Medicare Planning IS Financial Planning
As most of us know, healthcare costs are one of the largest drains on a retirees budget. And as a matter of fact, medical costs are the number one cause of senior bankruptcy in the United States. Making sure you have the right Medicare coverage for your personal situation is a key part of your financial […]
Housing debt can invade your retirement
Research shows concerns about housing debt as people enter retirement. At one time in our recent past, most people retired with no housing debt. Getting the house paid off was one of the important considerations to retirement. Today many couples retire with housing debt and some even buy a home and take on debt as […]
Confused about Medicare?
Let me help! I have a great tool with easy to understand videos that can give you a start on sorting through the Medicare options. If you are turning 65 or nearing retirement you are likely to be bombarded by mail and phone calls. Take a minute to watch some of my videos to make […]
Life.
The Final Loving Act
Visiting with clients during the Annual Enrollment Period
Qualified Long-term care premiums are tax deductible
IRS Issues Long-Term Care Premium Deductibility Limits for 2016 The Internal Revenue Service (IRS) is increasing the amount taxpayers can deduct from their 2016 taxes as a result of buying long-term care insurance. Premiums for “qualified” long-term care insurance policies (see explanation below) are tax deductible to the extent that they, along with other unreimbursed […]
Annuities can be cheaper hedge against longevity risk
Annuities and other guaranteed income products hedge longevity risk 25% to 40% cheaper than do-it-yourself portfolio optimization strategies, writes Bob Seawright. “Thus retirees who purchase an income annuity assure themselves a higher level of consumption and guarantee it as well,” he writes. Research magazine (9/2015) Bob Seawright, Chief Investment and Information Officer of Madison Avenue […]
Market Volatility and Timing
When the market takes a dive it can be very scary. Depending on the timeline of your planned retirement, a drop in the market can have little impact on your overall bottom line. Unfortunately the closer you are to your retirement years the less you can afford to withstand these downward swings. There are wonderful […]
Do you have a legal will?
Fantastic place to get a legal will written for FREE!!! Willing is going to help you get it done. It is NEVER too early to get your stuff in order. Make sure you have a legal will for the benefit of your family and loved ones. Please contact Elise if you need help with your retirement […]