Imagine logging in to your pension portal and seeing two options. One option is a lump sum, where you might have done a double take because of the large amount. The other option includes a smaller monthly payment that could continue for life. Which option is worth more? But that might not be the best question…

A common question when people are nearing retirement or in retirement is, “How much of my money should be in ____?” They may be referring to stocks, bonds, or cash. An alternative approach to developing a retirement investment strategy starts with your time horizon: When will you need to use the money?

For many, summer is when families come together. We check the more obvious things: flights, medications, hotel reservations, and maybe passports if it’s an international trip. But families often overlook another kind of preparedness. If something unplanned happens while traveling…

I have heard many people state the basic rule of thumb for an inheritance account: if you want to keep your inheritance separate, don’t put it into a joint account. That means if you deposit an inheritance into a shared…

With the 24/7 news cycle, it’s hard to avoid breaking news headlines and checking your account balance. The truth is, I hear versions of this all the time: “I made the mistake of checking my account after listening to the news…

If you’re turning 65 or getting ready to retire and leave employer health coverage, you already have a lot on your to-do list. One Medicare deadline that’s easy to miss (and hard to fix later) is the six-month Medigap open enrollment window…

It’s that time of the year when tax documents start to appear. The 1099s, W-2s, Social Security, and pension statements all start arriving. And you might be wondering, did I overpay or underpay? So let’s address a common misconception…

Many of us like to think that we are being practical in an effort to be more efficient. This can be especially true when it comes to money later in life. We want a solution that feels simple, efficient, and doesn’t result in added stress…

Over the years, whether on television shows, articles, and financial sound bites, there has seemed to be a consistent message: claim Social Security as early as possible…

For the last few years, it felt like someone was always talking about Roth conversions. Whether it was finance shows on TV, newsletters, or seminars, this message was a constant: “Convert now while tax rates are low. Time is running out!” This was likely motivated by the Tax Cuts…