Everyone wants a stress-free retirement, but so many retirees are constantly worried about their financial wellbeing. How do you overcome the stress of establishing a safe retirement plan? Many are concerned about having the right medical coverage and whether they can afford the monthly premiums or the huge bills which often follow a hospital stay. [...]
"Some people believe that you only have one option: either pay off debt or save money. What if it were possible to do BOTH? What if there were a way to turn your debt into wealth?"- Teresa Kuhn. As a specialist in transforming debt into wealth, I am acutely aware of the dilemma faced by [...]
In choosing the right place to grow your retirement nest egg, there are a host of financial products available. What are the best options for you and your money? You may want the guarantee of a fixed rate of return. You might also like the potential for market gains. The dilemma is how to achieve [...]
"Millions of Americans rely on employer-sponsored plans to be the cornerstones of their retirement. But, what happens when circumstances force your employer to change or even eliminate their retirement program?- Brad Rhodes COVID-19's effects are being felt in nearly every sector of the global economy. Stay-at-home orders, reduced hours, and supply-chain shortages resulting from the [...]
"Rapid development of blockchain technology is leading to some interesting new concepts, including the idea of collecting "one of a kind" art in the form of digital tokens." Eric Coons First off, I want to encourage any of you reading this to think hard and long before you leap on any bandwagon, much less s [...]
"Widowhood and divorce remain financially and emotionally devastating. Even younger women are wise to plan for the day when they no longer have their spouse or significant other." Raina Greene Karla N. (not her real name) epitomizes the 21st Century woman; self-assured, confident, entrepreneurial, and well-educated. Karla married at age 21, right after receiving her [...]
I’d like to start this article by saying, if you’re in your mid to late 60s, you may not have the time to utilize the living benefits of this concept. However, if you’re still in your late 50s to early 60s, you may be able to use this concept to supplement some of all of [...]
Retirement Income Planning has become an important topic with the aging of the baby boom generation. Many refer to it as preparation for the decumulation stage in an investors' life cycle. Some use analogies of the accumulation stage as climbing the mountain and the decumulation as scaling down the mountain. Climbing Mount Everest is indeed [...]
Retirement decisions can be confusing and complicated. Many people make too many mistakes when it comes to decisions that can affect their important retirement period. Listed below are 7 retirement mistakes, possibly you can avoid them. Searching for jobs later in life: Many people forgo proper retirement planning thinking they’ll be able to offset retirement money [...]
"Annuities can be useful tools for pre-retirees and retirees who seek a steady stream of guaranteed income when they no longer work. However, there are pitfalls of which potential annuity buyers must be aware."- Ed Hochard If you are pre-retiree or already retired, you may know that annuities can be excellent sources of extra income [...]
