A beginner’s guide to inflation
A June 2023 Forbes article, The Price is Right: U.S. Inflation Hits Two-Year Low in May a combination of higher interest rates, easing supply chain challenges, and more restrictive credit…
Don’t underestimate these retirement expenses
As you head toward retirement and your excitement grows, don’t forget to consider your likely retirement expenses. An AARP article, 10 Biggest Expenses in Retirement has some interesting information about…
What to Include in Your Retirement Budget
As you prepare for retirement, there are a number of things you can consider when making a budget. A U.S. News and World Report article, 10 Costs to Include in…
5 Things You Need to Know About Finances When Turning 65
Gone are the days when most people retired at 65, received a gold watch, then lived off their pension and full Social Security benefits. But 65 is still an important…
How to Reduce Taxes on Retirement Savings
With an appropriate strategy, you may be able to reduce taxes on your retirement savings. Although financial services professionals don’t give tax or legal advice, a U.S. News and World…
What to do if you lose your job near retirement
Unfortunately, some people will be confronted with the challenge of losing their job shortly before they plan to retire. It cancertainly be a scary development, but one of the most…
How much cash should I have on hand?
Given that we’re increasingly becoming a cashless society, the question of how much cash we should keep on hand is difficult to answer. A U.S. News and World Report article,…
How to make your money last
We believe it’s perhaps one of the most common question that retirees ask financial services professionals: How do I make my money last for my lifetime? An AARP article, 5…
Medicare Prices Will Change in 2023
As 2022 heads to the finish line, those receiving Medicare benefits have received a dose of good news. Medicare Part B premiums and deductibles will shrink next year because the…
Are You Maxing Out Your 401(k)?
For many Americans, a 401(k) is a huge part of their financial strategy. That’s because, for a lot of folks, a 401(k) and Social Security will be their primary sources…