Social Security’s Big COLA Increase . . . Bahhh Humbug!
While a 5.9% increase sounds pretty impressive, you need to understand the “fine print” – that is, that the conditions that caused this increase are actually a source of some bad news.
Don’t Let Your Fears Distract You from Your Best Retirement
As today’s markets fluctuate coupled with all the uncertainty within our governmental systems, Americans seem to be feeling more fearful about the health of their investments. Here are few tips that may help those who struggle with financial paralysis.
Understand Inflation . . . Before It’s Too Late
Inflation, and it’s probable effects on our purchasing power in retirement, is a major retirement obstacle for many. While we’ve been in a historically low inflation environment for years, that’s changing quickly, and not for the better.
It’s All About Creating Options, Folks.
A sound retirement system is not comprised of just one investment. A solid retirement program must be diversified to address risk, income, taxes, inflation, healthcare expenses, and more.
Are Brokers and Broker-Dealers Coming Clean About How They’re Paid?
How much you are paying your advisor is a crucial component of your retirement system. In this weeks’ column, I demystify the various compensation methods and important considerations.
Kids . . . They are Expensive!!
Luckily, parents don’t need to “save up” hefty figures before they have children, but they certainly should consider these long-term costs and ensure they are ready – both mentally and financially – before committing to parenthood
Will Democrats End These Popular Retirement Planning Loopholes?
Changes in laws can happen at any time and have a dramatic effect on retirement plans. These changes all point to a crucial component of retirement planning – your retirement system is not a once-and-done task.
The ‘Backdoor Roth IRA Contribution’. Is it Right for You.
The “Backdoor Roth IRA Contribution” is a workaround that enables “high-income” savers to sidestep the income restrictions and reduce taxable income. So how does it work? Let me share the details with you.
Are You Harboring False Beliefs About Annuities?
If you don’t take time to truly understand financial concepts that affect your retirement, you could be making a mistake that has great consequences. One common misconception is a misunderstanding of fixed and fixed-indexed annuities.
Whatever Your Politics, We All Agree on One Thing – Retirement Security Is at Risk
There’s little difference between Democrats and Republicans in their belief that retirement security is a problem for the country. Reaching a secure retirement isn’t a left or right political consideration, it’s something we’re all reaching for.