Imagining Our Future Selves and the difference between lifespan and healthspan. Can you imagine yourself in six years? How old will you be? How will you be doing? Financial advisors are used to helping clients focus on the future by talking about life expectancies and how long their money will last once retired. But looking […]
Please enjoy this 1-minute video (for those receiving this by email: please click on the blog title line above to view. Don’t feel bad if you find Medicare confusing the first time you become eligible and it is time to enroll during your Initial Enrollment period. Enrollment is confusing for everyone the first time (and […]
Please enjoy this 1-minute video (for those receiving this by email: please click on the blog title line above to view). Long Term Care is a complex topic with no right answer because it depends on your present health as well as your own family history. Self insuring is the common method people take and […]
Are you over age 70 ½? Do you have Required Minimum Distributions (RMDs) where you don’t need the money for everyday expenses? Do you have charitable interests? Recall many charitable contributions may be tax deductible. If not applicable to you, do you know someone these questions may apply? The first question asks age 70 ½ […]
1-minute video: How Can You Take Care of Your Spouse Just in Case Something Should Happen to You? Still working? About to retire? Retired? How might you replace lost income for the survivor? Money needed – a lump sum – may come from savings/investments set aside, life insurance, a standby reverse mortgage line of credit, or […]
1-minute video: What’s the Difference Between a Will and a Living Trust? Please enjoy this 1-minute video (for those receiving this by email: please click on the blog title line above to view). A deeper discussion about the topic of estate planning may also be found here rather than repeat it here. The linked article […]
Please enjoy this 1-minute video (for those receiving this by email: please click on the blog title line above to view). A Durable Power of Attorney, may be a separate document or prepared as part of a larger estate plan through a living trust. A general power of attorney is different than a durable one. […]
Please enjoy this 1-minute video (for those receiving this by email: please click on the blog title line above to view). The video discusses the fundamentals of goal setting. But where (what) is the goal post for retirement planning as a goal? There’s more to it than simply saying I’ll retire and income will come […]
Please enjoy this 1-minute video (for those receiving this by email: please click on the blog title line above to view). The video mentions Full Retirement Age as a reference to claiming Social Security benefits early, or late. Full Retirement Age depends on your birth year and is explained here. Here are other short articles […]
With inflation dominating the news, people may be developing more than a passing interest in how the Social Security cost-of-living adjustment (COLA) is figured for inflation’s effects on the loss of purchasing power of each dollar. Whether it’s a matter of simple curiosity or an effort to maximize benefits through strategic claiming, people should know […]
