Financial Planning

Retirees Lose $3.4 Trillion By Claiming Social Security Too Early

By |2019-09-04T13:00:17-04:00September 4th, 2019|Financial Planning, Retirement|

For years now, there’s been lots of talk about what happens if you claim Social Security benefits before full retirement age (FRA) or even waiting until the maximum age of 70. Claiming early means you’ll receive less money, permanently, than if you waited. In spite of the warnings, only 4% of retirees wait until 70 [...]

Do You Have Your End Of Life Documents?

By |2019-08-28T15:24:40-04:00August 28th, 2019|Estate Planning, Financial Planning|

No matter your belief structure, or whether you’re reluctant to admit your own mortality, it’s a fact that none of us will live forever. And since no one knows if their demise will happen quickly or be proceeded by a lengthy illness, it’s good to be as prepared as possible for your care and for [...]

Are Your Finances Making You Sick?

By |2019-08-20T21:27:04-04:00August 20th, 2019|Financial Planning|

If you’re like a majority of Americans, dealing with your finances is stressing you out and wreaking havoc on your health. That’s the conclusion of a new report that asked people’s opinions about their money and their financial outlook. Of the 1000 people surveyed, about 60 percent said managing their money affected their mental health [...]

The Lump Sum Distribution Monster

By |2019-08-19T12:37:37-04:00August 19th, 2019|Financial Planning, Retirement|

It’s the end of an era, at least for Baby Boomers. Some have already retired; many more can see the finish line of their working years. For Boomers with highly appreciated company stock in their 401(k) a major decision is whether to do an IRA rollover, leave the money in the employer plan, or use [...]

SPECIAL REPORT: The Definitive Guide to Medicare

By |2019-08-16T13:39:18-04:00August 16th, 2019|Financial Planning, Retirement|

There’s a common misconception that Medicare is a simple, automatic process when you turn 65. Nothing could be further from the truth. The responsibility to enroll is on your shoulders, and if you miss deadlines or don’t enroll in just the right way, you can incur penalties that will consume chunks of your retirement income [...]

The Benefit of Working With a Fiduciary Adviser

By |2019-08-15T20:13:02-04:00August 15th, 2019|Financial Planning|

What is a Fiduciary? You may have heard the term in recent times due to the ongoing debate about whether stockbrokers should be held to such a standard. Since doing so would make it harder for them to sell you things that pay them high commissions, peddlers of Wall Street’s wares are, as one might [...]