Be Productive
COVID-19 Will Change How We Age, Where We Age And How We Pay For It **
It’s hard to come up with an aspect of life unchanged by the coronavirus. Socializing is limited, work from home is encouraged, and traveling has been curtailed along with dining, working out at gyms and many other hobbies. When can I get a vaccine? Is it safe? What are the side effects? Get this info & more in your inbox each week. Sign ...Read More
Amazon is Forever!
1994 was a hallmark year. Stephen Spielberg won his first directing Oscar for Schindler’s List. Friends aired for the first of ten seasons. Baseball went on strike. Nothing compared to the bald computer guy from Wall Street who quit his job and launched Amazon from his garage. The world would never be the same. “Help,” Fern called me from Californi...Read More
Your Retirement Income – 5 Factors To Know
Financial decisions may impact your income and taxes at certain retirement milestones. A key milestone is the window between your retirement date and the year you begin taking required minimum distributions (RMDs). Strategic planning for this window may extend your retirement dollars, so continued support from your financial advisor is essen...Read More
To Work? or Not To Work….. Some Reasons To Think It Through
Why would anyone choose to keep a job when they could retire (or go back to work when they could stay retired)? After all, “tradition” has it that most workers eagerly await retirement. We tend to think of it as our ultimate reward for decades of effort and hard work. But sometimes, the reality of retirement living doesn’t match ...Read More
5 Common Retirement Myths That Need Dispelling
Here are some insights to help dispel five persistent myths about retirement. Myth #1: I don’t need to revisit my withdrawal rate Planning how you will create a retirement income stream can be challenging. Historically, a rule of thumb has been that a properly diversified portfolio can last 30 years given withdrawals of 4% or less and increased ann...Read More
Financial Benefits of Working after Retirement
Given retirement can last several decades, many retirees continue working to some degree. Whether by choice or necessity, working after retirement provides you with financial benefits. If you don’t have a financial advisor, this may be a good time to seriously consider getting one. Here are a few considerations to discuss with your financial advis...Read More
8 Unhealthy Habits To Be Rid Of – NOW
With more and more people living longer than ever before, it’s crucial to explore the best ways to maintain your physical and mental health as you grow older. Here are 5 Unhealthy Habits You Should Get Rid Of By Turning 50 Years Old
Some Thoughts about Reverse Mortgages
QUESTION: What are the pros and cons of reverse mortgages? “Needs to know.” AFL’S ROSEMARIE BOYD ANSWERS: Dear “Needs To Know:” Before I give my opinion on this, I would like to start with a word of caution! This decision is one which should not be made without expert advice! Because much of the decision is a planni...Read More
Is A Loved One Losing Capacity? A Way To Tell…
An estate attorney recently noted that when it comes to judging capacity, many compromised folks are very good at hiding their downward trajectory. Little jokes, annoyed denials, push back, turning the tables, and graceful changes in conversation are all part of the repertoire. Also, being forgetful, or other symptoms people want to associate with ...Read More
When Aging Parents Lack Health Insurance
A hospital waiting room is a lousy place to discover that Mom and Dad are broke. Unfortunately, a parent’s health crisis often provides the first warning sign that the folks have made a major financial blunder by dropping or downgrading their Medicare supplement health insurance to save money. “In a lot of cases, this comes up at the la...Read More
Makin’ A List? Checkin’ It Twice?!
Yes, we’re entering the holiday season and under “normal” circumstances, list-making would be an essential part of adding joy (and order) to the season. But this is the year when things absolutely WILL be different. But let’s not throw out the baby with the “list-making” bathwater. List-making itself can be a m...Read More
5 Tips to keep earning a paycheck in retirement
Retirement today is not that of a generation ago, we are living longer these days, and retirement is not what it used to be. Today, 60 (and beyond) is the new 50. Retirement is no longer a time to just garden and visit the grandkids, and healthier retirees want to stay engaged and stimulated. According to a recent survey about two-thirds of worker...Read More