News

19
Dec

How Often Should I Review My Plan?

How Often Should I Review My Plan? You need to have a financial plan. But a plan doesn’t do you any good if you don’t keep it updated. If you only look at your plan once every ten years, you don’t really have a financial plan. Your plan is your financial road map, and you need to refer to it

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13
Dec

What Does Spending Look Like In Poor, Great, And Average Retirement Conditions?

What Does Spending Look Like In Poor, Great, And Average Retirement Conditions? With this overview of how the different variable spending strategies performed historically, it is worthwhile to put a bit more effort into understanding the relative performance of these strategies in different market environments. Toward this end, I chose the years 1966 (poor retirement environment), 1982 (great retirement environment),

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8
Dec

What Happens to Your Pension If Your Former Employer Goes Under?

What Happens to Your Pension If Your Former Employer Goes Under? Pensions, along with Social Security, are the core of most people’s reliable income in retirement – they’re what many people plan to live off of. They’ve contributed to their pension fund for years, often decades, and they’ve built up a sizable chunk of change – with a little help

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8
Dec

4 Steps To Prepare Your Retirement Portfolio For The New Year

4 Steps To Prepare Your Retirement Portfolio For The New Year The following piece is by Bob French, who serves as Director of Retirement Research at McLean Asset Management. The end of the year is a great time to get your financial house in order. As the market bounces along throughout the year, your portfolio bounces right along with it. Every

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6
Dec

Retirement Planning for Procrastinators

Retirement Planning for Procrastinators You’ve probably heard that you’re never too young to start saving for retirement. However, many of us have procrastinated or have had other priorities and debt come up that prevented us from putting more money aside for our future. Or maybe you tried to save but got hit with unexpected setbacks like a job loss or

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3
Nov

5 Things You Need to Know About Long-Term Care Insurance

5 Things You Need to Know About Long-Term Care Insurance Chances are you’ll live well into your 80s, your 90s, and possibly even longer. When you live a long life, the likelihood you’ll need long-term health care is greatly increased. That’s why over 10 million Americans have purchased long-term care insurance.1 Here are just a few things you should know:

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13
Oct

Getting Your Affairs in Order

Getting Your Affairs in Order 10 Steps for Creating a Smart End-of-Life Plan End-of-life planning sounds like something you do towards the end of your life. But the reality is, no one knows what tomorrow will bring. If the worst were to happen, you wouldn’t want your family to be burdened with financial, legal and logistical problems. These 10 steps

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29
Sep

Life Insurance 101 for Retirees

Life Insurance 101 for Retirees According to a recent 2016 Insurance Barometer Study by Life Happens and LIMRA, having enough money for a comfortable retirement continues to be the top financial concern among most American consumers (66 percent). Next on the list are two related, and just as troubling, retirement concerns—paying for long-term care (58 percent) and medical expenses (58

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29
Aug

Retirement Planning By Age: What You Should Be Doing Right Now (Infographic)

Retirement Planning By Age: What You Should Be Doing Right Now (Infographic) The post Retirement Planning By Age: What You Should Be Doing Right Now (Infographic) appeared first on Smart Money Advisors. Source: Smart Money Advisors Retirement Planning By Age: What You Should Be Doing Right Now (Infographic)