Many pre-retirees wonder if they should pay off their house before they go into retirement, or if it’s okay to still carry a mortgage in this phase of life. Jeff will give us some considerations when making this important decision and some common situations he sees with his clients.
Continue Reading Ep 18: Paying Off the HouseAuthor: Jeff Christian
Ep 17: Long Term Care
Long term care can be one of the biggest expenses in retirement, but many of us fail to plan for it. A lot of people are uncomfortable with thinking about mortality and avoid the planning altogether, while others don’t know where to start. On today’s show, we talk about the different ways you can plan for long term care and why you should get a plan for this financial aspect of retirement as soon as you can.
Continue Reading Ep 17: Long Term CareEp 16: Life Insurance
Life insurance is a financial tool that many people have strong opinions about one way or the other. It’s common to see some people praising this life insurance, while others claim it’s not so important. But what’s the truth about life insurance? Today, we discuss what life insurance is, the different policies, and who may be able to benefit from it.
Continue Reading Ep 16: Life InsuranceEp 15: Risk Tolerance
One of the most important factors in a financial plan is the amount of risk you have in your portfolio. You never want to lose sight of how much risk you are comfortable with because this can cause fear, worry, and irrational decisions. Risk varies from person to person, so it’s vital to get your risk tolerance customized to your comfort levels and not in a one-size-fits-all plan. Jeff talks about the considerations he goes through when determining someone’s risk and how a bucket strategy can be quite effective with risk concerns.
Continue Reading Ep 15: Risk ToleranceEp 14: 401(k) Rollovers
The 401(k) is one of the most common investment tools out there. A myriad of companies offer their own 401(k) plan and will often match a certain percentage to incentivize employees to contribute to the plan. As you get closer to retirement, you may consider doing a rollover. Some people choose to do this for safety. Investment options, tax implications, and much more. Jeff discusses the basic rules of rollovers and the positive attributes they can add to your retirement plan.
Continue Reading Ep 14: 401(k) RolloversSupplemental Health Insurance – Medigap
Greetings! I trust that you are well and enjoying life. Medicare won’t cover all of your health-care costs during retirement, so you may want to buy a supplemental medical insurance policy known as Medigap. Offered by private insurance companies, Medigap policies are designed to cover costs not paid by Medicare, helping…
Continue Reading Supplemental Health Insurance – MedigapAre Cryptocurrencies The Place To Be, Especially If We See More Inflation?
We’ve covered some of the characteristics of cryptos before, but with the ongoing spike in investor interest, the topic is worth revisiting. With any newer and harder-to-understand product, it’s important to take a step back and not lose sight of the forest for the trees. From that vantage point, a…
Continue Reading Are Cryptocurrencies The Place To Be, Especially If We See More Inflation?Qualified Longevity Annuity Contracts
Greetings! I hope this finds you well and enjoying life. I’ve been getting a lot of questions about the Treasury Department’s recent regulations that create a new type of annuity in the tax law called “Qualifying Longevity Annuity Contracts” (QLACs). This isn’t really a new type of annuity. This is simply a…
Continue Reading Qualified Longevity Annuity ContractsThe Power of a Written Plan
Greetings! I trust that this will find you well and enjoying life. Business owners and CEOs have written business plans. Ship captains chart their courses on nautical maps and doctors have written treatment plans for their patients. What these and most successful people all have in common is that they have written…
Continue Reading The Power of a Written Plan10 Years and Counting: Points to Consider as You Approach Retirement
Greetings! I hope this finds you well and enjoying life. If you’re a decade or so away from retirement you’ve probably spent at least some time thinking about this major life change. How will you manage the transition? Will you travel, take up a new sport or hobby, or spend more…
Continue Reading 10 Years and Counting: Points to Consider as You Approach Retirement