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…
How Do I Know When It’s Time to Retire
Wondering when it’s an appropriate time to retire? Let’s look at some of the common indicators that you may be ready to leave work for good. An Investopedia article, 6…
How your retirement may be taxed
Worried about taxes during retirement? Let’s look at some of the ways different types of retirement income are taxed. Traditional 401(k)s and IRAs On the front end, these tax-deferred accounts…
Do You Know Your Financial Time Horizon?
The horizon can tell us quite a bit about what’s coming. On a warm summer night, you can look out at the horizon to see if a storm is brewing…
Making Sense of the Fed’s Rate Increase
Though many financial experts had long been expecting it, when the news broke on May 4 that the Fed was raising the interest rate by a half point, it still…
401(k) Mistakes You Have to Avoid
401(k)s are an essential part of retirement planning for many Americans. Because of their importance, it’s critical to avoid making mistakes with a 401(k) strategy. Make sure you know what…
The Four Phases of Retirement
While there’s nothing wrong with dreaming big about retirement, it’s important to remember that how you think about retirement is likely to change over time. No matter how your circumstances…