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Wednesday, December 6, 2023

The journey to retirement spans a lifetime, marked by the pursuit of a fulfilling post-work life. Many Americans switch employers during their careers, resulting in the retention of 401(k) accounts from previous jobs. However, these...

Friday, December 1, 2023

Small businesses represent a crucial pillar of the U.S. economy, as they employ half of the nation’s private-sector workforce and are credited with roughly 63% of the new jobs that have been created from 1995 to 2021, as per federal...

Thursday, November 30, 2023

Some people avoid financial planning because they feel overwhelmed by all the numbers. Whether you suffer from the very real condition of arithmophobia or you simply don’t feel like you understand enough about finances to tackle your...

Wednesday, November 15, 2023

The holiday season is often portrayed as a time of joy, togetherness, and celebration. However, for many people, it can also be a source of financial stress and anxiety. The pressure to buy gifts, host gatherings, and partake in...

Friday, November 10, 2023

Retirement is one of the most significant milestones in life. It represents the culmination of years of hard work and savings, but it also marks the beginning of a new financial chapter. Ensuring a comfortable and stable retirement...

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Wednesday, November 1, 2023

As the final quarter of the year approaches, investors are faced with a unique set of opportunities and challenges. The fourth quarter, often marked by increased market volatility and potential year-end considerations, requires a...

Thursday, October 26, 2023

As a financial professional, I often find myself discussing retirement plans with couples who are contemplating the idea of retiring simultaneously. The notion of embarking on a shared retirement journey, free to pursue dreams, travel,...

Wednesday, October 18, 2023

Tips for this Season of Preparation and Cultivation With the transformation of the leaves and a cool, refreshing breeze, fall offers more than just Pumpkin Spice everything. It's an annual opportunity to contemplate your financial...

Thursday, October 12, 2023

Estate planning is not just about managing your assets or distributing wealth; it’s about leaving a legacy that lasts for generations. It’s a way to ensure that your hard-earned assets – and values – are preserved and passed down to...

Wednesday, October 4, 2023

Use This Annual Reminder as an Opportunity to Strengthen Your Financial Future. Saving money isn't just a smart financial habit; it's an important step toward securing a prosperous and secure future. Mark your calendars! National...

Wednesday, September 27, 2023

With the final quarter of the year on the horizon, it's time to gear up for Q4 financial planning. The end of the year provides a unique opportunity to assess your financial landscape, recalibrate your goals, and set a course for a...

Wednesday, September 20, 2023

The concept of wellness is used often, generally when referring to a balanced and fulfilling life overall. But what does it mean when someone refers to their financial wellness? Financial wellness encompasses all aspects of an...

Wednesday, September 13, 2023

As the seasons transition and we enter fall, it’s a great time to reflect on the importance of securing your loved ones’ future. September is primarily recognized as Life Insurance Awareness Month, a season dedicated to highlighting...

Thursday, September 7, 2023

Individual Retirement Accounts (IRAs) and 401(k) plans are powerful tools for securing a financially stable retirement. However, misconceptions and myths can hinder individuals from making informed decisions about these essential...

Wednesday, August 30, 2023

Your age significantly affects how much money you'll have during your retirement years, and different retirement benefits have different eligibility ages. Over the course of 23 years, from age 49 to 72, you'll need a financial...

Wednesday, August 23, 2023

Retirement planning is essential to financial security in the latter half of life. An area that usually gets overlooked is healthcare expenses. While healthcare is necessary for retirees, it can often be the most significant unknown....

Wednesday, August 16, 2023

On August 16, 1977, the “King of Rock ‘n’ Roll,” Elvis Presley, died of cardiac arrest. While many famous icons fail to plan for their estate properly, Elvis thankfully did so just five months before his sudden passing. However,...

Wednesday, August 9, 2023

As the anniversary of the Social Security bill being signed into law (August 14, 1935)[i] approaches, we’re reminded of the intricate workings of the U.S. tax system. Social Security, a vital program designed to provide financial...

Wednesday, August 2, 2023

On August 4, 1862, the U.S. collected income tax for the first time[i]. You may be ready to bid farewell to income tax obligations once you retire, but unfortunately, it’s not that simple. While the dynamics may shift, understanding...

Wednesday, July 26, 2023

Retirement is a time when most people expect to enjoy the fruits of their labor, with financial security and a steady income from investments or savings. However, for some individuals, this period can present a unique financial...

Wednesday, July 19, 2023

Long-term care planning is an important aspect of retirement planning that is often overlooked. As people are living longer and healthcare costs are increasing, it is crucial to consider the cost of long-term care in retirement...

Wednesday, July 5, 2023

A recent study by Investopedia found that Generation X’s biggest worry is retirement. The survey found that although many members of Gen X feel like they understand their finances, they are still concerned about transitioning into...

Wednesday, June 28, 2023

Whether you’ve learned about annuities before or it’s your first time hearing about them, it’s important to first understand the basic concept and one of its simplest forms. In general, an annuity is a financial product that provides...

Wednesday, June 21, 2023

Annuities can be an excellent addition to your financial and retirement portfolio, but it's essential to determine whether they're the right fit for you and your financial goals. Here are some ways to know if annuities are right for...

Wednesday, June 14, 2023

An annuity is an investment product that is designed to provide a guaranteed income stream for a predetermined period, often for the rest of one’s life. An annuity is typically purchased from an insurance company, and the purchaser...

Wednesday, June 7, 2023

June is Annuity Awareness Month, a time to educate individuals on the benefits and importance of annuities. If you’re new to annuities or need a refresher, keep reading to understand the basics of annuities.Basically, an annuity is a...

Thursday, June 1, 2023

Retirement is a major milestone in the life of every individual, and it is no different for high-net-worth individuals. If you’re one of these individuals, you may think that being comfortable means you can worry less about retirement...

Wednesday, May 24, 2023

529 Day is a holiday celebrated at the end of May, usually on May 29. It is a day dedicated to promoting and raising awareness for 529 college savings plans, a tax-advantaged way to save for college expenses, K-19 schooling expenses,...

Wednesday, May 17, 2023

You may have noticed that the economy after the pandemic has been volatile. And while there has been talk of a possible recession for a few years, we have yet to enter a traditional recession. A recession is defined as a consistent,...

Thursday, May 11, 2023

One investment and income strategy that can be useful when it comes to setting yourself up for retirement is one involving dividends. Dividends are regular payouts to shareholders based on the profits of the company. If you own some...

Wednesday, May 3, 2023

Come springtime, you might be thinking about doing some spring cleaning, whether it’s cleaning out your garage, throwing out old items, or rearranging your furniture. However, it’s important not to forget to do some spring cleaning on...

Wednesday, April 26, 2023

The concept of financial literacy refers to knowing the basics of financial concepts to make smart decisions. Specifically, financial literacy can help prevent costly mistakes that could derail your life plans, prepare you for...

Wednesday, April 19, 2023

In the world of retirement strategizing, the focus tends to be on 401(k)s, IRAs, pensions, or other retirement investment accounts. But that doesn’t mean you should forget about the traditional savings account.Savings accounts can have...

Wednesday, April 12, 2023

As an adult, you may have had tough learning moments when it comes to financial management. It could have been when you failed to pay your rent on time or got too deep in credit card debt. To keep your children or grandchildren from...

Wednesday, April 5, 2023

Financial Literacy Month is not only a celebration, it’s a challenge to take care of your finances as best you can. This month can be your opportunity to review your finances and take a concerted approach to improve them. But what’s...

Thursday, March 30, 2023

If you’ve ever asked yourself, “what if there’s a way to reduce the taxes I owe when I sell stocks or rebalance my portfolio?” then you should know about the tax-minimization strategy called tax-loss harvesting. It’s important to know...

Wednesday, March 22, 2023

You may not know it, but Social Security income is taxed! However, your tax burden isn’t simply a gross income tax, and there are unique factors that dictate your tax rate and overall tax liability. First, not all Social Security...

Thursday, March 16, 2023

In retirement, it’s not about receiving as much income as possible. During your working years, it might be, but when you’re the one paying yourself, it’s important not to turn your hard-earned savings into a large pile of income that’s...

Wednesday, March 8, 2023

Thinking about investment strategy may conjure thoughts of stock trading, ticker symbols, brokerage accounts, and investment theses. But one of the most important factors in developing an investment strategy is the tax aspect.There are...

Wednesday, March 1, 2023

Don’t wait until April to prepare your taxes! Tax filing preparation is an important process for individuals and businesses. It is the process of gathering, organizing, and submitting tax documents to the relevant tax authorities. The...

Wednesday, February 22, 2023

As the cost of higher education rises and the competition for spots at top colleges and universities steepens, you might wonder if it’s even worth it to make such a large investment in a college degree. The value of a college degree...

Wednesday, February 15, 2023

Budgeting is one of, if not the most important life skill one can learn. As they grow up, you may have been able to teach them valuable budgeting and saving skills, but when they leave home for the first time, often to go to college,...

Wednesday, February 8, 2023

Financial aid is a key piece of the college puzzle for many families. The sticker price of college in the US has gone up in the past decades, virtually across the board. What that means is financial aid is an increasingly important...

Wednesday, February 1, 2023

This month, the education community celebrates Financial Aid Awareness Month often by sharing information with students and families about access to federal, state, and institutional student aid. College and higher education costs can...

Wednesday, January 25, 2023

When you started out saving for retirement, you may have contributed to an IRA or 401(k) through your employer. In addition, you heard that your contributions were tax-deferred, and you’d have to pay taxes when you reached your 70s....

Wednesday, January 18, 2023

Achieving a comfortable retirement often comes down to investment performance and tax burden. However, it’s a tricky task to balance investment gains with a tax-minimization plan. If you expect your investments to perform well, you may...

Wednesday, January 11, 2023

Taxes may be one of your biggest concerns when it comes to retirement. Whether you’re well into your retirement or just starting to think about it, taxes can be one of the main factors in maximizing your savings to stretch all the way...

Wednesday, January 4, 2023

You may assume that there are no more tax minimization strategies to engage in after December 31. While most of your tax-lowering strategies do come before the new year, there are still steps you can take now, and all the way up until...

Wednesday, December 28, 2022

For some, especially during these tough market conditions, their retirement investments and savings may have declined. Due to this setback, your retirement timeline may have been pushed back, tightening your budget, making you work...

Wednesday, December 21, 2022

Saving for large expenses, whether in retirement or during your working years, is a tall task. It often requires you to cut back on spending and find ways to maximize your income. However, in retirement, there are some key differences...

Wednesday, December 14, 2022

If you search the Internet for tips on financial strategies, you’ll see many general rules and broad advice that may apply to an “average” retirement saver or retiree. But the truth is, those general pieces of advice rarely apply to...

Wednesday, December 7, 2022

For many, the turn of the new year is a time to self-reflect and make resolutions. There’s no better time to assess your financial goals for the new year and beyond by following proper financial goal-setting practices. Setting...

Wednesday, November 30, 2022

The 2020 pandemic put the spotlight on the in-facility long-term care (LTC) industry. Nursing homes and assisted living facilities experienced woeful staffing shortages and unsafe practices that put people’s loved ones at high risk of...

Wednesday, November 23, 2022

Considering a nursing home for long-term care or elder care is one of the most difficult decisions you and your family can encounter. Whether you have a health risk and planning for a future in a nursing home or are considering a...

Wednesday, November 16, 2022

Government assistance programs are a common option for people looking for healthcare coverage, especially over the age of 65. However, while Medicare covers a lot, even covering emergency hospital visits at no cost, it doesn’t cover...

Wednesday, November 2, 2022

This month marks Long-Term Care Awareness Month. We have the knowledge and tools these days to live healthily and happily throughout our lives. But as we age, we need to invest more in our health. That’s why it’s crucial to understand...

Wednesday, October 26, 2022

When the winter seasons come around, you’ll likely have to adjust your routines and prepare. If you’re in colder states you may be looking to purchase a new winter coat or snow boots, skiing equipment for your winter holidays, or you...

Wednesday, October 19, 2022

This Halloween season, you may be thinking about spending time with friends and family and planning fun Halloween events with them. You may not be thinking about all the nuances of your retirement strategy, but when you think about the...

Wednesday, October 12, 2022

Healthcare is one of the largest expenses for people in retirement, but it’s not easy to budget for them. Sometimes, accidents happen, or certain health-related concerns can come out of nowhere. Because of how difficult it can be to...

Friday, October 7, 2022

With all this market volatility and inflation, talk about investment strategies and portfolio longevity seems to dominate the discussion on retirement. But one of the most important aspects of retirement is often overlooked: Medicare...

Thursday, September 22, 2022

Saving for retirement is a long-term endeavor. It’s not about finding the next hottest stock or getting rich quickly. This means that retirement requires a perspective on your wealth and income that accounts for your needs at different stages of your life, from the beginning of your working years through your retirement.
 
The Bucket Strategy is an investment strategy that separates your savings and investments into three buckets: the Risk Bucket, the Safe Bucket, and the Spend Bucket. Together, these buckets provide diversification of risk, but the key to the bucket strategy is the Risk Bucket funnels to the Safe Bucket, and then to the Spend Bucket over the course of your life as you age, and your risk tolerance decreases.
The Risk Bucket is for high-growth assets that may grow in value but could see significant pullbacks during a downturn. This bucket is usually favored when you have many years to recover from a downturn before utilizing your savings to cover your costs of living.
 
The Safe Bucket often refers to the assets you hold that may not have as great of an upside, but don’t have as much of a downside either. Depending on what your income goals and risk tolerance are, this bucket can provide you with dividend income or interest income that can supplement other forms of retirement income.
The Spend Bucket is the pool of money you use to pay for your costs of living. This usually consists of cash held in checking accounts, savings accounts, or short-term Certificate Deposit accounts (CDs). Social Security payments are also used in this bucket. During working years, this bucket is less of a concern, but come retirement, planning your income sources to fund this bucket is important.
To do the Bucket Strategy, gains from your Risk Bucket assets are withdrawn to your Safe Bucket assets at a rate that fits with your retirement timeline and risk tolerance. This allows you to build up your income-earning assets over time as your risk tolerance shifts.
The reason the Bucket Strategy may work well for retirement is that it’s built to weather downturns that are likely to happen throughout your life using diversification and timeline strategy. When a downturn occurs, it might affect your Risk Bucket the most, but because you either have time to recover or you’ve already built up a sizable Safe Bucket, the effects of a downturn are less than if you tried to time the market with one big transition from a risky strategy to a safe one. In addition, if you play it too safe and forgo your Risk Bucket, your savings can erode over time, not providing enough to retire on.

The Bucket Strategy is built to account for your needs at different stages of your life. But putting it into action is easier said than done. If you’re looking to build a retirement plan that’s structured to protect your savings and grow your savings over time, the Bucket Strategy might be for you. Get connected with our team today!

Friday, September 16, 2022

You’re probably familiar with the classic retirement accounts such as 401(k)s, IRAs, and pensions. But did you know there is a financial product out there that is customizable and can be tailored to your specific risks and financial goals?

An annuity is an insurance-based financial product that takes in payments from individuals and pays them back usually over a long period of time in a flow of payments or a lump sum when a certain event occurs, such as a specific time, age, or if an illness occurs. The insurance company can accept payments over time or in one lump sum as well. The money in it is invested by the financial institution and grows until the date that the payments are to be distributed to the beneficiary or account owner.

An annuity can provide regular payments from a fixed-rate, variable, or indexed annuity.

Fixed-rate annuities often take the form of a singular lump sum that is structured to provide you a set amount of income periodically. It’s not exposed to any market risk, its payout rates are fixed, and its principal value does not grow or decline.

Variable annuities are market-exposed annuities. These annuities have more risk involved and their payout amounts usually factor in the portfolio performance. The amount invested in a variable annuity can grow or decline.

Index annuities are market-exposed annuities but track a diversified index of stocks or equities. These types of annuities are a middle ground between some of the riskier assets that go into a variable annuity and the risk-averse, non-market-exposed fixed annuity.

Though annuities may seem complicated, the basic idea is simple. An insurance company receives a fixed or variable income stream for a predetermined period, or for life, in exchange for money in return.

With your retirement accounts, such as your 401(k)s, IRAs, or Roth IRAs, there are annual contribution limits and age restrictions that are meant to have your money used in a specific way regardless of your unique circumstance. With an annuity, the main benefit is that it is structured to be tailored to your unique needs.

It’s important to know that any guarantees, like interest or market protection, are backed by the financial strength and claims-paying ability of the issuing insurance company.

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Wednesday, September 7, 2022

Taxes are one of the most important things to consider when it comes to your retirement. You’ll likely have several sources of income in retirement that can be taxed, such as IRA distributions and Social Security benefits. But is your...

Wednesday, August 31, 2022

Ever wonder what type of life insurance is best for you? It depends on various factors, including how long you want the policy to last, how much you're willing to pay, and if you wish to use the policy as an investment vehicle. Let's...

Wednesday, August 24, 2022

Long-term care is generally the most significant question mark when saving the optimal amount for your retirement years. According to Financial Professional Barry Bigelow, “statistically, if you're a married couple, there's a 25%...

Wednesday, August 17, 2022

Let’s talk about tax brackets. They aren’t straight across the board but graduated based on income, meaning most taxpayers fall into more than one bracket. Current tax brackets are 10%, 12%, 22%, 24%, 32%, 35%, and 37%, and you could...

Wednesday, August 10, 2022

Have you ever considered that saving for college is different than saving for your long-term retirement?Let’s start with the fact that, when saving for college, you’re saving for a specific year (the year of high school graduation)....

Wednesday, August 3, 2022

Investopedia conducted a survey of 4,000 US adults in January and February of 2022 which included 1,000 individuals from each generation to better understand their financial literacy by generation. Side note: Seeing other generations’...

Wednesday, July 27, 2022

The average couple retiring today needs a whopping $315,000 to cover the cost of health care throughout their retirement.1 You’ll want to plan for those future health costs. Have you considered that your HSA (Health Savings Account)...

Wednesday, July 20, 2022

ForbesAdvisor.com recently reported, “According to a 2020 survey from Allianz, nearly half of Americans are worried that rising prices in retirement will cause basic expenses to be unaffordable once they stop working. But there’s an...

Wednesday, July 13, 2022

Every generation views their situation differently, from fashion to food to finance, and currently, there are seven defined generations. Let’s see how their views differ on finances and if you line up with your generation.1910-1927 The...

Wednesday, July 6, 2022

For young couples just getting started, new commitments, such as buying their first home or having children, bring with them the responsibility of making sure their loved ones are financially covered. Life insurance can help loved ones...

Wednesday, June 29, 2022

Are you considering retiring before your full retirement age? Then you’re a part of the FIRE Movement, also known in long-form as "Financial Independence, Retire Early.” The Movement requires you to accumulate enough wealth to support...

Wednesday, June 22, 2022

Many Americans underestimate the impact that caring for a loved one can have on their lives, marriage, work, and finances. In a column by Michelle Singletary, a Washington Post columnist, an “AARP study found that three-quarters of...

Wednesday, June 15, 2022

A 401(k) is a common savings tool for many working Americans. It’s an easy way to save and generally comes with the benefit of employer matching. But are you really clear on where your money is invested and if it’s the optimal place...

Wednesday, June 8, 2022

We’ve all seen the commercials for checking your credit score, and some even talk about ways to boost it, but if you’re over 50 and well established, does the number really matter that much? According to the FICO® Score model, the...

Wednesday, June 1, 2022

According to Annuity.org, there are multiple reasons Americans are investing billions into annuities. There’s much talk around annuities regarding retirement planning, which leaves the conversation open to a lot of questions and...

Wednesday, May 25, 2022

If the fear of outliving your retirement savings haunts you, then looking into income sources that can keep going as long as you do may not be such a bad idea. One way to potentially alleviate this financial anxiety is to consider an...

Wednesday, May 18, 2022

Insurance gets a bad rap and, as policies go, life insurance might be at the top of the list. But we’d like it to be on the top of your list for another reason. We often think of insurance as a means to paying for funeral expenses, but...

Wednesday, May 11, 2022

Medical liability is a pervasive concern for physicians because of the potential effects of a settlement and the costs of fighting a prolonged and costly legal battle. While laws capping tort damages have been effective in some states,...

Wednesday, May 4, 2022

Most of the nation’s teachers and K-12 educational employees are members of their state’s public pension plans. After years of service, these plans have promised a secure retirement for educators and support staff. Unfortunately, a...

Wednesday, April 27, 2022

Your first line of defense against potential litigation will likely be insurance in the form of an “umbrella policy.” Your financial professional can help with the right coverage but be prepared for a policy that’s at least equal to...

Wednesday, April 20, 2022

An annuity is an insurance product that pays out guaranteed income and can be used as part of a retirement strategy. The income you receive from an annuity can come monthly, quarterly, annually, or even in a lump sum payment. But what...

Wednesday, April 13, 2022

According to IRS Revenue Procedure 2020-45, a couple age 70 or older who both have the right kind of long-term care insurance policy can deduct as much as $11,280 in 2021 an increase of $420 from the $10,860 limit for 2020. Essentially...

Wednesday, April 6, 2022

According to the US Census Bureau, there were 430,411 new business applications in January 2022.2 Starting a business sometimes comes with a learning curve that can trip you up, so it makes sense to get as many things as right as...

Wednesday, March 30, 2022

One of the most complex parts of preparing for retirement is thinking about life where working and building income isn’t the main focus. At times you may become so overwhelmed thinking about saving for an unknown future that you end up...

Wednesday, March 23, 2022

During the early months of the Covid-19 pandemic, all 50 states and the District of Columbia transitioned to telemedicine, in part due to state emergency orders that mandated the coverage of telehealth visits and waived requirements...

Wednesday, March 16, 2022

It’s no surprise that couples disagree throughout their marriage. For the most part, those differences can be resolved relatively quickly, but common ground can feel very far off when it comes to estate planning. A few critical...

Wednesday, March 9, 2022

Wills and trusts are both estate-planning tools that can help ensure your assets are protected and bequeathed to your heirs. However, the transfer process becomes more involved when passing wealth to a subsequent generation. We highly...

Wednesday, March 2, 2022

It’s tax season for you and a veritable identity gold mine for thieves! Empowered with a name and Social Security number, crafty thieves can open credit cards, take out loans, wipe out your bank account and even file a tax return in...

Monday, February 28, 2022

Annuities can be mysterious. You might even feel like they come with a hidden agenda, which could explain why you’re not too interested in adding them to your portfolio. But as we get closer to our 60’s and live longer, now might be...

Wednesday, February 16, 2022

A combination of rising wages and inflation is threatening to push some taxpayers into higher tax brackets this year, which means you could owe more to Uncle Sam come 2023’s filing season. With inflation at its highest level in nearly...

Wednesday, February 9, 2022

Since taking office, President Biden has expressed his intention to close the step-up in basis loophole as a means to debt reduction. For some investors, this causes alarm as they were planning to use this loophole to leave investments...

Wednesday, February 2, 2022

Identity theft isn’t a new phenomenon; however, the face of identity theft has changed dramatically. Over the years it’s evolved with the technology and economic landscape that surrounds it. Understanding your exposure and staying...

Wednesday, January 26, 2022

If you’re getting Social Security retirement benefits, some members of your family may also qualify to receive benefits on your record. Your ex-spouse or spouse may receive a monthly payment of up to one-half of your retirement benefit...

Wednesday, January 19, 2022

There are many benefits of being self-employed, but sometimes it can feel as though there are just as many hindrances. Many owners consider staying abreast of tax laws and changes tedious and frustrating, so partnering with an expert...

Wednesday, January 12, 2022

It’s not often that the IRS provides a tax-free option for your money—so when it happens, it’s a good advantage to take. A Health Savings Account (HSA) is the one program that offers you three different tax benefits. Most people think...

Wednesday, January 5, 2022

Happy New Year! It’s a new year, a new you, and a new time to do things differently—like your taxes. Tax-filing season is officially here, and there are many things you can do to be prepared and organized. Here are a few simple tips...

Wednesday, December 29, 2021

The Coronavirus Aid, Relief, and Economy Security Act (CARES Act) provides relief to self-employed people by delaying the Social Security tax payment due in 2020 for two more years. Specifically, individuals were allowed to defer 50%...

Wednesday, December 22, 2021

Small businesses need suitable types of insurance to protect assets against damage and legal claims. While most business owners hope they’ll never have to rely on insurance, the truth is, it’s an essential investment. It could make the...

Wednesday, December 15, 2021

There’s a potential game-changer being discussed when it comes to retirement savings. It’s called SECURE Act 2.0 (Setting Every Community Up for Retirement Enhancement Act), and it’s intended to help more Americans ensure they’ll have...

Wednesday, December 8, 2021

The Internet is your entrance to the marketplace for the world from the comfort of your home or office. There are safety concerns to address when it comes to identity theft and fraud because organized identity theft groups constantly...

Wednesday, December 1, 2021

If you're one of America's 64 million Social Security beneficiaries, you might want to prepare yourself for a significant pay raise. According to the Social Security Administration, the annual cost-of-living (COLA) benefits increase...

Wednesday, November 24, 2021

It's Long-Term Care Awareness Month, and it might also be time for you to purchase your insurance plan. Insurance can be costly and confusing, but it's also necessary to avoid wiping out your retirement savings. Knowing what you need...

Wednesday, November 17, 2021

It's Long-Term Care (LTC) Awareness Month, and whether you're in the market now or just curious about insurance coverage choices for the future, it's important to know where, why, and how to get answers. There are three main options...

Wednesday, November 10, 2021

According to a February 2021 Barron's article, there will be 60% more elderly population by 2030. That's less than a decade away, which means now is the time to talk about care planning. If you're an annuity owner, chances are you're...

Wednesday, November 3, 2021

Let's start with the most echoed statement on the web: Americans are living longer but aren't necessarily healthier, leading to health problems later in life. The U.S. Department of Health and Human Services reports that 69% of people...

Wednesday, October 27, 2021

Annuities are one way to generate a lifetime income, save for retirement, and leave a financial legacy. However, there are three main types of annuities—fixed, variable, and indexed—so selecting the right one for you can get...

Wednesday, October 20, 2021

Social Security is neutral with respect to gender—individuals with identical earnings histories are treated the same in terms of benefits. This information from the Social Security Administration (SSA) highlights how the Social...

Wednesday, October 13, 2021

According to the FINRA website: power of attorney is a legal document you sign to grant someone you trust with authority to make decisions on your behalf. You must sign when you're still mentally competent for your power of attorney to...

Wednesday, October 6, 2021

Medicare open enrollment – also known as Medicare's annual election period – runs from October 15 through December 7. During this window, Medicare plan enrollees can reevaluate their coverage and make changes or purchase new policies...

Wednesday, September 29, 2021

While life insurance is designed to benefit your loved ones after you pass away, it also helps them and you before that time comes by way of something known as living benefits. Living benefit options for term life include: Accelerated...

Wednesday, September 22, 2021

Ever wonder what type of life insurance is best for you? It's going to depend on a variety of factors, including how long you want the policy to last, how much you're willing to pay, and if you wish to use the policy as an investment...

Wednesday, September 15, 2021

Many small-to-medium-sized business owners don't recognize how beneficial a life insurance policy can be to the success of their business. Whole life insurance can help companies break free from traditional bank loans, benefit their...

Wednesday, September 8, 2021

The best time to apply for life insurance is when you're young, healthy, and not likely to need it soon. The reason is simple: The younger you are, the lower your life insurance premium will likely be due to your probable lack of...

Wednesday, September 1, 2021

Life can be full of surprises, and you want to be ready for whatever lies ahead. Through life insurance, you can prepare for the unexpected by providing financial security for your loved ones in the event of your death. An important...

Wednesday, August 25, 2021

The Setting Every Community Up for Retirement Enhancement (SECURE) Act fundamentally changed the rules governing distributions from inherited retirement accounts. Inheriting an IRA or 401(k) under the new administration could create...

Wednesday, August 18, 2021

Each type of retirement benefit has a different eligibility age. Your age plays a significant role in how much you can expect to receive from Social Security and what you need to do to avoid retirement account penalties. Key Milestones...

Wednesday, August 11, 2021

If you're 62 or older – and want money to pay off your mortgage, supplement your income, or pay for healthcare expenses – you may consider a reverse mortgage. It allows you to convert part of the equity in your home into cash without...

Wednesday, August 4, 2021

Pre-tax contributions, tax-free withdrawals, and tax-free gains = the Holy Grail of savings opportunities. If you estimate yourself at the 25% tax bracket when you retire, and you put $60,000 into a savings account, you lose $15,000 to...

Wednesday, July 28, 2021

2021 could be the pivotal year for how businesses operate moving forward. Will they offer employees a work from home option, will Zoom meetings be standard procedure, will telehealth replace typical doctor visits? The answers are still...

Wednesday, July 21, 2021

There's much to be said for taking care of your health, and you should make caring for your wealth part of your focus, too, as it directly correlates. In fact, the American Journal of Public Health confirms that Americans at lower...

Wednesday, July 14, 2021

The 2019 Employee Wellness survey by PwC found that 73% of Millennials, 70% of Generation X, and 61% of Baby Boomers think health care costs will adversely affect their retirement. If a healthy 65-year-old couple retiring in 2019...

Wednesday, July 7, 2021

"Shirtsleeves to shirtsleeves in three generations." The saying is true, and the cycle is real. As the expression indicates, after the buying, the building, and the selling, there's rarely anything left of a family's wealth for the...

Wednesday, June 30, 2021

For many, owning a business is the American dream come true, and making management decisions that grow your business brings about well-deserved feelings of accomplishment. Playing devil's advocate here—did you decide to use any of your...

Wednesday, June 23, 2021

Carrying consumer debt into retirement can quickly reduce the monthly cash flow available to spend on healthcare, travel, and leisure activities or could necessitate drawing down retirement accounts faster than planned. Either...

Wednesday, June 16, 2021

Over 99% of America's 28.7 million firms are small businesses, and 88% have fewer than 20 employees. After the year of COVID, many can't wait for a Government stimulus to bail them out and are instead looking for ways to fund their...

Wednesday, June 9, 2021

Many families have plans to give their children and grandchildren financial gifts when they die, but it might make sense to gift earlier. Making financial gifts during your lifetime can significantly impact their lives, sometimes when...

Wednesday, June 2, 2021

Every year the federal government decides how much of your estate isn't subject to taxes when you die. This year, thanks to inflation, it increased to $11.7 million. This means, when you pass away, the value of your estate is...

Wednesday, May 26, 2021

Millennials are victims of many stereotypes, but the one that portrays them positively suggests they're a planning generation. They research and collaborate and plan for all life's major decisions, and their long-term care (LTC) isn't...

Wednesday, May 19, 2021

Candidates run campaigns on promises and plans, but that doesn't mean they ever come to fruition. The Biden administration will maintain a Democratic majority in both the House and the Senate for at least the next two years, giving him...

Wednesday, May 12, 2021

Does your estate plan include transferring your wealth onto your family? Have you looked over potential tax implications? It's important to understand that your beneficiaries may be in for sticker shock when they receive a tax bill...

Wednesday, May 5, 2021

Guaranteed returns, you ask? Yes, but it's complicated – one simple word can make a big difference. If you have a fixed annuity, you get a fixed rate of return. If you add one simple word "indexed" creating a fixed indexed annuity,...

Wednesday, April 28, 2021

We spend years of our life working and saving for that retirement dream, and as you get closer, it's important to take all steps to preserve your nest egg. Perhaps a move across state lines will help in that endeavor. Some states don't...

Wednesday, April 21, 2021

Cryptocurrency is a form of digital payment that can be exchanged online for goods and services. Many companies have issued their own currencies, often called tokens, and these can be traded specifically for the good or service that...

Wednesday, April 14, 2021

The Social Security Administration (SSA) recently announced that the annual cost-of-living adjustment (COLA) for benefits would be 1.3%. Here's a closer look at some of the most significant changes affecting Social Security recipients...

Wednesday, April 7, 2021

Financial Literacy Month suggests it's time to take advantage of available tools, resources, and tips for financial education that can help increase your financial success. This month put yourself back in the driver's seat! Do a...

Wednesday, March 31, 2021

Don't overlook the benefits that annuities provide during your retirement planning years. Yes, some myths make them appear to be a lousy choice, but there are reasons to trust in financial insight rather than the Google results on the...

Wednesday, March 24, 2021

The loose definition of a financial professional is someone that provides insight intended to lead to a better outcome for your financial future. The workings of their daily routine include everything from planning to building your...

Wednesday, March 17, 2021

If you have a Health Savings Account (HSA) option, the benefits are worth the investment. The tax benefits of an HSA magnify the advantage of investing in, say, stock funds or diversified mutual funds. First, your contribution is...

Wednesday, March 10, 2021

Retirees face multiple income traps, and many retired taxpayers will see a portion of their Social Security income make its way onto the taxable income line of their 1040s. Those who convert their traditional IRAs to Roth IRAs are...

Wednesday, March 3, 2021

The Internal Revenue Service announced that the nation's tax season started on Friday, February 12, 2021, but it’s important to note that the filing deadline wasn’t extended. The February 12 start date for individual tax return filers...

Wednesday, February 24, 2021

As if the 2008 recession wasn’t rough enough, hardships struck millennials again in 2020. Already facing professional and financial challenges, including a dismal job market, sky-high levels of student debt, and soaring living costs,...

Wednesday, February 17, 2021

Imagine if Goldilocks was planning her retirement: “this date is too early” and “this date is too late” but “this date is just right”! Sweet retirement can’t come soon enough for some of us, but it’s important to know precisely when...

Wednesday, February 10, 2021

Your business’s success is in your hands when you're self-employed, so you need to be knowledgeable about and take advantage of whatever assistance is available—especially when it comes to lowering your tax bill. It’s commonly known...

Wednesday, February 3, 2021

The face of identity theft has changed dramatically, evolving with the technology and economic landscape surrounding it. Understanding your exposure and staying informed of the trends and methods that thieves use to steal from you is...

Wednesday, January 27, 2021

“You have brains in your head. You have feet in your shoes. You can steer yourself any direction you choose. You're on your own. And you know what you know. And YOU are the one who'll decide where to go...” ― Dr. Seuss, Oh, the Places...

Wednesday, January 20, 2021

This past year highlighted small businesses more than any other. The impact from a struggling economy has not gone unnoticed and the support from local shoppers has made the difference between open and closed for many small business...

Wednesday, January 13, 2021

All 50 states and the District of Columbia have now certified their presidential election results, and President-Elect Joe Biden will drive our next four years. What does that mean for your investments as you move closer to retirement?...

Wednesday, January 6, 2021

Happy New Year! It’s a new year, a new you, and a new time to do things differently—like your taxes. Tax-filing season is officially here, and there are many things you can do to be prepared and organized. Here are a few simple tips...

Wednesday, December 23, 2020

Did you know it’s possible for your tax bill to go up once you retire? One possible reason: A portion of your Social Security benefits could be taxed. Another possibility: Your tax-deferred retirement account tax bill comes due when...

Wednesday, December 16, 2020

The Social Security Administration (SSA) recently announced that the 2021 annual cost-of-living adjustment (COLA) for benefits will be 1.3%. That's a small but essential increase for millions of beneficiaries who will see a rise in...

Wednesday, December 9, 2020

Go beyond maxing out your employee 401(k) to find the opportunities that could save you your hard-earned cash when it comes to paying taxes. Minimize the use of Active Management for Brokerage Accounts.The more you trade, the more...

Wednesday, December 2, 2020

Are you wondering if you can deduct your credit card interest this tax season to move to a lower tax bracket? The answer is most likely no. The Tax Cuts and Jobs Act, signed by President Trump in 2017 was the biggest overhaul of the...

Wednesday, November 25, 2020

In addition to the emotional high that giving to those you care about brings, giving can now also be a savvy tax move for families with substantial wealth. That’s because both the present value and any potential growth of the...

Wednesday, November 18, 2020

Consider this: about 70% of Americans will require long-term care, long-term care facilities cost between $80,000-$150,000 annually, and the average stay is approximately 3 years. Those figures all add up to one thing; it’s time to...

Wednesday, November 11, 2020

Medicare Open Enrollment ends December 7, 2020, and there are a lot of changes that will impact Medicare Advantage plans and Part D coverage options for those ages 65+. Premium and deductible costs – The standard premium for Medicare...

Wednesday, November 4, 2020

Should you develop a health condition that requires part- or full-time care, and your health insurance doesn’t cover the costs, how will you pay for what you need? Answer: Long-Term Care Insurance (LTCi). The U.S. Department of Health...

Wednesday, October 28, 2020

As we head toward the finish line of 2020 and gear up for 2021, setting goals and getting your life in order should be a priority. One of the best places to start is by understanding your net worth and determining if you are on track...

Wednesday, October 21, 2020

You have worked hard to build up your retirement savings, but you can’t keep retirement funds in your account indefinitely. However, thanks to the recent SECURE Act, if your 70th birthday is July 1, 2019 or later, you can delay taking...

Wednesday, October 14, 2020

Medicare Open Enrollment starts October 15, 2020 and if you’re new to Medicare or if you need to review and make changes, it’s time to talk with your financial professional to ensure your future medical needs will be covered....

Wednesday, October 7, 2020

Social Security (SS) faces a financial challenge from the impending retirement of the largest generation in American history, the 76 million people born in the “baby boom” years (1946 through 1964). These boomers began to hit...

Wednesday, September 30, 2020

For most families, navigating elder care decisions falls somewhere between adult siblings happily gathering together and planning for their parent’s future and siblings who barely speak making rash decisions in an effort to end a...

Wednesday, September 23, 2020

2020 came in like a hurricane and it’s still stirring up the landscape nine months later. Unemployment is at an all-time high and consumer spending at its lowest. Any changes from this year’s election won’t come in time to get your...

Wednesday, September 16, 2020

The elections are coming up fast and with the current state of the country, we can expect a lot of changes to take place soon after the election, regardless of the outcome. Many of these changes will impact you financially so you want...

Wednesday, September 9, 2020

With COVID-19 at the forefront of everyone’s mind, many who have been holding off on estate planning are now prompted to quickly finalize estate plans so they will have something in place should illness or worse come calling. Without...

Wednesday, September 2, 2020

For young couples just getting started, new commitments, such as buying your first home or having children, bring with them the responsibility of making sure your loved ones will be provided for financially. Life insurance can help...

Wednesday, August 26, 2020

If the fear of outliving your retirement savings really haunts you, then looking into income sources that will keep going as long as you do may not be such a bad idea. You can potentially alleviate this financial anxiety by considering...

Wednesday, August 19, 2020

Election years historically bring uncertainty to the stock market, and uncertainty often translates to economic volatility. While the changing of the guard will have an impact on your retirement, changes you make today can determine if...

Wednesday, August 12, 2020

Have you discovered the value of podcasts for financial insight? Gaining outside perspectives is a smart way to look at your financial future. There are podcasts for all ages, genres, and cultures and they can be fiction or nonfiction...

Wednesday, August 5, 2020

As we head into the second half of 2020, you may notice a change in the way investment plans are presented to you by your financial advisor. The SEC implemented a new ruling called Regulation Best Interest (REG BI) that is aimed at...

Wednesday, July 29, 2020

The Internal Revenue Service (IRS) announced it has expanded retirement fund withdrawal eligibility to "take into account additional factors such as reductions in pay, rescissions of a job offer, and delayed start dates." The updated...

Wednesday, July 22, 2020

Select premium credit cards often come with a concierge service benefit and most cardholders don’t know or don’t take advantage of the service. Much like having an assistant at the office, a concierge can do the legwork for your...

Wednesday, July 15, 2020

The impact of COVID-19 is colossal and everyone is feeling the impact. We all know someone who needs extra care during this pandemic. Do you have the financial resources and peace of mind in place to help? Perhaps you are a child...

Wednesday, July 8, 2020

Everyone ages and, as a result, they eventually need personal and medical care in a comfortable living environment. Seniors are tasked with deciding what their care will look like and where they want to wake up each morning. With...

Wednesday, July 1, 2020

For some, the onset of COVID-19 brought about a much-needed reprieve from the traditional Spring tax deadlines. The Internal Revenue Service (IRS) extended the deadline for all taxpayers to July 15, 2020. Anyone, including Americans...

Wednesday, June 24, 2020

These days women not only have to worry about balancing their duties as a family manager, but must focus on their own identity as financial contributors as well. Despite being great savers and increasingly influential in the workforce,...

Wednesday, June 17, 2020

“I’m getting a divorce.” When one hears that statement, the first thought that frequently comes to mind is prepare for an emotional roller coaster and all the expenses that come with it. Every divorce is emotionally and financially...

Wednesday, June 10, 2020

Did you know that Medicare typically doesn’t cover nursing homes or any in-home care? According to statistics, someone turning 65 today has almost a 70% chance of needing some type of long-term care assistance.1 This includes...

Wednesday, June 3, 2020

With warmer temperatures, longer days, and spending more time at home, summer may be the prime time for home renovations. Whether it’s repainting your home, building a backyard deck, or remodeling the kitchen, modifications can not...

Wednesday, May 27, 2020

When it comes to growing and preserving wealth, it’s important to bear in the mind the volatility of the markets and how it could impact your retirement income. Fortunately, there are ways to help shield your savings from market woes....

Wednesday, May 20, 2020

Not too long ago, everything was normal and seemingly under control. Since then, the spread of the pathogen has shaken the foundation of the world we once knew and exposed the vulnerabilities of our health care systems. On March 26,...

Wednesday, May 13, 2020

Over the past several months, the pandemic has led many Americans to financial hardships. Individuals are fearful of how they’ll meet their financial obligations. The stimulus package may help alleviate some of the concerns, but what...

Wednesday, May 6, 2020

In response to the economic fallout of the COVID-19 pandemic, the CARES Act contains a number of essential measures important to the financial security of the American population. This far-reaching legislation offers protection and...

Tuesday, May 5, 2020

Kids and grandkids are out of school and many of us are looking for ways to keep them occupied and on track with their schooling. Below are a few free resources that you can use with your loved ones to explore the world with a simple...

Wednesday, April 29, 2020

Could COVID-19 change our lives forever? Undoubtedly so. The viral outbreak has absolutely upended our lives. With the stock market meltdown that began on February 20, 2020 and panicked headlines dominating the news, the financial...

Tuesday, April 28, 2020

Many of us are adapting to this new COVID-19-induced environment. While it can serve as a disruption, one can still be very productive in our work. To help you settle in and feel more in control of your own work while at home, we...

Wednesday, April 22, 2020

A pandemic poses a number of challenges that not only harms our health and our communities, but also our economies. As we’ve witnessed, the rapid-moving pathogen COVID-19 has brought daily lives of tens of millions of people to a...

Tuesday, April 21, 2020

The coronavirus is keeping us indoors, but you may still have to step out for essential errands like grocery shopping, grabbing take-out meals or picking up prescriptions from the pharmacy. As you’re venturing out, be cautious of...

Wednesday, April 15, 2020

The arrival of the COVID-19 pandemic has shook the financial stability of millions of Americans. In addition to mortgage relief, many financial institutions of all sizes, including Ally Financial, Bank of America, Citi, and Fifth Third...

Tuesday, April 14, 2020

With uncertainty swirling over the coronavirus (COVID-19), the markets are undoubtedly taking a hit. And while market volatility can be unsettling, it’s times like these when it’s important to remember we’re always keeping a watchful...

Wednesday, April 8, 2020

As the number of COVID-19 cases in the U.S. continue to rise, Americans are seeing their hours cut, jobs disappearing, and expenses adding up. While the situation remains grim and many are waiting to return to work, homeowners are...

Tuesday, April 7, 2020

In light of the coronavirus (COVID-19), we understand the concern and uncertainty you may be experiencing. As your entrusted financial professionals, we value not only the financial health of our clients and their families, but also...

Wednesday, April 1, 2020

Amid the COVID-19 outbreak, the Treasury Department and Internal Revenue Service (IRS) announced that the tax deadline is being extended from April 15, 2020 to July 15, 2020.1 This allows three additional months for taxpayers to file...

Wednesday, March 25, 2020

The federal tax deadline of Wednesday, July 15 (recently extended in response to COVID-191) will be here sooner than you think. And many of you may be excited about the possibility of receiving a sizable refund. After filing taxes,...

Wednesday, March 18, 2020

If you’re feeling behind when it comes to retirement savings, you’re not alone. A surprising 70% of Americans are either falling short or don’t know where they stand.1 If you find yourself in this predicament, it’s time to stop...

Wednesday, March 11, 2020

As we get older and become frailer, we may find ourselves needing help with everyday activities that’s as simple as getting dressed, eating, or getting in and out of bed. Even if we’re healthy, accidents may necessitate assistance with...

Wednesday, March 4, 2020

If there’s one thing almost everyone can agree on, it’s not wanting to pay taxes. After all, who wants to give up their hard-earned money to the government? The retirement savings gap is a multifaceted issue for many working people....

Wednesday, February 26, 2020

Life insurance proceeds can allow the bereaved to properly grieve without worrying about money. It gives families the financial protection that’s needed for potential funeral costs, living expenses, or even their financial future. If...

Wednesday, February 19, 2020

After working hard all your life and planning diligently to achieve financial independence, the last thing you want is having to fork over a large percentage of your income to the IRS. Even when you’ve left the workforce, taxes will...

Wednesday, February 12, 2020

Since its inception on August 14, 1935, Social Security has been instrumental in providing a foundation of income for many American retirees. Not only are Americans falling behind on savings for retirement, but Social Security was...

Wednesday, February 5, 2020

The retirement landscape is constantly in flux as Americans adapt to the ever-changing financial environment. On December 20, 2019, President Donald Trump signed the Setting Every Community Up for Retirement Enhancement (SECURE) Act as...

Wednesday, January 29, 2020

As you’re making resolutions to do things better in the new year, here are three resolutions to ensure your estate plan is where it should be in 2020: Resolve to have an estate plan in place. According to a survey, 57% of U.S. adults...

Wednesday, January 22, 2020

When planning for retirement, annuities can be critical to your strategy. They can provide a guaranteed stream of monthly payments that’ll last the rest of your life. Even though annuities may come in all shapes and sizes, here are...

Wednesday, January 15, 2020

Saving is something many people wish to do more of, but a study finds 58% of Americans have less than $1,000 tucked away in their savings.1 Because we live in a society of consumerism and consumption, we spend beyond our means and have...

Wednesday, January 8, 2020

Life insurance isn’t just for those married with children, single adults without children can benefit from it, too. When you’re single, healthy, and childless, a life insurance policy is probably the last thing on your mind. You might...

Monday, January 6, 2020

Happy New Year! It’s a new year, a new you, and a new time to do things differently—like your taxes. Tax-filing season is officially here and there are many things you can do to be prepared and organized. Here are a few simple tips...

Monday, December 23, 2019

The New Year marks the opportunity for a new beginning. It’s a time to reflect, refresh, and recommit. A great way to start may be with solid financial resolutions that can help you reach your goals. You can start by making a list, but...

Wednesday, December 18, 2019

The average age most Americans expect to retire is 66, but there are a number of people settling into their golden years early. Planning for a traditional retirement isn’t always that simple and striving to retire early requires even...

Wednesday, December 11, 2019

Many of us get so caught up in the holiday madness that we toss our budget aside and fall into what seems to be a never-ending spending cycle. Last year’s report shows about 51% of Americans overspent their budget on holiday gifts and...

Wednesday, December 4, 2019

As we set our eyes on the new year, it’s an ideal time to sit down and review your financial strategy. Take a few moments to review some of these deadlines and take advantage of the opportunity to grow your wealth and better position...

Friday, November 1, 2019

We all have financial responsibilities that can become a balancing act. Some that are significant to us while others aren’t. With competing financial obligations, there never seems to be enough money to go around and retirement becomes...

Friday, November 1, 2019

Today, Americans 65 and older are more likely to be working than in 1985. More than 20% are working part- or full-time, and the numbers are projected to continue climbing, according to a recent study.1 Reasons for working longer? There...

Friday, November 1, 2019

Every day, thousands of baby boomers are reaching their retirement age. A report revealed the U.S. population age 65 or older has increased by at least 50 million people in the last ten years.1 With the growth of the retirement...

Friday, November 1, 2019

If you’re like most people, you don’t like the thought that you might need long-term care (LTC) at some point in your life. Today, there’s a 70% chance that you’ll be needing some type of LTC service when you turn age 65.1 However, LTC...

Wednesday, October 30, 2019

It’s a fact that many Americans aren’t saving enough for retirement with 69% only having 10% or less of their income saved.1 Reasons? They’re clouded by many misconceptions that leads them to ignoring the steps needed to secure their...

Wednesday, October 23, 2019

Life insurance may seem bewildering at first glance, but it can be very simple. This insurance serves the purpose of lessening the financial burden on the family when a loved one passes away. If you have anyone that relies on you...

Wednesday, October 16, 2019

Retirement might sound like a far-off dream, but it’ll become reality sooner than you think. You’ve worked hard for it and if planned right, you can enjoy the retirement that you’ve always envisioned. Here are a few tips that can have...

Wednesday, October 9, 2019

In the past few months, we’ve witnessed a number of natural disasters. With Hurricane Season looming over our coastal areas, being prepared can help you, your family or your business minimize the impact of not just hurricanes, but of...

Wednesday, October 2, 2019

For many retirees, Social Security is a key component of retirement with 97% either receiving or will receive it.1 It provides a foundation of income on which workers can build to plan their golden years. Though Social Security remains...

Tuesday, October 1, 2019

Believe it or not–someone turning 65 today has almost a 70% chance of needing some type of long-term care (LTC) service.1 When you think about it, the odds of being in a nursing home are a lot higher than totaling your car or losing...

Wednesday, September 18, 2019

As parents, we bear the great duty of raising our children to be strong, independent, and better versions of ourselves. This responsibility comes with many financial obligations to balance for the goal of setting them up for success...

Wednesday, September 11, 2019

Life can be full of surprises and you want to be ready for whatever lies ahead. Through life insurance, you can prepare for the unexpected by providing financial security for your loved ones in the event of your death. An important...

Wednesday, September 4, 2019

What does it mean to be truly happy in retirement? Is it financial independence, health, adventure, or all of the above? The vision of the ideal retirement is often different from person to person, but the foundation of a happy and...

Wednesday, August 28, 2019

Many Americans are aware of the tax benefits such as individual retirement accounts, or 401(k) savings plans; but the less-known HSA can provide some major tax relief. Here are three ways:Tax-free contributions. All money you set aside...

Wednesday, August 21, 2019

A person turning age 65 today has almost a 70% chance of needing some type of long-term care service. It’s considered one of the largest potential expenses in retirement with the average lifetime long-term care expenditure being $138...

Wednesday, August 14, 2019

Congratulations! You’re finally at the finish line. Your years of hard work are coming to an end and your days of freedom are here. Although a huge weight has been lifted off of your shoulders, there are a few blunders to avoid in...

Wednesday, August 7, 2019

Marriage is about joining your life completely with someone else’s. It’s not what’s his is hers or what’s hers is his. No one said it’s easy when it comes to having to share your entire life. Studies revealed one of the top issues...

Wednesday, July 31, 2019

Retirement is the time where we should be able to kick back, relax, and enjoy being free of responsibility. While we’re relieved from the heavy demands of being in the workforce, in retirement, we’re in charge of our own lives and...

Wednesday, July 24, 2019

There’s a common misconception that estate planning is only for the wealthy. Regardless of your financial situation, an estate plan allows you to have a plan in place after your death. Especially if you have a house, children, and...

Wednesday, July 17, 2019

The last thing you’d want to think about is your own death. But the fact is–death is inevitable. While it’s a difficult topic to process, it’s a good thing to be prepared and plan ahead for when the time comes. Ask yourself these...

Wednesday, July 10, 2019

July marks the halfway point of the calendar year and is the perfect time to financially reflect on what’s already passed and what’s to come: Have I saved enough? How much have I spent so far? Where am I in reaching my goals? Is it too...

Tuesday, July 2, 2019

Over the years, the cost of nursing home and long-term care costs have risen and continues to surge. Studies reveal 69% of retiring Americans will need some sort of long-term care during their life.1 And if there’s a single unsolved...

Wednesday, June 26, 2019

Among the many challenges of retirement planning is whether you should pay off your mortgage before you retire. Though it’s collective knowledge to be debt-free as much as possible, it may not make sense or be possible for everyone. On...

Wednesday, June 19, 2019

Running out of money in retirement is a major concern for many Americans. You don’t work hard to just save for retirement and hope for the best. You want security and the stability and annuities can provide just that. Think of a...

Wednesday, June 12, 2019

Social Security benefits are the bedrock of retirement income for many Americans as they approach the end of their careers. As a vital part of a retirement plan, it’s important to understand what Social Security can mean to you and...

Wednesday, June 5, 2019

As retirees look ahead to a retirement with uncertainties, they need to have an adequate, dependable, and long-lasting stream of income. With an unpredictable stock market, grim outlook on Social Security and pensions, and a continuous...

Wednesday, May 29, 2019

When it comes to investment types, annuities are often misunderstood. Annuities can play an important role in your retirement plan because it’s not just about saving, it’s also about generating a steady stream of income so you can...

Wednesday, May 22, 2019

We can all almost say money is always on our minds…how much do I have in my account? Am I able to afford that? Do I simply enough? Being aware of your financial health is important. Studies reveal Americans could be saving more with...

Wednesday, May 15, 2019

Many people may think life insurance is just another unnecessary expense without realizing its purpose and benefits. The question to ask yourself is would someone in your life suffer financial hardships if you were to pass away? If the...

Wednesday, May 8, 2019

It’s never too early nor too late to start thinking about retirement and planning for one. It takes careful planning for your money to last a lifetime. Here are simple action steps you can take today to start preparing for your golden...

Wednesday, May 1, 2019

Many Americans significantly underestimate the impact that a loved one’s long term care needs could have on their own lives, marriages, work, and not to mention their finances. As a matter of fact, 57% of caregivers surveyed tapped...

Wednesday, April 3, 2019

Oftentimes we tend to be unrealistic when it comes to planning how much we can achieve and how long it will take, especially when it comes to setting money goals. A general rule to reaching your financial goals is to establish a plan...

Wednesday, April 3, 2019

For many, our children’s high school graduation is just around the corner and then they’re off to college. And we ask ourselves–where did the years go by? Besides seeing an empty nest, parents are also seeing empty pockets; thus,...

Wednesday, April 3, 2019

Estate planning is something that’s never easy to do or even to begin thinking about for that matter. But it can help give you comfort knowing your estate and loved ones are protected after your death. Avoid missteps and get your...

Wednesday, April 3, 2019

Today, women are providing more financial value to their household than ever before. Studies show 51% of women are responsible for household finances while 37% reported to be the primary breadwinner of their family (compared to 31% in...

Wednesday, March 27, 2019

Seniors can benefit from many discounts and offers; however, taxes aren’t one of them. Retirees will be shocked to find that much of their income is, in fact, subject to taxes. Here are a few that you can expect to face in...

Wednesday, March 20, 2019

When it comes to annuities, misinformation surrounds them. To help you make a sound decision on whether or not an annuity is right for you, here’s the truth behind some of the most common misconceptions:They’re only for retirees. While...

Wednesday, March 13, 2019

When it comes to retirement, both men and women face many risks. However, women are faced with greater financial obstacles:Living longer. It’s a known fact that women enjoy a longer lifespan than their male counterparts. As a matter of...

Wednesday, March 6, 2019

For many of us, we look forward to this time of year where we can expect some extra money in our pockets. The sooner we file, the sooner we can receive our tax refund. And you can do so by filing electronically, requesting your refund...

Wednesday, February 27, 2019

Many of us look forward to our golden days, the days where we can simply kick back, relax, and do a lot more things we didn’t have time for during our days of labor. How comfortable and secure your retirement will be depends on how...

Wednesday, February 20, 2019

Running out of money in retirement is a worry for many people. In fact, 55% of baby boomers and 57% of Generation X expressed outliving their savings is one of their greatest fears. 47% of millennials also have similar concerns.1...

Wednesday, February 13, 2019

Making the decision to place your spouse, partner, or family member in long-term care (LTC) might be one of the hardest decisions in your life. Nobody wants to think about putting their loved ones in assisted care. For many, it is a...

Wednesday, February 6, 2019

Filing season for the 2018 tax year is officially underway. To help you stay organized as you prepare to file, use the checklist below to gather all the forms and documents you’ll need.1Identification for You and Your SpouseFull...

Wednesday, January 30, 2019

Nearly 50 percent of Americans aren’t prepared for retirement.1 However, there’s still time to catch up. Here’s some insight on how you can better position yourself for securing a happy retirement:Pay off large debts. By focusing on...

Wednesday, January 23, 2019

It’s January of the New Year and other than starting fresh and enduring frigid temperatures, tax season has arrived. Below are some of the 2018 tax deduction changes you should know when filing in 2019.1Medical and dental expenses. You...

Wednesday, January 16, 2019

Have a life insurance policy? That’s great! If you don’t, well, you may want to reconsider. But what are some of the features that a life insurance policy should have built-in to it? There are a lot of different options, but here are...

Wednesday, January 9, 2019

Every birthday is special – but these are particularly important in your retirement journey.1 Here are some age milestones to keep in mind:Age 55 – Penalty-free distributions allowed from 401(k), if retiredAge 59 ½ – Penalty-free...

Wednesday, January 2, 2019

Happy New Year! We are officially in 2019, and there’s no better time to start fresh with your finances than now by laying out your goals for the New Year. Follow these simple tips below to help your financial year start off on the...

Wednesday, December 26, 2018

You’ve worked hard this year and it’s that time of the year again for New Year’s Resolutions. And for many of us, that means getting your finances in order. Follow the calendar below to track important deadlines and notices for your...

Wednesday, December 19, 2018

Many people think they don’t need life insurance for one reason or another. A lot of these same people also think life insurance is too expensive (it’s not). Add these two together, and you get a population that simply doesn’t...

Wednesday, December 12, 2018

There are millions of different ways a person can get themselves to be financially-stable in retirement, but what is the ideal way? Through examining studies and compiling expert opinions, MarketWatch came up with an ideal timeline for...

Wednesday, December 5, 2018

Now’s the time to observe your entire financial situation. The new year is upon us, so it’s only smart to start looking towards next year so you aren’t caught off-guard. Follow this quick tips and be on your way to a current financial...

Wednesday, November 28, 2018

There are some things in life that are just worth knowing. Retirement terms is one of those things. Regardless if you’re far off from retirement or in the middle of it, it pays to understand some common retirement lingo, so you’re not...

Wednesday, November 21, 2018

Many factors come into play when you consider an annuity. They come in various shapes and sizes, so it’s important to know which questions to ask to come away with the right annuity for you. We’ve compiled a list of questions you’ll...

Wednesday, November 14, 2018

We get it—life insurance isn’t the most exhilarating topic. No one wants to talk about their own death. And because of that, a lot of people don’t consider it a priority in their finances. Yet, nothing could be further from the truth....

Wednesday, November 7, 2018

In retirement, annuities can be an essential part of your income strategy. They can provide guaranteed income for as long as you live, and are often a great way to supplement income from the likes of a pension or Social Security....

Wednesday, October 31, 2018

If retirement is in your future, listen up: A secure retirement plan isn’t just about savings, it’s about generating income, too. If you’re focusing only on your retirement savings, you likely will miss out on the retirement you want...

Wednesday, October 24, 2018

A lot of people purchase life insurance and never look back. If that’s you, you may think that once you place a life insurance policy, you’re set until, well, you know.But that’s not really the case, given life’s dynamism. Here are...

Wednesday, October 17, 2018

With life expectancy continuing to rise as care costs grow with it, finding sustainable funding for long-term care (LTC) needs can be a challenge. Here are three ways to fund your LTC.Annuities – Annuity-LTC hybrid products deliver a...

Wednesday, October 10, 2018

Do annuities and retirement go hand-in-hand? Not always. But, annuities do serve as a great way to secure income in retirement, especially under certain conditions. Here are four situations where annuities make most sense in retirement...

Wednesday, October 3, 2018

Purchasing multiple term life insurance policies from different companies can prove to be a fiscally efficient strategy that works especially well if you’re able to predict when your coverage needs will diminish. For example, instead...

Wednesday, September 26, 2018

Life insurance is most valuable to you in times of need, which is why it's important to know in advance when and how to file a claim. Insurance companies are required to pay insurance claims promptly, but there are steps you or your...

Wednesday, September 19, 2018

A recent study found that there were 16.7 million victims of identity theft in 2017, combining for a total loss of $16.8 billion.1 Still to this day, one of the most effective ways to prevent identity theft is to spot and stop the...

Wednesday, September 12, 2018

Sending a child or grandchild to college comes with new insurance responsibilities. Whether they're already in college or still have a few years to go, your family's insurance needs change when your children go off to school....

Wednesday, September 5, 2018

Sending a child off to college? Sit down together and go over these important financial issues before dropping him or her off for the semester.Get your student set up with a credit card.If your child doesn't already have a credit card,...

Wednesday, August 29, 2018

There are some things in life that are just worth knowing. Retirement terms is one of those things. Regardless if you’re far off from retirement or in the middle of it, it pays to understand some common retirement lingo, so you’re not...

Wednesday, August 22, 2018

New types of policies are emerging that combine life insurance with long-term care (LTC) insurance, getting you covered for both. If you’re intrigued by these hybrid policies, they may be worth a look. Here’s a few notes about how they...

Wednesday, August 15, 2018

How much do you know about Social Security in 2018? Because of the program’s complexity, chances are you don’t know every little piece of information. These four facts serve to fill in some gaps in your Social Security knowledge. If...

Wednesday, August 8, 2018

If you’re retired or nearing retirement, you know how long you’ve been saving for your best years. Are you ready to manage your distributions well and budget correctly? If not, you may run out of money. Consider this tips when you’re...

Wednesday, August 1, 2018

Long-term care (LTC) insurance is often overlooked as a necessity, but as humans continue to live longer lives, LTC is becoming an important asset to have in your later years. It helps take care of daily tasks when you’re unable...

Tuesday, July 24, 2018

With retirees living longer than ever before, it’s becoming more and more important to accrue enough savings during your working years to help you live the retirement you deserve. The three strategies below can help you get your...

Wednesday, July 18, 2018

There are many types of annuities, but immediate annuities are one of the most popular options. These annuities are purchased with one lump-sum payment and begin paying out the agreed-upon amount right away. But, to be sure this...

Wednesday, July 11, 2018

Technology today allows for access to more information and choices than ever before across all industries – and financial advisory is no different. But, before you think about trying the next up-and-coming “robot advisor”, consider...

Tuesday, July 3, 2018

Did you know that 65% of Americans end up saving little or nothing at all? And only 39% can cover a $1,000 emergency. This begs the question, are you saving enough money? Here’s four signs that you need to be saving more.You don’t have...

Wednesday, June 27, 2018

Thinking of life insurance? You should be doing your math then, too. With a few simple “rules of thumb”, and dependent on your age, you can define a solid estimate based on your loved one’s needs in the future and your current...

Wednesday, June 13, 2018

Converting your individual retirement account (IRA) into an annuity can be an excellent way of supplying yourself with a steady income stream for the rest of your life. That doesn’t mean it’s for everyone, though. Here’s two pros and...

Wednesday, June 6, 2018

Social Security is meant to lead people into a comfortable, stress-free retirement. But, that doesn’t mean you don’t encounter some unchartered territory along the way. These tips should help you navigate Social Security with greater...

Wednesday, May 30, 2018

Estate planning is no easy task. There’s a lot of time and energy put into each plan. Every estate plan is unique, but unfortunately, the same mistakes occur. This isn’t an exhaustive list, but these three classic mistakes are...

Wednesday, May 23, 2018

The reality is many Americans – about 50 percent – aren’t prepared for retirement. If you don’t have enough saved up for your golden years, there is one way to catch up relatively quickly. Work a little longer. We know, we know, it’s...

Wednesday, May 16, 2018

You may have heard about fixed indexed annuities (FIAs) through the news, your friends or family, or perhaps your financial advisor…but do you know what they offer? Here’s four important characteristics of FIAs. FIAs allow people to...

Monday, May 7, 2018

It’s no secret that life insurance gives a much-needed financial safety net for your dependents if you aren’t around to be there. Mortgages, funeral costs, debt – the list of costs is plentiful. But when you’re deciding on a new policy...

Tuesday, May 1, 2018

Many Americans are aware of the tax benefits from certain savings accounts such as individual retirement accounts, or 401(k) plans; but the less-known HSA can provide some major tax relief. Here’s three ways: 1. Tax-deductible...

Wednesday, April 25, 2018

Most of our lives are spent saving for retirement, but when the time comes, how do you turn that nest egg you’ve created into a steady income? We’ve broken down three ways. 1. Annuitization. Income annuities take a lump sum of cash...

Wednesday, April 18, 2018

Americans routinely report being anxious about their money and retirement plans. Today, over 50% of American adults report being either “very” or “moderately” worried about retiring with too little money. How can you achieve a...

Wednesday, April 11, 2018

As you get older, the pressure to plan for long-term care costs rise with your age. To get a good deal on long-term care (LTC) insurance easier, here’s a few secrets for you. 1. Assess your risk. When you’re searching for the right LTC...

Wednesday, April 4, 2018

Even though required minimum distributions (RMDs) are due by the end of the year, there’s some practicality in taking advantage of your RMDs earlier rather than later. Here’s three reasons why taking RMDs out early can be advantageous:...

Wednesday, March 28, 2018

The “bucket” savings strategy has been gaining traction in recent years, but is it right for you? The idea is simple: have three “buckets” of money where you save – one for now, one for soon, and one for later. Assets are then...

Wednesday, March 21, 2018

With all its intricacies and technicalities, life insurance can be tough to figure out. Knowing these three myths can make your pathway to coverage easier to understand. Myth #1: I should always buy term insurance and invest the...

Tuesday, March 13, 2018

Annuities have been a hot commodity in recent years but can sometimes get a bad reputation. While annuities aren’t for everyone, there are situations where annuities may be the best option available, especially as you near retirement....

Wednesday, March 7, 2018

It’s that time of year—Uncle Sam is asking for money again. If you’ve kept up with the news, you probably know the tax laws have changed a bit. Here’s five important changes you should know before Tax Day. 1. Standard deductions...

Wednesday, February 28, 2018

Not the most exciting topic, long-term care (LTC) is often avoided or overlooked by people when planning their retirement years. However, it can be one of the most important things to have later in life. Having an LTC policy in place...

Wednesday, February 21, 2018

It’s not for everyone. But, if it’s possible for you, there’s a few great reasons to start collecting Social Security once you hit the age of 62. Check out the reasons below and see if it seems right for you. Reason #1: You may have to...

Wednesday, February 14, 2018

Whether you're aware of them or not, there are some substantial benefits to having a 401(k) plan. Here are four benefits that make these plans worth having. 1. Payroll deduction. At the surface it may not seem ideal, but in reality,...

Wednesday, February 7, 2018

A lot of people ask, “When should I start my estate planning?” The shorter answer is: it’s never too early. There’s lots of ways to go about planning, but generally there are three main steps to be followed when you start: Start by...

Wednesday, January 31, 2018

The new year has begun, and with it, some tweaks and changes have been made to Social Security that its beneficiaries may notice. Here’s a look at what you can expect if you’re a beneficiary in 2018: A higher tax cap. Workers will now...

Wednesday, January 24, 2018

Annuities: insurance contracts that offer guaranteed income, usually for life. Some even have capital appreciation. But, you probably already knew that. Do you know the five primary types of annuities, though? Each is unique, and all...

Thursday, January 18, 2018

A new year brings with it lots of excitement, but also a lot of uncertainty. As a family, are you taking to necessary steps to set achievable, realistic financial goals for 2018 that will help remove any uncertainty from your personal...

Wednesday, December 20, 2017

Giving to charities is a great way to help out your community and give back during the holiday season. Charitable gifting can take many forms, from cash donations to even donated appreciated assets. And individual donations make up...

Wednesday, December 13, 2017

Financial information can often include confusing industry jargon and lingo. But understanding your financial details can help you use better judgment to make decisions. We are continuing our guide to help you get a hold of common...

Wednesday, December 6, 2017

No matter your stage in life, saving money is essential to ensure you can afford your lifestyle. Yet, Americans have a money-savings problem: 69% of people do not have $1,000 in savings.[1] Without this financial buffer, we end up...

Wednesday, November 29, 2017

Losing a loved one and life partner is a devastating experience that no one can fully predict. Despite the emotional heaviness one must navigate, another pressing topic requires attention: finances. Knowing how to move forward in your...

Wednesday, November 22, 2017

Financial literacy in America is staggeringly low. The U.S. ranks 14th on a global scale of financial literacy, and 1 in 5 teenagers do not have basic financial skills.[1] Helping our younger loved ones to understand the...

Wednesday, November 15, 2017

Saving enough money to last through retirement is an ongoing responsibility and one that Americans should take seriously. And the money you may need could be is more than simply replacing the income you had during your career. You...

Thursday, November 9, 2017

Owning a business in the U.S. is an integral factor of our economy. In fact, the U.S. has 28.8 million small businesses, comprising 99.7% of all business in America.1 And while risks abound in entrepreneurship, owners can take...

Monday, November 6, 2017

When purchasing a life insurance policy, you can opt to add on different benefits to a standard policy and expand your coverage. These riders help you customize your protection for supporting your family’s unique needs. Different life...

Thursday, October 26, 2017

When purchasing a life insurance policy, you can opt to add on different benefits to a standard policy and expand your coverage. These riders help you customize your protection for supporting your family’s unique needs. Different life...

Thursday, October 19, 2017

Financially preparing for retirement is essential in order to maintain your quality of life as you age. As long-term-care costs continue to rise, having adequate money to cover any medical situations is an escalating concern. And the...

Thursday, October 12, 2017

So, you have sent the kids off on their own and now find yourself an empty nester. This new life stage brings quieter vibes in the house and less multitasking to manage. But beyond the physical changes, you also have new financial...

Wednesday, October 4, 2017

Finding any helpful reason to pull down your tax liabilities is a welcomed benefit, no matter one’s age. But, once you move into your golden years, exploring new tax benefits is worth the time and effort—you may have specific tax...

Thursday, September 28, 2017

Once retired, many once-active people fall prey to the lure of the couch. With newfound time on their hands and a new life stage before them, finding ways to occupy themselves can be challenging. Yet, making a point to stay active and...

Wednesday, September 20, 2017

September is Life Insurance Awareness Month, which aims to increase awareness about the importance and helpfulness of having life insurance coverage. Over the years, life insurance has become an essential way to protect one’s...

Wednesday, September 6, 2017

No matter what life stage you’re in, knowing your financial health is important. Just as a regular checkup with the doctor will give you insights on your medical well-being—and any course corrections you should take—so, too, will...

Wednesday, August 30, 2017

Ensuring you have the money you need to support you throughout retirement is an ongoing responsibility that shouldn’t be overlooked, no matter what retirement stage you’re in. When building and maintaining your plan, healthcare is a...

Wednesday, August 23, 2017

Serving as a caregiver for your parents and children is a hefty responsibility that can impact many areas of your life. As a “sandwich generation” member, you are supporting aging parents—who may be ill, unable to be financial...

Wednesday, August 16, 2017

Aging can be a difficult topic for families to address when planning for seniors’ financial and care needs. Discussing emotional details such as wills and caregiving needs can feel heavy and complicated, making the conversations easy...

Wednesday, August 9, 2017

Having enough money to last through retirement is essential, and retirees have a variety of financial strategies to help them build the lifelong income they need. One such financial option is purchasing annuities. Yet, many myths...

Wednesday, August 2, 2017

Most of your adult life, you’ve probably focused on building a retirement savings that will cover your living costs. But once you officially retire, your financial planning shouldn’t stop. Managing your expenses to support your...

Wednesday, July 26, 2017

Our lives inevitably change requiring us to evolve with the momentum. And for those holding life insurance policies, keeping your policy up-to-date and relevant to your life is essential. A variety of events can come our way at any...

Wednesday, July 19, 2017

For many people planning for retirement, investing into annuities is a helpful strategy to build guaranteed income. Once you take retirement distributions, you receive a set amount based on details like the annuity you purchased and...

Wednesday, July 12, 2017

No matter what stage of life someone’s in when he or she marries, a union brings reason to celebrate. And, for individuals who are 55 and older, remarrying is even on the rise.[1] When marrying later in life, people’s finances are...

Wednesday, July 5, 2017

Everyday, more and more baby boomers retire, bringing with them a shifting retirement landscape. This large demographic began turning 65 years old in 2011, and by 2029, all boomers will be at least 65, forming 20% of the U.S....

Wednesday, June 28, 2017

A seasoned military career brings a unique professional experience for millions of people each year. We have roughly 1.3 million active-duty military service members.1 And at least 1.47 million non-disability military retirees receive...

Wednesday, June 21, 2017

As retirees embrace their new life stage, many of them consider relocating to other locales. In fact, almost two-thirds of retirees plan to move or do move in retirement.1 While retirees move for a variety of reasons, relocating in...

Wednesday, June 14, 2017

Many retirees invest in annuities as a helpful strategy for building retirement income. Since fixed-rate annuities can provide guaranteed payments at set amounts, retirees can more easily predict and manage their budget. And having...

Wednesday, June 7, 2017

Divorcing later in life is becoming more normal for people who are 50 years or older. In fact, since the 1990s, this “silver divorce” rate has more than doubled. In 2015, for every 1,000 married people 50 and over, 10 divorced — an...

Wednesday, May 31, 2017

Summertime is nearly here, along with running ACs, cooling off at the pool, and other quintessential summer actions returning across the country. Beyond the temperature increase, summer can also bring increased spending. Here are some...

Wednesday, May 24, 2017

Have a new college graduate? Give your loved one the gift of financial readiness. The time of year is here when budding college graduates go out into the world to make their career dreams and goals a reality. Yet despite their new...

Wednesday, May 17, 2017

Navigating complex terms when managing your finances is an ongoing responsibility. Yet, with all the information to process, understanding the plethora of jargon and industry-specific terms can be cumbersome. We’re continuing our...

Thursday, May 11, 2017

When retirees have policies such as annuities, they receive distributions from these investments that can provide them with income. As such, when you hold annuities, you can typically elect different ways to receive this money, and...

Thursday, May 4, 2017

When you are planning for retirement, creating a strategy to receive ongoing income is an important way to help ensure you can maintain the quality of life you desire. Annuities can be a helpful tool for many investors, due to the...

Thursday, April 27, 2017

With the spring season budding, now is a great time to ensure your financial accounts are up to date and secure. Just like the dust that can collect in your house, so too can your financial accounts grow stale. No one wants to add...

Wednesday, April 19, 2017

Know The Difference Between Qualified and Nonqualified Annuities For many investors looking to secure their cash flow in retirement, annuities are a common way to receive the guaranteed income they need in the future.1 Different...

Wednesday, April 12, 2017

Paying for healthcare in retirement is no small task. With costs escalating and coverage growing more complex, you can take steps today to help ensure you’re not struggling tomorrow. As your explore your own retirement planning and...

Thursday, April 6, 2017

Maintain Your Standard of Living in Retirement Saving for retirement, and working to maintain your standard of living, is an ongoing responsibility so you don’t see your quality of life drop in your later years. Unfortunately, for...

Thursday, March 30, 2017

Last week, all four of the indexes we discuss in these market updates saw their performance stumble. The S&P 500 lost 1.44%, the Dow was down 1.52%, the NASDAQ gave back 1.22%, and the MSCI EAFE declined 0.07%. 1 On Tuesday, March 21,...

Wednesday, March 15, 2017

Being a small business owner is a unique life experience that can provide many personal and professional rewards, such as being in control of your career. But, this also brings specific financial challenges when creating a path to...

Wednesday, March 8, 2017

Before you retired, you spent time creating strategies that could help you reach your goals in retirement. You might have invested for the income you need, minimized your debt, or protected yourself with long-term-care insurance,...

Wednesday, March 1, 2017

Life insurance policies and annuities can be a helpful tool for providing extra protection and income for yourself and your family. But, you can also receive deeper benefits thanks to certain tax advantages that each investment offers...

Wednesday, February 22, 2017

Financial fraud is, unfortunately, a common practice in America that costs individuals and businesses billions of dollars each year. And research shows that people underreport financial fraud, which can also be difficult to...

Thursday, February 16, 2017

Losing a spouse is never easy — and a difficult topic for many to think about. But when you become a widow or widower, moving beyond the grief to address important financial items in your life is essential. Whether you recently lost...

Wednesday, February 8, 2017

Financial lives are inherently complex and require thoughtful perspectives and strategies for yourself and your loved ones. And you have even more financial nuances to organize if your family has two or more adult generations living in...

Wednesday, February 1, 2017

Enjoying a comfortable retirement depends on how well you prepared ahead of time to support your desired lifestyle — and how well you keep a pulse on your financial wellbeing after your retire. You may need to periodically check in and...

Wednesday, January 25, 2017

Life insurance and annuities can bring protection and retirement income that is essential for many people’s financial needs and goals. And when you purchase these items, you gain the opportunity to name beneficiaries who will receive...

Thursday, January 19, 2017

When preparing for retirement, imagining the new lifestyle you’ll embark on can be exciting. From travel to family time to relaxation, a fulfilling retirement looks different to each individual. But preparing for the quality of life...

Wednesday, January 11, 2017

The financial world is filled with confusing industry jargon and lingo. So, to help you get a hold of common terms you should know, we’ve put together a quick guide for your reference. From life insurance to annuities, use this...

Wednesday, January 11, 2017

For most of your adult life, you’ve had the protection of life insurance to help safeguard you and your family. But as your life evolves, your family's needs and financial goals will inevitably change, too. With every transition and...

Wednesday, December 28, 2016

For most of your adult life, you’ve protected yourself and your family with life insurance. Having a back-up tool in place to help replace income for your family should you pass away is part of a sound wealth-preservation plan. For...

Wednesday, December 21, 2016

For many Americans, preparing to retire takes decades of investing and careful saving so you have the income you need to support your lifestyle. And once that retirement begins, you have to start collecting on your investments into...

Wednesday, December 14, 2016

With 2016 ending in a handful of weeks, we’ve officially entered into the terrain of year-end tax planning. And if your assets include annuities, then you have specific details to be aware of when managing your taxes. A variety of...

Wednesday, December 7, 2016

Thanksgiving flew by, and now here we are, deep in the holiday season. And if you’re a grandparent, finding the perfect gift for your grandchildren can be challenging. While the hottest new toys and gadgets offer an exciting present...

Wednesday, November 30, 2016

Your Beneficiary Planning — Life Insurance and Annuities Investing brings with it a world of planning complexities to navigate as you pursue your unique financial goals. And your beneficiary planning when you have life insurance and...

Wednesday, November 23, 2016

No matter what life stage you’re in, making sure you have the income you need for retirement is an ongoing planning need. However, fewer than half of Americans are prepared to afford at least 80% of retirement expenses1. Retirees have...

Wednesday, November 16, 2016

Managing your family’s financial needs requires daily, ongoing oversight and planning if you want to uphold lifelong wellness. And for families who have loved ones with disabilities, the planning needs become even more intricate. You...

Thursday, November 10, 2016

Owning a small business can be an incredibly rewarding experience. But, when you’re your own boss, you also control your business’ destiny — which can directly affect your own life outside of being a business owner. And in order to...

Wednesday, November 2, 2016

So, you’re looking to save more money to support the income you need in retirement and are considering or want to revisit your annuities. As a retirement-income investment, annuities can help you grow tax-deferred savings until you’re...

Wednesday, October 26, 2016

Growing older in America today isn’t what it used to be. Twenty years ago, the average person’s life expectancy was 76 years1. Fast forward to 2016, and a woman turning 65 today can expect to live until 87 years old and a man can...

Wednesday, October 19, 2016

Life with grandchildren means getting to spend your later years doting on your favorite little ones. For some, it also means a new chapter of raising a family in a “second parenthood.” In fact, across the U.S., 2.7 million people are...

Wednesday, October 12, 2016

Retiring in America is how many people look to their futures. Saying goodbye to your working years and entering a stage of enjoying your life in new ways — often in ways you’ve dreamed of — is a rite of passage for most Americans. Of...

Wednesday, October 5, 2016

So, you’ve saved with your 401(k) and maxed out your IRA contributions and other traditional retirement-savings strategies. And you still have taxable money that should be helping you develop lasting retirement income, rather than...

Tuesday, September 27, 2016

We all know that life isn’t static. A constant ebb and flow of events like family developments, career changes, and retirement inevitably bring changes to your financial needs and lifestyle. When these events occur, they can often...

Wednesday, September 21, 2016

For most people, life insurance is an essential tool for protecting your estate and loved ones should anything happen to you. When you take out a permanent life insurance policy — whole, universal, or variable — you gain another...

Wednesday, September 14, 2016

Sending a child or grandchild to college comes with new insurance responsibilities. Whether they’re already in college or still have a few years to go, your family’s insurance needs change when your children go off to school....

Wednesday, September 7, 2016

If you’ve ever had your credit card number stolen or found unauthorized activity on one of your financial accounts, you know what a headache financial fraud can cause. A 2016 study found that 13.1 Americans became the victims of...

Wednesday, August 31, 2016

You know you should be saving for retirement, but what about your other goals? Intermediate goals can be more challenging to plan for because they have a shorter timeframe ¬– three-to-seven years – and may be given short shrift by...

Wednesday, August 24, 2016

We’ve all made financial mistakes. Whether it’s living beyond our means and accumulating debt, buying a too-expensive house, saving too little for the future, or any other blunder – we’ve all been there. Here are some tips for learning...

Wednesday, August 17, 2016

If you are seeking to cut costs, reducing or dropping your life insurance may seem like a safe bet. In some cases, it might even be a good idea. However, think very carefully before making changes to your policy; once you drop...

Wednesday, August 10, 2016

There are many reasons to own an annuity and there are some situations in which using tax-deferred money to purchase an annuity can be a good idea. You want to turn some of your retirement savings into guaranteed income. Income that...

Wednesday, August 3, 2016

How long do you plan to live? Ridiculous question, right? If we could know exactly how long we will live, it would make life (and retirement planning) so much simpler. But, we don’t know. We can look at many variables to come up with...

Wednesday, July 27, 2016

Traveling this summer? Save yourself a headache by using these tips to help keep your money safe while you’re away. Notify your financial institutions if you’ll be traveling abroad. Few things are more annoying than to have your cards...

Thursday, July 21, 2016

One of the best gifts you can give a grandchild is the gift of being financially savvy. Unfortunately, many children leave home without understanding basic financial skills such as how to set a budget, use a credit card, or invest for...

Wednesday, July 13, 2016

Are you and your spouse on the same page about money? Do you talk regularly about your finances? If not, a monthly family finance meeting might help. I know, talking about money and budgets every month doesn’t sound like a lot of fun,...

Wednesday, July 6, 2016

Many couples prefer to divide household tasks and take on separate family responsibilities. However, when one member of the couple handles all financial chores, the other spouse may find himself or herself in the dark about the family...

Wednesday, June 29, 2016

If you’ve been watching the news, you probably know that Britain voted to exit the European Union (EU) on June 23rd after being a member of the European community since 1973. The shocking news caused financial markets to whipsaw, and...

Wednesday, June 22, 2016

Though it may be hard to imagine retiring early, many Americans manage to do it while still living comfortable lifestyles. If you’re serious about ending your career early, think carefully about the challenges you face: preparing for...

Thursday, June 16, 2016

If you’re like many Americans, the idea of spending your retirement on the couch isn’t all that attractive. The good news is that baby boomers are using their numbers and influence to redefine retirement. While some fill their time...

Thursday, June 9, 2016

Muhammad Ali, possibly one of the greatest boxers in history, passed away last week, leaving behind an incredible legacy of strength, perseverance, and vision. While we might not be world-class boxers, we can still take away some...

Wednesday, June 1, 2016

Social Security is a major source of income for most retirees, and deciding when to claim your benefit is critical to maximizing your guaranteed government income. Social Security rules changed in 2015, taking away two claiming...

Wednesday, May 25, 2016

Grandparents are in a fantastic position to teach their grandchildren about money. Often, grandparents can more openly speak with grandchildren than their parents can. Grandparents often take on the role of family storyteller and...

Wednesday, May 18, 2016

Guaranteed acceptance life insurance can be a boon to people who can’t get term life insurance coverage because of age, medical history, or other issues. Applications don’t require medical exams or even detailed questionnaires and...

Friday, May 13, 2016

Most people have dozens of financial priorities competing for attention at any given time. Sitting down for an annual review can help you sift through those priorities and ensure that you are still on track to meet your goals. Though...

Wednesday, May 11, 2016

A recent survey found that 68% of women and 56% of men are losing sleep over at least one money issue. While most respondents were concerned about saving enough for retirement, many also worried about healthcare, debt, education...

Wednesday, April 27, 2016

Even though you may not be thinking about your estate yet, there are a few practical matters you don’t want to leave unresolved. Lack of preparation can leave your family scrambling during an already traumatic period. Though it’s not...

Thursday, April 21, 2016

An Allianz survey showed that 61% of Americans fear outliving their retirement nest egg more than they fear death. With lifespans stretching to age 100 and beyond, many Americans may spend 30 years or more in retirement. This...

Thursday, April 14, 2016

A generation ago, retirement looked more or less the same for everyone: you left your job with a pension and transitioned into your golden years. But today, retirement looks quite different for everyone. One reason for that is that...

Wednesday, April 6, 2016

All parents worry about what would happen to their children if something happened to them. Many people purchase life insurance to provide for their children, and it may seem like a natural choice to name them as beneficiaries on a...

Wednesday, March 30, 2016

Dave Ramsey, Suze Orman, Jim Cramer, and other gurus have made their fortunes telling others what to do with their money. Should they tell you what to do with yours? One of the challenges of being an investor today is the overwhelming...

Wednesday, March 23, 2016

One of the most important decisions you’ll have to make as a retiree is whether you’ll stay in your current home or move. Some people prefer to stay in their homes for financial or lifestyle reasons while others relish the...

Wednesday, March 16, 2016

Millions of homeowners are renting rooms (or even their entire house or apartment) to travelers and short-term tenants using Airbnb, VRBO, and many other online rental platforms. The income can help make real estate in expensive areas...

Wednesday, March 9, 2016

Spring cleaning is the annual ritual of clearing out the accumulated dust and debris of winter for a fresh new spring. This year, as you sweep away the dust bunnies, do some spring cleaning on your insurance as well. 1. Give your auto...

Wednesday, March 2, 2016

If you have a cash-strapped senior in your life, you may have come across advertisements for “reverse mortgages,” a type of loan that gives older homeowners payments in exchange for the value of the property while allowing...

Wednesday, February 24, 2016

If you’re looking ahead at retirement, you might wonder what role “Medigap” supplemental insurance policies play in Medicare coverage. Medicare has four parts that, used together, offer coverage for most medical care...

Thursday, February 18, 2016

Long-term care insurance is complex, and there’s no way to predict with certainty whether you will actually end up needing coverage for expensive care later in life. However, the odds are good that you may one day need some type...

Wednesday, February 10, 2016

Budgeting and monitoring your household’s spending are critical to building long-term financial success. However, money is an emotional topic for many, and it’s common for couples and families to dread budget talks. Here...

Thursday, February 4, 2016

What would you do if you weren’t able to earn an income because of an illness or injury? The financial consequences of a disability can be severe; a short-term illness or injury might not set your family back too far if you have...

Wednesday, January 27, 2016

Many of us take advantage of credit cards to make everyday purchases and smooth out cash flow. However, you shouldn’t always reach for plastic. Here are three types of expenses that you should never put on a credit card: Tuition...

Wednesday, January 20, 2016

Did you know that your lifestyle can affect life insurance premiums? Age is by far the biggest determinant, but there are a number of other factors that can affect how much you pay. Here are 3 common lifestyle factors that can boost...

Wednesday, January 13, 2016

For many people, having a new baby triggers the thought: I really ought to get some life insurance. One estimate put the lifetime cost of raising a child to age 18 at over $300,000 for a middle-income couple – not including the...

Wednesday, January 6, 2016

2016 is here and we want to help you make it one of your most financially successful years to date. Here are a few simple tasks you can complete while your resolutions are fresh in your mind: 1. Get acquainted with your finances If you...

Wednesday, December 30, 2015

Did you know that most renters don’t have renters insurance? While 95% of homeowners carry homeowner’s insurance, a 2014 poll found that just 37% of renters own renters policies.1 Many renters wrongly assume that their...

Wednesday, December 23, 2015

If you’re worried about leaving your children or loved ones with expenses after you die, you may take a second look at life insurance as a senior. Seniors face special challenges when purchasing life insurance; premiums get more...

Wednesday, December 16, 2015

When you’ve figured out the basics of why you need life insurance, how much you need, and how long you need it for, there are still some details that you need to work out. One area consists of the policy add-ons we call riders....

Thursday, December 10, 2015

The end of the year is approaching, but there’s still time to maximize deductions and take advantage of tax breaks. Here are three tips that could help you reduce your tax burden and get ready for tax season: 1. Plump up your...

Thursday, December 3, 2015

As we get close to the end of 2015, there are a few final tasks you need to check off of your to-do list for the year: Max out retirement account contributions Whether you have a 401(k), 403(b), 457, or other workplace retirement...

Wednesday, November 25, 2015

Many pet owners treat their beloved companions like full members of the family and wouldn’t dream of denying them medical care. Advances in veterinary medicine mean that diseases and injuries that once spelled certain death can...

Wednesday, November 18, 2015

If you are currently collecting Medicare or will be beginning soon, the news that many Medicare recipients faced a 52% premium hike next year might have shocked you. Fortunately, the budget deal signed in November 2015 brought the...

Wednesday, November 11, 2015

Life insurance is a valuable tool in your financial arsenal that’s designed to help your family live comfortably in the event of your death. Unfortunately, mistakes can cost you dearly when you need insurance most. Here are some...

Wednesday, November 4, 2015

The end of the year is fast approaching, and it’s a good time to review insurance and make sure that you’re making the most of your options this year. Review your coverage Now is an excellent opportunity to review your home...

Wednesday, October 28, 2015

If you’re approaching retirement, it might seem logical and comforting to pay off your mortgage before you leave the workforce. No mortgage means one less major bill to pay each month, and you might feel more at ease knowing that...

Thursday, October 22, 2015

Healthcare needs in retirement are complex and purchasing a long-term care insurance policy is a major decision that you should not undertake lightly. Long-term care (LTC) insurance is designed to transfer the risk and cost of...

Tuesday, October 13, 2015

You buy insurance to protect yourself, your loved ones, and your finances from risk. However, all insurance policies aren’t created equal and you want to be careful to choose policies from companies that will be able to pay claims...

Wednesday, September 23, 2015

Insurance-related Identity theft is a major problem in United States. Estimates suggest that life insurance fraud costs tens of billions of dollars each year.(1) Fraudsters can use sensitive personal information to make fraudulent...

Friday, September 18, 2015

If you own a business, what would happen to your business and your family if you were to die unexpectedly? Life insurance can help give your business and your family some breathing room to recover from the financial, emotional, and...

Thursday, September 10, 2015

Millions of Americans risk running out of money during retirement or not being able to retire on time. The most common reason? Not having saved enough for retirement during their working years. While inflation, turbulent markets, and...

Wednesday, September 2, 2015

The Bureau of Justice Statistics found that 16.6 million Americans were victims of identity theft in 2012. While the elderly and those for whom English is a second language are often specially targeted by scammers, anyone can become a...

Wednesday, September 2, 2015

Your child’s teenage years may be your last opportunity to teach valuable financial lessons before he or she heads out into the world. Today’s financial world is complex, and a solid financial base can help young adults adopt good...

Tuesday, August 25, 2015

Weekly Update - July 1, 2015 Like many important life transitions, retirement comes with a host of emotional and financial changes. Though you may have a lot of other things on your mind when you retire, you don’t want to make these...

Tuesday, August 25, 2015

Weekly Update - July 8, 2015 Life insurance for children is a controversial issue. On one hand, most children are born healthy and will live long, productive lives. Since they don’t work and contribute income to your family, one of...

Tuesday, August 25, 2015

Weekly Update - July 15, 2015 Everyone has goals that they'd like to reach. Maybe it's running a marathon, writing a novel, retiring early, or taking control of your finances. Whatever your personal goals are, reaching them takes...

Tuesday, August 25, 2015

Weekly Update - July 22, 2015 Suffering an injury or illness abroad can be extremely expensive, especially if it requires emergency medical care or unplanned evacuation. If you're planning a cruise or vacation overseas, take some time...

Tuesday, August 25, 2015

Weekly Update - July 29, 2015 If you have life insurance, you probably sat down at some point and calculated how many years of income your family might need or what costs your death might incur for your loved ones. However, rules of...

Tuesday, August 25, 2015

Weekly Update - August 5, 2015 Sending a child off to college? Sit down together and go over these important financial issues before dropping him or her off for the semester. Update insurance coverage: While some homeowner's policies...

Tuesday, August 25, 2015

Weekly Update - August 12, 2015 Ever wondered about the differences between term and permanent life insurance options? Though every type of life insurance is designed to provide a death benefit, policies can differ in length of...

Monday, August 24, 2015

It takes most people a lifetime to build significant wealth, but a few mistakes can completely derail your progress. Usually, it's not just a single bad decision or a few bad calls that hurt; instead, it's often a pattern of mistakes...

Tuesday, February 24, 2015

Stocks rallied on the news that Greece reached a new deal with its creditors, sending the Dow and the S&P 500 to new record closes and bringing the Nasdaq close to its own record set in March 2000.[1]For the week, the S&P 500 gained 0...

Tuesday, February 17, 2015

Stocks ended another positive week at record highs, sending the Dow above 18,000 and the S&P 500 to a new record close. Investors reacted positively to firming oil prices and news of a possible peace deal in Ukraine. For the week, the...

Monday, February 9, 2015

Markets shook off losses last week and ended with strong weekly gains on the back of a positive January jobs report. For the week, the S&P 500 gained 3.03%, the Dow rose 3.84%, and the Nasdaq grew 2.36%.[1] January's monthly Employment...

Monday, February 2, 2015

Markets were driven lower in another volatile week of trading, ending the first month of 2015 in the red. For the week, the S&P 500 lost 2.77%, the Dow fell 2.87%, and the Nasdaq dropped 2.58%.[1] One of the major contributors to the...

Monday, January 26, 2015

Markets ended the week in the black for the first time in 2015 on the back of major moves by multiple central banks. For the week, the S&P 500 gained 1.60%, the Dow grew 0.92%, and the Nasdaq added 2.66%.[1] Central banks ruled market...

Tuesday, January 20, 2015

Stocks experienced another rollercoaster week, pummeled by a dismal global growth forecast and missed earnings reports. However, markets ended a four-day losing streak on Friday with a "relief rally" as energy prices rebounded slightly...

Monday, January 12, 2015

Stocks ended the first full week of 2015 in the red, pulled in different directions by a mixed December jobs report, fresh oil declines, and renewed terrorist fears in the West. For the week, the S&P 500 lost 0.65%, the Dow fell 0.54%,...

Monday, January 5, 2015

With 2014 behind us, let's take a look at some of the factors that influenced markets last year. With the economic recovery in its fifth year, 2014 was the year in which Americans finally became confident in the economy and their...

Monday, December 22, 2014

Markets ended a rollercoaster week on an upbeat note, giving the S&P 500 its biggest weekly gain in nearly two years and erasing December losses.[1] Markets were pulled in different directions by several factors, including central bank...

Monday, December 15, 2014

Markets were jarred by plummeting oil prices last week, giving the Dow and S&P 500 their worst weeks of 2014.[1] For the week, the S&P 500 lost 3.52%, the Dow fell 3.78%, and the Nasdaq dropped 2.66%.[2] Markets reacted badly to crude...

Monday, December 8, 2014

Markets ended the first week of December with a bang, rallying for the seventh straight week, though the Nasdaq gave in to selling pressure and closed slightly down. Investors used an upbeat November jobs report as an excuse to rally,...

Monday, December 1, 2014

After a choppy October, November was a very good month for stocks. Falling oil prices, new moves by central banks, and solid domestic fundamentals gave both the Dow and the S&P 500 new record highs. For the month, the S&P 500 gained 4...

Monday, November 24, 2014

Markets rallied for the fifth week in a row on global and domestic good news, sending the Dow and S&P 500 to new record highs. For the week, the S&P 500 gained 1.15%, the Dow grew 0.99%, and the Nasdaq added 0.52%.[1]Investors cheered...

Tuesday, November 18, 2014

Markets ended a sluggish week of trading slightly up, notching another record close for the S&P 500. For the week, the S&P 500 gained 0.39%, the Dow grew 0.35%, and the Nasdaq added 1.21%.[1]Though last week's data was sparse, several...

Monday, November 10, 2014

Investors doubled down on the market rally, sending the Dow and S&P 500 to new highs after Friday's October employment situation report showed that the unemployment rate dropped again.[1] For the week, the S&P 500 gained 0.69%, the Dow...

Monday, November 3, 2014

Investors took advantage of a data-heavy week and rallied strongly, raising the Dow and the S&P 500 to new records. Upbeat economic reports and fresh hope for the global economy contributed to the market's optimism. For the week, the...

Monday, October 27, 2014

After several weeks of dismal performance, equities shook off their worries and rallied enthusiastically on solid quarterly earnings giving the S&P 500 its biggest weekly gain of the year. For the week, the S&P 500 gained 4.12%, the...

Monday, October 20, 2014

October 20, 2014 - Special Edition: Putting Market Corrections Into Perspective Markets posted another week of losses amid continued fears, though markets trimmed losses on Friday on better-than-expected earnings results from top...

Monday, October 13, 2014

Concerns about global growth caused markets to hit the brakes last week in a cloud of smoke and volatility, giving the S&P 500 and Nasdaq their worst week since May 2012. For the week, the S&P 500 lost 3.14%, the Dow slid 2.74%, and...

Monday, October 6, 2014

After some market stumbles in recent weeks that erased earlier gains, stocks ended about where they started at the beginning of the quarter. However, broad economic gains mean that solid fundamentals could contribute to market upside...

Monday, September 29, 2014

Markets lost ground last week, though a Friday rally on positive economic data helped trim losses. For the week, the S&P 500 lost 1.37%, the Dow dropped 0.96%, and the Nasdaq fell 1.48%.[1] Last week, a lot of market focus was on the...

Monday, September 22, 2014

Markets regained steam last week, pushed higher by a reassuring Federal Reserve meeting and a referendum on Scottish independence. For the week, the S&P 500 gained 1.25%, the Dow grew 1.72%, reaching a new record, and the Nasdaq rose 0...

Monday, September 15, 2014

Markets closed last week on a down note - breaking five straight weeks of gains - as investors hedged their bets ahead of a pivotal Federal Reserve Open Market Committee Meeting. For the week, the S&P 500 lost 1.10%, the Dow dropped 0...

Monday, September 8, 2014

Markets chalked up another win last week, pushing the S&P 500 to another record close. After several days of cautious trading, Friday's August jobs report finally gave investors the push they needed to extend gains for a fifth week....

Tuesday, September 2, 2014

Despite volatility around geopolitical concerns and sluggish growth in Europe, U.S. stocks had a phenomenal week, lifting the S&P 500 to a new record close, and giving the index its best August performance since 2000.[1] For the week,...

Monday, August 25, 2014

Despite lingering concerns about the Ukrainian crisis, markets picked up steam last week, giving the Dow and S&P 500 their best weekly performance since April. For the week, the S&P 500 grew 1.71%, the Dow gained 2.03%, and the Nasdaq...

Tuesday, August 19, 2014

Markets Fall on Ukraine Fears, Still End Positive WEEKLY UPDATE - AUGUST 19, 2014 Despite a late-week selloff due to renewed concerns about the situation in Ukraine, the major indices ended the week on a positive note. For the week,...

Tuesday, August 12, 2014

Markets regained steam and ended the first full week of August on a strong note. Solid jobs data and hopes that Russia may be de-escalating the Ukrainian conflict contributed to the gains. For the week, the S&P 500 gained 0.33%, the...

Monday, August 4, 2014

Caution was the name of the game last week as equities tumbled, marking the worst weekly loss for the S&P 500 in two years. Though the week was packed with market moving events, most of the week's losses can be attributed to worries...

Monday, July 28, 2014

Markets ended another volatile week mixed, pummeled by concerns about global growth but buoyed by better-than-expected earnings results. For the week, the S&P 500 ended flat, the Dow lost 0.82%, and the Nasdaq gained 0.39%.[1] As of...

Monday, July 21, 2014

Despite a tumultuous week that had it all - earnings, volatility, geopolitical shock, and monetary policy news - markets were still able to chalk up a win. For the week, the S&P 500 gained 0.54%, the Dow grew 0.90%, and the Nasdaq...

Monday, July 14, 2014

Stocks checked their advance last week as investors weighed earnings reports and waited for more news. Worries at one of Portugal's largest banks also contributed to mid-week losses. For the week, the S&P 500 lost 0.90%, the Dow fell 0...

Tuesday, July 8, 2014

As anyone who’s talked to me in the last 9 months can tell you, Larry and I just built a house. And, we’ve heard plenty of horror stories about building a truly custom home. (Why is it that, like pregnancy, everyone wants to share the...

Monday, July 7, 2014

After a slow start to the year, the second quarter of 2014 may be a redemption story. Multiple indices reached new records and the S&P 500 logged its longest quarterly rally since 1998.[1] For the quarter, the S&P 500 gained 4.66%, the...

Monday, June 30, 2014

Markets lost some momentum on slow trading and ended the week mixed. Despite the sluggish behavior, equities are up strongly for the quarter and the S&P 500 is poised for its longest rally since 1998.[1] While the S&P lost 0.10% and...

Monday, June 23, 2014

Markets rallied strongly last week and closed at new records for the S&P 500 and Dow. Though stocks ran in circles early in the week, they picked up the pace after Wednesday's reassuring Federal Open Market Committee (FOMC) meeting...

Monday, June 16, 2014

Markets snapped their winning streak and ended the week down slightly as investors decided to take some profits off the table. The light economic calendar led to sluggish activity since investors were reluctant to commit to positions...

Monday, June 9, 2014

Markets rallied for the third week in a row, sending stocks to new all-time highs on the back of a strong May jobs report.For the week, the S&P 500 rose 1.34%, the Dow gained 1.24%, and the Nasdaq grew 1.86%.[1] Markets shot up on...

Monday, June 2, 2014

Markets rallied for most of last week, pushing the S&P 500 and the Dow to new record closes. For the week, the S&P 500 rose 1.21%, the Dow gained 0.67%, and the Nasdaq grew 1.36%.[1] Despite some volatile weeks, markets ended May on an...

Friday, May 30, 2014

For pretty much my entire adult life I’ve been in a career where I worked directly with patients or clients. I’ve had some wonderful mentors along the way who taught me the ins and outs of customer service; valuable lessons that have...

Tuesday, May 27, 2014

Despite some volatility, markets rallied on better-than-expected housing numbers, putting the S&P 500 above 1900 for the first time.[1] For the week, the S&P 500 gained 1.21%, the Dow gained 0.70%, and the Nasdaq grew 2.33%. The...

Monday, May 19, 2014

After several days of negative performance, stocks rallied in the last two days to close generally flat. For the week, the S&P 500 lost 0.03%, the Dow fell 0.55%, and the Nasdaq gained 0.46%.[1] Economic data last week was generally...

Monday, May 12, 2014

The major indices closed out a volatile week on a mixed note, though the Dow was able to notch another all-time closing record on Friday.[1] Though stocks showed some momentum mid-week as investors bought the dip, they lost conviction...

Monday, May 5, 2014

Markets ended another volatile week on an upbeat note after a wave of economic data showed that the economy is still on the right track. For the week, the S&P 500 gained 0.95%, the Dow grew 0.93%, and the Nasdaq gained 1.19%.[1] One of...

Monday, April 28, 2014

Earnings seasons is halfway over, and thus far, among the 240 S&P 500 firms that had reported as of last Friday, total revenues are up 3.7%, and earnings results are up 2.0% from the same period last year. Overall, while growth remains...

Monday, April 21, 2014

Markets closed out the holiday-shortened week on an upbeat note, with the S&P 500 posting its best week since July. For the week, the S&P 500 gained 2.71%, the Dow grew 2.38%, and the Nasdaq rose 2.39%.[1] Markets shook off the...

Monday, April 14, 2014

Markets closed a volatile week on a bearish note as the first earnings reports trickled in. For the week, the S&P 500 lost 2.65%, the Dow fell 2.35%, and the Nasdaq dropped 3.10%.[1] One bright spot: Despite the dismal stock...

Monday, April 7, 2014

Equities closed out a lackluster quarter basically flat, as investors grappled with the effects of the chilly winter and widespread volatility. Though the major indices approached new highs in March, stocks gave in to selling pressure...

Monday, March 31, 2014

Despite some positive economic news, the major indices ended the week mixed as investors prepared for the end of the quarter and continued to worry about Russia. For the week, the S&P 500 lost 0.48%, the Dow gained 0.12%, and the...

Monday, March 24, 2014

Stocks shook off their global worries and advanced on some upbeat data that suggests the economy may be picking up steam as the weather warms. Despite losing some ground on Friday in pre-weekend jitters, the major averages all closed...

Monday, March 17, 2014

Equities experienced a rocky week as worries mounted about China's economic state and tensions escalated in Ukraine. While investors were not panicking, the pessimistic mood contributed to the Nasdaq posting its first drop in six weeks...

Monday, March 10, 2014

March 9, 2014 marked the five-year anniversary of the lowest point of the S&P 500 after the financial crisis, and we are taking this opportunity to highlight just how far markets have come since those dark days. As of Friday's close,...

Monday, March 3, 2014

Stocks shook off the winter gloom and rallied for most of last week, ending February with another record high for the S&P 500. For the week, the S&P 500 gained 1.3%, the Dow rose 1.4%, and the Nasdaq grew 1.1%.[1] The market rally...

Monday, February 24, 2014

The major indices finished a choppy week on a mixed note as stocks sagged on chilly economic data. While the S&P 500 and Dow moved lower, the Nasdaq Composite posted its third weekly gain on upbeat news in the tech sector. For the week...

Tuesday, February 18, 2014

The stock market ended an upbeat week on a positive note, buoyed by reassuring remarks by new Fed chairman Janet Yellen. Though the week saw reduced volume as some investors sat on the sidelines, stocks rallied impressively, giving us...

Monday, February 10, 2014

After several weeks of gloom, U.S. stocks rallied last week to erase some losses and post the best two-day gain in four months. Both the Dow and the S&P 500 had their best week of the year thus far, gaining 0.6% and 0.8% respectively,...

Tuesday, February 4, 2014

As many of you know, Larry and I lost a combined weight of about 75 lbs. in 2013. While it was nice to be able to fit into smaller clothes, our main goal was our health. Being in our early 50s, we’re far from “old” but we’re also at...

Monday, February 3, 2014

Markets had another rough week, with stocks driven lower by fears about the growing emerging market currency crisis. For the week, the S&P 500 lost 0.43%, the Dow fell 1.14%, and the Nasdaq declined 0.59%.[1] The month of January also...

Monday, January 27, 2014

Rough Week. Now What? Weekly Update - January 27, 2014 Markets slid considerably last week after investors were rattled by a confluence of events in emerging markets. For the week, the S&P 500 fell 2.63%, the Dow sank 3.52%, and the...

Tuesday, January 21, 2014

Earnings Reversal Sparks VolatilityWeekly Update - January 21, 2014Markets ended the week mixed as markets responded to some lackluster Q4 earnings reports. For the week, the S&P 500 lost 0.20%, the Dow gained 0.13%, and the Nasdaq...

Monday, January 13, 2014

Stocks Stall on Jobs Data Weekly Update - January 13, 2014 Markets stalled in the first full week of 2014, with major indices ending on a mixed note. For the week, the S&P 500 gained 0.6%, the Dow lost 0.2%, and the Nasdaq rose 1.03%...

Monday, January 6, 2014

SPECIAL EDITION: 2013 In Review Weekly Update - January 06, 2014 Now that 2013 is behind us, let's take a look at the events that shaped markets last year and consider what may lie ahead in 2014. 2013 was the year that investors...

Monday, December 30, 2013

2013: Good to the Last Drop?Weekly Update - December 30, 2013Stocks closed out their second week of gains despite the short trading week with the Dow and S&P 500 hovering near record highs. The S&P 500 gained 1.27%, the Dow grew 1.59%,...

Tuesday, December 24, 2013

The most important component of any New Year’s resolution is the part where you actually do it. Resolving to do something and then not carrying through only leads to frustration and failure. Why not increase your chances of achieving...

Monday, December 23, 2013

Taper's Here, But The Party's Not Over Weekly Update - December 23, 2013 Stocks broke their losing streak and rallied on the long-awaited Fed taper and positive economic news. The S&P 500 and Dow both finished out the week at record...

Monday, December 16, 2013

Second Weekly Loss on Low Volume, Federal Open Market Committee ConcernsWeekly Update - December 16, 2013Stocks experienced another down week, driven largely by low volume, anticipation of a budget deal, and investor caution before the...

Monday, December 9, 2013

Markets Snap Winning Streak by "This Much" Weekly Update - December 9, 2013 Stocks ended their winning streak, preoccupied by the Friday jobs report, but quickly regained steam after data revealed a rosy jobs picture. For the week, the...

Monday, December 2, 2013

Markets Continue 8th Week of Rally Weekly Update - December 2, 2013 Markets continued the rally through the holiday-shortened week, giving the S&P 500 and Dow their eighth straight week of gains. Markets are up for the third month in a...

Monday, November 25, 2013

Markets Red Hot or Overheated? Weekly Update - November 25, 2013 Stocks climbed again as the S&P 500 and Dow notched their seventh straight week of gains on positive economic data. The S&P 500 and Dow both hit new record closes, and...

Friday, November 22, 2013

In my workshops I do an exercise with the attendees where I tell them to close their eyes and imagine their 401k or IRA. Then I tell them, “Now… you know that’s not all yours, right?” I often get strange looks at that point. You see,...

Monday, November 18, 2013

Weekly Update - November 18, 2013 Stocks climbed again this week with the S&P 500 and Dow closing out a sixth straight week of gains despite some volatility. For the week, the S&P 500 gained 1.56%, the Dow rose 1.27%, and the Nasdaq...

Monday, November 11, 2013

Despite some volatility, the S&P 500 and Dow hit their fifth straight week of gains, boosted by an unexpected jobs report and a rosy Q3 GDP (Gross Domestic Product) estimate. For the week, the S&P 500 gained 0.51%, the Dow gained 0.94%...

Monday, November 4, 2013

Markets ended a fairly bullish week mixed, gaining in some sectors, while others fell to earnings jitters. The S&P 500 notched a new high, while the Dow finally reached a record close.[1] For the week, the S&P 500 gained 0.11%, the Dow...

Wednesday, October 30, 2013

Identity theft is a growing problem that’s affecting more and more people everyday. Identity theft occurs when a thief uses personal information like your name, Social Security number, or credit card number to commit fraud or other...

Monday, October 28, 2013

Markets extended their post-deal rally for another week, putting up several new records: the S&P 500 closed out the week at another all-time high, while the Nasdaq ended at a 13-year high. No records yet for the Dow, but it’s putting...

Monday, October 21, 2013

Markets experienced one of the best weeks in months, with the S&P 500 setting a new high after lawmakers finally struck a deal to reopen the government and raise the debt ceiling. For the week, the S&P 500 gained 2.42%, the Dow gained...

Monday, October 14, 2013

The market experienced another tumultuous week as investors responded to fear about the looming debt ceiling and hope about a possible resolution. Despite the volatility, markets rebounded on Friday as hopes of a deal circulated in the...

Monday, October 7, 2013

The big news last week was that the federal government shut down on Tuesday, October 1 when Congress would not pass a 2014 budget bill. Since many federal agencies require their funding to be renewed each fiscal year, they were forced...

Wednesday, October 2, 2013

I can’t tell you I’m a huge fan of the new Affordable Care Act (ACA) but it seems as if it’s here to stay for now. So, with that in mind, I want to address the biggest question I’m getting from clients, friends and family: “How will...

Monday, September 30, 2013

Though stocks fell again last week, weighed down by worries about a budget impasse in Washington, the major indices are still up for the month and the quarter. Through Friday, September 27, the S&P 500 grew 5.32% for the quarter, while...

Monday, September 23, 2013

Markets moved up last week on news that the Federal Reserve will delay tapering until economic data improves. Despite some end-of-week jitters about Washington's debt ceiling debates, the major indices all closed in the black. For the...

Monday, September 16, 2013

Markets closed out a solid week, boosted by a diplomatic solution in Syria and hopes that a big tapering move by the Fed may be avoided. For the week, the S&P 500 gained 1.98%, the Dow rose 3.04%, and the Nasdaq grew 1.70%.[1]Tensions...

Tuesday, September 10, 2013

Markets ended the short week in the black despite sustained volatility as traders worried about escalating tensions in Syria and the prospect of an end to the Federal Reserve's economic stimulus. For the week, the S&P 500 gained 1.36%,...

Friday, September 6, 2013

Larry and I celebrated our fifteenth wedding anniversary on September 4. Larry always says the reason he married me was because he saw how my mom treated my dad (she waited on him hand and foot!). What wasn’t always obvious is that my...

Tuesday, September 3, 2013

Markets ended the last trading day of August in the red, with the Dow and S&P 500 posting their worst monthly declines since May 2012. Trading was slow on Friday as worries about the escalating Syria situation and the Fed appear to...

Monday, August 26, 2013

Markets ended the week mixed, showing an upward trend after the previous week's losses, but still subject to investor nerves. For the week, the S&P 500 gained 0.46%, the Dow lost 0.47%, and the Nasdaq gained 1.53%.[1] Uncertainty...

Monday, August 19, 2013

Markets ended another week in the negative, pushed lower by mixed economic data and underlying fears about future Fed tapering. For the week, the S&P 500 lost 2.1%, the Dow lost 2.23% and the Nasdaq lost 1.57%.[1] Some strong economic...

Monday, August 12, 2013

Markets ended a slow trading week in the red, posting the biggest weekly decline since June. Stocks were pushed down by low volume and investor concerns about when the Federal Reserve will wind down its stimulus program. For the week,...

Monday, August 5, 2013

Markets closed out another positive week, driven upward by a better-than-expected GDP report and a reminder that the Fed won't be pulling the plug on bond purchases this month. Nervousness ahead of a Fed policy meeting and the monthly...

Wednesday, July 31, 2013

This month, I wanted to share an excellent article written by a fellow advisor, Tony Walker. This article is based on his experience that has involved working both “sides of Wall Street” and his conclusion that Fixed Annuities are a...

Monday, July 29, 2013

Markets closed mixed this week as stocks experienced a period of lackluster trading. While the Dow and Nasdaq indexes eked out gains, the S&P 500 notched its first loss in five weeks, driven lower by some earnings misses. For the week,...

Monday, July 22, 2013

Markets closed mixed for the week again, logging new highs for the S&P 500 and the Dow, while the Nasdaq lost ground due to some earnings misses. So far, Wall Street is experiencing its best month this year since January, buoyed by...

Monday, July 15, 2013

Markets rallied strongly for another week, posting their second best weekly performance of the year and sending the S&P 500 and Dow indexes to new highs. Earnings reports and calming words from Fed Chairman Ben Bernanke contributed to...

Monday, July 8, 2013

Markets roared back to life last week as investors digested an upbeat June jobs report and decided that things were looking up for the U.S. economy. For the week, the S&P 500 gained 1.59%, the Dow increased 1.52%, and the Nasdaq grew a...

Wednesday, July 3, 2013

I read a very interesting industry article the other day that I wanted to share with you this month. It was about how the stock market’s recent crazy swings are often driven by emotion. It’s like a vicious circle: the market swings,...

Monday, July 1, 2013

Despite a spike in volatility, markets were still able to eke out gains last week. Friday also marked the end of the month and the end of the second quarter; though June ended in the red, equities closed out the second quarter in the...

Monday, June 24, 2013

Last week was a turbulent one for equity markets. Key indices slid following Wednesday remarks by Fed Chairman Ben Bernanke, signaling that the Fed may scale back monetary stimulus later this year. For the week, the S&P 500 fell 2.11%,...

Monday, June 17, 2013

Markets lost ground last week for the third week in the last four, pummeled by ongoing worry about the tapering of the Fed’s stimulus programs. Uncertainty about the longevity of Fed programs has contributed to an increase in...

Wednesday, June 12, 2013

When I was growing up, my family had a “camp” on Rough River Lake in Kentucky. And by “camp”, I mean a trailer that was just the right size for my parents, me and my two sisters….most of the time! It was small and old and WONDERFUL!...

Monday, June 10, 2013

Troubling economic reports and fears of Fed tapering caused markets to stumble early last week, though they regained their footing later in the week, eventually ending positive. For the week, the S&P 500 gained 0.78%, the Dow gained 0...

Monday, June 3, 2013

Markets ended the shortened trading week down, battered by selling pressure and volatility around possible Fed actions. For the week, the S&P 500 lost 1.14%, the Dow slid 1.23%, and the Nasdaq trimmed 0.09%.[i]Oddly enough, markets...

Tuesday, May 28, 2013

Stocks entered the holiday weekend down on worries that the Fed might cut back its quantitative easing. For the week, the S&P 500 dropped 1.07%, the Dow lost 0.33%, and the Nasdaq lost 1.14%.[1]Fed officials went into a full-court...

Monday, May 20, 2013

Stocks rallied for the fourth week in a row on positive economic data as both the S&P 500 and Dow Industrials hit new highs. For the week, the S&P 500 gained 2.07%, the Dow increased 1.56%, and the NASDAQ added 1.82%.[i]Markets...

Monday, May 13, 2013

Markets turned out another solid performance last week as all three major indices reached new highs. With minimal economic data for investors to chew on, earnings drove most of the market action last week. On Tuesday, the S&P 500 set a...

Monday, May 6, 2013

U.S. markets closed out last week with a bang, after a better-than-expected jobs report eased concerns about a stalled economic recovery. The S&P 500 and Dow both surged to new highs on the news, with the S&P 500 closing out the week...