Is an Asset Protection Trust the Right Solution to Your Long Term Care Riddle? QUESTION: What is very expensive, absolutely necessary for everyone, but only useful to somewhere around 50 percent of retirees? ANSWER: A plan for funding long term care You see, figuring out how you are going to …
Read More »Rebalancing The Portfolio
Tips for Rebalancing Your Portfolio Amid the PandemicThe headlines are all doom and gloom and yet the markets are off their 2020 highs, but not that far off. What is going on? And, what are you supposed to do? A recent poll on NewRetirement found that most people with a …
Read More »Financial Well Being
Improve Your Financial Well Being Now (It is Not Impossible) Uncertainty. Fear. Confusion. Sacrifice. Acceptance. Stress. There are a lot of strong emotions that we all share right now. And, worry about our finances is a big one — massive. Here are 9 steps you can take to improve …
Read More »How to Rollover Your 401(k)
When You Retire or Leave a JobIf you are retiring or leaving a job, you need to decide what to do with your 401(k). In most cases you will want to rollover (transfer) your 401(k) into an IRA or Roth IRA. Pros and Cons of a Rollover Some companies actually …
Read More »Estate Planning Documents
Estate Planning: 11 Documents You Need for Coronavirus and Always Estate planning lawyers are reporting a significant rise in calls from new and existing clients wanting to make sure that their estate plans are complete and up to date. Estate plans are critical for anyone and everyone to have — …
Read More »Tax Friendly States for Retirees 2020?
Which Are the Most Tax Friendly States for Retirees 2020? Looking for a great place to retire? Or, wondering if the state where you live is too expensive? Property values, cost of living and lifestyle issues are all important considerations when figuring out where to live. However, don’t forget to …
Read More »Retirement Income Strategies: 17 Ideas for Lifetime Wealth and Peace of Mind
We’ve spent our whole lives working, spending the money we earn and hopefully saving a little too. When we retire, everything we have ever experienced about managing our own finances gets turned upside down. We no longer earn as much or any money from work. We have to figure out …
Read More »Average Retirement Income 2020: How Do You Compare?
How are you going to pay for retirement? How is everyone else doing it? What is the average retirement income 2020? Are you anywhere close to average? Although the economy has been booming, many of us are going to come up short for retirement income — even if you can …
Read More »Ready to Retire? Hurry, The Best Time of Your Life Awaits!
You might be nervous about your future but research suggests that you should run — not walk — toward retirement. Get ready to retire because the best times of your life await you. Most People Find that Retirement is the Happiest Period of Life Research from Age Wave and Merrill …
Read More »What is Another Word for Retirement? There Has Got to Be Something Better!
I think we can all agree. We desperately need another word for retirement. Retirement is a word that we use to roughly define a period of life after work. But this word is imprecise at best and — at worst — really flat out wrong about this phase of life. …
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