Money & Finance

Can We Put Retirement First – And STILL Help With College?

Sparing a loved one from college debt at the expense of your own future is a failing strategy. Here’s a better approach. As parents and grandparents, we want our offspring to have it easier than we did growing up. So it’s only natural to want to lessen their financial burden when it comes to college. And while you’ve likely heard the advice from mo...Read More

Social Security: 6 Commonly Asked Questions

Social Security income is an important discussion to have with your financial advisor before you stop working. Below are commonly asked questions and answers to help you prepare for the conversation.   1. When should I collect Social Security benefits? The answer is different for every individual, as it depends on several personal factors. Her...Read More

Downsizing: The First Step in Living a More Active, Healthy, Social Life

Ah, retirement. Finally, time spent permanently away from work! Now is the time to live your life to the fullest. Pursue all those interests and hobbies you never could because there was no time! Spoil your grandkids as they deserve! Travel the world and go on adventures like you always wanted to! Your days of punching that time clock are over – no...Read More

9 Myths about Retirement: Healthcare, Expenses, and More!

Retirement is a great reward for putting in literally decades in the workforce. That being said, preparing for retirement means ensuring that you can enjoy your golden years without any financial worries. It’s all too common to end up getting sucked into thinking the wrong way about retirement, so we’ve done our best to come up with the top nine my...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

“Sandwiched?” Financial Implications Can Be Real

The “sandwich generation”—people still supporting adult kids or grandchildren while caring for their own aging parents—has grown in recent years. Nearly 48 million Americans, or 19.2%, have provided care for someone 18 years or older in the past 12 months.  That number has gone up by more than 8 million since 2015. Though the “sandwich generation” ...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

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

Medicare: 5 Things To Know….

Planning for health care in retirement can help you be better prepared to handle the expected and unexpected costs. Medicare is a significant part of that planning. Your advisor will provide personalized advice based on your financial goals and personal situation. Here are five key aspects of Medicare to consider in those conversations. There’s a s...Read More

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