Archive for October 2018

There are 5 critical strategies that could help you make the most out of your IRA, 401K and other retirement accounts. Find out what they are on Retirement Solutions Radio show, “5 Critical 401K Strategies That Could Turbo-Charge Your Retirement!” Listen Now! Our firm assists retirees and pre-retirees in the creation of retirement strategies utilizing…

Given a choice, which would you choose: a guaranteed fixed income for the rest of your life, or a lump sum that you could invest? As it turns out, lots of people prefer a sure thing. This is what a recent survey showed about public sector employees posed with the option to select a defined…

When the economy thrives, consumers tend to spend more money. Unfortunately, many Americans have a habit of spending money they haven’t yet earned, so debt also tends to rise when things are going well. According to a new study by Northwestern Mutual, many Americans have accumulated nearly twice as much debt as savings. Specifically:1 The…

Market volatility is roaring back on Wall Street! What does this mean for you and your money? Learn 5 essential strategies that could help protect everything you’ve worked for on Retirement Solutions Radio show, “Market Volatility is Back on Wall Street. 5 Essential Strategies to Weather the Storm.” Listen Now! Our firm assists retirees and…

2018 marks the 10th anniversary of the Great Recession of 2008. Despite a painfully slow recovery, U.S. economic growth has been sustainable. The stock and bond markets continue to perform well, unemployment is low and the economy is generally considered healthy and booming. And yet, whenever things are going well, it’s only human nature to…

“And that’s the way it is.” This is how Walter Cronkite signed off at the completion of his CBS Evening Newscast, which he anchored from 1962 until 1981. Widely recognized as a trusted source to deliver the news, Cronkite was known for his honesty and impartiality.1 These days, it’s hard to find impartiality. Many cable…

What a difference a decade makes. After the real estate debacle of the Great Recession, home prices are now near record highs in many markets with mortgage default and foreclosure rates at near record lows, according to the National Association of Realtors, or NAR.1 However, Lawrence Yun, NAR’s chief economist, says some of America’s most…

Many Americans who enroll in original Medicare also purchase a supplemental insurance policy, colloquially known as “Medigap.” Medigap covers some or all of the out-of-pocket costs associated with original Medicare — deductibles, copayments and coinsurance — helping to reduce financial risk. However, there is a wide array of Medigap plans with a variety of different…

Planning when and how to claim Social Security benefits is as personal as an individual investment strategy. Several factors should be considered, such as your life expectancy, how long you expect to work, income potentially produced by other assets, how many individuals your benefits must support and how much you expect your retirement lifestyle to…

The total cost of Social Security will exceed its income resources this year for the first time since 1982.1 For now, trustees expect current taxes, interest income on reserves and trust fund asset reserves to provide the funding necessary for both Social Security and Medicare. However, trust fund reserves are projected to be depleted at…