Retirement
Business Development For Financial Advisors: From Necessary Evil To Integrated Strategy
I’ve been in the financial advisory business for roughly 28 years—and for 28 of those years, I’ve had a challenging relationship with the notion of…
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If Your Drug Copay Is Outrageous, Your Medicare Part D Plan Might Not Cover It
We are only two weeks into the 2023 Medicare Open Enrollment Period, and I have encountered four people who are…
Financial Distress Leads To Surge In Early 401(k) Withdrawals, Bank Report Shows
A growing number of Americans are resorting to hardship withdrawals from their 401(k) accounts, a recent Bank of America report…
Financial Distress Fuels Rise In 401(k) Hardship Withdrawals
A recent report from Bank of America BAC found that a growing number of Americans are resorting to hardship withdrawals…
Why You Need To Check Your Aging Parent’s Credit Report
For a long time, we were entitled to only an annual credit report from the three reporting agencies: Equifax EFX…
Tax Planning For Your Second Home: 6 Things To Know And Some Options To Explore
People with second homes might not give much thought to the estate taxes that could be due when they die;…
If A Drug Copay Is Outrageous, Maybe Your Part D Plan Doesn’t Cover It
We are only two weeks into the Open Enrollment Period, and I have encountered four clients who are very dissatisfied.…
Your Estate Plan Must Be Coordinated To Work
Coordination is Critical and Often Ignored Everyone understands the need for certain critical estate planning documents such as a will…
How To Decide Where To Place Extra 401k Deferrals
As income rises, one of the bigger decisions that savers face is where to invest extra funds. If you’re already…
“Older Single Women Shouldn’t Retire Overseas,” And Other Myths Busted
“I’m an older single woman looking for a change. Is overseas retirement an option for me?” This is one of…
Tax Planning For Your Vacation Home
Many people with second homes do not give much thought to the estate taxes that could be due when they…
Retirement And Investing Consideration For Orthodox Jewish Families
Every community has social pressures that may cause an individual to make bad financial decisions. This is true regardless of…
The World’s Most Generous Tourist Visas For Americans
With digital nomadism taking off around the globe, people are wondering where they can travel—and stay—without having to apply for…
A Simple Framework For Activating Your Wealth
Across the financial landscape—the industry, the media, the blogosphere, the DIY community—virtually all attention is paid to attaining and sustaining…
Do You Think You Can’t Afford A 401(k)? Check Your W-4
If you are eligible for a company 401(k) plan, but haven’t signed up because you can’t afford to contribute to…
The New York Times Greedy Geezer Myth
With the regularity of Halley’s comet, but more frequent, the myth of the Greedy Geezer circles our orbit. The latest…
The $18.5M Elder Fraud Sweepstakes Scam
A lot of elders like to enter sweepstakes. They’re hoping for a big win, and a huge check, just as…
UAW Couldn’t Restore Ford Pensions, But There’s A Good Business Case For A Pension Renaissance
Ford Motor F Co. and the United Auto Workers (UAW) reportedly have reached a tentative agreement to end a 41-day…
Americans’ Retirement Savings Fall Short By Nearly $500,000
America’s retirement system is failing, reveals the new Fed Survey of Consumer Finances. True, retirement account balances are up from…