your home, but also getting your finances in order. Here are some tips to get started: