Our Retirement Blog

Reaching Retirement: Now What?

Greetings! I trust that you are well and enjoying life. You’ve worked hard your whole life anticipating the day you could finally retire. Well, that day has arrived! But with it comes the realization that you’ll need to carefully manage your assets so that your retirement savings will last. Traditional wisdom… ...

Six Keys to More Successful Investing

Greetings! I trust that you are well and enjoying life. A successful investor maximizes gain and minimizes loss. Though there can be no guarantee that any investment strategy will be successful and all investing involves risk, including the possible loss of principal, here are six basic principles that may help you… ...

Estimating Your Retirement Income Needs

Greetings! I trust that you are well and enjoying life. You know how important it is to plan for your retirement, but where do you begin? One of your first steps should be to estimate how much income you’ll need to fund your retirement. That’s not as easy as it sounds,… ...

Your Home As A Source Of Dollars In Retirement

Greetings! I trust that this will find you well and enjoying life. If you own a home, you may be wealthier than you think. The equity in your home could be one of your largest assets, especially if your mortgage has been paid down over the years or paid off.… ...

Should You Purchase Long-Term Care Insurance

Greetings! I trust that this will find you well and enjoying life. The longer you live, the greater the chances you’ll need some form of long-term care. If you’re concerned about protecting your assets and maintaining your financial independence in your later years, long-term care insurance (LTCI) may be for… ...

Supplemental 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… ...

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… ...

The 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… ...

10 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… ...

Using Your RMD to Benefit You Tax-Wise

Greetings! I hope that this finds you well and enjoying life! My experience has been that if a retiree hasn’t started taking money out of an IRA until they are “required” to, they don’t need the money and as having to take the distribution triggers income tax, they usually aren’t too… ...

Income Tax in Retirement

Greetings! I hope that this finds you well and enjoying life! During your retirement years, it’s important to pay close attention to the income tax consequences of your investment decisions. If you receive a great deal of investment income when retired, for instance, the taxation of your Social Security benefits… ...

How Investments Are Taxed

Greetings! I trust that this will find you well and enjoying life. It’s that time of the year again, it’s tax time. On any investment that is positioned outside of a tax shelter like an IRA or annuity you’re going to pay taxes on interest and dividend distributions. Taxes affect how… ...

Have You Checked Your Retirement Plan Lately?

Greetings! I trust that you are well and enjoying life. Have you checked your retirement plan lately? It’s generally a good idea to review your employer-sponsored retirement savings plan at least once each year and when major life changes occur. If you haven’t given your plan a thorough review within the… ...

Conducting a Home Inventory

Greetings! I trust that you are well and enjoying life. For the most part I write about ideas and issues related to retirement and prudent planning takes many forms. Today I want to write about a form of planning that can pay big dividends under the right (wrong) kind of circumstances.… ...

Planning How You Spend Your Time in Retirement

Greetings! I trust that this will find you well and enjoying life! In my role as a retirement planner, it has been interesting to observe how some individuals and couples seem to have more quality of life in retirement than others. This occurs for several reasons some financial and some… ...

A Quality of Life Discussion is Critical

Greetings! I trust that this finds you well and enjoying life. To live well in retirement, you have to embrace change and longevity planning. As you get older your circumstances will continue to change, sometimes rapidly. What doesn’t change is your desire to be independent, to have social connections that enrich your… ...

Steps To Having A Great Retirement

Greetings! I trust that this will find you well and enjoying life. What separates a great retirement from a good retirement? Often I observe in retirees that more than anything it’s a state of mind. Here are several ways to view life that when embraced, can do much to enrich your… ...

Merry Christmas

Greetings! I trust that this will find you well and in good spirits. Christmas, what a wonderful time of the year! Family is so important to Christmas. I hope you have an opportunity to experience your loved ones at this time of the year and become renewed through it. Giving is… ...

A Matter Of Personal Defense

Greetings! I trust that this will find you well and enjoying life. Cyber security is an issue that we all should be aware of and consider as far as the effect a cyber-attack can have on our lives. The internet is the tool that most of us use to conduct… ...

Year End Charitable Giving

Greetings! I trust that this will find you well and enjoying life. With the holiday season upon us and the end of the year approaching, we pause to give thanks for our blessings and the people in our lives. It is also a time when charitable giving often comes to mind.… ...