Our Retirement Blog

What is a Qualifying Longevity Annuity Contract (QLAC)?

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… ...

The Future of Social Security

Greetings! I hope this finds you well and enjoying life. I get a lot of questions from clients about the future of Social Security. It’s wise to stay on top of what’s going on with it. Every year, the Trustees of the Social Security and Medicare Trust Funds release reports… ...

Leaving It All Behind

Greetings! I hope that this finds you well and enjoying life. When developing your estate plan, you can do well by doing good. Leaving money to charity rewards you in many ways. It gives you a sense of personal satisfaction, and it can save you money in estate taxes. I… ...

Saving for Retirement and a Child’s Education at the Same Time

Greeting! I hope that this finds you well and enjoying life. You want to retire comfortably when the time comes. You also want to help your child go to college. So how do you juggle the two? The truth is, saving for your retirement and your child’s education at the… ...

Roth IRA Conversions

Greeting! I hope that this finds you well and enjoying life. With the lure of tax-free distributions, Roth IRAs have become increasingly popular retirement savings vehicles. According to the 2016 Investment Company Fact Book, 20 million U.S. households (about 16.3%) owned Roth IRAs in 2015. There are three ways to… ...

Second Quarter Client Letter 2017

July 10, 2017 Dear Client, Happy Summer! It has been an awfully good year in most of the capital markets so far. Just like a south Louisiana summer day with blue skies and bright sunshine, most stock markets have happily been rising and the economy has been chugging along. Bonds… ...

Trimming Your Tax Bill in Retirement

Greeting! I hope that this finds you well and enjoying life. A tax dollar not paid is a dollar in your pocket. Here are some tips that may assist you in trimming your tax bill in retirement. Give yourself options with the types of investment retirement accounts you own. Having… ...

Stretch IRAs

Greetings! I trust that you are well and enjoying life. The term “stretch IRA” has become a popular way to refer to an IRA (either traditional or Roth) with provisions that make it easier to “stretch out” the time that funds can stay in your IRA after your death, even… ...

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 financial planning takes many forms. Today I want to write about a form of planning that can pay big dividends under the right (wrong) kind… ...

Buying 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,… ...

The Cost of Healthcare in Retirement

Greetings. I trust that you are well and enjoying life. For most of us the major expense in retirement that is the great unknown is what the cost of health care will be. We can do forecasting and projections on all other types of expenses and have a pretty good… ...

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… ...

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… ...

Stick to the Plan

Greetings! I trust that you are well and enjoying life. This week I want to deviate from my usual intro to the market update and the general information on finance and retirement planning that I provide. I don’t know about you, but a new norm that I am experiencing is… ...

Understanding Probate

Greetings! I trust that you are well and enjoying life. I get a lot of questions about probate. I think a big part of the reason is because of the attorney’s that sell revocable living trusts and the way that they promote them as a cure all for probate. A… ...

This is Serious Stuff

Greetings! I trust that you are well and enjoying life. Human nature often avoids planning for the unexpected, especially complications that involve our health and life span. However, life always works best with advanced planning. Continuing our theme on issues involving estate planning, today’s topic is about planning for incapacity.… ...

An Introduction to Estate Planning

Greetings! I trust that you are well and enjoying life. Having been involved with helping people financially for as long as I have, I’ve seen a lot of life situations some we celebrate and some we just get through the best that we can. An unexpected death is the worst… ...

Let’s Talk About Risk

Greetings! I trust that this will find you well and enjoying life. Allowing for the fact that we are in the ninth year of a bull market and the market being at an all-time high, it’s probably a better time than others to examine the concept of financial risk. Few… ...

Handling Market Volatility

Greetings! I trust that this will find you well and enjoying life. Handling market volatility. Conventional wisdom says that what goes up, must come down. We’re in the ninth year of a bull market and the second longest running bull market in history. But even if you view market volatility… ...

Taxation of Investments

Greetings! I trust that this will find you well and enjoying life. It’s that time of the year again and I’m not talking Mardi Gras, I’m talking tax time. On any investment that is positioned outside of a tax shelter like an IRA or annuity you’re going to pay taxes… ...