"Investing in Bitcoin or other alt-coins can be highly speculative, volatile, and risky. It's important to look past the hype and educate yourself before adding crypto to your portfolio, especially as you near retirement."- Eric Coons It's hard to read a financial column or watch a video on investing without encountering at least a brief [...]
"Despite their increasing influence, women remain largely ignored by the financial industry. It's time for them to educate themselves, take control of their money, and insist on better treatment from their wealth advisors."- Robert Cannon. Although women now control 2/3 of global household finances and 40% of all wealth, they remain much less confident than [...]
“Most people are clueless about Bitcoin. What does it do? Why is it so valuable? What is blockchain? How does this all affect my own money and retirement?” Steve Kerby A brief history Once relegated to the global financial system's outermost fringes, cryptocurrencies such as Bitcoin and Ethereum have entered the mainstream consciousness in a [...]
In a 2011 survey asking Baby Boomer-aged women about their retirement plans and their investible assets, single women had substantially less money saved for retirement than did single men. In addition to less money saved for retirement, a high percentage (86%) of women surveyed planned to retire earlier than men.
"As a new administration shifts into high gear, many people think about how Biden's tax reform proposals will affect them. People nearing retirement age and attempting to play "catch-up" with their savings are especially concerned about imminent tax increases' impact on their retirement planning."- Jerry Yu. For as long as taxes have been around, they [...]
Medicare Advantage is becoming more and more popular with America’s seniors. In fact, according to the Centers for Medicare and Medicaid Services, 40% of Medicare beneficiaries are enrolled in a Medicare Advantage Plan. But what is it? How does it work? And is it really free? Let’s start from the top. Medicare Advantage Plans are [...]
There is a new standard for portfolio management: Fixed Indexed Annuities Volatility and anxiety seem to walk hand in hand. Because of uncertainty, many retirees and pre-retirees are more concerned about their financial future than since the Great Depression. The question is where and how do Americans save, and how are their savings affected by [...]
"Those within 5-10 years of retirement need to get serious about money management and planning, or face possible failure." - Angie Politarhos While it's always worth checking in on your finances from time to time, it's especially critical as more of the economic upheaval created by the COVID-19 pandemic is gradually revealed. Resetting your finances [...]
"Medicare planning is a complicated and confusing process. Be sure you understand all of this benefit's nuances and can separate fact from fiction." Brad Rhodes Medicare is an essential element of any successful retirement. Yet, it is often poorly understood. In my capacity as a Medicare planner, I am continually astounded by how many false [...]
"Medicare can be a very complex, confusing subject. Still, it is an essential component of your retirement. A basic grasp of Medicare will help you make better retirement and income decisions."-Bill Duggan If you are nearing 65, you may be thinking about making the best choices concerning Medicare. Since it is a government program, you [...]
