Retirement is all about cash flow, but did you know…. When folks seek to retire, one of the most important objectives to evaluate is their Social Security benefits. Social Security is an excellent resource because it provides a guaranteed check for life. However, if you file your benefit to early (62), you could face up [...]
"Many people who carefully plan for their income needs in retirement do so based upon a fixed retirement horizon of average life expectancy and thus might give short shrift to the significant probability of living longer." - American Association of Actuaries Blues legend Albert King once observed, "Everybody wants to go to heaven, but nobody [...]
If you are nearing retirement or already retired, are you still getting the same advice from your financial advisor? Is this the advisor you have had for the last 10, 15, or even 20 years or longer? Has he or she adjusted your portfolio to protect your hard-earned money against any sudden downturn in the [...]
Death, while painful for most of us to contemplate, is nonetheless a fact of life for which we all need to prepare. The death of a spouse brings its unique kind of grief, along with a list of tasks that must be accomplished; often within a specified time frame. One of the first things [...]
In your retirement years, it is essential to not rely on Social Security as your only source of income, especially if you plan on being comfortable in the golden years of your life. 95% of Americans think “I have assets outside of only relying on Social Security, like my 401(k)”, but still don’t have a [...]
Social Security will never run out of money I know that is a broad and concerning statement, and one intended to cause the reader to investigate further. The new research report from Boston College’s Center for Retirement Research provides us with fresh and actionable information. If current spending, without tax adjustment, continues, in 2034, benefits [...]
Consider delaying your social consider benefits. Here's why...