Uncomplicated- The New Retirement Lifestyle

January 17, 2017

  Uncomplicated- The New Retirement Lifestyle The two generations of Baby Boomers who had to have it all and do it all are now looking for a less complicated lifestyle in retirement.  By no means does that mean less fulfilling. We have high expectations.  Things that used to be “nice to have” are now being called essentials.  Vacations, pet care, smart

Who’s Your Pilot?

December 30, 2016

  Who’s Your Pilot? Do you like to travel?  When you do, do you take an airplane?  What do you expect when you step foot on that plane?  You are probably expecting a few things: 1. That the pilot is qualified, 2. That the pilot has a flight plan to make it to your destination,

Teachers are Vulnerable

December 27, 2016

  Teachers Are Vulnerable The Department of Labor (DOL) has approved a rule, that will become effective April 2017, that holds all financial advisors to a fiduciary standard of care when providing investment advice on retirement accounts and IRAs .  This means an advisor must recommend what is in a client’s best interest when it comes

Good News if You are Charitable!

September 20, 2016

Good news if you are charitable…. Qualified charitable distributions are renewed-PERMANENTLY! No more annual “wait and see” and scrambling to get things done. QCDs expired once again at the end of 2014, but the new tax law, “Protecting Americans from Tax Hikes Act of 2015” makes them-effective retroactively for 2015 and beyond. QCDs allow individuals

Let’s Admit It: We All Need Retirement Income

September 13, 2016

  Let’s Admit It:  We All Need Retirement Income No matter what situation you find yourself in, whether you have $5 million or $50,000 saved for retirement, we can all agree that retirement income is the foundation to every financial plan.  A house without a strong foundation can never become a safe home to dwell

What’s on your Bucket List?

August 22, 2016

What’s on YOUR Bucket List? One of the best things about being a little kid is that you don’t really care what other people think. You easily make new friends. You are the center of the universe. You can sleep at will, anywhere-or not. If you don’t like the taste of your food, you can

RMDs, Dividends, and Taxes, Oh My!

August 16, 2016

  RMDs, Dividends, and Taxes, Oh My! Just like Dorothy was afraid of lions, tigers, and bears in the Wizard of Oz, many retirees (especially those of higher net worth) are most concerned or “afraid” of how to minimize their tax obligations in retirement.  It’s not about how much you make in retirement, but how much you

An Alternative to Bonds

July 26, 2016

An Alternative to Bonds These days, there is just no yield to speak of in traditional money instruments (like money markets and CDs), including bonds. Typically, a balanced portfolio could consist of a percentage of equities and a percentage of bonds -the exact breakdown determined by an individual’s risk tolerance, time horizon and objective, (focused more

Myths and Misconceptions of the Financial World

June 27, 2016

Myths and Misconceptions of the Financial Industry Oftentimes, we respect and value someone’s opinion because of their educational background or industry experience.  It’s rare for the common person to doubt a strong opinion if there’s enough accolades, degrees, or certifications qualifying it.  But did you know that doctors used to endorse Camel cigarettes in the

Medicare Made Simple

June 9, 2016

MEDICARE MADE SIMPLE Even if you decide not to file for your Social Security Benefit until Full Retirement Age FRA, or later, it is important to enroll in Medicare at age 65. Part A: You will be eligible for Medicare Part A at your 65th birthday. Part A basically covers hospital stays and nothing else.