Our Retirement Blog

2018 Report From the Trustees of the Social Security and Medicare Trust Funds

Greetings! I hope and trust that this finds you well and enjoying life. Most Americans will receive Social Security and Medicare benefits at some point in their lives. For this reason, workers and retirees are concerned about potential program shortfalls that could affect future benefits. Each year, the Trustees of… ...

Pain at the Pump: Why Does it Cost More to Fill Your Tank?

Greetings! I hope and trust that this finds you well and enjoying life. In general we tend to drive more in the summer season than at other times of the year. I saw the following this week on gas prices and thought it might be of interest to you. The… ...

Asset Allocation

Greetings! I hope and trust that this finds you well and enjoying life. To further our discussion about investing basics and your retirement, this week let’s examine asset allocation. The combination of investments you choose for your retirement portfolio can be as important as your specific investments. The mix of… ...

Investing for Retirement with Mutual Funds

Greetings! I hope and trust that this finds you well and enjoying life. To further our discussion about investing basics and your retirement this week let’s examine mutual funds. You can invest in all three major asset classes of cash, stocks and bonds through mutual funds. In this form of… ...

Types of Retirement Plan Investments: Cash and Cash Alternatives

Greetings! I hope and trust that this finds you well and enjoying life.     To further our discussion about investing basics and your retirement this week let’s examine cash and cash alternatives. In daily life cash is all around you, as currency, bank balances, negotiable money orders, and checks.… ...

Types of Retirement Plan Investments: Bonds

Greetings! I hope and trust that this finds you well and enjoying life.   To further our discussion about investing basics and your retirement this week let’s examine bonds. How do bonds work? A bond is basically an IOU. Bonds, sometimes called fixed-income securities, are essentially loans to a corporation… ...

Types of Retirement Plan Investments: Stocks

Greetings! I hope and trust that this finds you well and enjoying life. To further our discussion about investing basics and your retirement this week let’s examine stocks. When you buy a company’s stock, you’re purchasing a share of ownership in that business. You become one of the company’s stockholders.… ...

Saving and Investing Wisely for Retirement

Greetings! I hope that this finds you well and enjoying life. Over the next few weeks I’m going to write about investing basics as they pertain to retirement. Nowadays most folks have access to an employer-sponsored retirement plan. So I will address the benefits of saving in an employer-sponsored retirement… ...

Can I Name a Charity as Beneficiary of my IRA?

Greetings! I hope that this finds you well and enjoying life. I have a case that I’m working on that involves naming a charity as beneficiary. I thought you might be interested in the following about this tax saving idea. Can I name a charity as beneficiary of my IRA?… ...

How Can I Protect Myself From Digital Deception

Greetings! I hope that this finds you well and enjoying life. I saw the following recently and felt that it can help to make your financial world more secure. How can I protect myself from digital deception? Imagine that you receive an email with an urgent message asking you to… ...

What Can I do to Crack Down on Robocalls

Greetings! I hope that this finds you well and enjoying life. It seems like lately I’ve been getting more and more robocalls. I saw the following information on dealing with robocalls and I thought it was worth passing on. You may not mind if a legitimate robocall provides a helpful… ...

The Transition Into Retirement/Retirement Income: The Three Legged Stool

Greetings! I hope that this finds you well and enjoying life. Traditionally, retirement income has been described as a “three-legged stool” comprised of Social Security, traditional employer pension income, or one that you create for yourself and individual savings and investments. With fewer and fewer individuals covered by traditional employer… ...

Healthcare Considerations in Retirement

Greetings! I hope that this finds you well and enjoying life. At any age, health care is a priority. When you retire, however, you will probably focus more on health care than ever before. Staying healthy is your goal, and this can mean more visits to the doctor for preventive… ...

The Transition Into Retirement/Asset Allocation

Greetings! I hope that this finds you well and enjoying life. Your asset allocation strategy in retirement will probably be different than the one you used when saving for retirement. During your accumulation years, your asset allocation decisions may have been focused primarily on long-term growth. But as you transition… ...

Charitable Contributions from IRAs

Greetings! I hope that this finds you well and enjoying life. I’m excited about the business of retirement. For some IRA holders there can be an effective way to give in a way that benefits the charity, benefits you and leaves the IRS out in the cold. Recently I have… ...

Reaching Retirement: Now What?

Greetings! I hope this finds you 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 to give them lasting potential. Traditional wisdom holds… ...

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… ...

Do You Plan to Work in Retirement?

Greetings! I hope this finds you well and enjoying life. An increasing number of employees nearing retirement plan to work for at least some period of time during their retirement years. The obvious advantage of working during retirement is that you’ll be earning money and relying less on your retirement… ...

Timing Is Everything

Greetings! I hope this finds you well and enjoying life. When it comes to transitioning into retirement, timing really is everything. The age at which you retire can have an enormous impact on your overall retirement income situation, so you’ll want to make sure you’ve considered your decision from every… ...

Are You Ready To Retire?

Greetings! I hope this finds you well and enjoying life. Are You Ready to Retire? The question is actually more complicated than it first appears because it demands consideration on two levels. First, there’s the emotional component. Are you ready to enter a new phase of life? Do you have… ...