3 Retirement Costs to Watch Out For
Some surprises are great, like birthday parties, winning the lottery, and getting two candy bars from the vending machine. Others may not be as much fun, like taxes and unforeseen expenses. However, there are ways to help prepare for these expenses so that they’re not surprises. With a custom strategy in place to help cover…
Read MoreKeeping Your Brain Sharp in Retirement
Retirement planning forces us to make many decisions, as well as calculations. And while a professional can help you with those, it can also help to sharpen up your math skills. Calculating percentages and interest rates off the cuff this isn’t difficult, but it can be intimidating without pen and paper. After all, you haven’t…
Read MoreWill Inflation Erode Your Social Security Benefit’s Buying Power?
In 2019, Social Security benefits received a 2.8% increase[1] – the largest since 2012. But in 2020, benefits will only see a 1.6% increase[2]. Even though inflation is low right now, the cumulative effect of inflation has eroded the buying power of Social Security by a third since 2000[3] according to the Senior Citizens League.…
Read MoreTechnology of the Future: Invisibility Cloaks
Could you have imagined that there would be phones small enough to fit in your pocket, smart enough to talk to you, and with enough storage to hold more music than a room full of vinyl records? Technology has advanced at such a fast rate over the last 100 years that life as we know…
Read More3 Reasons to Plan for Long-Term Care Cost
A research study from the National Bureau of Economic Research estimated that an average 50-year old has approximately a 53% to 59% chance of entering a nursing home during their lifetime. And, 14% of people need long-term care for longer than five years. When you consider that the average rate for a private room in…
Read More4 Reasons Why You Should Travel In the Fall
Summer is over, but once you retire you can go on a vacation anytime of the year you want. And since people tend to go on vacation during the summer, the fall can be a good time to avoid crowds – as well as the heat. There’s really no good answer to the question of…
Read More4 Things to Understand About Taxes in Retirement
There are probably a few surprises in store for you in retirement, but your tax burden shouldn’t be one of them. Even if you don’t receive a paycheck anymore, it doesn’t mean you can’t have a plan to help minimize taxes in retirement. By understanding how different types of income are taxed, you can develop…
Read More8 Ways to Use Your Phone on Vacation
Do you plan on taking a vacation in retirement? If you do, there are many ways you can optimize your experience by using your phone. Your phone can be pretty much whatever you want it to be on vacation – a note pad, a map, even a flashlight. Here are eight ways to use your…
Read MoreWill You Retire in an Uncertain World?
With a trade war heating up, talk of impeachment, and turmoil in the middle east, the markets have experienced ups and downs. There are many voices out there telling us different things. Some say to sell and save yourself from the worst, others assure us that the market goes up over time and you have…
Read MoreBenefits of Pets
Once people retire and become empty nesters, they often enjoy their freedom to travel, make their own schedule, and have some time to themselves. But after a while, they might experience a lack of social connections and a loss of purpose that a career previously provided. There are so many ways to spend your free…
Read More