Many people believe that a trust is only for the wealthy. In reality, many families and individuals could benefit from some type of trust. The key is identifying which type …
Legacy Planning: Revocable Trust vs. Irrevocable Trust Read More »
Tax planning is an essential component of a customized retirement plan. We’ve seen first-hand how long-term tax planning strategies can increase your retirement savings. That’s why we are talking about and planning for taxes …
Attention pension plan owners! This information is for you. As interest rates are rising, pension plan lump sum payouts are decreasing. Have you run your calculations lately? You may have noticed …
Retiring With a Pension? Interest Rates are Impacting Your Lump Sum Read More »
Social Security beneficiaries are getting a historic benefit increase. The Social Security Administration announced today that they will receive an 8.7% cost-of-living adjustment (COLA) starting in 2023. The average Social …
Retirees to Receive Historic Social Security Pay Raise Read More »
Any day now, retirees should find out what their Social Security raise will be for 2023. Experts are predicting the highest Cost of Living Adjustment (COLA) in 40 years, thanks …
A Look at the History of Social Security as COLA Bump Nears Read More »
It’s not very often that we get to tell you about the cost of something going down, but today is that day! The government announced this week that the standard …
For 32 years, the Employee Benefits Research Institute has been surveying Americans about retirement. Here are the top seven reasons people stopped working sooner than planned from the 2022 Retirement Confidence Survey. #1 …
Someone turning age 65 today has almost a 70% chance of needing some type of long-term care services in their lifetime. In 2021, the median monthly cost of a private …
A little planning now can go a long way when life takes unexpected turns. That’s why we’ve put together a Spousal Succession Plan Checklist that includes some of the decisions …
It’s easy to think of Medicare as a one-time thing. Three months before you turn 65 or up to three months after, you make your initial election and supplement decision, …