One easy step to avoid disappointment in your retirement expectations is to complete a simple but effective exercise I developed. All you need is a pen and paper. Answer the following questions, and if you have a significant other, have them also create his or her own responses:
In 1964, Bob Dylan wrote the song, “The Times They Are a-Changin’.” As he sang those famous words, I wonder if he had any idea how much they would come to represent an entire generation of Americans.
Are you turning age 65 in 2018? Do you know how to go about registering to obtain your Medicare card?
It is very important to understand exactly what Medicare benefits are, so you can be prepared to pay the deductible and any co-payments, plus the uncovered services.
The Tax Cuts and Jobs Act was approved and is now the new law of the land.
While the majority of the media has covered the proposals for the changes as being a boon for the wealthy, they have missed discussing how the new tax laws affect most retirees.
Transitioning to retirement isn’t a simple process. Let’s talk about a few of the things that you can do to make this time of your life easier.
When a couple decides to get married, they are often lost in the moment and preparation for the “big event.” We have all heard about the let down when the honeymoon is over and reality sinks in.
For nearly 40 years, I’ve been providing financial guidance and advisory services to individuals, couples, multi-generational families and small businesses.
I have been dealing with the topic of the transition to retirement for the past 25 years. During this time, I’ve worked with clients considering retirement at many different times in their lives. Some have retired at the “normal” retirement age of 65 while others have retired by age 50 or deferred to age 75 and even 80.
The use of beneficiary designations is one issue that is not well understood and can lead to much confusion.
Most people think it is a simple matter of naming a person to receive certain assets by will or trust or naming them as a beneficiary of a retirement plan. I only wish it were that simple!