Broker Check
(908) 333-0885
glad.perez@aurorapw.com
Client Logins

Blog

What’s on our mind? You can read about it in our blog. Whether it’s ideas from the industry or emerging trends, you can read about it here. And once in a while, we may throw in a movie review or some other surprise. So keep checking in. We’re glad to have you reading along.

Sunday, October 29, 2023

Insurance Needs Assessment: For Empty Nesters and Retirees What you need to know. With the children now out of the house, financial priorities become more focused on preparing for retirement. At this stage, you may very likely be at...

Sunday, September 10, 2023

Social Security: The Elephant in the Room What you need to know. For most Americans, Social Security has represented nothing more than some unavoidable payroll deduction with the positively cryptic initials of "FICA" and "OASDI"...

Sunday, August 6, 2023

Your Changing Definition of Risk in Retirement What you need to keep in mind. During your accumulation years, you may have categorized your risk as “conservative,” “moderate,” or “aggressive” and...

Sunday, July 23, 2023

The Basics of MedicareWhat you need to know.Medicare is the federal government program that provides health care coverage (health insurance) if you are 65+, under 65 and receiving Social Security Disability Insurance (SSDI) for a...

Sunday, July 9, 2023

The Sequence of ReturnsWhat you need to know.What exactly is the "sequence of returns"? The phrase describes the yearly variation in an investment portfolio's rate of return. But what kind of impact do these deviations from the average...

Show All

Monday, June 19, 2023

Navigating Retirement PitfallsHow to avoid costly mistakes.Much is written about the classic financial mistakes that plague start-ups, family businesses, corporations, and charities. Some classic financial missteps have been known to...

Sunday, May 21, 2023

Eight Mistakes That Can Upend Your RetirementWhat you need to know.Pursuing your retirement dreams is challenging enough without making some common, and very avoidable, mistakes. Here are eight big mistakes to steer clear of, if...

Sunday, May 7, 2023

Important Birthdays Over 50What you need to know.Most children stop being "and-a-half" somewhere around age 12. Kids add "and-a-half" to make sure everyone knows they're closer to the next age than the last.When you are older,...

Sunday, April 23, 2023

Helpful Retirement Strategies for WomenPlanning for your future.Preparing for retirement can look a little different for women than it does for men. Although stereotypes are changing, women are still more likely to serve as caretakers...

Sunday, April 16, 2023

Does Your Portfolio Fit Your Retirement Lifestyle?Plan now for later.Most portfolios are constructed based on an individual's investment objective, risk tolerance, and time horizon.Using these inputs and sophisticated...

Sunday, April 9, 2023

Immediate vs. Deferred AnnuitiesWhich one is right for you?Despite not being as well known as some other retirement tools, annuities account for 6% of all assets earmarked for retirement. With about $2.6 trillion in assets, annuities...

Sunday, March 5, 2023

Retirement Seen Through Your EyesPlan your future.How do you picture your future? Some see retirement as a time to start a new career. Others see it as a time to travel. Still others plan to spend more time with family and friends....

Sunday, February 26, 2023

How Women Can Prepare For RetirementWhen our parents retired, living to 75 amounted to a nice long life, and Social Security was often supplemented by a pension. The Social Security Administration (SSA) estimates that today’s...

Monday, February 20, 2023

Breaking Down The Parts Of MedicareDo your homework.Generally, the different parts of Medicare help cover specific services. Most beneficiaries choose to receive their Parts A and B benefits through Original Medicare, the traditional...

Sunday, February 12, 2023

SECURE Act 2.0 – An OverviewWhat you need to know.In the final days of 2022, Congress passed a new set of retirement rules designed to facilitate contribution to retirement plans and access to those funds earmarked for retirement...

Sunday, February 5, 2023

9 Facts About Social SecurityTest your social security knowledge.Social Security's been a fact of retirement life ever since it was established in 1935. We all think we know how it works, but how much do you really know? Here...

Monday, January 16, 2023

A Decision Not Made Is Still A DecisionDecide today to invest in your future.Whether through inertia or trepidation, investors who put off important investment decisions might consider the admonition offered by motivational speaker...

Sunday, January 8, 2023

9 Facts About RetirementRetirement can have many meanings.For some, it will be a time to travel and spend time with family members. For others, it will be a time to start a new business or begin a charitable endeavor. Regardless of...

Tuesday, January 3, 2023

IRA Deadlines Are Approaching Here is what you need to know.Financially, many of us associate the spring with taxes – but we should also associate December with important Individual Retirement Account (IRA) deadlines. This year,...

Sunday, November 6, 2022

New Retirement Contribution Limits for 2023 Near-record levels.The Internal Revenue Service has released new limits for the coming year. After months of high inflation and financial uncertainty, some of these cost-of-living-based...

Sunday, October 30, 2022

End-of-the-Year Money Moves Here are some things you might consider before saying goodbye to 2022.What has changed for you in 2022? This year has been as complicated as learning a new dance for some. Did you start a new job or leave a...

Sunday, October 16, 2022

Should We Reconsider What “Retirement” Means?The notion that we separate from work in our sixties may have to go.An executive transitions into a consulting role at age 62 and stops working altogether at 65; then, he becomes...

Sunday, October 9, 2022

Managing Probate When Setting Up Your EstateWhat can you do to help your heirs?The probate process can be expensive for some estates. Settling an estate through probate can cost you both time and money. It could take up to a year for...

Sunday, September 25, 2022

Annual Financial To-Do List Things you can do for your future as the year unfolds.What financial, business, or life priorities do you need to address for the coming year? Now is an excellent time to think about the investing, saving,...

Sunday, September 18, 2022

Should You Prepare to Retire on 80% of Your Income?Examining a long-held retirement assumption.A classic retirement preparation rule states that you should retire on 80% of the income you earned in your last year of work. Is this old...

Sunday, September 4, 2022

5 Retirement Concerns Too Often OverlookedBaby boomers entering their “second acts” should think about these matters.Retirement is undeniably a major life and financial transition. Even so, baby boomers can run the risk of...

Sunday, August 21, 2022

3 Ways The Inflation Act Could Impact YouThe Inflation Reduction Act was signed into law last week.Have you heard? The Inflation Reduction Act was signed into law on Tuesday, August 16. While the $430 billion package includes...

Sunday, August 14, 2022

Buying LowA market downturn can have a potential upside for retirement savers.You wake up, and markets are down. Wall Street has turned pessimistic, and the gloom seems pervasive. The good news is, if you are saving for retirement and...

Sunday, August 7, 2022

Required Minimum Distributions 101 Understanding mandatory retirement account withdrawals.If you are approaching your seventies, get ready for required minimum distributions. You may soon have to take RMDs, as they are called, from one...

Sunday, July 31, 2022

What Happens When There Are No Beneficiaries Where do those accounts and policies end up?Some accounts have no designated beneficiary. Rarely, the same thing occurs with insurance policies. This is usually an oversight. In exceptional...

Sunday, July 17, 2022

Getting Disability Income The facts about applying for SSDI and SSDI benefits.If you cannot work due to a disability, you might be eligible for Social Security Disability Income (SSDI). These federal government payments could offer you...

Sunday, July 10, 2022

The Behavior Gap and Your Financial Health How might it affect you?“It turns out my job was not to find great investments but to help create great investors,” writes Carl Richards, author of “The Behavior Gap.”...

Sunday, June 26, 2022

Creating a Retirement StrategyMost people just invest for the future. You have a chance to do more.Across the country, people are saving for that “someday” called retirement. Someday, their careers will end. Someday, they...

Sunday, June 12, 2022

Rehearsing for RetirementTry living as a “retiree” for a month or two before you commit to leaving your career. Imagine if you could preview your retirement in advance. In a sense, you can. Financially and mentally, you can...

Sunday, June 5, 2022

Couples Retiring on the Same PageAgreeing about what you want from retirement is crucial.What does a good retirement look like to you? Does it resemble the retirement that your spouse or partner has in mind? It is at least roughly...

Sunday, May 22, 2022

Sunday, May 15, 2022

Sunday, May 8, 2022

Sunday, May 1, 2022

Sunday, April 24, 2022

Sunday, April 17, 2022

Sunday, April 10, 2022

Sunday, April 3, 2022

Sunday, March 27, 2022

Sunday, March 20, 2022

Sunday, March 13, 2022

Sunday, March 6, 2022

Sunday, February 27, 2022

Monday, February 21, 2022

Sunday, February 13, 2022

Sunday, February 6, 2022

Sunday, January 30, 2022

Sunday, January 23, 2022

Sunday, January 9, 2022

Sunday, December 26, 2021

Sunday, December 12, 2021

Sunday, December 5, 2021

Sunday, November 28, 2021

2022 Contribution Limits Is it time to contribute more? Preparing for retirement just got a little more financial wiggle room. This week, the Internal Revenue Service (IRS) announced new contribution limits for 2022. Staying put for...

Sunday, November 21, 2021

FANNG is Now MAMAA Wise investors take the “big picture” view. CNBC’s Mad Money host Jim Cramer created the popular FAANG acronym to denote some of the largest, most powerful companies in the world: Facebook, Amazon,...

Sunday, November 14, 2021

Estate Taxes May Be Amended Soon What to know about the budget reconciliation bill. To help raise revenue to pay for President Biden’s Build Back Better Plan, Congress is considering a number of tax law changes, including...

Sunday, November 7, 2021

Wise Decisions with Retirement in Mind Certain financial & lifestyle choices may lead you toward a better future. Some retirees succeed at realizing the life they want; others don’t. Fate aside, it isn’t merely a matter of...

Sunday, October 31, 2021

Cash Alternatives for Charitable Giving Thinking about donating? Think of these choices. The year is winding down, and you may be thinking of giving. In fact, you may want to explore the different ways in which you can donate to a...

Sunday, October 24, 2021

The Social Security Administration Announces 2022 COLA 5.9% is the biggest COLA increase in decades. On October 13, 2021, the Social Security Administration (SSA) officially announced that Social Security recipients will receive a 5.9...

Sunday, October 17, 2021

Ready for Medicare Open Enrollment? Enrollment period begins October 15. Medicare’s annual open enrollment period begins October 15 and ends December 7. During this time, current Medicare beneficiaries have the option to adjust...

Sunday, October 10, 2021

End-of-the-Year Money Moves Here are some things you might consider before saying goodbye to 2021. What has changed for you in 2021? For some, this year has been as complicated as learning a new dance. Did you start a new job or leave...

Sunday, October 3, 2021

Annual Financial To-Do List Things you can do for your future as the year unfolds. What financial, business, or life priorities do you need to address for the coming year? Now is an excellent time to think about the investing, saving,...

Sunday, September 26, 2021

The Underutilized Benefits of a Health Savings Account Tax benefits and new contribution limits. Healthcare can be one of the priciest yet essential parts of life’s journey. And yet, many struggle to utilize the financial tools...

Sunday, September 19, 2021

Could Custodial IRAs Help Young Adults Buy Homes? Some parents and grandparents have that possibility in mind. Individual Retirement Arrangements (IRAs) are for retirement saving, right? Absolutely. Is that their only purpose? Not...

Sunday, September 12, 2021

The Need for Power of Attorney POAs and other advanced directives are becoming more important. The point of the POA. A power of attorney (POA) is a legal instrument that delegates an individual’s legal authority to another person...

Monday, September 6, 2021

401(k) Millionaires What does this mean for your overall retirement strategy? Your workplace retirement account can play a critical role in your overall retirement strategy. However, some have gone further with the accounts than others...

Sunday, August 29, 2021

The Wall of Worry You've got plenty of choices these days. Have you ever heard the Wall Street expression, "markets climb a wall of worry?" It's the idea that financial markets are constantly on edge. Traders fret about how long a...

Sunday, August 22, 2021

How U.S. Savings Bonds Work How to keep track of your savings bonds’ maturity dates. Did you buy U.S. Savings Bonds decades ago? Or did your parents or grandparents purchase them for you? If they’re collecting dust in a...

Sunday, August 15, 2021

A 6.1% Bump in Social Security? COLA and Social Security. The news keeps getting better for Social Security recipients. It's now projected that benefits will increase 6.1% in 2022, up from the 4.7% forecast just two months ago. That...

Sunday, August 8, 2021

The Cost Of A Gold Medal The actual value of the medal. The 2020 Tokyo Olympics wrap up with closing ceremonies on August 8, and it’s been an Olympic games like no other. We’ve watched the world’s finest athletes go...

Sunday, August 1, 2021

Conducting Your Mid-Year Financial Checkup The midpoint of the year is a great time to review your financial position. With June officially behind us, it’s time to face the facts: we’re headed toward the second half of 2021...

Sunday, July 25, 2021

Ways to Fund Special Needs Trusts A look at the different choices & strategies. If you have a child with special needs, a trust may be a financial priority. There are many crucial goods and services that Medicaid and Supplemental...

Sunday, July 18, 2021

Insurance When You Marry After 40 With people marrying later in life these days, coverage has become even more important. When you marry, you buy life insurance. Right? You buy it out of consideration for your spouse, and also realize...

Sunday, July 11, 2021

The Cryptocurrency Conundrum It’s more important than ever to be aware of your risk tolerance. Recently, you may have seen a number of major cryptocurrencies fall thanks to a continuing sell-off that began last week. In fact,...

Monday, July 5, 2021

Summer Travel is Back! Summer travel stats show an industry in recovery. One of the most anticipated comebacks of 2021 isn’t an athlete, rock star, or movie franchise. It’s summer travel, and it appears to be back with a...

Sunday, June 27, 2021

Are You Ready for the Second Act of the SECURE Act? Some potential benefits of the Securing a Strong Retirement Act. Recently, you may have seen headlines regarding the Securing a Strong Retirement Act, also referred to as the second...

Sunday, June 20, 2021

A COLA With Your Social Security? Preliminary estimates call for a 4.7% cost-of-living increase.1 If there is a "silver lining" to all the inflation talk, it may be that Social Security benefits are expected to see a larger-than-normal...

Sunday, June 13, 2021

Baseball’s $300 Million Players Even ballplayers prepare for the future. The San Diego Padres signed infielder Fernando Tatis, Jr., to a 14-year, $340 million contract roughly one year after the Los Angeles Dodgers inked...

Sunday, June 6, 2021

Tax & Estate Strategies for Married LGBTQ+ Couples In this age of marriage equality, there are new possibilities. The 2015 Obergefell v. Hodges Supreme Court decision streamlined tax and estate strategizing for married LGBTQ+ couples....

Monday, May 31, 2021

Cyberattack – CPI Hit In The Wallet Long lines and closed gas stations in many regions. A cyberattack shut down a major gas and energy pipeline supplying the East Coast of the United States for several days. The actual pipelines...

Sunday, May 23, 2021

2021 Retirement Confidence Survey A deep dive into workers' expectations in retirement versus actual income sources. Will your retirement dreams match your reality? That's perhaps the most critical question to ask people who are...

Sunday, May 16, 2021

What in the World Are NFTs? A Look at Non-Fungible Tokens. Non-fungible tokens, or NFTs, have been the recipient of the latest buzz. NFTs are digital files attached to blockchain codes. If you know anything about digital currencies,...

Sunday, May 9, 2021

“Green Shoots” in the Economy Some examples to consider. Investors looking for "green shoots" to confirm that the economy is on the mend have seen plenty of examples in recent weeks. Retail sales rose 9.8% in March, the...

Sunday, May 2, 2021

Life Insurance with Extended-Care Riders As conventional extended-care policies grow costlier, alternatives have emerged. The COVID-19 pandemic has changed extended-care policies. While the specific policy information varies from...

Sunday, April 25, 2021

The Shred Party What should you get rid of and hold on to? When and why? If a shred party happens to spring up in your area, you may want to mark your calendar. For many years, shred parties, where a business or organization hosts...

Sunday, April 18, 2021

Are Americans Saving Too Much? American spending habits have taken a clear direction. Among the many changes arising from the pandemic, one of the most noticeable was a change in American spending habits. A survey released in March...

Sunday, April 11, 2021

Guarding Against Identity Theft Take steps so criminals won’t take vital information from you. America is enduring a data breach problem. As many workers traded in the office for remote work, data security has been a focus for...

Sunday, April 4, 2021

The Many Forms of Fixed Income Looking for yield? Treasuries aren’t your only choice.You want to draw some income while preserving some of your capital. So, you decide to take a look at fixed-income investments. A little research shows...

Sunday, March 28, 2021

The Emergence of ESG Investing How generational and societal change is influencing companies and the markets. ESG: what does that acronym stand for? Those three letters stand for "Environmental, Social, and Governance" and signify an...

Sunday, March 21, 2021

Understanding Extended Care The important question: are you prepared? Addressing the potential threat of extended care expenses may be one of the biggest financial challenges for individuals who are developing a retirement strategy....

Sunday, March 14, 2021

Tax Efficiency in Retirement What role should taxes play in your investment decisions? Will you pay higher taxes in retirement? Do you have a 401(k) or a traditional IRA? If so, you will receive income from both after age 72. However,...

Sunday, March 7, 2021

The New Inherited IRA Rules Do you know what has changed for IRA beneficiaries? New inherited IRA rules took effect on January 1, 2020. The Setting Every Community Up for Retirement Enhancement (SECURE) Act became law on that day,...

Sunday, February 28, 2021

Should You Consider Refinancing Your Mortgage? What to consider. Are you considering refinancing your mortgage? Perhaps you want to shorten the term of your home loan. Maybe you have an adjustable-rate mortgage now and want to refi...

Sunday, February 21, 2021

Retirement Seen Through Your Eyes After you leave work, what will your life look like? How do you picture your future? If you are like many contemplating retirement, your view is likely pragmatic compared to that of your parents. That...

Sunday, February 14, 2021

Retirement Questions That Have Nothing to Do With Money Think about these factors before you leave work for the last time. Retirement planning is not entirely financial. Your degree of happiness in your “second act” may...

Sunday, February 7, 2021

Tax Filing Season Is a Little Later This Year What to know and dates to remember Recently, the Internal Revenue Service (I.R.S.) announced that tax season will start a little later than usual. This year the I.R.S. will begin accepting...

Sunday, January 31, 2021

1099 Forms Explaining the many types of 1099 forms and their uses. What is a 1099 form? This is a record of payment from an individual or entity, showing a payment, generated for your records. The individual/entity sends a copy to both...

Sunday, January 24, 2021

2021 Off to a Fast Start Market volatility continues into the new year. The first week of 2021 has already had many ups and downs. Just because it’s a new year doesn’t mean that the 2020 issues go away, and so far, 2021 has...

Sunday, January 17, 2021

Do Our Biases Affect Our Financial Choices? Even the most seasoned investors are prone to their influence. Investors are routinely warned about allowing their emotions to influence their decisions. However, they are less routinely...

Sunday, January 10, 2021

Group Life Insurance for a Growing Business? Companies adding employee benefits may want to consider it. As companies grow and add employees, they also add employee benefits. Retirement and medical plans can be provided, but what about...

Sunday, January 3, 2021

2020 IRA Deadlines Are Approaching Here is what you need to know. Financially, many of us associate April with taxes – but we should also associate April with important IRA deadlines. April 15, 2021 is the deadline to take your...

Sunday, December 27, 2020

Building a Healthy Financial Foundation How many pieces do you have in place? When you read about money matters, you will sometimes see the phrase, “getting your financial house in order.” What exactly does that mean? When...

Sunday, December 20, 2020

Retirement Blindspots Some life and financial factors that can sometimes be overlooked. We all have our “blue sky” visions of the way retirement should be, yet our futures may unfold in ways we do not predict. So, as you...

Sunday, December 13, 2020

Cash Balance Plans Should professional practices look into them? In corporate America, pension plans may be fading away. Only 14% of Fortune 500 companies offered them to full-time employees in 2019. In contrast, legal, medical,...

Sunday, December 6, 2020

What Do I Do With All of This Money? Just because it’s a nice problem, doesn’t mean it’s not still a problem. Here’s a scenario for you: You pick up what appears to be a lottery ticket. You check the numbers for...

Sunday, November 29, 2020

Interest Rates and Your Mortgage What you need to know. With the Federal Reserve keeping interest rates at or near zero, you may wonder about your mortgage. Is it a good time to refinance or even pay off the debt entirely? After all,...

Sunday, November 22, 2020

2021 Limits for IRAs, 401(k)s and More Numbers to know for the new year. On October 26, the Treasury Department released the 2021 adjusted figures for retirement account savings. Although these adjustments won’t bring any major...

Sunday, November 15, 2020

How and When to Sign Up for Medicare Breaking down the enrollment periods and eligibility. Medicare enrollment is automatic for some. For those receiving Social Security benefits, the coverage starts on the first day of the month you...

Sunday, November 8, 2020

Managing Money as a Couple What are the keys to prepare to grow wealthy together? When you marry or simply share a household with someone, your financial life changes—and your approach to managing your money may change as well....

Sunday, November 1, 2020

The Social Security Administration Announces 2021 COLA What you should know about the most recent cost-of-living adjustment. On October 13, 2020, the Social Security Administration (SSA) officially announced that Social Security...

Sunday, October 25, 2020

Year-End Estate Strategies What you need to know to get ready for the end of the year. With one year ending and a new one on the cusp of starting, many people will consider their resolutions—not their estate strategy. But the end...

Sunday, October 18, 2020

Managing Drug Costs How can households meet the challenge? Are prescription drug costs burdening your finances? Some people find it a challenge to manage the cost of prescription drugs. Americans pay an average of $1,200 per year for...

Sunday, October 11, 2020

End-of-the-Year Money Moves Here are some things you might consider before saying goodbye to 2020. What has changed for you in 2020? For many, this year has been as complicated as learning a new dance. Did you start a new job or leave...

Sunday, October 4, 2020

Annual Financial To-Do List Things you can do for your future as the year unfolds. What financial, business, or life priorities do you need to address for the coming year? Now is an excellent time to think about the investing, saving,...

Sunday, September 27, 2020

Dow 30 Changes Its Starting Lineup What you should know about the change. The Dow Jones Industrial Average (DJIA), one of the most widely followed stock market indices, has made some key changes to its starting lineup. Salesforce.com,...

Sunday, September 20, 2020

How Much Do You Really Know About Extended Care? Separating some eldercare facts from eldercare myths. How much does eldercare cost, and how do you arrange it when it is needed? The average person might have difficulty answering those...

Sunday, September 13, 2020

Taxable Events in Retirement Accounts What triggers a tax liability for an individual or a trust? When you distribute, sell, or receive assets from a retirement account, taxes usually follow. It is true for individuals; it is true for...

Monday, September 7, 2020

Get Your FAFSA Ready The application window for federal student loans opens on October 1. Mark this date on your calendar: October 1. That is the day when current and future traditional college students can start submitting the Free...

Sunday, August 30, 2020

What Are Stock Splits? Here's what you need to know... Two high-profile companies—Apple and Tesla—have announced stock splits in the past few weeks, which makes it a great time to discuss what’s involved when a...

Sunday, August 23, 2020

The A, B, C & D of Medicare Breaking down the basics. Whether your 65th birthday is on the horizon or decades away, understanding the different parts of Medicare is critical, as this government-sponsored program may play a role in your...

Sunday, August 16, 2020

Strategic vs. Tactical Investing How do these investment approaches differ? Ever heard the term “strategic investing”? How about “tactical investing”? At a glance, you might assume that both these phrases...

Sunday, August 9, 2020

Starting a Roth IRA for a Teen This early financial decision could prove helpful over time. Want to give your child or grandchild a great financial start? A Roth IRA might be a choice to consider. There are many reasons why starting a...

Sunday, August 2, 2020

30-year Home Loans Fall to Historic Lows Investors and homebuyers take note. Lately, it can feel like each day brings a new headline about fluctuating market behavior. But amid the ups and downs of 2020, there may be some potential...

Sunday, July 26, 2020

Keep Your Life Insurance When You Retire Some good reasons to retain it. Do you need a life insurance policy in retirement? One school of thought says no. The kids are grown, and the need to financially insulate the household against...

Sunday, July 19, 2020

Making a Charitable Contribution There are benefits and limitations when you decide to donate stock. Why sell shares when you can gift them? If you have appreciated stocks in your portfolio, you might want to consider donating those...

Sunday, July 12, 2020

A Stock Market Lesson to Remember Confidence can quickly erode, but it can also quickly emerge. Undeniably, spring 2020 has tried the patience of investors. An 11-year bull market ended. Key economic indicators went haywire. Household...

Sunday, July 5, 2020

What Determines Car Insurance Rates? Driver history is just one factor; there are many others. Your auto insurance premium is based on more than your driving history. The amount you pay for auto insurance is determined by a complicated...

Sunday, June 28, 2020

Before You Claim Social Security... A few things you may want to think about before filing for benefits. Whether you want to leave work at 62, 67, or 72, claiming the retirement benefits you are entitled to by federal law is no casual...

Sunday, June 21, 2020

Retirement Plan Options for Small Businesses The SECURE Act and CARES Act may complicate the decision. As a small-business owner, figuring out retirement choices can be a little intimidating. How do you pick the most appropriate...

Sunday, June 14, 2020

Who Is Your Trusted Contact? This vital investment account question should be answered sooner rather than later. Investment firms have a new client service requirement. They must now ask you if you would like to provide the name and...

Sunday, June 7, 2020

Eldercare Choices in the COVID-19 Era Exploring your extended care options may be wise at this time. Given the threat of COVID-19, seniors today may be considering their extended care alternatives with extra caution.1 In addition to...

Sunday, May 31, 2020

Details on the Tax Deadline Extension The I.R.S. is giving you three additional months to file and pay. The Internal Revenue Service knows that many taxpayers have had a stressful spring. So, it has reset the federal tax deadline. You...

Monday, May 25, 2020

The Pros and Cons of Early Retirement Plan Rollovers Should you withdraw and reinvest your retirement plan money while you are still on the job? Did you know you might be able to take some or all of the money in your 401(k), 403(b), or...

Sunday, May 17, 2020

May is Disability Insurance Month What it is...and why it's important. Did you know that May is Disability Insurance Awareness Month? First started in 2007, the month of May was the first time that information about disability...

Sunday, May 10, 2020

FAQs About the 2020 Stimulus Checks Answers to some frequently asked questions. The federal government is providing a little economic relief to many taxpayers. The Internal Revenue Service is sending millions of Economic Impact...

Sunday, May 3, 2020

The Solo 401(k) A retirement investment vehicle designed for small. Do you work for yourself? Then you may want to consider the solo 401(k), which marries a traditional employee retirement savings account to a small-business,...

Sunday, April 26, 2020

The Federal Reserve’s Unprecedented Moves What they are. How they help. In response to the COVID-19 pandemic, almost every state in America is under some sort of stay-at-home order. This unprecedented time has also led many...

Sunday, April 19, 2020

Roth IRA Conversion in the Era of COVID-19 Is it right for you? The COVID-19 pandemic has shaken up nearly every aspect of American life. To say it’s been a difficult time would be an understatement. However, difficult times may...

Sunday, April 12, 2020

Health Care Costs Are Cutting into Retirement Preparations This is happening in subtle and not-so-subtle ways. You may have seen this statistic before or one resembling it: the average 65-year-old retiring couple can now expect to pay...

Sunday, April 5, 2020

Key Provisions of the CARES Act Distributions can be waived in 2020 for Inherited Accounts, 401(k)s, and IRAs. Recently, the $2 trillion “Coronavirus Aid, Relief, and Economic Security” (“CARES”) Act was signed...

Sunday, March 29, 2020

Pullbacks, Corrections, and Bear Markets What’s the difference? What do these terms mean for you? The COVID-19 outbreak has put tremendous pressure on stock prices, prompting some investors to blindly and indiscriminately sell...

Sunday, March 8, 2020

Should You Care What the Financial Markets Do Each Day? Focusing on Your Strategy During Turbulent Times. Investors are people, and people are often impatient. No one likes to wait in line or wait longer than they have to for something...

Sunday, March 1, 2020

Coronavirus & More... The 24-Hour News Cycle moves from Impeachment to COVID-19 to the Primaries – What’s next? In recent weeks, we’ve seen several major stories in the news. On the political front, in addition to the...

Monday, February 24, 2020

Lesser Known Provisions of the SECURE Act What younger investors need to know. The SECURE Act passed into law in late 2019 and changed several aspects of retirement investing. These modifications included modifying the ability to...

Monday, February 17, 2020

Coping with an Inheritance A windfall from a loved one can be both rewarding and complicated. Inheriting wealth can be a burden and a blessing. Even if you have an inclination that a family member may remember you in their last will...

Sunday, February 9, 2020

Retirement Is a Beginning See if you are prepared to begin your retirement by answering four key questions. How do you know you are psychologically ready to retire? As a start, ask yourself four questions. One, is your work meaningful?...

Monday, February 3, 2020

Insurance Needs for Empty Nesters and Retirees Thinking about coverage as you enter a new phase. With the children now out of the house, financial priorities become more focused on preparing for retirement. At this stage, you may very...

Monday, January 27, 2020

The Cost of Procrastination Don't let procrastination keep you from pursuing your financial goals. Some of us share a common experience. You’re driving along when a police cruiser pulls up behind you with its lights flashing. You...

Sunday, January 19, 2020

2019 IRA Deadlines Are Approaching Here is what you need to know. Financially, many of us associate April with taxes – but we should also associate April with important IRA deadlines. April 1, 2020 is the deadline to take your...

Sunday, January 12, 2020

The SECURE Act Long-established retirement account rules change. The Setting Every Community Up for Retirement Enhancement (SECURE) Act is now law. With it, comes some of the biggest changes to retirement savings law in recent years....

Sunday, January 5, 2020

Reducing the Risk of Outliving Your Money What steps might help you sustain and grow your retirement savings? “What is your greatest retirement fear?” If you ask any group of retirees and pre-retirees this question,...

Sunday, December 15, 2019

A Retirement Fact Sheet Here are some noteworthy financial and lifestyle facts about life after 50 that might surprise you. Does your vision of retirement align with the facts? Up to 85% of a retiree’s Social Security income can...

Sunday, December 8, 2019

How Do You Establish Good Credit in College? After you get that first card, how can you manage your FICO score? Good credit may open doors. It is vital to securing a loan, a business loan, or buying a home. When you establish and...

Sunday, December 1, 2019

Debunking Common Retirement Assumptions Don’t fall for these misconceptions. Financial generalizations are as old as time. Some have been around for decades, while others have only recently joined their ranks. Let’s examine...

Sunday, November 17, 2019

What Do You Need to Know About The First RMD From Your IRA? What you need to know. When you reach age 70½, the Internal Revenue Service instructs you to start making withdrawals from your traditional IRA(s). These withdrawals...

Sunday, November 10, 2019

Spotting Credit Trouble How to check for problems. Americans aged 45 to 54, who have credit card balances, carry an average debt of $9,096 per individual.1 The wise use of credit is a critical skill in today’s world. Used...

Sunday, November 3, 2019

What End-of-the-Year Money Moves Should You Consider? Here are some things you might consider before saying goodbye to 2019. What has changed for you in 2019? Did you start a new job or leave a job behind? Did you retire? Did you start...

Sunday, October 27, 2019

Your Changing Definition of Risk in Retirement Some things to consider. During your accumulation years, you may have categorized your risk as “conservative,” “moderate,” or “aggressive,” and that...

Sunday, October 20, 2019

Annual Financial To-Do List Things you can do for your future as the year unfolds. What financial, business, or life priorities do you need to address for the coming year? Now is a good time to think about the investing, saving, or...

Sunday, October 13, 2019

Retirement Wellness Staying healthy could save you some money. How healthy a retirement do you think you will have? If you can stay active as a senior and curb or avoid certain habits, you could potentially reduce one type of...

Sunday, October 6, 2019

Cash Balance Plans More professional practices (and practice groups) should look into them. In corporate America, pension plans are fading away. Only 16% of Fortune 500 companies offered them to full-time employees in 2018, according...

Sunday, September 29, 2019

Will You Avoid These Estate Planning Mistakes? Too many households commit these common blunders. Many people plan their estates diligently, with input from legal, tax, and financial professionals. Others plan earnestly but make...

Sunday, September 22, 2019

Where Will Your Retirement Money Come From? Retirement income may come from a variety of sources. For many people, retirement income may come from a variety of sources. Here’s a quick review of the seven main sources: Social...

Monday, September 16, 2019

How Women Can Narrow the Retirement Saving Gap Steps toward saving more & revitalizing your retirement strategy. When it comes to retirement saving, many women lag behind many men. Historically, that has been the case. A recent study...

Tuesday, September 10, 2019

Why Having a Financial Professional Matters A good professional provides important guidance and insight through the years. What kind of role can a financial professional play for an investor? The answer: a very important one. While the...

Tuesday, September 3, 2019

Most understand that waiting to claim Social Security benefits can result in higher monthly payments. However, many don’t know that there are other ways to maximize their benefits, some of which depend on their marital status....

Thursday, August 29, 2019

Financial Steps to Take Before a Divorce Wise moves to make before things are finalized. Before your divorce goes through, it would be wise to check up on financial matters. It would be better to assess the state of your financial life...