“59% of investors believe their children and grandchildren should meet their financial advisor by the age of 25.” Spectrem Group, a Chicago-based research firm specializing in wealthy investor psychology and behavior, “$25 Million Plus Investor Report,” April 2021 Does that quote surprise you? The truth is that as many of America’s well-off baby boomers age, their thoughts turn to […]
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How To Tell If a Retirement Community Is Financially Sound
If you or your parents are contemplating a move to an assisted living or continuing care retirement community (CCRC), you’ll want to take a look at Glenn Ruffenach’s informative article in last week’s Wall Street Journal. Ruffenach, who writes frequently on retirement issues, tackled a question on many people’s minds. How can you make sure […]
3 Steps You Can Take For World Alzheimer’s Day
Monday, September 21 is World Alzheimer’s Day. If you’ve had friends or family members who have suffered from Alzheimer’s disease, that makes it a very meaningful day of the year. More than 5 million Americans are living with Alzheimer’s disease, according to the Alzheimer’s Association. Almost two-thirds of those affected are women. It is the […]
Elderly Care in Times of Pandemic
We’re pleased to share with you a guest blog from our colleague Linda Ames Lyon, CFP®, MBA. Linda serves as Associate Advisor with Mercer Advisors in its Washington D.C. branch. She writes about the very personal journey she went through with her husband as they discovered her aging mother-in-law needed a higher level of care. […]
Quote Of The Week: Amazing Advances In Life Expectancies
“Four million years of evolution extended average life expectancies by 11 years. But over the last 120 years alone, we’ve extended life expectancies on this planet by an additional 40 to 42 years. We sometimes forget that 50% or more of all economic growth in the world can be attributed to public health and medical […]
Quote Of The Week: Aging In Place Is Easier Said Than Done
“Aging in place can be more challenging than you might expect. While most seniors say they want to age in place, a much smaller percentage of them actually manage to accomplish it, studies show.” Mary Kane, Associate Editor, Kiplinger’s Retirement Report, “Moves to Make Now To Age in Place,” January 28, 2020 The Takeaway: Most […]
Top Reasons For Working Past 65
Older Americans are living longer than ever. So it should be no surprise that many plan to continue working into retirement to keep busy and stay mentally fit, reports Jacqueline Sergeant for Financial Advisor magazine. By 2026, almost 1/3 of all individuals in the 65-to-74 age group are projected to be gainfully employed, according to […]
It’s Medicare Open Season: Do You Need To Take Action?
If you are 65 or over, there’s an important deadline coming up you need to know about. It’s open enrollment season for Medicare, and it runs from October 15 to December 7. What does that mean? During the October 15 through December 7 annual enrollment period (AEP), you can make changes to your Medicare coverage for […]
What’s A Trusted Contact, And Why Do I Need One?
Several of our clients are receiving reminders from Charles Schwab & Co. to name a Trusted Contact for their accounts. Here’s some information to help you understand what a Trusted Contact is, and why you should consider naming one. What’s a Trusted Contact? A “Trusted Contact” is a person that you authorize your brokerage firm […]
How Caregiving Duties Are Pushing More Women Out Of The Workforce
Many working age women (and men) – and quite a few of our clients – are caring for aging parents. That’s a difficult and often exhausting job. A recent New York Times article on the reality of caregiving (“Why Aren’t More Women Working? They’re Caring for Parents”) showed how women caregivers are often forced to drop […]
About Mari Adam, CFP®
Mari Adam, Certified Financial Planner™ has helped hundreds of individuals and families build wealth and plan for a more secure financial future for over 30 years. Her advice has appeared in publications such as Wall Street Journal, Kiplinger’s, Money Magazine, Business Week, and CBS MarketWatch.
