Archive for September 2020

If you received a stimulus check last spring to help cope with the financial effects of the COVID-19 virus on your household, there’s something you should know. Those funds are technically an advance rebate of a special 2020 tax credit. Many taxpayers will be able to reconcile that rebate on their 2020 return to equal…

More than 90% of America’s older adults prefer to “age in place” in their own homes rather than in a senior housing community or facility.1 With today’s insight into how a deadly pandemic can affect nursing homes — as of September 6, COVID-19 has claimed nearly 55,000 nursing home residents’ lives — this preference may be…

A recent survey found that working households experiencing financial strain due to the pandemic have not been inclined to make withdrawals from their 401(k)s to help make ends meet. In fact, the vast majority haven’t even changed their rate of contributions. Instead, these households are relying on the “old standbys” of surviving during economic decline:…

Health care innovations that were slow to take root have suddenly taken off during this pandemic. Working from home used to be a luxury enjoyed by relatively few workers. Now it is seriously being considered as a workable, cost-saving, long-term solution for many companies. The same goes for what they call “digital health.” Things like…

You don’t want to be 80 years old, full of life, and flat broke.  Learn the strategies that could help you avoid running out of money in retirement.  Don’t miss Retirement Solutions Radio show, “How to Successfully Generate Income in Retirement So You Never Run Out of Money!“Listen Now! Our firm assists retirees and pre-retirees…

During the U.S.’s initial spring lockdown, the weather was rather temperate in most areas of the country. By the time COVID-19 outbreaks started becoming more rampant nationwide, summer was in full swing. This made for uncomfortable conditions in terms of social distancing guidelines. For example, the pandemic forced hundreds of restaurants to seat more patrons…

Do you have an IRA or 401K? A big chunk of this money … could literally be up for grabs when you retire. Don’t miss a special edition of  Retirement Solutions Radio show, “5 Things You Must Know About Your IRA and 401K Before You Retire“Listen Now! Our firm assists retirees and pre-retirees in the…

Overall, the U.S. residential real estate market has held up fairly well so far during the global pandemic. Industry experts say that the current economic decline is expected to affect retirement a bit differently than the Great Recession, largely due to housing prices remaining strong in many areas of the country.1   One reason is…

Planning for retirement has been turned on its head! Learn what you can do that you could help you retire successfully today on Retirement Solutions Radio show, “6 Ways Retirement Planning Has Been Turned on its Head!“Listen Now! Our firm assists retirees and pre-retirees in the creation of retirement strategies utilizing investment and insurance products.…