Blog
Identity Theft Awareness Week
January 29 to February 2, 2024, is Identity Theft Awareness Week. Anytime is a good time to tighten up your identity security, but if you haven’t been as careful as you intended, consider this your annual reminder. Here are a...
Read MoreHappy New Year - 2023 into 2024
It is almost time to ring in the New Year! As December makes way for January, you may be excited thinking about new possibilities. Perhaps you want to take a moment to "refresh and reset" or make a resolution or two. Or perhaps you...
Read MoreIRS Releases 2024 Tax Brackets, Retirement Contribution Limits
The Internal Revenue Service recently released updated income tax brackets, standard deduction, and retirement contribution limits for the 2024 tax year. While these taxes are not due for some time, it may benefit you to start...
Read MoreWishing you a Joyous Kwanzaa!
Learning, family, and celebration. Kwanzaa is here and that means it's time to connect with your loved ones and community, and to celebrate your African and African American culture. May all the Kwanzaa blessings be shared around your...
Read MoreMerry Christmas
I would like to wish you and your loved ones a very Merry Christmas! May the tangible and intangible gifts of the season warm your heart, and may your family and friends make the celebration exceptionally warm and bright. I have...
Read MoreShow All
Happy Holidays!
Just wanted to take a moment to wish you a safe, happy, and beautiful Holiday season. May your celebrations include those you love, good times, and great memories.
Read MoreWhy Are Investors So Fearful?
If you're a fan of Warren Buffett, you'll recognize this quote: "Be fearful when others are greedy and greedy when others are fearful." In recent weeks, the investing outlook has become a bit murky, which has led some people to let...
Read MoreHappy Solstice!
If the days are feeling warmer and longer, that's because we're approaching the Summer Solstice, the longest day and shortest night of the year, and known as Midsummer in many cultures. The length of the day changes depending on where...
Read MoreDiscussing Finances Over the Holidays
The holiday season is upon us; from story time with sorely missed grandchildren to laughter with friends and family over long-cherished memories, there's little doubt that "the most wonderful time of the year" has arrived. For my...
Read MoreSocial Security Announces 2024 COLA
The Social Security Administration has announced a 3.2% Cost of Living Adjustment (COLA) for 2024. This adjustment means the average Social Security retiree beneficiary will see their monthly check increase by about $57 to $1,849,...
Read MoreHappy Year of the Horse
Happy Year of the Horse! It's time to paint the night sky in celebration. The Horse, known to be animated and active, helps us remember to be thankful for the energy to pursue one’s dreams. May the coming year be filled with...
Read MoreIt's FAFSA Time
It’s FAFSA time! As your student prepares for college, they can now fill out a Free Application for Federal Student Aid, or FAFSA, for the upcoming school year. Even if your student won’t require help from the government,...
Read MoreRemembering Pearl Harbor
In Hawaii, amid the verdant natural beauty and warm, welcoming waters, there stands a monument. The Pearl Harbor National Memorial marks the destruction of the USS Arizona, the final resting place of 1,102 soldiers who lost their...
Read MoreHappy Hanukkah
The festival of lights is fast approaching! As we celebrate the miracle of the oil and the miraculous victory that sustained Judaism in a bleak time and led to Jewish independence, we can think about the hope and optimism that carries...
Read MoreSocial Security COLA and Medicare Part B Premiums
The Social Security Administration recently announced that over 71 million Americans, including Social Security and Supplemental Security Income beneficiaries, will receive a 3.2% increase in their benefits for 2024.1 However, it is...
Read MoreProspects: Women Business Owners And Retirement 4
For most women business owners, their companies are not just their jobs but integral parts of their identities. The thought of retiring, selling the business, or passing the torch to the next generation can be overwhelming and...
Read MoreProspects: Women Business Owners And Retirement 3
I wanted to address a crucial topic that often goes unmentioned but can have a significant impact on women business owners like yourself—protecting your business from unexpected life events. As a woman business owner, you...
Read MoreAre you Social Security savvy?
How much do you know about Social Security? Given how layered the topic can be, it’s wise to educate yourself as much as you can about your options. We have a number of resources on our website that can help you take a bite out...
Read MoreWeekly Market Insights: Stocks Rise as Bond Yields Fall
A Friday rally turned an otherwise mixed week for stocks into a solid performance. The Dow Jones Industrial Average picked up 2.42%, while the Standard & Poor’s 500 gained 0.77%. The Nasdaq Composite index rose 0.38% for the...
Read MoreProspects: Women Business Owners And Retirement 2
As a financial professional specializing in assisting women business owners like yourself, I understand the importance of building and protecting personal wealth, particularly when it comes to retirement. One common misconception I...
Read MorePro tip: apply for Medicare early.
If you’re like most of us, you’ve probably been thinking about your health quite a bit lately — especially if you’re approaching retirement. Trust me, I understand. Anticipating your future medical costs can...
Read MoreProspects: Women Business Owners And Retirement 1
My name is Greg, and I specialize in assisting successful women like yourself who are running their own businesses. I understand the unique challenges and responsibilities that come with being a business owner. As a business...
Read MoreHelp with your Medicare Advantage plan
I’d like to tell you about a new value-added service I offer ... one that may prove useful to you, and your family and friends. *Are you looking to enroll in a Medicare Advantage or supplement plan during this year’s...
Read MoreIt’s open enrollment season
It’s that time of year again, when many company-provided insurance policies allow open enrollment. We’d like to piggy-back on that concept by offering you an open enrollment of another kind. If you give us a call or reply...
Read MoreDo You Want to Be a Medicare Mogul?
No matter what your age, you probably have big plans for the future. Luckily, worrying about health care doesn’t have to get in the way of those plans. U.S. citizens aged 65 or older are eligible for Medicare Part A and Part B....
Read MoreNew Retirement Contribution Limits for 2024
The Internal Revenue Service has released new limits for the coming year. After months of high inflation and financial uncertainty, some of these cost-of-living-based adjustments have reached near-record levels. Individual Retirement...
Read MoreCheers to Your Special Birthday and Unlocking the Full Benefits of Social Security!
Hip, hip, hooray! It's time to celebrate you and the incredible milestone you've reached on your journey! 🎉🥳 As you blow out the candles, let's also raise a toast to an exciting financial turning point. Between the...
Read MoreTime to Fall Back
The leaves are falling, the weather is getting colder, and the sun is setting earlier. Sure enough, Daylight Saving Time is about to end for the year. I just thought I would remind you. DST ends this year at exactly 2:00 am on the...
Read MoreHonoring Veterans Day
On November 11, we honor the bravery and sacrifice of those who have served America in the armed forces. It is also a time to appreciate the commitment of our active military personnel and their dedicated families. Let us honor their...
Read MoreMedicare Open Enrollment Ends December 7
Medicare Open Enrollment is coming to a close, so if you are considering making a change to your plan, it's time to take action. Changes you make during 2023 open enrollment go into effect on January 1, 2024. Here are a few factors...
Read MoreCollege Saving/FAFSA-1
One of the greatest parts of my job as a financial professional is working with families, helping them pursue their goals. Among the most important of those family goals is saving for college. You've probably heard about a few of...
Read MoreHonoring Native American Heritage Month
This November we celebrate and honor Native American Heritage Month. First authored by Jerry C. Elliot-High Eagle in 1976, the event was announced by President Ronald Reagan in 1986, then expanded from a week to the full month of...
Read MoreCongratulations on your child reaching the Age of Majority
Congratulations on your child reaching the Age of Majority. As they are becoming fully emancipated adults, at least in the eyes of the law, I wanted to make you aware of some best practices to keep everyone safe. What are key...
Read MoreHappy Halloween!
October is coming to an end, and that means Halloween will be here before you know it. Are you ready for the holiday? If you have kids, no doubt they are! All Hallows Eve is celebrated in many ways today; they are all enjoyable. So,...
Read MoreWill Middle East Tensions Push Rates Higher?
The Fed’s ongoing pledge of “higher interest rates for longer” has rattled financial markets and raised the cost of everything from mortgages to credit cards. Now adding to tensions are the recent events in the...
Read MoreCongress Set for a Busy January
The Senate and the House have returned to work but are unlikely to get much done before the Christmas break— which means January is going to be busy. To recap, Congress passed a short-term budget package before the Thanksgiving...
Read MoreConsumers Expect Better Days Ahead
Many consider the University of Michigan the gold standard for reporting on consumer sentiment and trends. Among its 50 monthly reports, the most well-known is the "UMich Consumer Sentiment" survey, which measures consumer confidence....
Read MoreStock Market Volatility
Interest rates. Inflation Fears. Political Events. International Developments. During the past year, every one of these events have influenced stock prices. So when you hear that the financial markets are reacting to the news once...
Read MoreGuiding the Boomerang Generation
I've seen the "Boomerang Generation" in more than a few headlines lately. These young adults return, or "boomerang," to their parents' homes as they attempt to navigate the property market. The key culprit is mortgage rates nearing...
Read MoreConsiderations During Medicare’s Open Enrollment
How long has it been since you’ve reviewed your Medicare policy? With open enrollment fast approaching, there are a few questions you may want to ask yourself before you renew, add, drop, or switch coverage. Have you switched...
Read MoreCelebrate Filipino American History Month
This October it’s time to celebrate Filipino American History Month. Filipino Americans have a long and rich history in America, with the first “Luzones Indios” setting foot in Morro Bay, California on October 18,...
Read MoreCelebrating Indigenous Peoples' Day
Locally, the second Monday of October has a new meaning. What was Columbus Day is now a new holiday: Indigenous Peoples’ Day. Indigenous Peoples’ Day seeks to recognize and affirm the Native cultures in America, and their...
Read MoreCelebrating Impactful Asian Americans Throughout History
May is Asian American and Pacific Islander Heritage Month. America owes much to Asian American and Pacific Islander citizens. This year, we would like to recognize the leaders, artists, scientists, and athletes of Asian American and...
Read MoreReady for Medicare Open Enrollment?
Medicare’s annual open enrollment period begins October 15 and ends December 7. During this time, current Medicare beneficiaries have the option to adjust their coverage for the coming year. Any changes to your plan will go into...
Read MoreConsiderations During Medicare’s Open Enrollment
How long has it been since you’ve reviewed your Medicare policy? With open enrollment fast approaching, there are a few questions you may want to ask yourself before you renew, add, drop, or switch coverage. Have you switched...
Read MoreOctober Is Breast Cancer Awareness Month
October brings to mind the beauty of the leaves changing colors and a time to enjoy the colder weather. But October also holds another meaning for millions of people: it’s Breast Cancer Awareness Month. Based on the numbers,...
Read MoreYour Quarterly Medicare Newsletter
The year is winding down, and you’re likely dealing with all that entails, including making health decisions and pondering the new year ahead. Have you had your annual wellness check for 2023? If not, you may want to schedule it...
Read MoreOctober Is National Cybersecurity Awareness Month-3
Cybersecurity is a practice that allows you to protect networks, devices, and data from unauthorized access or criminal use, as well as ensure that your private information remains confidential, retains integrity, and isn’t...
Read MoreFOR PROSPECTS: October Is U.S. Financial Planning Month 4
As Financial Planning Month continues through October, I wanted to emphasize the importance of retirement preparation and the steps we can take toward a comfortable and fulfilling future. Retirement is a significant milestone...
Read MoreFOR PROSPECTS: October Is U.S. Financial Planning Month 5
As Financial Planning Month draws to a close, now is a great time to think about investment strategies. The market is constantly changing, and many of us may also find our goals, time horizon, and risk tolerance changing. Are you...
Read MoreFOR PROSPECTS: October Is U.S. Financial Planning Month 3
Financial Planning Month isn’t just about saving and investment; it is also about risk management and the role insurance can plan in your family’s future. Life is full of uncertainties, and having a thoughtful insurance...
Read MoreOctober Is National Cybersecurity Awareness Month-2
Delaying a software update on your computer or phone seems innocuous, but keeping up with the latest version is a cybersecurity best practice. You may always click “Update Later” on those annoying software update...
Read MoreCongratulations on the new move!
America is a country on the move. Each year, around 10% of the US population changes homes. And of those, while 85% stay in state, 15% move to a new state (according to the US Census Bureau). As moving across state lines might be on...
Read MoreFOR PROSPECTS: October Is U.S. Financial Planning Month 2
Since this is Financial Planning Month, I wanted to bring up a crucial aspect of your financial well-being—the importance of having an emergency fund. Having an emergency fund is one of the foundations of financial success....
Read MoreStaying Upbeat in a Down Market
Investors know that the stock market moves in cycles, but few are comfortable when the cycle takes stock prices lower. And since late August, the cycle has been decidedly lower. If you’re looking for reasons to worry, you...
Read MoreFOR PROSPECTS: October Is U.S. Financial Planning Month 1
As we enter the month of October, I wanted to take a moment to inform you about an important event in the world of personal finance—U.S. Financial Planning Month. This annual observance emphasizes the importance of creating a...
Read MoreG'mar Chatimah Tovah
That most holy day, Yom Kippur, will arrive soon. The prayer and togetherness of this day will again touch us deeply; its solemnity, awe, and hope will inspire our prayers for happiness, health, safety, and prosperity in the coming...
Read MoreCyber Safety Tip: Update
We’ve all been there. You’re scrolling through your phone, computer, or tablet, and a notification pops up. “Update Me!” While that isn’t the exact wording, the meaning is the same. Something wants to be...
Read MoreHappy Equinox!
The Autumnal Equinox approaching on September 22 is a day with 12 hours of sunlight and 12 hours of darkness. This balance of day and night serves as a reminder of the change of seasons, and heralds the coming of fall colors and...
Read MoreCongratulations on getting married!
Congratulations on getting married! As you prepare for this next exciting chapter in your life, I want to make sure that you consider talking very openly with your partner about finances. Please find below a few initial nudges others...
Read MoreL'shanah tovah
The Jewish New Year begins with Rosh Hashanah. As always, the High Holidays offer a chance to ask forgiveness, to give to others, to improve oneself, and to renew one’s faith. May the High Holidays be a time of happiness and...
Read MoreMarket Volatility 3
One of the most stressful aspects of investing can be the emotional load we experience during volatile times. Research has shown that the most successful long-term investors remain patient during market swings.1 In the meantime, I...
Read MoreMarket Volatility 1
Hi {Firstname}, It’s natural to feel a little anxious these days, considering some of the news headlines. Even the most experienced financial professional can sympathize with these feelings. But what matters most is what you do...
Read MoreMarket Volatility 2
Current events have caused many investors to follow the news more closely than ever before. Believe me, I understand how worrying these snapshots of the news can be. However, it’s important to remember that we created your...
Read MoreGrandparents Day
This affirmation of grandparents – the role they play, the guidance they give – started with the idea of Marian Lucille Herndon McQuade, a West Virginia advocate for seniors. (She had 43 grandchildren of her own.) She...
Read MoreTo Newly Eligible Medicare Participants
In the next few months, you will be newly eligible for Medicare. That means considering your coverage options. Should you sign up for traditional Medicare? If you do, should you complement it with a Medigap policy? Or should you opt...
Read MoreYour Quarterly Medicare Newsletter
Are you already planning for the end of the year? Where did the time go? In this edition, we’ll be looking into navigating Medicare for the first time, particularly if you are under the age of 65. Don’t forget Medicare...
Read MoreHappy Labor Day!
The first Labor Day was celebrated over 100 years ago, created by the labor movement as a day to honor the achievements and contributions (both social and economic) of American workers. I’ve always found the way we celebrate to...
Read MoreHappy Labor Day
A holiday with a nice long weekend attached is coming up – Labor Day. This weekend represents the unofficial end of summer as well as a chance to relax, get away, get your mind off work, and enjoy the comforts of home or a great...
Read MoreOctober Is National Cybersecurity Awareness Month
Sometimes, the simplest thing can be the difference between good cybersecurity and a terrible mistake. A strong password is a good example. Creating a strong password is one of the best things you can do to protect your online...
Read MoreDesignating Beneficiaries for Retirement Accounts, Part II
Introduction A beneficiary designation form is a simple and accessible tool that allows donors to make testamentary charitable gifts and streamline the administration of their estates. A beneficiary designation is a way to transfer an...
Read MoreHow Every Woman Can Protect Her Financial Future And Why She Needs To
We marry later, live longer than men, and spend way more on health care. That’s just the beginning. THE HOTTEST QUESTION in financial management right now isn’t about rates of return or the next hot stock. It’s about...
Read MoreMedicare Open Enrollment Ends December 7
Medicare Open Enrollment is coming to a close, so if you are considering making a change to your plan, it's time to take action. Changes you make during 2023 open enrollment go into effect on January 1, 2024. Here are a few factors...
Read MoreDesignating Beneficiaries for Retirement Accounts, Part I
Introduction A beneficiary designation form is a simple and accessible tool that allows donors to make testamentary charitable gifts and streamline the administration of their estates. A beneficiary designation is a way to transfer an...
Read MoreWhat to know about Catch-up Contributions at age 50
Your 50th birthday is a big one! Please consider a move that other savvy investors like you are making at this time: Retirement Account Catch-Up Contributions. What are Catch-Up Contributions? When U.S. taxpayers reach the age of 50,...
Read MoreCheck Your Withholding This Fall
How much are you withholding per paycheck?Is the amount too little? (Or too much?) Find out the answer before the year ends. You may not want to discover next year that your withholding amount for this year was too small. The IRS...
Read MoreSeptember Is National Life Insurance Awareness Month
It’s time for your life insurance checkup. September is National Life Insurance Awareness Month, so it’s a great time to review your coverage.1 If you don’t have any life insurance, you’re not alone. Life...
Read MoreFinancial Milestone Age 55: HSA Catch-Up Contributions
I hope this email finds you in good health and high spirits. As you approach the significant milestone of turning 55, I wanted to bring your attention to a valuable opportunity that can help boost your financial well-being–the...
Read MoreYour Quarterly Medicare Newsletter
Are you already planning for the end of the year? Where did the time go? In this edition, we’ll be looking into navigating Medicare for the first time, particularly if you are under the age of 65. Don’t forget Medicare...
Read MoreAugust Is Make a Will Month
August is Make a Will Month, a time dedicated to strategizing for the future. You may have seen in the news that Aretha Franklin's loved ones are still caught in a legal battle due to the existence of multiple wills. The lesson from...
Read MoreDeciding when to take social security benefits
As of age 62 you may be eligible to claim Social Security benefits. When to begin taking Social Security benefits requires careful consideration and planning, and it is prudent to begin that process early. Below is a quick overview of...
Read MoreThe Cycle of Investing
When markets fall, it’s easy to forget that downtrends are part of the investing cycle. So when prices slip, it's a good time to review some common terms that you may be hearing that describe today’s financial markets. The...
Read MoreHappy Parents’ Day!
The fourth Sunday in July is Parents’ Day in the United States, created by an act of Congress in 1994. While it may receive less attention than the well-known Mother’s Day and Father’s Day, Parents’ Day...
Read MoreFinancial Milestone Age 50: Catch-Up Contributions
A little birdie told me it's your birthday, and that it's a big one. I hope you're taking the time to celebrate with your family and friends, and to reflect on how far you've come. You deserve it, and here's wishing you a very happy...
Read MoreCollege Saving/FAFSA-2
As college approaches for the students in your family, it’s possible that the gap between your savings and the bottom line might be further than you’d like. You might be faced with a choice: taking measures to increase...
Read More5 Financial Tips For Every Military Family
Military members and their families face one-of-a-kind challenges, such as deployment to conflict zones, overseas assignments, and the constancy of change, all of which make dedicating time to personal finance a challenge. Luckily,...
Read MoreYou’ve Been Saving. Now What?
You’ve worked long and hard to nurture your retirement accounts. But when is the right time to start benefiting from your hard-earned savings? Because IRAs and 401(k)s offer tax benefits, the IRS permits you to leave your money...
Read MoreWhen Should You Benefit?
Social Security plays an important role in your retirement strategy. But, don’t forget, the amount you’ll receive depends on the age at which you file. You can start claiming benefits as early as 62, but for each...
Read MoreEstate Planning Awareness Month 4
A power of attorney is a legal document that authorizes someone you trust to handle your financial and legal matters if you become incapacitated. By designating a trusted individual as your agent, you ensure that your affairs are...
Read MoreEstate Planning Awareness Month 3
Have you considered what will happen to your assets and loved ones when you're gone? It can be an overwhelming topic, but with some help and knowledge, you can rest easy knowing you may fulfill your final wishes. Estate preparation...
Read MoreEstate Planning Awareness Month 1
Welcome back to our estate preparation series. Today, we'll delve into the crucial role of a will in your overall estate strategy. A will is a legal document that allows you to express your wishes regarding the distribution of your...
Read MoreEstate Planning Awareness Month 2
As we continue our estate preparation series, we'll focus on two essential aspects: trusts and beneficiary designations. Trusts are powerful tools that allow you to transfer assets to a separate legal entity managed by a trustee to...
Read MoreWhy Open a 403(b)?
Q: Why should you start a 403(b)? A: It can become one of your best retirement savings vehicles. A 403(b) is a great option for building retirement savings. You can defer a bit of your salary into the account each month, without...
Read MoreHappy Father's Day
Father’s Day is coming up, a day when we celebrate perhaps the greatest work men do. Teaching your children, instilling the lessons that will shape their character and their lives. Is there any work more important? Interestingly...
Read MoreCelebrating Juneteenth
Juneteenth is a celebration of freedom, marking the day when slavery came to an end in the United States. The observance of this holiday, formally recognized by the state of Texas in 1980, has continued to spread to the rest of the...
Read MoreHas Your Student Filled Out the FAFSA?
As you’re getting your student ready for college, there’s probably a lot on your mind. However, there’s one deadline you cannot afford to miss. In some states, deadlines may be even sooner, so plan ahead if you can....
Read MoreCollege Saving/FAFSA-3
Getting ready for higher education involves many steps, but one thing everyone has to cope with is the unexpected. While you can stay on top of everything happening with college financing issues, you can’t always rely on the...
Read MoreHappy Independence Day
Happy 4th of July! Whether you’re celebrating with a cookout, a family gathering, or watching the fireworks with friends, Independence Day reminds us how lucky we all are to belong to this great nation. Enjoy the long weekend...
Read MoreThis Memorial Day...
Memorial Day is so much more than a long weekend. It is a chance for us to remember those who gave all for this great nation and the freedoms it offers. This Memorial Day, we pay tribute to the lives and legacies of those...
Read MoreWhat's Your Risk Number?
Everyone has a Risk Number whether they know it or not. Your tolerance for market volatility is unique. We use a risk assessment built upon a Nobel Prize-winning framework, and you can do it yourself in just a few minutes. It’s...
Read MoreKeeping it in Perspective
It’s easy to get excited reading the news. With all of the storm and stress of the last few years, it’s only natural to react to each ping of our phone’s news apps with a deep sigh and a cynical “what...
Read MoreLGBTQ+ Retirement And Estate Considerations-4
No one wants to think about what happens when you’re no longer here. But estate strategies can be even more complicated if you’re a member of the LGBTQ+ community, especially if you’re unmarried. While the 2015...
Read MoreHappy Mother's Day
A special day for moms everywhere arrives in May. Celebrate the moms you know in any way you can. Let them know that you appreciate the wonderful and invaluable roles that they play. This is just a little note to encourage you to take...
Read MoreCelebrate Your 62nd Birthday and Unlock Social Security Benefits
Happy birthday to you! 🎉🥳 Today, we're not only celebrating another year of your amazing journey but also celebrating an exciting milestone in your financial life. At the age of 62, you become eligible to start drawing...
Read MoreLGBTQ+ Retirement And Estate Considerations 2
If you were pressed, how would you rate your financial knowledge? Are you the type of person who reads the financial news and literature regularly, or would you consider yourself someone who would rather not deal with the money side...
Read MoreLGBTQ+ Retirement And Estate Considerations-3
As a married or partnered couple of the LGBTQ+ community, when is the last time that you reviewed your financial documents? For some, it’s easy to forget about things like vehicle titles and updating your beneficiaries in the...
Read MoreLGBTQ+ Retirement And Estate Considerations -1
As a member of the LGBTQ+ community, there may be specific financial considerations to keep in mind as you prepare for the future. What comes to mind when you think about your retirement? Does it involve living close to your children...
Read MoreComics, Collectibles, and Coping with Calamity
Rare collectibles can provide an entertaining form of alternative “investment,” and might seem particularly intriguing when markets are wobblier than Aunt Gertrude’s jello salad. Comic books can sell for millions of...
Read MoreAll Eyes on Q3 GDP
A lot of number crunching needs to happen before the advanced estimate for Q3 Gross Domestic Product (GDP) is released. The Atlanta Fed expects Q3 GDP to check in at over 5 percent. Meanwhile, blue-chip economists are forecasting...
Read MoreLife Insurance at an Early Age
Perhaps you’ve heard the maxim, “Preparation is the key to success.” But when it comes to life insurance, knowing when to prepare is almost more important than the preparation, itself. Sure, it can be difficult to...
Read MoreCelebrating Earth Day
April 22 is Earth Day; a day about awareness and appreciation of our planet, its resources, and its environment. In its early years, Earth Day was little celebrated and little noticed. Now, it is a worldwide event; a reminder to look...
Read MoreHappy Easter
The Easter holiday is upon us. Springtime is blooming, and the world is waking up from the colder months. It’s a time of celebration and renewal. In the spirit of this renewal, I just wanted to wish you and yours a Happy Easter.
Read MoreFinancial Literacy Month - Asset Protection
So you've prepared for your goals and you believe you are on track for your financial goals. That's wonderful. What now? April is Financial Literacy Month. If you haven't put some thought into Asset Protection Strategy,...
Read MoreCelebrating Small Businesses
Small businesses are the backbone of the American and global economies. In fact, over 99% of American firms are small businesses, and there are currently around 400 million small businesses worldwide.1 March 29 is a day that we...
Read MoreCelebrating Women We Admire
As Women's History Month comes to an end, we'd like to introduce you to a remarkable woman whose name you may not know – Betty Dukes. Dukes' story shows that we all have the power to change the world, even if it's one...
Read MoreRamadan Kareem
Ramadan is near. The month of spiritual reflection and renewal, in which the narrow path is taken, the simple beauty of life is seen anew, and the true priorities of life are affirmed. I wish you and your loved ones a blessed and...
Read MoreThinking About Retirement Prospecting-1
Thinking about retirement can be scary. When should you start? Have you saved enough? What do you want your retirement to look like? It can be a lot to consider all at once. Sometimes, the best thing you can do is boil it down to a...
Read MoreThinking About Retirement Prospecting-2
When I first start to work with a new client, they often tell me they would love to retire with “enough,” but fear they started saving too late. Here’s the truth: It’s never too late to lay the groundwork for...
Read MoreFirst Day of Spring
Spring is here! And soon the landscape will turn greener and the weather warmer. Perhaps you are already thinking about what you would like to do – the trips you could take, that new look for your yard or your garden, a day at...
Read MoreHappy Spring Greeting
Spring is here! So says the calendar, and soon the landscape will turn greener and the weather warmer. Perhaps you are already thinking about what you would like to do – the trips you could take, that new look for your yard or...
Read MoreSt. Patrick’s Day
St. Patrick’s Day is fast approaching! On March 17, the annual celebration of Irish culture begins with parades, festive music, and fun from coast to coast. Celtic music, Irish pastries, corned beef and cabbage, the camaraderie,...
Read MoreHappy International Women's Day
In 1920, women earned the right to vote. In 1974, single and divorcedwomen were finally able to get a credit card without needing a male cosigner. We’ve come a long way, and this year we are celebrating International...
Read MoreCelebrating Women We Admire-3
This week we wanted to highlight Billie Jean King, one of the most influential figures in the world of sports and beyond. King's achievements on the tennis courts are legendary. She was the world's top women's player five times...
Read MoreCelebrating Women We Admire
As you may know, March is Women's History Month and a chance for us all to celebrate the trailblazing women who have contributed to our history, culture, and society. Interestingly, the month-long celebration grew out of an event...
Read MoreCelebrating Women We Admire-2
This week we chose to highlight Sara Blakely - the woman Forbes named the world's youngest self-made female billionaire. We just learned that Blakely sold fax machines door-to-door before launching the Spanx apparel company...
Read MoreThinking About Retirement Prospecting-4
By now, you know I’m passionate about helping my clients pursue their retirement goals. It’s what inspires me daily, and it’s how I have found a deep satisfaction in what I do. What inspires you? For many of my...
Read MoreThinking About Retirement Prospecting-3
Close your eyes and picture your perfect retirement. What do you see? For some of my clients, this image is crystal clear. For others, we have a strategy in place while they decide on their retirement goals. Whether you know what...
Read MoreHappy Presidents Day
Presidents Day is upon us. It's time to celebrate Washington's birthday and celebrate the founding of our nation. Washington said, "Perseverance and spirit have done wonders in all ages." This Presidents Day, I hope you take a moment...
Read MoreSECURE Act 2.0: An Overview
In the final days of 2022, Congress passed a new set of retirement rules designed to make it easier to contribute to retirement plans and access those funds earmarked for retirement. The law is called SECURE 2.0, and it's a follow-up...
Read MoreValentine’s Day
This Valentine’s Day, take time out of your day-to-day routine and spend time with your significant other. Rekindle the flames of romance — and fall in love all over again. Whether you enjoy a delicious meal together...
Read MoreApril Is Financial Literacy Month
April marks the start of Financial Literacy Month, a nationally recognized movement to promote and support financial understanding in children and teens. For many, it's a fantastic opportunity to teach and connect with their children...
Read MoreFinancial Literacy Month - Recovering from Financial Hardship
If your finances are not where you would like them to be, what can you do about it? April is Financial Literacy Month. This is a great time to start picking up the pieces and learn how to rebuild with confidence. After all, a little...
Read MoreCelebrating Black History Month
Every February, Americans celebrate Black History Month. This year, we invite you to join us in remembering the accomplishments of Black citizens, past and present, which are an integral part of American history. Whether it’s...
Read MoreFinancial Literacy Month - Financial Literacy for Children
Many young adults are not only wayward financially, but also pessimistic about ever becoming wealthy. Could it be that our children just aren't getting the financial education they need? April is Financial Literacy Month. This...
Read MoreHappy Year of the Dog
The Lunar New Year begins soon! I wish you and those you love happiness, luck, and good fortune in the Year of the Dog. I look forward to working with you further and playing a role with the potential to contribute to your prosperity....
Read MoreJoyful Diwali
I want to take a moment to wish you a Happy Diwali. As you celebrate the triumph of light over darkness this fall, I hope you and your loved ones delight in abundant joy and good fortune. May the divine light of Diwali spread into...
Read MoreHappy Year of the Dragon
The Year of the Dragon is approaching, and soon it will be time to celebrate its arrival in style – with family time, festivities, great food, and a chance to bring in the new. I wish you the very best for the New Year! May your...
Read MoreSolo 401(K)-2
How do you put money aside for retirement when you’re self-employed?One approach to consider is a Roth Solo 401(k). It may allow you to create tax-free retirement income.You’re thinking about the future, and you realize...
Read MoreFinancial Literacy Month - Defining SMART Financial Goals
Are your financial goals well-defined? While "I want to have lots of money" may sound like a great goal, it's just too vague. How much is "lots?" If you don’t know … how will you know when you have it? And will the...
Read MoreSolo 401(K)-1
That’s right, you can have your own 401(k) plan – even if your business consists of just you, or you and your spouse. An Individual 401(k) plan, sometimes referred to SBO 401(k), offers you opportunities you may not find...
Read MoreTime to Spring Forward
The days are about to get longer. Daylight Saving Time will begin on the second Sunday of March at 2:00am. At that moment, clocks will “spring forward” by one hour in most of the nation. So, be sure to reset your clock on...
Read MoreFinancial Literacy Month - Budgeting Today for Wealth Tomorrow
Spend today, save tomorrow? Okay, we've all been there. But if it seems you're always living paycheck-to-paycheck and never able to save anything for the future, then it may be time to make a change . April is Financial Literacy Month...
Read MoreThis MLK day, keep the dream alive
This month, America honors the legacy of Dr. Martin Luther King, Jr. As we look around today, we see manifestations of that legacy in the form of stronger, more diverse communities, in the continued fight for equality, and in the...
Read MoreFinancial Literacy Month - Asset Protection
So you've prepared for your goals and you believe you are on track for your financial goals. That's wonderful. What now? April is Financial Literacy Month. If you haven't put some thought into Asset Protection Strategy,...
Read MoreHow to Support Black-Owned Businesses
Every February, Americans celebrate Black History Month. In addition to honoring the accomplishments of Black Americans past and present, many clients often ask if they can do more. The answer is yes! By supporting Black-owned...
Read MoreJanuary Is International Wealth Mentality Month
January is International Wealth Mentality Month, a time to remind people to make arrangements for their financial strategy. For me, it’s time for me to connect with new clients and discuss their financial situation and...
Read MoreCelebrate Your 73rd Birthday and Embrace Your Required Minimum Distributions
Happy birthday to you! 🎉🥳 Today, as we celebrate your 73rd birthday, we also want to highlight an important financial aspect that comes with this special age. It's time to embrace your required minimum distributions...
Read MoreMedicare General Enrollment Ends on March 31st
The general enrollment period for Medicare goes from January 1st to March 31st. If you haven’t decided yet, your time is running out for the year. It may not be immediately clear what this specific enrollment period is for, as...
Read MoreUnderstanding the Difference Between Active and Passive Investing 3
You’ve probably heard the term “passive investing.” But what does it really mean to “passively” invest? I wanted to share some insights about passive investing with you today that will hopefully clear up...
Read MoreMerry Christmas
That special time of year is here – a time of love and happiness and wonder, an occasion when we all draw closer together. This Christmas, I am thinking of you and wishing you and your loved ones all the best the season has to...
Read MoreUnderstanding The Difference Between Active And Passive Investing 2
Active and passive investing are terms that are thrown around financial circles. Today, I’d like to explore some considerations associated with active investing.Active investing is driven by a desire to “beat the...
Read MoreUnderstanding The Difference Between Active And Passive Investing 1
You may have heard discussions about active or passive investing. Investors tend to align themselves with one strategy or the other, often finding themselves at opposing ends of the investment spectrum. So, what’s the difference...
Read MoreHappy Hanukkah
It is that time of year – time to light the menorah and celebrate the festival of lights. Hanukkah reminds us to rededicate ourselves, to keep the flame of Jewish religion, Jewish culture, and Jewish identity burning bright. As...
Read MoreHappy Year of the Monkey
I am writing to wish you good health, good fortune, and good luck in the Year of the Monkey. May the New Year bring you great success in life and business and may joy be ever-present. I wish you and those you love prosperity and...
Read MoreWhy Should I Put My Home in a Living Trust?
Life is short. And while no one wants to focus on the end, forcing yourself to do so can ultimately makes things a bit easier for your loved ones—not just emotionally, but financially too.
Read MoreA Plan For All Seasons (Jan-Dec) 11
Ah ... summer. It's a beautiful time of year filled with warmth and sunshine. A time that many of us look forward to. Days like this, looking ahead to stormy weather may be the last thing you want to do. But planning for a "rainy day"...
Read MoreA Plan For All Seasons (Jan-Dec) 12
'Tis the season for giving! December is a time that many Americans celebrate Holidays such as Christmas or Hanukkah. Some of these Holidays have a special focus on giving. What a great time a year to consider charitable gifts! If you...
Read MoreFive Savings Secrets
Are you saving for the future? People often come to me asking for financial guidance. Some want to know how to invest or diversify the money they’ve saved, but others admit to me they’re just not sure how to save. If...
Read More403b Contributions Keeping up with Salary
You may be a few years or a decades away from retirement, but it’s never too soon or too late to ramp up your savings for your life as a retiree. And one of the best ways to do so is to increase your contributions to your...
Read MoreHaving Financial Conversations with Adult Children
A recent survey reported that 68% of parents had made financial sacrifices to support their adult children. It's often a difficult decision that can stress relationships, impact retirement strategies, and harm overall financial...
Read MoreTime to Fall Back
As you have noticed, the days are getting shorter – and we are coming to the end of Daylight Saving Time for the year. On the first Sunday of November at 2:00 am, most of America will “fall back” into Standard Time....
Read MoreHonoring Veterans Day
November 11 is Veterans Day – a day to honor and remember the bravery, contributions, and sacrifices of our armed services members who have defended us so ably, who have run toward danger rather than away from it, who have...
Read MoreDesignating Beneficiaries
The beneficiaries you select for your retirement accounts can have a significant impact on the financial future of your family and/or other heirs. That’s why proper designation and regular review of your account beneficiaries...
Read MoreA Plan For All Seasons (Jan-Dec) 10
November, the month of Thanksgiving, is a time when many people decide to take a look at and appreciate what they already have. What do you have, in terms of assets? Real Estate? Automobiles? Insurance Policies? Savings? Those things,...
Read MoreWishing you a happy and safe Thanksgiving
Perhaps this year, more than ever, Thanksgiving gives us a chance to appreciate what we have – friendships, relationships, and a sense of connection. These gifts are priceless. I also want to thank you for choosing me as your...
Read MoreHappy Halloween!
That spooky-yet-sweet time of year is coming – Halloween! Whether the costumes you or your kids wear are homemade or store-bought, whether the pumpkins by your home are hard-carved or plastic, whether you trick-or-treat in the...
Read MoreHappy Halloween!
October is coming to an end, and that means Halloween will be here before you know it. Are you ready for the holiday? If you have kids, no doubt they are!All Hallows Eve is celebrated in many ways today; they are all enjoyable. So,...
Read MoreHow to Keep Your Identity Safe
In case you didn’t know, June is National Internet Safety Month. With nearly 5 billion people on social media worldwide, plus the risks of using online brokerage and bank accounts, the need for digital security has never been...
Read MoreWhy Estate Planning Is Important Today
Plan for tomorrow, today.That seems like sensible advice, doesn't it? Yet a surprising number of people leave no estate plan in place for their survivors. It makes a certain amount of sense. Nobody likes talking about death. But this...
Read MoreCelebrating Indigenous Peoples' Day
In celebration of the culture and history of the first people to inhabit North America, we observe Indigenous Peoples’ Day. As cities and states update their local observances across our nation, it’s important to...
Read MoreA Plan For All Seasons (Jan-Dec) 4
Its tax refund time! Have you given any thought to what you'll do with your tax refund this year? Vacations, cars and home improvement items often top the list, but is that the smartest use of your tax refund dollars? Is there a...
Read MoreG'mar Chatimah Tovah
As the Days of Awe culminate, we are humble and grateful in our atonement, recognizing how human we are and how much better we can be.
Read MoreG'mar Chatimah Tovah
The most sacred and solemn day of the Jewish year, the Day of Atonement, arrives soon. I wish you an easy and meaningful fast this Yom Kippur as you focus on introspection, reflect on the year gone by, and contemplate the year ahead....
Read MoreReasons Not to Write Your Own Will
Ever considered writing your own will? While you can draft a will on your own, there are plenty of reasons why you may not want to go that route. Most people do it to save money, but they may overlook or forget to take care of some...
Read MoreHave You Enrolled in Medicare Part D or a Medicare Advantage Plan?
Have you enrolled in Medicare, or are you considering it? If so, you should know that anyone who receives Medicare is eligible to receive Medicare Part D prescription drug coverage.
Read MoreHappy Equinox!
The Vernal Equinox is just ahead… the moment when sunlight and darkness each share 12 hours of the day. This is the moment marking a change of seasons, and the flowering of the new. May new opportunities and new joys be yours...
Read MoreHave You Enrolled in Medicare Part D or a Medicare Advantage Plan?
Have you enrolled in Medicare, or are you considering it? If so, you should know that anyone who receives Medicare is eligible to receive Medicare Part D prescription drug coverage. However, if you don’t enroll for that coverage...
Read MoreGrandparents Day
Shouldn’t there be a special day honoring grandparents? As it turns out, there is. Grandparents Day was designated a holiday by presidential proclamation in 1979, and it is celebrated on the first Sunday after Labor Day each...
Read MoreHappy Labor Day
As we celebrate Labor Day, we can think about the hard work we perform for our communities. We can also consider the work of those before us and how their efforts helped build this great nation we know and love. I hope you have a...
Read MoreA Plan For All Seasons (Jan-Dec) 9
And just like that, suddenly, it's September again. I don't know about you, but every September I feel a certain sense of renewal. Something left over from my high school days, I suppose. All it takes is the sound of a locker slamming...
Read MoreA Momentous Milestone!
Congratulations on your 73rd birthday! If so, it's time to start drawing down on some of your retirement accounts. If you don’t, Uncle Sam may help himself to some of your hard-saved funds. However, there are some exceptions. As...
Read MoreCongratulations on the new baby!
Congratulations on having a baby – this for sure represents one of the most consequential and life-changing events you may ever experience. There are many emotions to navigate … and then there are also some financial...
Read MoreTime to Spring Forward
Do the days seem to be getting just a bit longer? Yes, you’re correct. It is almost Daylight Saving Time. Many of the timepieces you rely on will make the change thanks to their software programming; others will need adjustment....
Read MoreHappy Independence Day
The Fourth of July is just ahead – a chance for us all to get together and celebrate what makes America so special. As Americans, we have the liberty to act, speak, think, and worship freely. This precious liberty was fought for...
Read MoreHappy Father's Day
Father’s Day – a day to praise fatherhood, the contribution dads make, and the influence they have in society. If you are a dad, smile and laugh with those you cherish on this holiday, and enjoy the love and admiration you...
Read MoreNitrogen 3
Are your investments in alignment with your personal Risk Number? I specialize in making sure clients know and understand how much risk they want, have, and need. I do this using the Risk Number—an objective, quantitative...
Read MoreNitrogen 2
The Risk Number helps us determine exactly what speed you want to be driving when it comes to your investments. Some investors are suited for a more safe and predictable journey, others are built for the fast lane. Which strategy is...
Read MoreHappy Year of the Rooster
Happy New Year! May the Year of the Rooster be a great one for you and those you love. I hope the coming year brings you overflowing happiness, success, and prosperity. Have a happy and lovely holiday season! Enjoy the New Year and...
Read MoreA Plan For All Seasons (Jan-Dec) 8
Ah ... summer. It's a beautiful time of year filled with warmth and sunshine. A time that many of us look forward to. Days like this, looking ahead to stormy weather may be the last thing you want to do. But planning for a "rainy day"...
Read MoreThis Memorial Day...
Memorial Day is a time for Americans to honor and remember those who lost their lives while serving in the armed forces. Veterans will think back on the men and women who served alongside them who gave the ultimate sacrifice for their...
Read MoreA Plan For All Seasons (Jan-Dec) 7
July is more than just barbecues and picnics. Back in 1776, our founding fathers signed the Declaration of Independence -- an event we celebrate every 4th of July. That spirit of independence is definitely something worth...
Read MoreA Plan For All Seasons (Jan-Dec) 5
Are you getting ready for summer? As spring draws to a close, many choose this time of year to start focusing on getting fit and trim for the summer. Could your spending habits benefit from a diet, too? This is a great time to think...
Read MoreFinancial Milestone Age 59 ½: Penalties for IRA Withdrawal End
Happy Half Birthday! I bet you thought celebrating half-birthdays ended when you exited elementary school. But at age 59 that all changes, and you get to celebrate a half-birthday again. Once you hit the magical age of 59½,...
Read MoreHappy Mother's Day
A very special day is returning – Mother’s Day. A day of gratitude, adoration, and relaxation for Mom, a time to treat her like the queen she is. Mother’s Day gives you a chance to touch the hearts of all the mothers...
Read MoreA Plan For All Seasons (Jan-Dec) 6
It's wedding season! Yes, it's that time again. Although weddings do happen all throughout the year, the traditional June wedding remains very popular. Do you know a couple about to take the plunge? These days, many couples are...
Read MoreFinancial Milestone at 70: Late Social Security, Maximum Benefit
Hope this email finds you well as you celebrate your 70th birthday. As you enter this new phase of life, I wanted to highlight an important financial milestone that can significantly impact your long-term financial security–late...
Read MoreCelebrating Asian American and Pacific Heritage Month
Did you know that May is Asian American and Pacific Islander Heritage Month? This year, we invite you to join us in celebrating the often-overlooked contributions of Asian and Pacific Islander Americans to this great nation. Whether...
Read MoreHappy Earth Day
April 22 is Earth Day, a day to do the little (and big) things to reduce your carbon footprint and support a healthy planet. There are many ways in which we can become better stewards of the Earth. We can recycle hazardous materials;...
Read MoreSeptember 11 - Patriot Day
Much time has passed since the events of September 11, 2001, and while in some ways it feels like a lifetime ago, the memory remains painfully fresh in my mind. An attack on U.S. soil. The loss of thousands of lives. In the wake of...
Read MoreChag Sameach
This year, as with every year at Passover, we remember the first Exodus from Egypt and reflect on being a part of the diaspora. The Seder concludes with the phrase “L'shanah Haba'ah B'yerushalayim,” meaning “next...
Read MoreHeadlines don't have to cause anxiety
Last year, we all witnessed some anxiety-producing headlines. I hope our firm's communications deliver a balanced view of breaking news, regulatory and tax law changes, economic topics, and timely market updates. Our goal is to keep...
Read MoreHappy International Women's Day
International Women's Day is a global day celebrating the social, economic, cultural and political achievements of women - while also marking a call to action for accelerating gender equality. This March 8, I hope you’ll join me...
Read MoreA Plan For All Seasons (Jan-Dec) 3
It's about time to Spring Forward! Daylight Saving time is about to begin. This practice of turning the clocks ahead one hour is meant to extend daylight in the evening hours. What if you applied the same principle to your finances?...
Read MoreHappy Labor Day!
More than just a bookend to the summer season, Labor Day is a celebration of workers' contributions to the well-being of our country and the economy. Labor Day was first celebrated on Sept. 5, 1882, in New York City, in accordance...
Read MoreLife Insurance Awareness-3
Life is a constant blur of motion. And odds are, your life differs from when you first bought your life insurance policy. Keep on the lookout for the following points to see if you need a review: Family Status - Changes to your...
Read MoreLife Insurance Awareness-2
Some people with life insurance can tell someone exactly why they bought it. Others may struggle a bit explaining the role life insurance plays in their overall financial situation. Let’s explore a couple of ways life insurance...
Read MoreHappy Year of the Snake
The Year of the Snake is almost here! The snake, one of the most enigmatic, intelligent, and wise symbols within the zodiac – this reminds us to remain measured, centered, and calm. May the coming year be filled with wisdom and...
Read MoreLower the cost of your life insurance.
Here’s a little-known fact that may help you save money on life insurance: when it comes to underwriting, insurance carriers typically rate clients to their closest birthday. What does that mean? It means that if you are 39...
Read MoreA Plan For All Seasons (Jan-Dec) 2
How much will you spend celebrating Valentine's Day? Do you feel like special occasion spending gets you off-track when it comes to financial goals? Setting a personal or household budget is a great way to steer toward the future you...
Read MoreCelebrating Black Wealth Builders Throughout History
In celebration of the achievements of Black Americans and their integral role in our nation’s history, here are eight Black wealth builders we believe should be remembered. These individuals deserve recognition for their...
Read MoreHappy Year of the Goat
The Year of the Goat has almost arrived. The Goat is known as one of the calmest and gentlest symbols within the zodiac. In some ways, the Year of the Goat reminds us to remain kind, sympathetic, and reliable for those around us. May...
Read MoreJoyful Diwali
The Festival of Lights will begin soon, in all its vibrancy and richness. I will be thinking of you as this new year commences, and I hope it brings you and those you love all kinds of rich and memorable experiences. I send you good...
Read MoreRemembering Martin Luther King Jr.
Martin Luther King, Jr. Day is coming soon, a day to honor and remember the courage, vision, and achievements of one of the greatest Americans. This is a federal holiday, so federal offices (and banks) will be closed. Many schools and...
Read MoreMerry Christmas
May the spirit of the season fill you and your loved ones with joy, and may your celebrations be warm, merry, and bright!
Read MoreEducational Investing Insights 4
Everyone loves a winner. If an investment is successful, most people naturally want to stick with it. But is this the best approach? It may sound counterintuitive, but it may be possible to have too much of a good thing. Over time,...
Read MoreEducational Investing Insights 3
I’m sure you’ve heard the terms “asset allocation” and “diversification” used in the same sentence, but they are very different concepts that every investor should understand. Asset allocation...
Read MoreEducational Investing Insights 2
You may occasionally hear “talking heads” on the news discuss the bond market, but too often, these news reports use confusing language and obscure terms. Many important drivers affect the bond market, and one key concept...
Read MoreA Plan for All Seasons (Jan-Dec) 1
Did you know? The year isn't over yet! When it comes to tax-deductible retirement savings, the year doesn't end on December 31st. You may contribute to your Traditional or Roth IRA until April 15th, and making a deductible...
Read MoreHanukkah Sameach!
It’s time to gather around the table and light the menorah, and to celebrate the festival of lights. One for each night, they shed a sweet light, to remind us of days long ago. Wishing you and your family a most joyful Hanukkah,...
Read MoreHappy Thanksgiving
The warmth of the holiday meal beckons. Thanksgiving is a time for gathering with loved ones and observing gratitude. So, as you gather around the table, look around and give thanks for the family and friends surrounding you. Give...
Read MoreDo You Know Your Investment Professional?
Do you know the name of the professional handling your investment? When was the last time you got a call or email from them? Has your investment been assigned to someone you’ve never even heard of – a total stranger who...
Read MorePlaying Catch Up
Have you saved enough? Whether you started late, or have regularly saved throughout your career, you might wish you could stash some additional cash in your retirement fund. Fortunately, if you’re 50 or older, you can. The IRS...
Read MoreBalmy Business Books for a Sweltering Summer
There’s nothing quite like the pleasure of a good book. And with temperatures rising nearly everywhere, now is a great time to grab a frosty beverage, settle into your comfiest chair, and lose yourself in a good story. Here's...
Read MoreHave a fun and festive Diwali!
Diwali is a time to light diyas in both your heart and your home, and to celebrate the goodness in your life. May your life be as colorful, shimmering, and magical as the lights of Diwali.
Read MoreMay is Disability Insurance Awareness Month
Think you don’t need disability coverage? Think again. We draft a will. Create an estate strategy. And purchase life insurance. But few of us consider disability insurance – the coverage that can help us maintain our...
Read MoreRetirement Strategy 5
Are you prepared to retire? It’s never too early to start preparing for your retirement. After all, the sooner you begin, the more solid your retirement foundation can become. Many Americans wait too long to begin. Often, this...
Read MoreRetirement Strategy 4
Do you have a retirement plan? You probably do. In fact, you may even have more than one.1While retirement plans are commonplace, many plan participants have a hard time answering a common question: who should they designate as...
Read MoreRetirement Strategy
Can you withdraw money from your 401(k) while you are still employed? Not everyone should; not everyone can. If you are able to, though, it may mean that you can effectively implement part of your retirement income plan before...
Read MoreRetirement Strategy 3
A wise person once said, “Good things come to those who wait.” While that may be true in most situations, it most certainly is not true when it comes to preparing for your retirement. If you’ve been holding off, now...
Read MoreRetirement Strategy 2
Can you withdraw money from your 401(k) while you are still employed? Not everyone should; not everyone can. If you are able to, though, it may mean that you can effectively implement part of your retirement income plan before...
Read MoreDo you worry about money?
If you never worry about money, please go ahead and delete this email. If you’re still reading, perhaps you (like me) are among the majority of people who aren’t independently wealthy and don’t have the luxury of...
Read MoreDo You Know Your Investment Professional?
Do you know the name of the professional handling your investment? When was the last time you got a call or email from them? Has your investment been assigned to someone you’ve never even heard of – a total stranger who...
Read MoreHappy 4th of July!
How will you celebrate this Fourth of July? The Fourth is all about freedom – remembering the men and women who fought to sustain it, and enjoying the privilege of being who you want to be, and doing what you want to do. I wish...
Read MoreHappy 4th of July!
How will you celebrate this Fourth of July? The Fourth is all about freedom – remembering the men and women who fought to sustain it, and enjoying the privilege of being who you want to be, and doing what you want to do. I wish...
Read MoreHappy Father's Day
A special day is coming: Father's Day. A day to praise the contributions dads make and the love and encouragement they provide. How will you celebrate this Father's Day? Whether the occasion calls for quality time with the ones you...
Read MoreThis Memorial Day...
Memorial Day is a time for remembrance and a reminder of the price so many men and women have paid in service to our great country. It is also a time to admire the bravery and dedication of those who serve our country and to be...
Read MoreHappy Mother's Day
A very special day is returning – Mother's Day. It is a day of gratitude, adoration, and relaxation for Mom, a time to treat her like the queen she is. Mother's Day gives you a chance to touch the hearts of all the mothers in...
Read MoreAre You Considering or Nearing Retirement?
Many of our clients have contacted us because they are uncertain about the options available to them when considering retirement. Some common questions are: What percentage of my salary can I expect...
Read MoreEveryone Needs an Estate Strategy
Like some of my clients, you may have seen the latest regarding Aretha Franklin's estate. The Queen of Soul passed in 2018, and years later, her loved ones are still caught in legal trials thanks to the existence of multiple wills. As...
Read MoreEducational Investing Insights 1
Investing involves risk, and as we’ve been working together, we’ve discussed your risk tolerance regarding your portfolio. But in the world of finance, risk can take many forms. Here are a few types of risk that I look at...
Read MoreLife Insurance Awareness-1
Life is a remarkable journey, marked by milestones and transitions that shape our experiences and priorities. But no matter where you are on the road of life, we all have similar needs and face similar challenges. That's why life...
Read MoreHappy Year of the Tiger
A very extraordinary time is almost here – a time for family, feasts, fireworks – a time to celebrate the arrival of a new year! May good fortune be yours in the Year of the Tiger! I wish you the very best and send my...
Read MoreTop 10 Reasons to Buy Life Insurance
Life insurance is one of those things that just about everyone needs but far too few people actually have. It’s easy to put off purchasing a policy when you’re young and relatively healthy. But the longer you wait, the...
Read MoreTax Planning Strategies for Business Owners
Political and economic factors suggest a higher tax environment is possible. Understand your options for income, corporate and estate tax planning. Democratic U.S. Senate candidates swept the Georgia run-offs in early January,...
Read MoreHappy Year of the Rabbit
A new year is just ahead, the Year of the Rabbit. May it be a year of great success, love, and happiness for you and those you love. May luck accompany you on all the paths you take in your life and work. I wish you and those you love...
Read MoreHappy Year of the Ox
The Year of the Ox is almost here – time to bring out the red envelopes, light up the sky with fireworks, and bring in the new. The ox, that symbol of determination, strength, and diligence, is the reminder to forge ahead and...
Read MoreJanuary Is Financial Wellness Month
January is Financial Wellness Month, a time to remind people to make arrangements for their financial strategy. For me, it’s time for me to connect with new clients and discuss their financial situation and aspirations for their...
Read MoreRemembering Martin Luther King Jr.
The third Monday of January is Martin Luther King Jr. Day. The legacy of Dr. King means many things to each American. This is a day of remembrance for both the man and his work. It’s also a day of service, in which we use a day...
Read MoreHappy New Year!
Sending you warm thoughts and best wishes for a wonderful new year. May the days ahead be filled with joy, laughter, and prosperity for you and those you hold most dear.
Read MoreRetirement Strategy 1
In your retirement strategy, you’ve likely put a good deal of thought into putting away enough money to enjoy your life, once you’ve put the daily grind in the rearview mirror. Like many, you’ve probably prepared for...
Read MoreHappy Thanksgiving
Thanksgiving is a time to appreciate what we value most, a time to cherish the many gifts we have, and the people that make life special. We can also be thankful that we live in a great country known for its prosperity and abundance....
Read MoreFacts About Medicare Open Enrollment
Medicare’s open enrollment period runs from October 15 to December 7. If you are enrolling in Medicare for the first time, give yourself plenty of time. You may discover that it is much more complex than an employer-sponsored...
Read MorePreparing For Anything
Did you know September was National Preparedness Month? This event promoted by FEMA guides Americans in ensuring their families and communities are ready in case of natural disasters or other emergencies. But did you also know that...
Read MoreFootball Season Opener
I’m of the opinion that all too often advisors use confusing jargon to explain financial concepts that can’t be easily understood in layman’s terms. It’s one of the reasons people can be apprehensive and often...
Read MoreInsurance solutions later in life
Key Points Life insurance can do more than provide financial support for your beneficiaries. It’s good to revisit life insurance during your 50s and 60s as solutions may be more accessible and less costly than you might think. An...
Read MoreAnnuities can Protect Lifetime Income and Mitigate Retirement Risk
Saving for retirement can be difficult—that's just reality. This may especially be the case when investors have expenses right now that need addressing. Fortunately, there are several different ways that Americans can save for...
Read MoreHow Much Money Will You Need for Retirement?
"Will I outlive my retirement money?" That's one of the top fears for people who are starting to prepare for their retirement years.So I have to chuckle a bit when I see headlines that say, "Here's how much money Americans think they...
Read MoreFederal Student Loan payments paused due to COVID-19
This month, many universities and colleges are welcoming students back to campus, even if most campuses are largely online this year.But that's not all that's different. The current administration has issued an executive memorandum...
Read MoreSpring into financial transparency
The time following Valentine's Day has always served as a reminder that Spring is on the way. The days are getting longer, the birds and the bees are doing their thing, and people everywhere are thinking about future travel and...
Read MoreRetirement Income: 5 factors to consider
Key Points Key financial decisions can impact your income and taxes at a certain stage of retirement. Strategic planning may extend your retirement income. Your Ameriprise financial advisor can help you consider your options across...
Read MoreHow To Make Financial Comeback
Key Points Most investors (73%) have experienced at least one major financial setback of some kind in their life, according to the Ameriprise Financial Comebacks study. The most common financial setbacks among investors in the past are...
Read MoreThe Last 6 Months
After a six-month sprint through a diabolical obstacle course of new laws, a pandemic, record unemployment, deaths, confusion and complete disruption of everyone’s professional and personal lives, this seems like a good time to...
Read MoreHappy Independence Day
The Fourth of July is nearly here, one of the high points of summer in America. All of us will have the chance to celebrate our democracy, our diversity, our personal freedom, and our liberty to pursue our goals and dreams. Enjoy the...
Read MoreHow Much Life Insurance Do I Need? Here’s How to Find Out
A good rule of thumb is 10 times your salary. But your actual number may be different. How much life insurance you need is like your fingerprint — it’s unique to you. Your employer’s policy may cover your salary for...
Read MoreInflation Math for Today’s Retiree
You may have heard the saying, “inflation hurts savers and benefits borrowers.” The expression suggests that borrowers benefit from inflation because they pay back lenders with dollars worth less than when the money...
Read MoreCelebrating mothers everywhere
A mom can be a great friend, a guiding light, a teacher. One thing’s for sure: no one can take her place. This Mother’s Day, we want to take the time to honor and thank the ones who have helped make us who we are. Here are...
Read MoreIs it time for a change?
Are you happy with your current financial professional? Have they met with you to discuss how recent market fluctuations could affect your financial plans? When was the last time the two of you sat down to really discuss goals?...
Read MoreLife Doesn't Stand Still
September is Life Insurance Awareness Month. If you haven’t reviewed your insurance profile in a while, you may be surprised that what made sense in the past no longer fits your life. Here are some ways to quickly evaluate your...
Read MoreThe best laid plans…
Even the most thought-out financial strategy may need to be adjusted for unexpected events, such as changes to your family life or career, or shifts in your family priorities. These are important opportunities for us to connect and...
Read MoreHappy Year of the Pig
It’s almost the Year of the Pig again! The Pig is known as one of the most compassionate and generous symbols within the zodiac. In many ways, the Year of the Pig reminds us to remain kind, compassionate, and generous to those...
Read MoreHappy Year of the Rat
I would like to wish you a wonderful New Year! The Year of the Rat is about to begin. May the lights glow bright with your hopes and ambitions, and may good fortune surround you. Here’s hoping the Year of the Rat brings luck and...
Read MoreDon't go it alone.
When markets cycle lower like they have been lately, perspective is critical. If you’re not connected to someone with experience, it can be easy to miss the big picture. If you zoom out a bit in history, most investors haven't...
Read MoreHow important is being independent?
I am an Independent Investment Advisor. What does that mean? What are the benefits? What difference might a relationship with an Independent Investment Advisor make for you and your loved ones? If you work with me: I’ll listen...
Read MoreAge My Way in May
May is a month to celebrate the older Americans in our country and honor their lives and the accomplishments they still have ahead of them. Older Americans Month was established in 1963 by President John F. Kennedy to bring awareness...
Read MoreWorking While Receiving Social Security Benefits
Some people may think they can't work — or shouldn't work — while collecting Social Security benefits. But that's not the case. However, it's important to understand how the retirement earnings test (RET) could affect your benefits.
Read MoreYour Yearly Financial Checklist
A full trip around the sun is always reason to pause and celebrate. It’s also a good time to reflect, to think about where you are, and where you want to be.
Read MoreWomen Overcoming Volatility - Keeping Control of Your Financial Future
According to the report, the percentage of women in SVP and C-suite positions rose from 40% to 49% over the last six years. Despite this progress, women are often still seen as the primary caregivers of children, elderly parents and others
Read MoreWidowhood - The Loss Couples Rarely Plan for—and Should
No one is ever ready emotionally for the death of a spouse. But you can prepare financially for the decision-making and reduced income you may someday face.
Read MoreWhat Is A Living Trust?
A living trust is a legal document that places your assets into a trust for your benefit (you’re the trustee) while you’re alive and then transfers those assets, via your “successor trustee,” to beneficiaries after you die or become disable
Read MoreWhat to Know Before Refinancing Your Home
Just because you can lower your monthly payment doesn’t mean you’ll save money. That’s especially true if you pay closing costs — one-time fees due when you take out a loan — when you refinance.
Read MoreWhat Happens if You Die Without a Will?
It’s shocking to me that people will spend more time and money investigating and paying for the right summer camp for a child than putting together a plan that can impact that child’s well-being for the rest of his or her life.
Read MoreWhat Football Teaches Us About Financial Planning
There’s never been a great coach worth a damn who didn’t believe in planning. Coaches will stay in the office late at night planning. Heck, they’ll stay in the office all night if they think it will give them an edge.
Read MoreWhat Are The Core Components of A Financial Plan?
More advanced plans can model certain capital gains strategies, including tax-loss harvesting, which helps to offset investment gains and preserve more of your principal.
Read MoreWhat Americans Over Age 50 Should Know About Divorce And Their Finances
Statistically, of course, older couples who have passed their peak earning years will have more assets (and more savings) than younger couples, so deciding how to divide them will be crucial.
Read MoreUsing An Annuity to Help Pay For College
Saving and paying for college can be a challenging goal and you may be among the many people who worry about the financial pressure that funding higher education can bring.
Read MoreUse These Four Questions As A Guide To Help Plan Ahead For Future Medical and Caregiving Needs
Most people don't want to think about the health-related what-ifs that come with aging, let alone talk about them—especially with family. Nonetheless, that conversation is critical to have.
Read MoreTracking Down a Lost Retirement Account
The next time you switch jobs, be sure to have a plan for your retirement funds so you don’t lose track of them. After all, when you’re saving for a decades-long retirement, every dollar counts.
Read MoreIs It Time For A 401(K) Review?
Deferrals. What is the average deferral rate among plan participants? Is it higher for the highest-earning employees? While this tendency is common, you want all plan participants to contribute to their accounts at a decent level.
Read MoreThere's Still Time to Contribute to an IRA for 2021
You can contribute to a Roth IRA if your MAGI is within certain limits. For 2021, if you file your federal tax return as single or head of household, you can make a full Roth contribution if your income is $125,000 or less.
Read MoreThe Emotional Side of Long-Term Care
Yes, Medicaid will begin to cover your long-term care expenses, but only if you are in a nursing home and only after you have spent your assets down to $2,000. Medicaid can also dictate which nursing home you will go to.
Read MoreThe Working Woman’s Retirement Plan Checklist
What women need to know:Have you earned a retirement benefit(s) at any of your jobs?Do you know how much your benefit(s) will be?Do you know what happens to your benefit if you change jobs?Do you know what happens to your benefit if...
Read MoreThe 5-Year Forever Clock
In an extreme example of the 5-Year Forever Clock, James is 43 years old. He opens his very first Roth IRA with a $5,000 contribution. Two years later, when James is 45, the account is worth $6,000 and James is in financial straits.
Read MoreTeaching Kids About Money
Teaching kids how to work hard and save money is challenging for many parents. It certainly was for me. My wife and I were never quite sure we were getting through, but we kept trying. Somehow something must have worked.
Read MoreStress Test Your Financial Plans Like a Billionaire
It’s not unusual for the Super Rich (those with a net worth of $500 million or more) to have family offices and a legion of professional advisors to help them create and implement financial plans.
Read MoreStarting The Retirement Income Conversation
The first step in developing a successful income plan for retirement is understanding your options. Here are points you should discuss with your financial professional to make sure you’re on track for the retirement you want.
Read MoreShould I Exchange My Annuity?
One of the primary benefits of fixed-indexed annuities is tax deferral. Much like an IRA, the money you place in a fixed-indexed annuity grows tax-free as long as it stays in the fixed-indexed annuity.
Read MorePlanning to Quit Your Job? What to Know Before You Go
Because hiring and training new workers can be time-consuming and costly, some employers may be more willing to make concessions to keep the employees they already have.
Read MorePlanning Gives You Control
Some pundits claim that investors can only survive the overvalued U.S. equity markets as selective stock pickers, but this kind of advice always seems to be offered in the midst of market volatility.
Read MorePersonal Planner
"How can I plan?" asked Mary. "We just sold our home and bought a retirement condo. Our older child just moved across the country and our younger child will be getting married later this year. With so much change, how can we make plans?"
Read MoreRaising Children Late in Life -What You Should Know
Regardless of how older moms and dads come into parenting, they all want to create a stable financial life for their little ones while negotiating the life changes that come with age. Here are some ways to help juggle both those goals.
Read MoreIs Whole Life Insurance a Good Investment?
In the most literal sense, whole life insurance is not an investment — it’s life insurance. But it also accumulates cash value that’s tax-advantaged, guaranteed to grow and never declines in value.
Read MoreIntroduction to Estate Planning
Estate Planning is an essential component to your overall financial plan. It allows you to gain more control over aspects of your life both during your lifetime and after your death.
Read MoreHow Whole Life Insurance Can Help With Multiple Financial Goals
As you go through life, you’re likely to have many financial goals: saving for retirement, paying for your child’s education or wedding, or having enough for emergencies.
Read MoreHow to Use Permanent Life Insurance in Retirement
If you want guaranteed income in retirement and don’t have a need for your life insurance anymore, you can do something known as a 1035 exchange for an annuity.
Read MoreHow To Tell When You Need A Financial Planner (For Women)
Perhaps you are facing financial challenges but have never worked with a financial planner. Maybe you are asking yourself whether you need help with your finances, which could be a sign you do.
Read MoreHow To Spend, Save, and Invest An Inheritance
Inheriting money is a mixed blessing. It likely means that you lost a loved one while also experiencing the gift of a financial legacy. But when you’re about to receive an inheritance, you may be unsure as to what to do with it.
Read MoreHow to Manage Your Boomerang Children
If you and your spouse disagree on whether to let your child move home, Abramson says you may need a third party to help you sort it out. She says the decision can be particularly tough if you are remarried.
Read MoreHow To Keep Your Divorce From Ruining Your Finances
Update your will and any trusts to designate who you want to inherit your assets, now that what you own and your wishes are different than they had been in the past.
Read MoreHow to Give Money to Your Kids
Roth IRAs face some significant restrictions, however. The first is that your child must have earned income. The second restriction is that Roths have annual contribution limits.
Read MoreHow to Determine Your Financial Planning Goals
Most experts recommend keeping an emergency fund that covers at least three to six months of living expenses. Some even say your emergency fund should be enough to last a year.
Read MoreHow To Create A Shared Financial Vision With Your Partner
Open communication is vital when you and your partner talk about current and future financial goals. Your financial advisor is a neutral guide who can help you work together to bring your shared vision to life.
Read MoreHow Financial Planning Is Different When You Don’t Have Kids
Kids or no kids, people are living longer, which makes retirement planning a priority for everyone. This means you’ll have to think about how to make your retirement income last.
Read MoreHome-Sweet-Home Equity
Even if you still make mortgage payments, the equity in your home is a valuable asset. And current low interest rates might give you an opportunity to pay off your home more quickly. Here are some ideas to consider.
Read MoreGetting the Right Financial Planner
The powerful financial planning experience I am talking about starts with the right kind of financial planner. Not all financial plans are equal and neither are financial planners.
Read MoreGiving While Living
With an estimated $3.2 trillion expected to be passed down to inheritors in the U.S. over the next generation, the question of how and when to transfer assets is one that many families will have to grapple with.
Read MoreGive Yourself A Year-End Financial Checkup
Even if you have a hands-off approach to your finances most of the year, taking a few key steps at year’s end can make a big difference in your finances short-term and get you on track for a stronger financial future.
Read MoreFour Financial Tips For The Sandwich Generation
Almost half of adult Americans in their 40s and 50s are part of the sandwich generation — meaning they have a parent age 65 or older and are either raising a child under 18 or financially supporting a grown child.
Read MoreHere Are the Budgeting Basics Your Kids Should Know (Part 1)
Get other family members in on the goal of saving for college by asking them to contribute to your kid’s 529 college savings plan in lieu of gifts for holidays or birthdays.
Read MoreFive Financial Planning Tips for Women in 2022
January is the time for resetting, redefining and redesigning our lives. Enjoy a strong start to the new decade with these five financial planning tips for women.
Read MoreFinancial Steps to Take When You Lose A Loved One
But how do you know what you’re supposed to do? It can feel very overwhelming. Here’s a list of common steps to help reduce stress during this time.
Read MoreFinancial Mistakes Women Make During The Divorce Process
Even potentially profitable investments, such as a stake in a business or limited partnership, must be weighed against liquid assets you can use now to establish long-term security.
Read MoreFinancial Concerns and Advice for Sandwich Generation Women
If health care is a potential concern, consider contributing the maximum amount to a health savings account. Your financial advisor can discuss the strategy and benefits with you.
Read MoreEstate Planning For Young Families - 5 Questions Parents Need To Answer
It’s a tough conversation for any parent to have: Do you know what would happen to your kids if you were to pass away? Who would be their primary caretaker? Would they have enough money for necessities, let alone college?
Read MoreEstate Planning For Married Couples With IRAs And 401(K)S
In states that impose a separate estate or other transfer tax, there may be a sixth reason if state law doesn’t afford a portability election similar to federal law.
Read MoreEstate Planning 101: Planning, Preparation And Process
As a financial advisor, I work with my clients in all phases of their lives – estate planning, retirement, inheritance, sale of business, death of a spouse, and divorce.
Read MoreDocumenting Your Wishes For Online Accounts Can Ease Heartache For Loved Ones
One of the more difficult realities of estate planning is recognizing that while you can provide for your family after you’re gone, your presence will be missed
Read MoreDesignating Beneficiaries
The beneficiaries you select for your retirement accounts can have a significant impact on the financial future of your family and/or other heirs.
Read MoreDesignating Beneficiaries For Retirement Accounts, Part I Introduction
A beneficiary designation form is a simple and accessible tool that allows donors to make testamentary charitable gifts and streamline the administration of their estates.
Read MoreComfort Planning: Tips On How To Prevent Strangers From Taking Over If You're Incapacitated
What do these three stories have in common? At some point, others had to make decisions on behalf of the person who did not have comfort planning in place.
Read MoreChild Care Costs - Whether Day Care Or A Nanny Is Right For Your Child
Deciding who will care for your child while you work can be overwhelming. If you don’t have family members to help, you’re likely deciding between a day care center, an in-home day care or a nanny.
Read MoreCan I Leave Money To My Kids But Not Their Spouses?
Prenuptial agreements don’t carry the same type of stigma they may have had in the past. In fact, more and more young people are signing prenuptial agreements.
Read MoreBaseball Lessons That Might Help Change Up Your Finances
Baseball stadiums are filled with optimists. Fans start each new season with the hope that even if last year ended badly, this year could finally be the year.
Read MoreBe Sure Your IRA Beneficiaries Are Designated Beneficiaries
Even worse, charities and estates as non-humans have no life expectancy. Thus, if either one was also named on the form, the human beneficiaries, such as Jack Jr. and Jack III, would not be entitled to a stretch at all.
Read MoreAre You Ready For Life's Big Changes?
Marriage. Divorce. Remarriage. Retirement. Nothing ever stays the same. Here are three strategies to help you navigate life’s major, often scary and unexpected, turning points.
Read MoreA Thoughtful Gift: Buying Life Insurance For Children Or Grandchildren
Whole life insurance provides death benefit protection, creates a living legacy that will accumulate cash value with each passing year, and may help your child or grandchild get a head start on their financial future.
Read MoreA Wish Is Just A Wish Without A Will: The Boar's Head Family Beef
Boar’s Head brings to mind juicy cold cut meats, but according to the The New York Times, there’s now a different type of beef sizzling between the heirs of the NYC company.
Read MoreA Guide For Assisting Aging Parents With Estate, Financial And Long Term Care Planning
Having a team of advisors that you really trust is important when it comes to the needs of your aging parents'. Here are a few different types of advisors you'll want to consider:
Read More9 Areas Where Financial Planning Is Important
There’s a reason why world-class athletes work with coaches who push them to constantly improve their game. When it comes to financial planning, everyone can benefit from having a coach working with them, too.
Read More61-Year-Old Self-Made Millionaire: 4 Things I Regret Wasting Money And Time On In My 20s
I’ve built a multimillion-dollar business and am the CEO of seven privately held companies. But there’s always room for improvement — even at age 61. In order to do that, it’s important to acknowledge past failures and learn from them.
Read More8 Money Tips Financial Planners Always Give To Couples
In a relationship, one person might be more interested in managing finances than the other. But CFP Michael Hackler of Horizon Financial Group says it's important to maintain a team mindset and share financial responsibilities.
Read More6 Tips For Managing Your Investments Through Divorce
If you receive assets from your spouse’s retirement plan and want to cash out the assets by taking a distribution, here is what you need to know about distribution penalties:
Read More6 FAQs About Social Security
Social Security income is an important discussion to have with your financial advisor before you stop working. Below are commonly asked questions and answers to help you prepare for the conversation.
Read More5 Ways To Maximize Your Social Security Benefit
According to the Center for Retirement Research, roughly 45 percent of Americans begin claiming Social Security benefits before reaching full retirement age, permanently — and significantly — reducing the amount they receive every month.
Read More5 Smart Actions For The New Year
The new year is a great time to reflect, revisit priorities and take actions — big and small — to help you stay on track to reach your financial goals. Here are five smart actions to consider.
Read More5 People Who Definitely Need To See A Financial Planner
Financial advisers and planners can get a bad rap. When it comes to investing and planning for retirement, you don't have to look long to find a flood of bloggers telling you that "you can just do it yourself."
Read More5 Fixed Indexed Annuity Myths Busted!
To determine if a fixed indexed annuity is right for you, it’s important to have full knowledge of how they work and how they may fit into your overall retirement plan.
Read More4 Steps Women Can Take To Help Prepare For Retirement
Many men and women may approach money management and financial wellness differently and this difference often extends to planning for retirement.
Read More5 Financial Steps You Should Take Before The End Of The Year
While you should be tax planning throughout the year, sometimes you don’t know exactly how much you’re going to earn or you get busy and forget to make the contributions you intended on making.
Read More4 Habits Of Happy Retirees
Discover four shared traits of happy retirees and how to make them your own.
Read More32 Of The Best Value Propositions (Plus How To Write Your Own)
Do you want more customers to choose you over your competition? Smart marketers use a compelling value proposition to show prospects why their company is better than the competition.
Read More3 Smart Actions For The New Year
If the new year has you reflecting on goals and what’s ahead, it’s a good time to also review your financial priorities. Here are three areas to consider:
Read MoreSaving For Early Retirement Is Hard Work, But These Habits Can Make It A Little Easier!
If you've got your mind set on early retirement, it won't be easy. Retirement is becoming more expensive, and Americans are living longer.
Read More11 Tips For Separating Your Finances When Navigating Divorce
If you ultimately decide to seek a divorce, the following financial planning tips can help you achieve a reasonable financial settlement to establish a strong foundation for your new life:
Read More10 Pieces Of Advice Financial Planners Give To New Parents Who Don't Know Where To Start
Becoming a parent comes with a lot of responsibilities, and financial obligations are no exception — from budgeting for everyday needs to forward-thinking about investing in your child's future.
Read More10 Ways To Talk To Your Aging Parents About Their Finances
Fortunately, talking to your parents about their finances isn't as difficult as it might seem. That's because there are several ways to start the conversation.
Read More10 Financial Planning And Tax Strategies To Prepare For 2022
For 2022, you can contribute up to $3,650 for individual coverage and up to $7,300 for family coverage into an HSA. Remember that an HSA is not a “use or lose it” benefit.
Read More10 Beneficiary Designation Tips
When you first set up your estate plan, go over all the designations you previously made and align them with your plan. After that, you should review and update them regularly—once a year would be ideal.
Read MoreSocial Security Benefits May Be Cut By 2034
The economic impact of COVID-19 has been felt from coast to coast. And, unfortunately for many pre-retirees, it could potentially impact Social Security benefits as well.
Read MoreInflation Math for Today’s Retiree
The expression suggests that borrowers benefit from inflation because they pay back lenders with dollars worth less than when the money was initially borrowed.
Read MoreTo Newly Eligible Medicare Participants
You may have considered all these strategies to some degree already. This letter is just a reminder that you are now Medicare-eligible, so these choices may soon need to become considerations.
Read MoreApply for Medicare Part D or Advantage Plan
Have you enrolled in Medicare, or are you considering it? If so, you should know that anyone who receives Medicare is eligible to receive Medicare Part D prescription drug coverage.
Read MoreConsiderations During Medicare’s Open Enrollment
How long has it been since you’ve reviewed your Medicare policy? With open enrollment fast approaching, there are a few questions you may want to ask yourself before you renew, add, drop, or switch coverage.
Read MoreLife Insurance at an Early Age
Perhaps you’ve heard the maxim, “Preparation is the key to success.” But when it comes to life insurance, knowing when to prepare is almost more important than the preparation, itself.
Read MoreDisability Insurance Prospecting
Will the government take care of you? Many disabled people discover that they don’t qualify for state assistance. Others find that the amount or length of coverage available is not sufficient to support them.
Read MoreWomen and Financial Strategies
Although more women are providing for their families, when it comes to preparing for retirement, they may be leaving their future to chance.
Read MoreHow Women Can Prepare For Retirement
When our parents retired, living to 75 amounted to a nice long life, and Social Security was often supplemented by a pension.
Read MoreHelpful Retirement Strategies for Women
According to one report, women contribute 30% less to their retirement accounts than men.
Read MoreThree Key Questions to Answer Before Taking Social Security
Social Security is a critical component of the retirement financial strategy for many Americans, so before you begin taking it, you should consider three important questions.
Read MoreWhen Should You Take Social Security
The Social Security program allows you to start receiving benefits as soon as you reach age 62. The question is, should you?
Read MoreSocial Security: The Elephant in the Room
The Social Security system has undergone periodic scares over the years that have inevitably led many people to wonder if Social Security will remain financially sound enough to pay the benefits they are owed.
Read MoreSocial Security: Maximizing Benefits
Most understand that waiting to claim Social Security benefits can result in higher monthly payments. However, many don’t know that there are other ways to maximize their benefits, some of which depend on their marital status.
Read MoreSocial Security: The 64,000 Dollar Question
At first blush, the decision may seem a bit clear-cut: Simply calculate the lifetime value of the early benefit amount versus the lifetime value of the higher benefit, based on some assumed life expectancy.
Read MoreSocial Security: Five Facts You Need to Know
Social Security can be complicated, and as a result many individuals don’t have a full understanding of the choices they may have. Here are five facts about Social Security that are important to keep in mind.
Read MoreHow Will Working Affect Social Security Benefits?
"Full retirement age" is the age at which individuals become eligible to receive 100% of their Social Security benefits. Individuals born in 1960 or later can receive 100% of their benefits at age 67.
Read More9 Facts About Social Security
Social Security's been a fact of retirement life ever since it was established in 1935. We all think we know how it works, but how much do you really know? Here are nine things that might surprise you.
Read MoreYour Changing Definition of Risk in Retirement
During your accumulation years, you may have categorized your risk as “conservative,” “moderate,” or “aggressive” and that guided how your portfolio was built.
Read MoreWhere Will Your Retirement Money Come From?
For many people, retirement income may come from a variety of sources. Here’s a quick review of the six main sources:Social SecuritySocial Security is the government-administered retirement income program. Workers become eligible...
Read MoreRetirement Seen Through Your Eyes
How do you picture your future? Some see retirement as a time to start a new career. Others see it as a time to travel. Still others plan to spend more time with family and friends. With that in mind, here are some things to consider.
Read MoreTax Efficiency in Retirement
Will you pay higher taxes in retirement? It’s possible. But that will largely depend on how you generate income. Will it be from working? Will it be from retirement plans?
Read MoreThe Sequence of Returns
The BlackRock study assumes that the three hypothetical investors evaluated their financial ability to continue making purchases through periods of declining and rising prices.
Read MoreNavigating Retirement Pitfalls
Much is written about the classic financial mistakes that plague start-ups, family businesses, corporations, and charities. Some classic financial missteps have been known to plague retirees, too.
Read MoreOrchestrating Your Retirement Accounts
An orchestra is merely a collection of instruments, each creating a unique sound. It is only when a conductor leads them that they produce the beautiful music imagined by the composer.
Read MoreWhat to Look for in an Extended-Care Policy
Extended-care coverage can be complex. Here’s a list of questions to ask that may help you better understand the costs and benefits of these policies.
Read MorePreparing for the Expected
The challenges seniors have met throughout their lives have made them wiser and stronger, preparing them for the unique challenges that come with aging.
Read MoreInsurance Needs Assessment: For Empty Nesters and Retirees
The preservation of your assets may not be solely a function of your investment strategy, but may include a comprehensive insurance approach to protect you against an array of financial risks, most especially health care.
Read MoreImportant Birthdays Over 50Important Birthdays Over 50
Most children stop being “and-a-half” somewhere around age 12. Kids add “and-a-half“ to make sure everyone knows they’re closer to the next age than the last.
Read MoreImmediate vs. Deferred Annuities
Despite not being as well known as some other retirement tools, annuities account for 6% of all assets earmarked for retirement. With about $2.6 trillion in assets, annuities hold more funds than Roth IRAs.
Read MoreHow Retirement Spending Changes With Time
New retirees sometimes worry that they are spending too much, too soon. Should they scale back? Are they at risk of outliving their money? This concern may be legitimate.
Read MoreHealthcare Costs in Retirement
In a 2022 survey, 35% of all workers reported they were either “not too” or “not at all” confident that they would have enough money to pay for their medical expenses in retirement.
Read MoreEight Mistakes That Can Upend Your Retirement
Pursuing your retirement dreams is challenging enough without making some common, and very avoidable, mistakes. Here are eight big mistakes to steer clear of, if possible.
Read MoreDoes Your Portfolio Fit Your Retirement Lifestyle?
Since a new business is unlikely to generate income right away, you may want to construct your portfolio with an income orientation in order to provide you with current income until the business can begin turning a profit.
Read MoreInflation & Your Money
Inflation is defined as an upward movement in the average level of prices. Each month, the Bureau of Labor Statistics releases a report called the Consumer Price Index (CPI) to track these fluctuations.
Read MoreYour Emergency Fund: How Much Is Enough?
One survey found that nearly 25% of Americans have no emergency savings. Another survey found that 40% of Americans said they wouldn't be able to comfortably handle an unexpected $1,000 expense.
Read MoreTraditional vs. Roth IRA
For individuals covered by a retirement plan at work, the deduction for a traditional IRA in 2022 is phased out for incomes between $109,000 and $129,000 for married couples filing jointly, and between $68,000 and $78,000 for single filers.
Read MoreThe Cost of Procrastination
Some of us share a common experience. You're driving along when a police cruiser pulls up behind you with its lights flashing. You pull over, the officer gets out, and your heart drops.
Read MoreThe Business Cycle
An upswing, or recovery, occurs when the economic indicators improve over time. A recession occurs when the same indicators go through a contraction. A particularly long or severe recession is referred to as a depression.
Read MorePullbacks, Corrections, and Bear Markets
When stock prices are trending lower, some investors can second-guess their risk tolerance. But periods of market volatility can be the worst times to consider portfolio decisions.
Read MoreIRA Withdrawals that Escape the 10% Tax Penalty
Yet, policymakers also recognize that life can present more pressing circumstances that require access to these savings.
Read MoreFive Most Overlooked Tax Deductions
Who among us wants to pay the IRS more taxes than we have to? While few may raise their hands, Americans regularly overpay because they fail to take tax deductions for which they are eligible.
Read MoreCountdown to College
As a parent, you of course want to give your child the best opportunity for success, and for many, attending the “right” university or college is that opportunity.
Read MoreChoices for Your 401(k) at a Former Employer
One of the common threads of a mobile workforce is that many individuals who leave their job are faced with a decision about what to do with their 401(k) account.¹
Read MoreA Decision Not Made Is Still a Decision
One of the worst decisions may be the failure to enroll, although more and more companies are automatically enrolling workers into their retirement plans.
Read MoreA Bucket Plan to Go with Your Bucket List
John and Mary are nearing retirement and they have a lot of items on their bucket list. Longer life expectancies mean John and Mary may need to prepare for two or even three decades of retirement.
Read More9 Facts About Retirement
Retirement can have many meanings. For some, it will be a time to travel and spend time with family members. For others, it will be a time to start a new business or begin a charitable endeavor.
Read MoreWhy Medicare Should Be Part of Your Retirement Strategy
Medicare takes a little time to understand. As you approach age 65, familiarize yourself with its coverage options, costs, and limitations.
Read MoreWays to Supplement Your Medicare Coverage
Retiree insurance: Some employers provide health insurance to retirees and their spouses to fill in the gaps of Medicare coverage. Retiree insurance always pays secondary to Medicare.
Read MoreThe Basics of Medicare
If you want Medicare prescription drug coverage (Part D) with Original Medicare, in most cases you will need to actively choose and join a stand-alone Medicare private drug plan (PDP).
Read MoreThe A, B, C, & D of Medicare
Whether your 65th birthday is on the horizon or decades away, understanding the different parts of Medicare is critical, as this government-sponsored program may play a role in your future health care decisions.
Read MorePrescription Drug Benefits Under Medicare (Part D)
Medicare’s prescription drug benefit (Part D) is the part of Medicare that provides outpatient drug coverage.
Read MoreQualifying For Medicare Under Age 65
You may qualify for Medicare due to a disability if you have been receiving SSDI checks for more than 24 months, also known as the two-year waiting period.
Read MoreMedicare At 65+
How much you have to pay for your Medicare coverage depends on your work history (i.e. if and how long you have paid Medicare taxes). Everyone owes a monthly premium for their medical insurance (Part B).
Read MoreMedicare Advantage Plans (Medicare Part C)
Medicare Advantage Plans must offer, at minimum, the same benefits as Original Medicare (those covered under Parts A and B) but can do so with different rules, costs, and coverage restrictions.
Read MoreMedicare Advantage 101
Medicare Advantage plans are offered by private insurers in conjunction with the Medicare program, and can provide you with additional health insurance coverage.
Read MoreIs Term Life Insurance for You?
Term insurance is the simplest form of life insurance. It provides temporary life insurance protection on a limited budget. Here’s how it works:
Read MoreCan Group, Private Disability Policies Work Together?
Loss of income for such a duration has the potential to cause significant financial hardship. And while Social Security Disability Insurance may help, it's critical to understand that about two-thirds of initial applications are denied and
Read MoreA Primer on Irrevocable Life Insurance Trusts
The irrevocable life insurance trust (ILIT) can be an important estate strategy tool that may accomplish a number of estate objectives; however, it may not be appropriate for every individual.
Read MoreWhen Life Insurance Becomes Taxable
According to the most recent estimates from the US Census Bureau, the population of people over the age of 55 grew twenty times faster than the population of people younger than 55 between 2010 and 2020. The fastest growing age group was pe
Read MoreUniversal Life Insurance
Universal life insurance is permanent life insurance — that is, it remains in force for your whole life. But universal life insurance has an important difference from other types of permanent insurance: it provides a flexible premium.
Read MoreUnderstanding Extended Care
Addressing the potential risks of extended term care expenses may be one of the biggest financial challenges for individuals who are developing a retirement strategy.
Read MoreTerm vs. Permanent Life Insurance
According to industry experts, most people don't have enough life insurance. LIMRA, which keeps close tabs on the industry, recently reported that average coverage equals $163,000, which is equivalent to approximately 3.5 years in terms of
Read MoreInsurance Needs Assessment: Married With Children
A growing family, by definition, means growing financial obligations—both present and in the future. Raising children can increase your insurance needs and heightens the urgency for being properly prepared.
Read MoreDisability and Your Finances
Rather than depending on a government program to protect their income in the event of a disability, many individuals prefer to protect themselves with personal disability insurance.
Read MoreConsider Keeping Your Life Insurance When You Retire
Do you need a life insurance policy in retirement? One school of thought questions this decision. Perhaps your kids have grown, and the need to help protect the household against the loss of an income-earner has passed.
Read MoreAssess Life Insurance Needs
If your family relies on your income, it’s critical to consider having enough life insurance to provide for them after you pass away. But too often, life insurance is an overlooked aspect of personal finances.
Read MoreBreaking Down the Parts of Medicare
Under Original Medicare, the government pays directly for the health care services you receive. You can see any doctor and hospital that takes Medicare (and most do) anywhere in the country.
Read More