News & Updates
What to Look for in a Senior Living Community
Selecting a senior living community is an important life decision—one that can greatly influence physical health, emotional well-being, and overall happiness. Whether you’re planning for yourself or helping a loved one make the transition, it’s
Not Surprising
It is not surprising that the thought of retiring is overwhelming to many due to major life shifts. This could include financial uncertainty, loss of identity, and lack of structure. Studies show that high anxiety
It’s That Time of Year
Since January is a popular month for email scams, here are some tips to help avoid them and keep the good times going all year long. Call us if you’d like more tips on how
Preparing for the Future
Some clients have asked us what the difference is between having a life insurance policy that benefits their family, and having an annuity policy that has beneficiaries connected to it, in addition to the annuity
Answering One of Retirement’s Biggest Questions: How Long Will Your Money Need to Last?
One of the most difficult aspects of developing a retirement strategy is dealing with uncertainty. Markets fluctuate, tax laws change, healthcare costs unexpectedly rise, and, perhaps most importantly, no one knows how long they will
New RMD Rules For 2025
Traditional IRAs, 401(k)s, and other retirement accounts enable you to save money before taxes, allowing your investments to grow for decades. But, eventually, the IRS requires you to begin withdrawing a portion of your savings
Choice and Chance
There is no one “ideal retirement.” But there are many ways to have a happy retirement if you have reflected on the choices you have, and what you are willing to leave to chance. The
Changes Coming to Social Security in 2026
Several significant changes will be implemented in the Social Security system beginning in January 2026. These changes will have an impact on benefit amounts, retirement age rules, taxes, and the minimum wage required for workers
Longevity
We frequently write about longevity and how important it is to have savings we don’t outlive. And while we’ve always striven to give our clients options for products where the income stream continues no matter
Evolution of Life Insurance
Years ago, it seemed as if the only reason to purchase life insurance was simply to make sure loved ones who depend on your income had what they needed financially after you passed away. Products
Retirement Age Is Changing
By mid-century, one in every six people worldwide will be over the age of 65. In the United States, it is highly likely that the Social Security Administration program will be unable to pay full
Working After Retirement
Working after retirement brings with it the need to understand certain tax and contribution rules governing the way you can use and/or continue to contribute to the money in your qualified retirement savings accounts. Looking
Is This Year a Good Year To Retire?
There is nothing generally inherent in any given year that says it’s a bad or good time to retire. The question that needs to be answered is whether you’re ready financially and emotionally. So, how
Understanding Long-Term Care
Approximately 49% of men and 64% of women who turn 65 today will require significant long-term care. While many people rely on unpaid assistance from relatives, nearly half will need paid services. Covering these costs
Behavioral Decision Making
We often think that emotions only impact inter-personal decisions, however making consequential financial decisions in a heightened emotional state also generally isn’t a good idea. Behavioral psychologists have identified a few common biases that can
Just in Case
Late in life job loss can be devastating on many fronts. One area we haven’t discussed before is a different use of an annuity you purchased, originally intending to turn on the income stream upon
Challenges of Aging
Planning for the challenges of aging is one of those situations we are probably inclined not to want to think about, either for ourselves or our extended family. The term “diminished financial capacity” is often
Late-Career Job Losses Are Affecting Retirement in America
Losing a job is never easy, but when it happens later in life, the challenges can feel even more daunting. Many people in their fifties are juggling significant financial responsibilities, such as mortgages, supporting children