Our Retirement Blog

Understanding your Risk Tolerance

Greetings! I trust that this will find you well and enjoying life! How’s your ability to withstand short-term losses? This is the question at the core of any discussion of risk tolerance. Some people are able to ride through turbulence in the financial markets with a shrug while others suffer… ...

Preparing for Retirement

Greetings. I hope this finds you well and in good spirits! There is an enormous amount of research that points to the fact that we all have a chance to live longer in retirement than we anticipated. I saw a statistic recently that reported that all known medical information doubles… ...

Start Your New Year Right

Greetings! I trust that this will find you well and enjoying life. I believe strongly in a regular program of exercise. The benefits are many and speak for themselves. When I was younger I was a runner, until my body clearly let me know how hard it was on my… ...

Early Retirement Can Have A Big Price Tag

Greetings! I hope and trust that this finds you well and enjoying life. According to new research from Morningstar Investment Management, retiring early could be at least as hazardous to your wealth as a major market correction. It’s a significant issue because most pre retirees think they can manage and… ...

Electing Delayed Social Security Retirement Benefits

Greetings! I hope and trust that this finds you well and enjoying life. I find that navigating Social Security is one of the biggest unknowns and decisions retirees face. The following information on the decision and process of turning on Social Security should be helpful. You can elect to delay… ...

Tax Planning For Income

Greetings! I hope and trust that this finds you well and enjoying life. You don’t want to pay more in federal income tax than you have to. With that in mind, here are five things to consider when it comes to keeping more of your income. By deferring (postponing) income… ...

This May Help With Your Concerns About The Market

Greetings! I hope and trust that this finds you well and enjoying life. In the past few weeks (typical for an October), we have been experiencing more than we are accustomed to market volatility and it can’t help but create uncertainty. You wouldn’t be human if you didn’t fear loss.… ...

Here’s The Answers You’ve Been Looking For On Long Term Care

Greetings! I hope and trust that this finds you well and enjoying life. Many studies reveal that the greatest cost in retirement is related to health care. For some of us long-term care will occupy the lion share of the cost and we all need a long-term care plan. Some… ...

If You’re Retired You Just Got a Pay Raise

Greetings! I hope and trust that this finds you well and enjoying life. Please see the following article from the Wall Street Journal on big things happening with Social Security. And remember, once an increase is applied it’s permanent. By Eric Morath and Anne Tergesen Updated Oct. 11, 2018 2:49… ...

Market Pullbacks

Greetings! I hope and trust that this finds you well and enjoying life. It’s easy to get caught up in complacency when conditions are good, the sun is shining and the market is rising without interruption.  But, as we know intuitively (but often still forget), such conditions aren’t realistic or… ...

Retirement Confidence Improves for Workers, Declines for Retirees in Critical Areas

Greetings! I hope and trust that this finds you well and enjoying life. I believe that it is very important to be aware of and to examine the consensus of our society as a whole in ways that impact us as individuals. Every year the Employee Benefit Research Institute provides… ...

Investment Planning Throughout Retirement

Greetings! I hope and trust that this finds you well and enjoying life. Investment planning during retirement is not the same as investing for retirement and in many ways is more complicated. Your working years are your saving years. With luck, your income increases from year to year as you… ...

Improving Portfolio Performance with Asset Allocation

Greetings! I hope and trust that this finds you well and enjoying life. Asset allocation and diversification are both an art and science. Getting it right goes a long way toward insuring success with your portfolio. The following are the necessary considerations for developing effective asset allocation and diversification in… ...

Here’s Good News About Required Minimum Distributions (RMDs)

Greetings! I hope and trust that this finds you well and enjoying life. Week before last President Trump proposed changes involving Required Minimum Distributions (RMDs) from IRAs. In a nutshell the proposal extends the age in which a retiree must begin to take withdrawals. This is a positive and favorable… ...

When You Change Jobs How To Take Care of Your Retirement

Greetings! I hope and trust that this finds you well and enjoying life. When you change jobs, you need to decide what to do with the money in your 401(k) plan. Should you leave it where it is or take it with you? Should you roll the money over into… ...

Serving as an Estate’s Executor is Important

Greetings! I hope and trust that this finds you well and enjoying life. Being named as the executor of a family member’s estate is generally an honor. It means that person has been chosen to handle the financial affairs of the deceased individual and is trusted to help carry out… ...

Are HSAs – Health Savings Accounts a Good Idea?

Greetings! I hope and trust that this finds you well and enjoying life. Are health insurance premiums taking too big of a bite out of your budget? Do you wish you had better control over how you spend your health-care dollars? If so, you may be interested in an alternative… ...

The All Important Emergency Fund

Greetings! I hope and trust that this finds you well and enjoying life. Often overlooked in our retirement plans (and our working years, for that matter) is what I like to call a “rainy day fund” for emergencies. Most people don’t have one. That can be a problem for many… ...

Points to Consider When Setting a Retirement Savings Goal

Greetings! I hope and trust that this finds you well and enjoying life. Many Americans realize the how important it is to save for retirement, but knowing exactly how much you need to save to be secure is another matter entirely. Everyone’s situation is unique and it’s sometimes challenging to… ...

What is a Longevity Annuity?

Greetings! I hope and trust that this finds you well and enjoying life. You may hope to live to an old age, but a longer life means that you’ll have even more years of retirement to fund. You may even run the risk of outliving your savings and other income… ...