We wanted to bring to your attention the recent increase in social media scams designed to entice you into fraudulent financial activities. We have probably all received the very real-looking – but fraudulent – emails that seem to come from PayPal, Amazon, Best Buy, and McAfee, which ask for us to contact them or to […]
It’s crucial for women to plan and take control of their finances just as much as it is for men. When an “if only” happens, if you haven’t prepared, you could be left with fewer choices. No matter if you’re single, married, divorced, or widowed, there are many reasons why women need to be involved
There have been some recent discussions about what the best way is to take out your RMD, and whether it is better to take it out in one lump sum or periodically throughout the year. One reason there has been a more vocal debate about this topic relates to the market’s volatility in the past
Nearing retirement can be a stressful time as we shift from working to provide an income, to needing our money to work at providing that dependable income. Many people underestimate the financial stress of this major shift and seek ways to lessen it. We may have some suggestions to do that. In addition to products
We’ve been having many conversations about the potential impact of the pending legislation, known as H.R.1, which proposes the elimination of the FERS annuity supplement, a move that could drastically alter the retirement landscape for federal workers. The potential impact on federal retirement benefits has sparked widespread debate and anxiety among those affected. If you
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The 2025 Annual Retirement Study from the Allianz Center for the Future of Retirement revealed that nearly two-thirds of Americans worry more about running out of money than about death. Many factors and economic pressures contribute to this fear of running out of money. Most cited either high inflation, social security not providing as much
Which are you more worried about? Read More »
According to a new Gallup survey, which interviewed 1,018 adults across America, the average reported retirement age has increased from age 57, where it was in 1991, to age 66. This trend of working longer and retiring later was attributed to an increased full retirement age for Social Security, a longer average life expectancy, and
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As we age, we are increasingly confronted by those younger who insist on pointing out “things have changed,” and they, as part of the younger generation (which they take pride in telling us we are not), know a better way to go about planning for the future than we do. While certainly, there are new
While there is no way of predicting how things will play out in the financial markets in the coming months, allowing yourself to become distracted and unsettled by volatility will likely lead to rash decisions that can disrupt your well thought out long-term plans. Instead, stay focused on what you can control. This means sticking
We all want to eventually retire, and a dream for many would be to retire rich. Choosing when is the best time to retire is one of life’s big decisions, and one that requires thought before taking the plunge. While financial markets should never be the main driver behind this decision, they inevitably can have
When is the Best Time? Read More »