It’s almost Halloween, so we wanted to talk about something that can sometimes be a little spooky… Medicare. Are you frightened yet? Hopefully not, but we know from our experience when our clients have to enroll in Medicare for the first time it can be an intimidating thing. Think about it, you have been on your employer’s insurance for years then one day yo
The upcoming general election is November 6th. People who identify passionately on either side of the political aisle consider this election to have tremendous impact. There are stories gaining traction of varied injustices occurring across the country. Politics can elicit strong emotional responses to differing opinions. News stories can describe registration
You may have read that women are far more likely to face poverty in retirement than their male counterparts—but you may not realize just how big the disparity is. In fact, women are 80% more likely to fall into poverty toward the end of their lives, compared to men, according to a 2016 study by the National Institute on Retirement Security.
There is no shortage of opinions on the financial future of Generation Y, or millennials. On the one hand, you’ll hear that our future is doomed at worst and bleak at best, due to some factors within our control and some without. On the other hand, you’ll hear that it’s really not so bad, that we are more innovative and educated than any generation that came before us.
Investing in a tax-deferred retirement account is a great way to save for retirement because deferring taxes can provide a big boost to the amount you’re able to save during your working years. Many people save significantly more than they could otherwise by using these accounts, but they don’t come without “strings” forever. Just in case you aren’t fam
Many seniors who are looking for ways to improve their finances in retirement want to learn more about reverse mortgages. These are not a typical part of our clients’ financial plans; however, we were asked about these recently by a young client who was concerned about her grandparents, whose assets had dwindled down to a primary residence.
I’m sure we’ve all given in to the urge to splurge at some point, and most of us have probably suffered the consequences later when our credit card statement arrives. Overspending can derail our monthly budget and put us on the fast-track to being in debt. However, psychologists say there are effective ways to fight this urge.