Medicare Part B premiums are projected to increase by over $50/month for about 30% of Medicare Part B enrollees who currently do not receive Social Security benefits. Medicare will not finalize this increase until later this fall. As of now Medicare Part B premiums are projected to increase to $159.30/month for new enrollees, enrollees who […]
I was asked the other day the financial moves I wish I had done in my 20s and 30s to get ready for retirement. I thought wow, what a great question! After some soul searching I arrived at three things I wish I had done better and three things I think I did right when […]
Here are seven tips to help you purchase a long-term care insurance policy that fits in your retirement plan. Long-term care insurance has many moving parts and features, but basically you are buying a daily dollar amount that pays for care in different settings for a certain amount of time. The more the policy pays for […]
One of the toughest decisions to make concerning your retirement is how to deal with long-term care should you or your spouse need it. Long-term care is generally synonymous with custodial care that is received in a nursing home, assisted living community, or at your home. Long-term care is required when you need help with two […]
You have decided to retire but need to manage your retirement portfolio with an eye toward an asset withdraw strategy. You have been busily contributing to your retirement plan and savings using an asset allocation that meets your objectives. But you now need a withdraw strategy that doesn’t upset your portfolio’s allocation and expose you to an […]
Are you thinking of retiring and trying to figure out how to maximize your Social Security benefits over your lifetime? Glance through these five tips and you’ll be in a better position to understand how you can claim the biggest lifetime benefit based on your (and your spouse’s) work history. For a bit of history, […]
Are you thinking of leaving your job soon but unsure whether you are retirement ready? Follow these tips and you’ll be on your way to a financially secure retirement. But before the financial tips, the most important part of retirement is how you spend your time now that it is not structured as when you were […]
What is the best way to match asset classes in your taxable and tax-deferred investment accounts? For example, should you put your actively managed stock funds in your taxable brokerage account or in your Roth IRA? Follow these handy rules to avoid adversely altering your portfolio’s overall risk and return profile as well as unnecessarily […]
On May 18, 2015, the Supreme Court ruled that companies offering 401k plans have a duty to select low-cost investment funds for the plan and to monitor the investments continuously and remove imprudent ones. This ruling is a huge win for 401k plan participants. I expect that within the next several months, employers offering retirement […]
How should you select which bond funds to include in your portfolio once you have decided upon the overall asset allocation (e.g., the percentage of bonds and stocks in your portfolio)? Remember bonds are used as ballast for your portfolio. They often zig when stocks zag. They complement your stock holdings. Despite paying interest on […]
