As many of you know by now, the Social Security Administration released some disappointing news for 2017. While the coming changes are unfortunate for the millions of Americans who depend on these benefits to make […]
Read More about 3 Ways Social Security is Changing in 2017
When most people think about life insurance, what typically comes to mind is the death benefit. And secondly, how much will I need to pay for a given amount of coverage? What few people realize, […]
Read More about Tax Diversification with Life Insurance
How important of a consideration are taxes in retirement? A recent study completed by the Employee Benefit Research Institute found that tax obligations rank third behind housing and healthcare as the leading retirement worries. And […]
Read More about What’s Your Retirement Withdrawal Strategy?
Many of you know my passion for beach volleyball. While I love casual matches, there’s always the desire to win. Getting serious about winning requires more than individual talent. Whether beach volleyball is your sport […]
Read More about Retirement For Couples – It’s All About Teamwork
As you probably know, there are income restrictions in qualifying for contributions to a Roth IRA. It’s something we’ve discussed before, but, just to recap, here are those income limits for 2016: • Single filers […]
Read More about What Is the Backdoor Roth IRA?
Whenever I’m teaching a class on building solid financial systems for retirement, I’ll ask if anyone has heard of sequence of returns risk. Typically, no more than one hand in the room will go up. […]
Read More about What is Sequence of Returns Risk? And Why Should I Care?
Since beginning this blog, I’ve had more than a few requests to address long-term care insurance. So, I think today is as good a day as any to tackle these concerns. Here’s a sampling of […]
Read More about Why Long-term Care Insurance?
I was thinking this morning that I hadn’t yet scheduled my annual physical. Sometimes, when we believe we’re doing a good job at something, like taking care of ourselves, we forget to ask an expert’s […]
Read More about Retirement Plan Checkup – Are You Saving Enough?
When it comes to financial worries, our children’s college educations are right up there with healthcare costs and retirement planning. Here are some startling discoveries from a recent T. Rowe Price survey… 42% of parents […]
Read More about College Tuition: How Much Should You Be Saving?
A what IRA? Yes, there’s such a thing as a stretch IRA, but many have either never heard of it or have a misunderstanding for what it is. I was having lunch with a new […]
Read More about Is a Stretch IRA Right for You?