Ideas to help preserve and grow your money
My Comments: Life expectancy is an elusive category of thought. If you follow news sources, be they paper or digital, too often the person who died is younger than you are. At least to someone my age. That being said, it’s something I’ve dealt with professionally for years. Mindful that none of us has a …
Continue reading Life Expectancy After Retirement–Here’s What To Expect
My Comments: This post is for those of you trying to deal with matters that sooner or later will happen in your life that need thinking about. As a professional in financial services for many years, I can tell you tales about people who paid money to establish a living trust and then ignored the …
Continue reading Is a Living Trust Really the Best Way to Pass an Inheritance to Your Family?
My Comments: Like the author’s first words below, I’ve spent my career looking for ways to help clients grow and maintain their financial lives. Many of them are living much longer than they expected to. I’ve lived far longer than my father, despite our having similar health issues, and I expect to be around for …
Continue reading How a Fixed Index Annuity Can Manage Retirement Income Risks
I don’t know who first authored the following thoughts. My only clue is it appeared recently on a news feed followed by the initials LW. The ideas expressed are fascinating and very relevant for those of us 60 years old or more. Some of them might not apply to you but many resonate with me. …
My Comments: I recently switched to a Medicare Advantage plan. I’d resisted it for years and then decided “Why Not?”. I did some research, found a qualified financial expert in Volusia County, FL, and after talking with him at length, made the switch effective last January 1. Then I came upon this article and am …
Continue reading Older Americans Feel Trapped in Exploitative Medicare Advantage Plans
My Comments: As someone licensed to sell life insurance policies for over 4 decades, I know for a fact that many of them go missing. People move, people die, there are no records for family members, sometimes a house burns down. These and for probably dozens of other reasons, a life insurance company is never …
My Comments: Retirement can be just as stressful as working 8 to 5 or more for decades. That's because retirement brings about a shift in mindset and financial dynamics. The transition from working for money to having money work for you can be a source of significant stress for many of us. Planning and adopting …
Continue reading In Retirement, Put Your Eggs in These Three Baskets
My Comments: We’re living longer, too many of us have limited financial skills, the level of pervasive uncertainty about the survival of our democracy and what it will look like in a few years, all add up to stress which is not a healthy outcome for any of us. Whether you have enough money to …
Continue reading 11 Signs You Will Be Able To Live Off Your Retirement Nest Egg
My Comments: Some of my retired clients worry almost daily about being able to pay their bills in future years. They own their home, have no debt to speak of, yet convey their concerns about running out of money every time we speak. I suggest the potential of a reverse mortgage and they look at …
My Comments: Harry Truman proposed the idea that became Medicare in 1945 and was signed into law in 1965 by Lyndon Johnson. I signed up for my Medicare benefits at age 65 almost 20 years ago. Surprisingly, that age not changed in the almost 50 years since. What has changed is the cost we all …
Continue reading A Comprehensive Guide to Healthcare Costs in Retirement
Helping Define Your Financial Future 