Articles
The missing piece to your retirement… and here is why!
As tens of thousands of baby boomers move into their sixties on a daily basis, they meet with their financial advisors, most of whom are employees and as such, these boomers will go without the full scope of retirement planning services. What do I mean by that? The IRS tax code is built for business…
Read MoreHECM: The heck with my mortgage payment
Are you wanting to retire, but nervous about your mortgage payment? Better yet, tired of living in that huge house, but not sure if you should downsize or right size into a home that is more suited for aging? Always wanted a new house, but still have a mortgage payment? HECM is the most important…
Read MoreThree Ways to Reduce your Provisional Income
There are really only three ways to reduce your provisional income. We learned in our last article that provisional income is a measure used by the IRS to determine whether or not recipients of Social Security are required to pay taxes on their benefits. Provisional income is calculated by adding up a recipient’s gross income,…
Read MoreTwo words regarding Social Security – Provisional Income
There are lots of advisors out there holding luncheons, steak dinners and seminars trying to scare seniors into giving them their numbers, so they can provide them with a “Social Security report” or “filing strategy.” This is a marketing ploy to get more clients. You are tantalized with the thought of missing out on hundreds…
Read MoreWhat will you leave behind?
Talking about your legacy can be a daunting task, but having a plan about what is going to happen with all of your things can be the biggest gift to your family. I’m sure you know people who don’t talk to their siblings today because of something that happened when their parents passed away. It…
Read MoreThe first appointment with an advisor can be the best or the worst experience
We believe there are two main reasons why people don’t want to talk to a financial advisor. One, people are inherently distrusting when seeking financial guidance, and two, people are embarrassed that they aren’t where they want to be financially. No matter what the reason, the first appointment with an advisor is often a very daunting…
Read MoreThe 3 Numbers Driving Financial Planning and Why It’s Broken!
We meet with a lot of people and over the course of the last 5 years the three numbers that seemingly drive every conversation around retiring and the greener pasture so many Americans are striving for are…drum roll please? 59.5 65 66 Why 59.5? Because that is when American’s can access their IRA or 401K…
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