Latest News
SEC issues new warning about IRA fraud and cryptocurrenicies
As more individuals move to self-directed individual retirement accounts to help them build a better nest egg, they could be putting themselves at risk for fraud. These secondary retirement funds often include real estate, private mortgages, precious metals and private…
What is FIRE?
What is FIRE? FIRE is an acronym that stands for “financial independence, retire early. It is a burgeoning movement of young professionals who were forgoing the traditional route to retirement. To read more about this movement, click on attached link.…
Are young people perhaps unrealistic when it comes to retirement?
Young Americans aged 16 to 25 expect to retire on average, at age 60 which is seven years earlier than full Social Security benefit eligibility for their age bracket according to new research from Charles Schwab. A resounding 76 percent…
Yes, you can retire without relying on Social Security
Are you one of the 42 percent of Americans who will retire broke? Are you one of the nearly 45 percent of retirees who will rely almost exclusively on Social Security as your only source of income in your retirement?…
Do you leave retirement investing to the professionals?
According to a new survey, a majority of defined contribution plan participants want the help of an expert in managing retirement assets, but many still stop short of wanting employers to choose their investments for them. However, fewer than 40…
Are you prepared for retirement?
If you are prepared for it, retirement can be wonderful. However, before you put an end to your career, it is essential to make sure you are 100 percent ready. The attached article gives you five steps to go through…
Early retirement is about two things: time and lifestyle
For many early retirees, the value of life during retirement is priceless and the happiness it brings doesn’t depend on the dollar. There is no discounting the importance of having enough money saved to retire early, but many early retirees…
Medigap Plan F and Plan C to be phased out
In Kimberly Lankford’s “Ask Kim” column appearing on Kiplinger.com, she answers a reader’s question on what will happen to their Medigap Plan F after 2020 when the plan, along with Medigap C, will no longer be sold to new Medicare…
Seniors and the Student Loan Debt Crisis
The numbers are frightening…according to the Consumer Financial Protection Bureau (CFPB), the last decade has seen a dramatic increase in the number of older Americans with student loan debt, much of which is attributable to loans they’ve co-signed on behalf of family…
More Thoughts on Filing at Age 62
The ongoing debate on the merits of deferring one’s Social Security filing date generates a fair amount of press, with some arguments explaining why it can be appropriate to file early and others strongly advocating waiting until full retirement age…