What's on our minds? What are the issues of the day that are getting our attention? Changes in regulations and tax laws, as well as world news and fluctuations in the capital markets can have varying effects on all of us and our financial well being.
How do you know what matters and how much? Our blog will help to keep you current on what you need to know to pursue your financial goals. So keep checking in. We're glad to have you reading along.
A 6.1% Bump in Social Security?
The news keeps getting better for Social Security recipients.It's now projected that benefits will increase 6.1% in 2022, up from the 4.7% forecast just two months ago. That would be the most significant increase since 1983.1...Read More
What Forces Are Driving the Housing Market?
Recently, you may have seen reports that a record-low number of homes are available for sale—roughly 1.03 million nationwide. If you compare that to the average number of homes for sale during the past 10 years, it's no surprise...Read More
Changes to Paycheck Protection
Information for small business owners to consider.On Monday, Feb. 22, the White House announced several changes to the Paycheck Protection Program (PPP) that went into effect on Wednesday, Feb. 24. These changes are intended to further...Read More
End-of-the-Year Money Moves
Here are some things you might consider before saying goodbye to 2020. What has changed for you in 2020? For many, this year has been as complicated as learning a new dance. Did you start a new job or leave a job behind? That’s...Read More
2021 Limits for IRAs, 401(k)s and More
Numbers to know for the new year.On October 26, the Treasury Department released the 2021 adjusted figures for retirement account savings. Although these adjustments won’t bring any major changes, there are some minor elements to...Read More
Why Medicare Should Be Part of Your Retirement Strategy
Medicare planning – premiums and coverages vary, and you must realize the differences. Medicare takes a little time to understand. As you approach age 65, it’s important to do some Medicare planning to familiarize yourself...Read More
Eldercare Choices in the COVID-19 Era
Exploring your extended care options may be wise at this time. Given the threat of COVID-19, seniors today may be considering their extended care alternatives with extra caution. (1)In addition to health factors, the cost can be an...Read More
Key Provisions of the CARES Act
Distributions can be waived in 2020 for Inherited Accounts, 401(k)s, and IRAs.Recently, the $2 trillion “Coronavirus Aid, Relief, and Economic Security” (“CARES”) Act was signed into law. The CARES Act is...Read More
Retirement In Sight for October 2019
GENERATING RETIREMENT INCOME Each day, more than 10,000 Americans celebrate their 65th birthday. It’s a milestone, and for some, it signifies the beginning of retirement. Your friends, family, and coworkers may know you’re...Read More
Retirement In Sight for September 2019
SUNNIER PROSPECTS FOR WORKING AS A SENIORIn recent years, a steady stream of articles have appeared questioning baby boomers’ hopes to keep working part time in their retirement years. These articles have tended to take a...Read More
Are You Retiring Within the Next 5 Years?
What should you focus on as the transition approaches? You can prepare for your retirement transition years before it occurs. In doing so, you can do your best to avoid the kind of financial surprises that tend to upset an unsuspecting...Read More
Understanding Long-Term Care
The important question: Are you prepared?Addressing the potential threat of long-term care expenses may be one of the biggest financial challenges for individuals who are developing a retirement strategy. The U.S. Department of Health...Read More
Is Your Company’s 401(k) Plan as Good as It Could Be?
Two recent court rulings may make you want to double-check your 401(k) How often do retirement plan sponsors check up on 401(k)s? Not as often as they should, perhaps. Employers need to be especially vigilant these days. Every plan...Read More
Retirement Planning Weak Spots
Retirement Planning weak spots. They are all too common. Many households think they are planning carefully for retirement. In many cases, they are not. Weak spots in their retirement planning and saving may go unnoticed. Couples should...Read More
Try the Bucket Approach
Try the Bucket Approach. Constructing a portfolio this way may help you ride through a bear market in retirement. Stocks sometimes retreat. That reality can be overlooked in a long bull market. Bear markets do appear, and a deep...Read More
Everyone Is Talking About Bitcoin
But when will the cryptocurrency bubble burst? Investors are excited about bitcoin – perhaps too excited. Their fervor is easy to understand. On December 18, bitcoin closed at $17,566. Then back on September, 22 bitcoin was...Read More
Talking to Your Heirs About Your Estate Plan
They should not be left ill-informed or unaware.Talking about “the end” is not the easiest thing to do, and this is one reason why some people never adequately plan for the transfer of their wealth. Those who do create...Read More