Financial Planning

Are Your Finances Making You Sick?

By |2019-08-20T21:27:04-04:00August 20th, 2019|Financial Planning|

If you’re like a majority of Americans, dealing with your finances is stressing you out and wreaking havoc on your health. That’s the conclusion of a new report that asked people’s opinions about their money and their financial outlook. Of the 1000 people surveyed, about 60 percent said managing their money affected their mental health [...]

The Lump Sum Distribution Monster

By |2019-08-19T12:38:54-04:00August 19th, 2019|Financial Planning, Retirement|

It’s the end of an era, at least for Baby Boomers. Some have already retired; many more can see the finish line of their working years. For Boomers with highly appreciated company stock in their 401(k) a major decision is whether to do an IRA rollover, leave the money in the employer plan, or use [...]

SPECIAL REPORT: The Definitive Guide to Medicare

By |2019-08-16T13:47:22-04:00August 16th, 2019|Financial Planning, Retirement|

There’s a common misconception that Medicare is a simple, automatic process when you turn 65. Nothing could be further from the truth. The responsibility to enroll is on your shoulders, and if you miss deadlines or don’t enroll in just the right way, you can incur penalties that will consume chunks of your retirement income [...]

The Benefit of Working With a Fiduciary Adviser

By |2019-08-15T21:09:43-04:00August 15th, 2019|Financial Planning|

What is a Fiduciary? You may have heard the term in recent times due to the ongoing debate about whether stockbrokers should be held to such a standard. Since doing so would make it harder for them to sell you things that pay them high commissions, peddlers of Wall Street’s wares are, as one might [...]

Terminal Diagnosis Affects Social Security Timing

By |2019-08-13T14:20:24-04:00August 13th, 2019|Financial Planning|

Knowing the various Social Security benefits available to you and the best time to claim those benefits can be a challenge. It requires research on your part, because many people are getting incorrect information from Social Security representatives, as noted in an audit by the Social Security Administration’s Office of the Inspector General. But how [...]

It’s Time to Tell the Truth – Advisor or Broker

By |2019-08-12T10:20:15-04:00August 12th, 2019|Financial Planning|

I’ve been telling you for a while that some people who bill themselves as financial advisors are really financial salespeople, which begs the question, “Are they really acting in your best interest?” Apparently, the federal government now agrees with me. It’s become popular for brokers to market themselves as financial advisors. They tell you they [...]

The Battle Over Tom Petty’s Estate

By |2019-07-29T13:06:21-04:00July 29th, 2019|Financial Planning|

Tom Petty is in good company, not just as a rock-n-roll legend, but as another star whose estate is in turmoil. The plethora of lawsuits are Free Fallin’ as Petty’s wife, Dana, and the two daughters from a previous marriage, Adria and Annakim, fight over control of the $95 million he left behind. Unlike Aretha [...]